NOT LISTED FOR SALE

Estimated Value: $1,329,508

-- Bed
-- Bath
2,240 Sq Ft
$594/Sq Ft Est. Value

About This Home

This home is located at 1011 Lamond Ave, Durham, NC 27701 and is currently estimated at $1,329,508, approximately $593 per square foot. 1011 Lamond Ave is a home located in Durham County with nearby schools including George Watts Elementary, W.G. Pearson Elementary School, and Brogden Middle.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2025
Sold by
Lamond Avenue Durham Properties Llc
Bought by
114 Watts Street Llc
Current Estimated Value
$1,329,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,955,313
Outstanding Balance
$7,955,313
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$6,626,734

Purchase Details

Closed on
Apr 9, 2025
Sold by
Lamond Avenue Durham Properties Llc
Bought by
114 Watts Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,955,313
Outstanding Balance
$7,955,313
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$6,626,734

Purchase Details

Closed on
May 6, 2019
Sold by
Berg Carl and Barnett Martha
Bought by
Lamond Avenue Durham Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
4.2%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
Jun 29, 2017
Sold by
Robert Carl Britt
Bought by
Berg Carl and Barnett Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving
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
114 Watts Street Llc -- None Listed On Document
114 Watts Street Llc $1,325,000 None Listed On Document
Lamond Avenue Durham Properties Llc -- None Available
Lamond Avenue Durham Properties Llc $757,000 None Available
Berg Carl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 114 Watts Street Llc $7,955,313
Previous Owner Lamond Avenue Durham Properties Llc $920,000
Previous Owner Berg Carl L $440,000
Previous Owner Berg Carl --
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
2024 $10,082 $722,790 $404,806 $317,984
2023 $9,468 $722,790 $404,806 $317,984
2022 $9,251 $722,790 $404,806 $317,984
2021 $9,208 $722,790 $404,806 $317,984
2020 $8,991 $722,790 $404,806 $317,984
2019 $7,734 $621,759 $404,806 $216,953
2018 $4,727 $348,499 $98,036 $250,463
2017 $4,693 $348,499 $98,036 $250,463
2016 $5,093 $391,419 $98,036 $293,383
2015 $3,974 $287,045 $109,036 $178,009
2014 $3,974 $287,045 $109,036 $178,009
Source: Public Records

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