NOT LISTED FOR SALE

1261 Channel Drop Loop Zebulon, NC 27597

Estimated Value: $278,000

3 Beds
3 Baths
1,622 Sq Ft
$171/Sq Ft Est. Value

About This Home

This home is located at 1261 Channel Drop Loop, Zebulon, NC 27597 and is currently estimated at $278,000, approximately $171 per square foot. 1261 Channel Drop Loop is a home located in Wake County with nearby schools including Zebulon Elementary School, Zebulon Magnet Middle School, and East Wake High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2023
Sold by
Drb Group North Carolina Llc
Bought by
Farrington Lynell
Current Estimated Value
$278,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,213
Outstanding Balance
$296,960
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
-$18,960
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
Farrington Lynell $309,500 None Listed On Document
Farrington Lynell $309,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrington Lynell $309,213
Closed Farrington Lynell $309,213
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 $3,089 $280,459 $50,000 $230,459
2024 $3,078 $280,459 $50,000 $230,459
2023 $673 $54,600 $50,000 $4,600
2022 $0 $50,000 $50,000 $0
Source: Public Records

Map

North Carolina Wake County Zebulon 27597

1261 Channel Drop Loop, Zebulon, NC

This home is located at 1261 Channel Drop Loop, Zebulon, NC 27597 and is currently estimated at $278,000, approximately $171 per square foot. 1261 Channel Drop Loop is a home located in Wake County with nearby schools including Zebulon Elementary School, Zebulon Magnet Middle School, and East Wake High School.

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