NOT LISTED FOR SALE

8708 Springhouse Ln Raleigh, NC 27617

Umstead Neighborhood

Estimated Value: $498,000 - $516,000

4 Beds
3 Baths
2,000 Sq Ft
$255/Sq Ft Est. Value

About This Home

This home is located at 8708 Springhouse Ln, Raleigh, NC 27617 and is currently estimated at $509,338, approximately $254 per square foot. 8708 Springhouse Ln is a home located in Wake County with nearby schools including Leesville Road Elementary School, Leesville Road Middle School, and Leesville Road High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2014
Sold by
Gibson Thomas M and Gibson Cynthia P
Bought by
Budnik Mark J and Budnik Kathryn H
Current Estimated Value
$509,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,650
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2003
Sold by
Thomas Kelly D and Costin Marion S
Bought by
Gibson Thomas M and Gibson Cynthia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,400
Interest Rate
5.93%
Mortgage Type
VA

Purchase Details

Closed on
Jun 23, 1998
Sold by
Centex Homes
Bought by
Thomas Kelly D and Costin Marion S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,050
Interest Rate
7.21%
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
Budnik Mark J $267,000 None Available
Gibson Thomas M $185,500 --
Thomas Kelly D $169,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budnik Mark J $253,650
Previous Owner Gibson Thomas M $185,400
Previous Owner Thomas Kelly D $164,050
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 $4,273 $487,728 $170,000 $317,728
2024 $4,256 $487,728 $170,000 $317,728
2023 $3,636 $331,750 $90,000 $241,750
2022 $3,379 $331,750 $90,000 $241,750
2021 $3,248 $331,750 $90,000 $241,750
2020 $3,189 $331,750 $90,000 $241,750
2019 $3,190 $273,552 $90,000 $183,552
2018 $3,009 $273,552 $90,000 $183,552
2017 $2,866 $273,552 $90,000 $183,552
2016 $2,807 $273,552 $90,000 $183,552
2015 $2,830 $271,395 $86,000 $185,395
2014 $2,685 $271,395 $86,000 $185,395
Source: Public Records

Map

North Carolina Wake County Raleigh 27617 Umstead

8708 Springhouse Ln, Raleigh, NC

This home is located at 8708 Springhouse Ln, Raleigh, NC 27617 and is currently estimated at $509,338, approximately $254 per square foot. 8708 Springhouse Ln is a home located in Wake County with nearby schools including Leesville Road Elementary School, Leesville Road Middle School, and Leesville Road High School.

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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