7916 Mill Trace Run Raleigh, NC 27615
Estimated Value: $475,000 - $509,000
--
Bed
3
Baths
2,382
Sq Ft
$209/Sq Ft
Est. Value
About This Home
This home is located at 7916 Mill Trace Run, Raleigh, NC 27615 and is currently estimated at $497,159, approximately $208 per square foot. 7916 Mill Trace Run 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
May 4, 2021
Sold by
Olson Charles E and Olson Genna K
Bought by
Morgan James and Morgan Samantha
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,189
Outstanding Balance
$334,577
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$162,582
Purchase Details
Closed on
Dec 16, 2005
Sold by
Wells Fargo Bank Na
Bought by
Olson Charles E and Olson Genna K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 7, 2005
Sold by
Okwuosha Frank and Nwafor Jane
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Jan 2, 2001
Sold by
Gp Custom Homes Llc
Bought by
Okwuosha Frank and Nwafor Jane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,215
Interest Rate
10.5%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Morgan James | $376,000 | None Available | |
Olson Charles E | $208,000 | None Available | |
Wells Fargo Bank Na | $245,000 | -- | |
Okwuosha Frank | $221,500 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Morgan James | $369,189 | |
Previous Owner | Olson Charles E | $183,000 | |
Previous Owner | Okwuosha Frank | $199,215 |
Source: Public Records
Tax History Compared to Growth
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 | $3,830 | $436,901 | $116,000 | $320,901 |
2024 | $3,814 | $436,901 | $116,000 | $320,901 |
2023 | $3,491 | $318,415 | $52,500 | $265,915 |
2022 | $3,244 | $318,415 | $52,500 | $265,915 |
2021 | $3,118 | $318,415 | $52,500 | $265,915 |
2020 | $3,062 | $318,415 | $52,500 | $265,915 |
2019 | $2,908 | $249,222 | $47,250 | $201,972 |
2018 | $2,743 | $249,222 | $47,250 | $201,972 |
2017 | $2,613 | $249,222 | $47,250 | $201,972 |
2016 | $2,559 | $249,222 | $47,250 | $201,972 |
2015 | $2,786 | $267,071 | $56,000 | $211,071 |
2014 | -- | $267,071 | $56,000 | $211,071 |
Source: Public Records
Map
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