1506 Cavell Ct Hillsborough, NC 27278
Estimated Value: $681,000 - $729,000
            
                4
                Beds
            
            
            
                3
                Baths
            
            
            
                2,918
                Sq Ft
            
            
                
                    $243/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 1506 Cavell Ct, Hillsborough, NC 27278 and is currently estimated at $708,129, approximately $242 per square foot. 1506 Cavell Ct is a home located in Orange County with nearby schools including River Park Elementary School, Orange Middle School, and The Expedition School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Jul 2, 2015
            
        
                Sold by
            
            
                Premakumar Ramaswamy and Premakumar Nirmaladevi
            
        
                Bought by
            
            
                Bernard Gustav and Rowe Andrea K
            
        
                            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
            
            
                $295,000
            
        
                Outstanding Balance
            
            
                $229,621
            
        
                Interest Rate
            
            
                3.89%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $478,508
            
        Purchase Details
                Closed on
            
            
                Jun 27, 2002
            
        
                Sold by
            
            
                The Drees Company
            
        
                Bought by
            
            
                Premakumar Ramaswamy and Premakumar Nirmaladeri
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $251,200
            
        
                Interest Rate
            
            
                6.79%
            
        Purchase Details
                Closed on
            
            
                Jul 30, 2001
            
        
                Sold by
            
            
                Churton Grove Llc
            
        
                Bought by
            
            
                The Drees Company
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Bernard Gustav | $385,000 | None Available | |
| Premakumar Ramaswamy | $314,500 | -- | |
| The Drees Company | $261,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Bernard Gustav | $295,000 | |
| Previous Owner | Premakumar Ramaswamy | $251,200 | 
                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 | 
|---|---|---|---|---|
| 2025 | $4,596 | $610,400 | $195,000 | $415,400 | 
| 2024 | $4,068 | $401,900 | $100,000 | $301,900 | 
| 2023 | $3,921 | $401,900 | $100,000 | $301,900 | 
| 2022 | $3,864 | $401,900 | $100,000 | $301,900 | 
| 2021 | $3,814 | $401,900 | $100,000 | $301,900 | 
| 2020 | $3,749 | $374,700 | $80,000 | $294,700 | 
| 2018 | $3,661 | $374,700 | $80,000 | $294,700 | 
| 2017 | $3,681 | $374,700 | $80,000 | $294,700 | 
| 2016 | $3,681 | $371,690 | $69,904 | $301,786 | 
| 2015 | $3,681 | $371,690 | $69,904 | $301,786 | 
| 2014 | $3,624 | $371,690 | $69,904 | $301,786 | 
                Source: Public Records
                    
            
        Map
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