NOT LISTED FOR SALE

8008 Gresham Trace Ln Raleigh, NC 27615

North Ridge Neighborhood

Estimated Value: $470,490 - $526,000

4 Beds
3 Baths
2,463 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 8008 Gresham Trace Ln, Raleigh, NC 27615 and is currently estimated at $502,623, approximately $204 per square foot. 8008 Gresham Trace Ln 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 25, 2022
Sold by
Parekh and Hitesh
Bought by
Parekh Mica
Current Estimated Value
$502,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$300,893
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$201,730

Purchase Details

Closed on
Mar 28, 2003
Sold by
Smith John Robert and Smith Gail Harris
Bought by
Parekh Hitesh and Parekh Mica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.82%

Purchase Details

Closed on
Oct 22, 1999
Sold by
M/I Schottenstein Homes Inc
Bought by
Smith John Robert and Smith Gail Harris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,090
Interest Rate
7.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Parekh Mica -- Hilton Silvers & Mcclanahan Pl
Parekh Hitesh $215,000 --
Smith John Robert $195,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parekh Mica $320,000
Previous Owner Parekh Hitesh $172,000
Previous Owner Smith John Robert $195,090
Closed Parekh Hitesh $43,000
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 $3,937 $449,170 $104,000 $345,170
2024 $3,921 $449,170 $104,000 $345,170
2023 $3,422 $312,109 $64,000 $248,109
2022 $3,180 $312,109 $64,000 $248,109
2021 $3,057 $312,109 $64,000 $248,109
2020 $3,001 $312,109 $64,000 $248,109
2019 $2,879 $246,689 $56,000 $190,689
2018 $2,715 $246,689 $56,000 $190,689
2017 $2,586 $246,689 $56,000 $190,689
2016 $2,533 $246,689 $56,000 $190,689
2015 $2,571 $246,387 $56,000 $190,387
2014 $2,439 $246,387 $56,000 $190,387
Source: Public Records

Map

North Carolina Wake County Raleigh 27615 North Ridge

8008 Gresham Trace Ln, Raleigh, NC

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