NOT LISTED FOR SALE

1016 Alabama Ave Durham, NC 27705

Old West Durham Neighborhood

Estimated Value: $529,000 - $565,000

2 Beds
2 Baths
1,296 Sq Ft
$422/Sq Ft Est. Value

About This Home

This home is located at 1016 Alabama Ave, Durham, NC 27705 and is currently estimated at $547,333, approximately $422 per square foot. 1016 Alabama Ave is a home located in Durham County with nearby schools including E K Powe Elementary, W.G. Pearson Elementary School, and Brogden Middle.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2023
Sold by
Redeeming Development Group Llc
Bought by
Oakley Elizabeth Brooks and Oakley Joshua
Current Estimated Value
$547,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$242,071
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$305,262

Purchase Details

Closed on
Nov 22, 2022
Sold by
Redeeming Development Group Llc
Bought by
Sanchez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2022
Sold by
Redeeming Development Group Llc
Bought by
Redeeming Development Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 18, 2022
Sold by
Fuller Rita G
Bought by
Redeeming Development Group Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Oakley Elizabeth Brooks $525,000 --
Sanchez Maria $550,000 --
Sanchez Maria $550,000 None Listed On Document
Redeeming Development Group Llc -- North Carolina Real Estate Law
Redeeming Development Group Llc $310,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Maria $38,150
Open Oakley Elizabeth Brooks $250,000
Previous Owner Sanchez Maria $370,000
Previous Owner Redeeming Development Group Llc $346,000
Previous Owner Redeeming Development Group Llc $117,000
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 $5,742 $411,672 $106,000 $305,672
2023 $5,392 $411,672 $106,000 $305,672
2022 $3,520 $274,996 $115,600 $159,396
2021 $3,503 $274,996 $115,600 $159,396
2020 $3,421 $274,996 $115,600 $159,396
2019 $3,421 $274,996 $115,600 $159,396
2018 $3,052 $225,019 $52,020 $172,999
2017 $3,030 $225,019 $52,020 $172,999
2016 $2,928 $225,019 $52,020 $172,999
2015 $2,112 $152,596 $27,934 $124,662
2014 -- $152,596 $27,934 $124,662
Source: Public Records

Map

North Carolina Durham County Durham 27705 Old West Durham

1016 Alabama Ave, Durham, NC

This home is located at 1016 Alabama Ave, Durham, NC 27705 and is currently estimated at $547,333, approximately $422 per square foot. 1016 Alabama Ave is a home located in Durham County with nearby schools including E K Powe Elementary, W.G. Pearson Elementary School, and Brogden Middle.

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