NOT LISTED FOR SALE

7945 Mill Trace Run Raleigh, NC 27615

Estimated Value: $490,000 - $522,000

4 Beds
3 Baths
2,191 Sq Ft
$231/Sq Ft Est. Value

About This Home

This home is located at 7945 Mill Trace Run, Raleigh, NC 27615 and is currently estimated at $505,588, approximately $230 per square foot. 7945 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
Jul 7, 2017
Sold by
Blake Brent Michael and Blake Rebecca Weber
Bought by
Franzen Patrick and Franzen Marissa
Current Estimated Value
$505,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Outstanding Balance
$248,162
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$257,426

Purchase Details

Closed on
Oct 28, 2011
Sold by
Pippin Mary Elizabeth and Pippin Johnnie A
Bought by
Blake Brent Michael and Blake Rebecca Weber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,170
Interest Rate
4.17%
Mortgage Type
VA

Purchase Details

Closed on
Dec 23, 2008
Sold by
Pippin Johnnie A and Pippin Mary Elizabeth
Bought by
Pippin Mary Elizabeth and Pippin Johnnie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2006
Sold by
Arthur Anthony B and Arthur Sukchong S
Bought by
Stallings Mary E

Purchase Details

Closed on
May 15, 2001
Sold by
Homes By Edd K Roberts Inc
Bought by
Arthur Anthony B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,200
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
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
Franzen Patrick $293,000 None Available
Blake Brent Michael $219,000 None Available
Pippin Mary Elizabeth -- None Available
Stallings Mary E $227,500 None Available
Arthur Anthony B $202,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franzen Patrick $293,000
Previous Owner Blake Brent Michael $211,170
Previous Owner Pippin Mary Elizabeth $103,000
Previous Owner Arthur Anthony B $192,200
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 $3,965 $452,302 $145,000 $307,302
2024 $3,948 $452,302 $145,000 $307,302
2023 $3,479 $317,330 $70,000 $247,330
2022 $3,233 $317,330 $70,000 $247,330
2021 $3,108 $317,330 $70,000 $247,330
2020 $3,051 $317,330 $70,000 $247,330
2019 $2,934 $251,409 $63,000 $188,409
2018 $2,767 $251,409 $63,000 $188,409
2017 $2,635 $251,409 $63,000 $188,409
2016 $2,581 $251,409 $63,000 $188,409
2015 $2,475 $237,055 $56,000 $181,055
2014 $2,347 $237,055 $56,000 $181,055
Source: Public Records

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