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
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
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Home Values in the Area
Average Home Value in this Area
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
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
Map
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