NOT LISTED FOR SALE

7242 Racine Way Raleigh, NC 27615

North Ridge Neighborhood

Estimated Value: $302,825 - $337,000

3 Beds
3 Baths
1,615 Sq Ft
$202/Sq Ft Est. Value

About This Home

This home is located at 7242 Racine Way, Raleigh, NC 27615 and is currently estimated at $326,206, approximately $201 per square foot. 7242 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
Sep 10, 2013
Sold by
Harper Donald Lee and Harper Catherine Marie Kayser
Bought by
Bracey Mellaney D
Current Estimated Value
$326,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,200
Outstanding Balance
$62,608
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$263,598

Purchase Details

Closed on
Mar 24, 2008
Sold by
Pulte Home Corp
Bought by
Kayser Catherine Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.62%
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
Bracey Mellaney D $155,000 None Available
Kayser Catherine Marie $156,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bracey Mellaney D $84,200
Previous Owner Kayser Catherine Marie $116,000
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 $2,678 $304,817 $59,500 $245,317
2024 $2,667 $304,817 $59,500 $245,317
2023 $2,402 $218,500 $50,000 $168,500
2022 $2,232 $218,500 $50,000 $168,500
2021 $2,146 $218,500 $50,000 $168,500
2020 $2,107 $218,500 $50,000 $168,500
2019 $1,971 $168,344 $40,000 $128,344
2018 $1,859 $168,344 $40,000 $128,344
2017 $1,771 $168,344 $40,000 $128,344
2016 $1,735 $168,344 $40,000 $128,344
2015 $1,753 $167,365 $42,000 $125,365
2014 -- $167,365 $42,000 $125,365
Source: Public Records

Map

North Carolina Wake County Raleigh 27615 North Ridge

7242 Racine Way, Raleigh, NC

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