NOT LISTED FOR SALE

1116 Nichols Farm Dr Durham, NC 27703

Eastern Durham Neighborhood

Estimated Value: $405,047 - $419,000

3 Beds
3 Baths
1,985 Sq Ft
$207/Sq Ft Est. Value

About This Home

This home is located at 1116 Nichols Farm Dr, Durham, NC 27703 and is currently estimated at $411,762, approximately $207 per square foot. 1116 Nichols Farm Dr is a home located in Durham County with nearby schools including Oak Grove Elementary, John W Neal Middle School, and Southern School of Energy & Sustainability.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2020
Sold by
Matlock Sheila S
Bought by
Sprake Justin and Ballou Anne
Current Estimated Value
$411,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Outstanding Balance
$188,304
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$223,458

Purchase Details

Closed on
Oct 9, 2002
Sold by
Signet Realty Associates Of Durham Inc
Bought by
Matlock Earl W and Matlock Sheila S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,520
Interest Rate
6.21%
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Sprake Justin $250,000 None Available
Matlock Earl W $151,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sprake Justin $212,500
Previous Owner Matlock Earl W $121,520
Closed Matlock Earl W $30,380
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 $3,888 $392,171 $68,926 $323,245
2024 $3,139 $225,053 $50,400 $174,653
2023 $2,948 $225,053 $50,400 $174,653
2022 $2,880 $225,053 $50,400 $174,653
2021 $2,867 $225,053 $50,400 $174,653
2020 $2,799 $225,053 $50,400 $174,653
2019 $2,799 $225,053 $50,400 $174,653
2018 $2,370 $174,692 $36,960 $137,732
2017 $2,352 $174,692 $36,960 $137,732
2016 $2,273 $174,692 $36,960 $137,732
2015 $2,466 $178,119 $44,886 $133,233
2014 $2,466 $178,119 $44,886 $133,233
Source: Public Records

Map

North Carolina Durham County Durham 27703 Eastern Durham

1116 Nichols Farm Dr, Durham, NC

This home is located at 1116 Nichols Farm Dr, Durham, NC 27703 and is currently estimated at $411,762, approximately $207 per square foot. 1116 Nichols Farm Dr is a home located in Durham County with nearby schools including Oak Grove Elementary, John W Neal Middle School, and Southern School of Energy & Sustainability.

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