NOT LISTED FOR SALE

1022 Gemma Dr Durham, NC 27703

Estimated Value: $361,000 - $463,000

3 Beds
3 Baths
1,780 Sq Ft
$235/Sq Ft Est. Value

About This Home

This home is located at 1022 Gemma Dr, Durham, NC 27703 and is currently estimated at $418,815, approximately $235 per square foot. 1022 Gemma Dr is a home located in Durham County with nearby schools including Bethesda Elementary School, John W Neal Middle School, and Southern School of Energy & Sustainability.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2022
Sold by
Lennar Carolinas Llc
Bought by
Velmurugan Nithyakalyani and Udayakumar Karthick
Current Estimated Value
$418,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,243
Outstanding Balance
$315,059
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$134,982
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

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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
Velmurugan Nithyakalyani $431,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velmurugan Nithyakalyani $323,243
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 $4,708 $337,489 $60,000 $277,489
2023 $4,421 $337,489 $60,000 $277,489
2022 $768 $60,000 $60,000 $0
Source: Public Records

Map

North Carolina Durham County Durham 27703

1022 Gemma Dr, Durham, NC

This home is located at 1022 Gemma Dr, Durham, NC 27703 and is currently estimated at $418,815, approximately $235 per square foot. 1022 Gemma Dr is a home located in Durham County with nearby schools including Bethesda Elementary School, John W Neal Middle School, and Southern School of Energy & Sustainability.

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