NOT LISTED FOR SALE

7404 Cornett Way Raleigh, NC 27604

Northeast Raleigh Neighborhood

Estimated Value: $395,669 - $416,000

-- Bed
1 Bath
1,793 Sq Ft
$226/Sq Ft Est. Value

About This Home

This home is located at 7404 Cornett Way, Raleigh, NC 27604 and is currently estimated at $404,917, approximately $225 per square foot. 7404 Cornett Way is a home with nearby schools including Forestville Road Elementary School, Neuse River Middle School, and Knightdale High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2020
Sold by
Lgi Homes Nc Llc
Bought by
Carter Michael and Carter Carolyn
Current Estimated Value
$404,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,966
Outstanding Balance
$237,907
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$167,010
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
Carter Michael $273,000 None Available
Carter Michael $273,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Michael $267,966
Closed Carter Michael $267,966
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 $3,277 $373,489 $80,000 $293,489
2024 $3,264 $373,489 $80,000 $293,489
2023 $2,911 $265,249 $50,000 $215,249
2022 $2,706 $265,249 $50,000 $215,249
2021 $2,601 $265,249 $50,000 $215,249
2020 $430 $50,000 $50,000 $0
Source: Public Records

Map

North Carolina Wake County Raleigh 27604 Northeast Raleigh

7404 Cornett Way, Raleigh, NC

This home is located at 7404 Cornett Way, Raleigh, NC 27604 and is currently estimated at $404,917, approximately $225 per square foot. 7404 Cornett Way is a home with nearby schools including Forestville Road Elementary School, Neuse River Middle School, and Knightdale High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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