NOT LISTED FOR SALE

1108 Pate Farm Ln Durham, NC 27703

Estimated Value: $397,835

3 Beds
3 Baths
1,788 Sq Ft
$223/Sq Ft Est. Value

About This Home

This home is located at 1108 Pate Farm Ln, Durham, NC 27703 and is currently estimated at $397,835, approximately $222 per square foot. 1108 Pate Farm Ln 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
Mar 16, 2023
Sold by
Lennar Carolinas Llc
Bought by
Vaidya Malathi Ramesh and Vaidya Nisha
Current Estimated Value
$397,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,240
Outstanding Balance
$272,347
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$125,488
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
Vaidya Malathi Ramesh $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaidya Malathi Ramesh $281,240
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 $4,604 $403,458 $75,000 $328,458
2024 $4,604 $330,076 $60,000 $270,076
2023 $786 $60,000 $60,000 $0
2022 $768 $60,000 $60,000 $0
Source: Public Records

Map

North Carolina Durham County Durham 27703

1108 Pate Farm Ln, Durham, NC

This home is located at 1108 Pate Farm Ln, Durham, NC 27703 and is currently estimated at $397,835, approximately $222 per square foot. 1108 Pate Farm Ln 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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