NOT LISTED FOR SALE

7246 Racine Way Raleigh, NC 27615

North Ridge Neighborhood

Estimated Value: $302,792 - $337,000

3 Beds
3 Baths
1,614 Sq Ft
$202/Sq Ft Est. Value

About This Home

This home is located at 7246 Racine Way, Raleigh, NC 27615 and is currently estimated at $325,698, approximately $201 per square foot. 7246 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
Aug 16, 2022
Sold by
Nelms Matthew Bennett and Nelms Karina Schwanker
Bought by
Nelms Karina Schwankert
Current Estimated Value
$325,698

Purchase Details

Closed on
Dec 20, 2017
Sold by
Ngo Gwen U and Do Lam N
Bought by
Nelms Matthew Bennett and Nelms Karina Schwankert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 12, 2014
Sold by
Ngo Gwen and Do Lam N
Bought by
Ngo Gwen U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2008
Sold by
Pulte Home Corp
Bought by
Ngo Gwen and Do Lam N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,435
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
Nelms Karina Schwankert -- None Listed On Document
Nelms Karina Schwankert -- None Listed On Document
Nelms Matthew Bennett $187,000 None Available
Ngo Gwen U -- None Available
Ngo Gwen $157,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelms Matthew Bennett $189,000
Previous Owner Ngo Gwen U $120,000
Previous Owner Ngo Gwen $141,435
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 $2,658 $302,447 $59,500 $242,947
2024 $2,647 $302,447 $59,500 $242,947
2023 $2,383 $216,792 $50,000 $166,792
2022 $2,215 $216,792 $50,000 $166,792
2021 $2,129 $216,792 $50,000 $166,792
2020 $2,091 $216,792 $50,000 $166,792
2019 $1,956 $167,013 $40,000 $127,013
2018 $1,845 $167,013 $40,000 $127,013
2017 $1,757 $167,013 $40,000 $127,013
2016 $1,722 $167,013 $40,000 $127,013
2015 $1,966 $187,953 $42,000 $145,953
2014 $1,865 $187,953 $42,000 $145,953
Source: Public Records

Map

North Carolina Wake County Raleigh 27615 North Ridge

7246 Racine Way, Raleigh, NC

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