NOT LISTED FOR SALE

7324 Mine Shaft Rd Raleigh, NC 27615

Estimated Value: $391,000 - $491,000

3 Beds
2 Baths
1,764 Sq Ft
$256/Sq Ft Est. Value

About This Home

This home is located at 7324 Mine Shaft Rd, Raleigh, NC 27615 and is currently estimated at $452,202, approximately $256 per square foot. 7324 Mine Shaft Rd is a home located in Wake County with nearby schools including Lynn Road Elementary School, Carroll Middle, and Sanderson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2025
Sold by
Lumley John Ernest
Bought by
Lumley John Ernest and Bristle Morgan N
Current Estimated Value
$458,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$99,822
Interest Rate
6.6%
Mortgage Type
Credit Line Revolving
Estimated Equity
$354,999

Purchase Details

Closed on
Jun 15, 2023
Sold by
Cockrell Larry A
Bought by
Lumley John Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 31, 1998
Sold by
Drossman David Joseph
Bought by
Cockrell Larry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Lumley John Ernest -- None Listed On Document
Lumley John Ernest -- None Listed On Document
Lumley John Ernest $240,000 None Listed On Document
Cockrell Larry A $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lumley John Ernest $100,000
Closed Lumley John Ernest $100,000
Previous Owner Lumley John Ernest $240,000
Previous Owner Cockrell Larry A $77,300
Previous Owner Cockrell Larry A $30,000
Previous Owner Cockrell Larry A $102,000
Previous Owner Cockrell Larry A $105,000
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
2024 $3,545 $405,916 $189,000 $216,916
2023 $2,892 $263,469 $99,000 $164,469
2022 $2,688 $263,469 $99,000 $164,469
2021 $2,584 $263,469 $99,000 $164,469
2020 $2,537 $263,469 $99,000 $164,469
2019 $2,374 $203,128 $81,000 $122,128
2018 $2,239 $203,128 $81,000 $122,128
2017 $2,133 $203,128 $81,000 $122,128
2016 $2,089 $212,128 $90,000 $122,128
2015 $2,160 $206,704 $78,000 $128,704
2014 $2,049 $206,704 $78,000 $128,704
Source: Public Records

Map

North Carolina Wake County Raleigh 27615

7324 Mine Shaft Rd, Raleigh, NC

This home is located at 7324 Mine Shaft Rd, Raleigh, NC 27615 and is currently estimated at $452,202, approximately $256 per square foot. 7324 Mine Shaft Rd is a home located in Wake County with nearby schools including Lynn Road Elementary School, Carroll Middle, and Sanderson High School.

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