NOT LISTED FOR SALE

116 Tobacco Farm Way Chapel Hill, NC 27516

Estimated Value: $655,000 - $835,000

3 Beds
3 Baths
2,762 Sq Ft
$265/Sq Ft Est. Value

About This Home

This home is located at 116 Tobacco Farm Way, Chapel Hill, NC 27516 and is currently estimated at $732,818, approximately $265 per square foot. 116 Tobacco Farm Way is a home located in Chatham County with nearby schools including Margaret B. Pollard Middle School and Woods Charter.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2019
Sold by
Dicus Derrin and Dicus Andrea
Bought by
Abbott Derek James and Abbott Jennifer Kelly Crawford
Current Estimated Value
$732,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,500
Outstanding Balance
$299,825
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$432,993

Purchase Details

Closed on
Sep 15, 2016
Sold by
Mena Salvador B and Mena Jessica A
Bought by
Dicus Derrin and Dicus Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 17, 2008
Sold by
Vanguard Homes Inc
Bought by
Mena Salvador B and Mena Jessica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,900
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
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
Abbott Derek James $380,000 None Available
Dicus Derrin $372,000 None Available
Mena Salvador B $370,000 None Available
Vanguard Homes Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbott Derek James $341,500
Previous Owner Dicus Derrin $372,000
Previous Owner Vanguard Homes Inc $369,900
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 $4,660 $483,686 $118,650 $365,036
2023 $4,263 $483,686 $118,650 $365,036
2022 $3,912 $483,686 $118,650 $365,036
2021 $3,864 $483,686 $118,650 $365,036
2020 $3,279 $405,386 $50,000 $355,386
2019 $3,279 $405,386 $50,000 $355,386
2018 $3,055 $405,386 $50,000 $355,386
2017 $3,055 $405,386 $50,000 $355,386
2016 $2,816 $369,782 $50,000 $319,782
2015 $2,772 $369,782 $50,000 $319,782
2014 $2,716 $369,782 $50,000 $319,782
2013 -- $369,782 $50,000 $319,782
Source: Public Records

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