NOT LISTED FOR SALE

1502 W Markham Ave Durham, NC 27705

Estimated Value: $604,000 - $744,592

3 Beds
2 Baths
2,237 Sq Ft
$312/Sq Ft Est. Value

About This Home

This home is located at 1502 W Markham Ave, Durham, NC 27705 and is currently estimated at $698,648, approximately $312 per square foot. 1502 W Markham Ave is a home located in Durham County with nearby schools including Clark Elementary School, E K Powe Elementary, and W.G. Pearson Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2023
Sold by
Raimi Frederic B
Bought by
Borkar Durga and Selvaraj Senthil
Current Estimated Value
$698,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$456,757
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$241,891

Purchase Details

Closed on
Aug 14, 2001
Sold by
Duke University
Bought by
Raimi Frederic B and Raimi Jane Hawkins
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Borkar Durga $675,000 None Listed On Document
Raimi Frederic B $253,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borkar Durga $472,500
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 $6,550 $660,706 $200,000 $460,706
2024 $5,530 $396,474 $60,000 $336,474
2023 $5,193 $396,474 $60,000 $336,474
2022 $5,074 $396,474 $60,000 $336,474
2021 $5,051 $396,474 $60,000 $336,474
2020 $4,932 $396,474 $60,000 $336,474
2019 $4,932 $396,474 $60,000 $336,474
2018 $5,162 $380,529 $40,000 $340,529
2017 $5,124 $380,529 $40,000 $340,529
2016 $4,951 $380,529 $40,000 $340,529
2015 $4,536 $327,698 $51,100 $276,598
2014 $4,536 $327,698 $51,100 $276,598
Source: Public Records

Map

North Carolina Durham County Durham 27701

1502 W Markham Ave, Durham, NC

Not Listed for Sale

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