NOT LISTED FOR SALE

7140 Racine Way Raleigh, NC 27615

Estimated Value: $324,000 - $1,091,000

3 Beds
3 Baths
1,547 Sq Ft
$379/Sq Ft Est. Value

About This Home

This home is located at 7140 Racine Way, Raleigh, NC 27615 and is currently estimated at $585,667, approximately $378 per square foot. 7140 Racine Way is a home located in Wake County with nearby schools including North Ridge Elementary School, West Millbrook Middle School, and Millbrook High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2025
Sold by
Qomaq Mustafa A
Bought by
Qomaq Mustafa A and Qomaq Demet Ahmad
Current Estimated Value
$585,667

Purchase Details

Closed on
Oct 22, 2020
Sold by
Schenker Cindy B
Bought by
Qomaq Mustafa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2016
Sold by
Burse Gertrude
Bought by
Schenker Cindy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,830
Interest Rate
3.56%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2007
Sold by
Pulte Home Corp
Bought by
Burse Gertrude

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
6.22%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Qomaq Mustafa A -- None Listed On Document
Qomaq Mustafa A $730,000 None Available
Schenker Cindy B $175,000 None Available
Burse Gertrude $174,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Qomaq Mustafa A $230,000
Previous Owner Schenker Cindy B $171,830
Previous Owner Burse Gertrude $139,200
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,707 $308,128 $70,000 $238,128
2024 $2,696 $308,128 $70,000 $238,128
2023 $2,350 $213,785 $50,000 $163,785
2022 $2,185 $213,785 $50,000 $163,785
2021 $2,100 $213,785 $50,000 $163,785
2020 $2,062 $213,785 $50,000 $163,785
2019 $1,932 $165,013 $40,000 $125,013
2018 $1,823 $165,013 $40,000 $125,013
2017 $1,737 $165,013 $40,000 $125,013
2016 $1,701 $165,013 $40,000 $125,013
2015 $1,943 $185,677 $42,000 $143,677
2014 $1,843 $185,677 $42,000 $143,677
Source: Public Records

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