NOT LISTED FOR SALE

7229 Summer Tanager Trail Raleigh, NC 27614

Falls Lake Neighborhood

Estimated Value: $1,614,825 - $1,840,000

4 Beds
6 Baths
5,075 Sq Ft
$343/Sq Ft Est. Value

About This Home

This home is located at 7229 Summer Tanager Trail, Raleigh, NC 27614 and is currently estimated at $1,742,956, approximately $343 per square foot. 7229 Summer Tanager Trail is a home located in Wake County with nearby schools including Pleasant Union Elementary School, Wakefield Middle, and Wakefield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2019
Sold by
Homestead Building Company
Bought by
Muglia Louis and Muglia Lisa
Current Estimated Value
$1,742,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,000
Outstanding Balance
$691,445
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,051,511

Purchase Details

Closed on
Oct 16, 2018
Sold by
Falls Lake Developers Llc
Bought by
Homestead Building Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
Muglia Louis $997,500 None Available
Homestead Building Company $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muglia Louis $798,000
Previous Owner Homestead Building Company $700,000
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 -- $1,286,927 $275,000 $1,011,927
2024 $8,012 $1,286,927 $275,000 $1,011,927
2023 $8,592 $1,099,340 $210,000 $889,340
2022 $7,959 $1,099,340 $210,000 $889,340
2021 $7,745 $1,099,340 $210,000 $889,340
2020 $7,616 $1,099,340 $210,000 $889,340
2019 $1,511 $185,000 $185,000 $0
Source: Public Records

Map

North Carolina Wake County Raleigh 27614 Falls Lake

7229 Summer Tanager Trail, Raleigh, NC

This home is located at 7229 Summer Tanager Trail, Raleigh, NC 27614 and is currently estimated at $1,742,956, approximately $343 per square foot. 7229 Summer Tanager Trail is a home located in Wake County with nearby schools including Pleasant Union Elementary School, Wakefield Middle, and Wakefield High School.

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