NOT LISTED FOR SALE

1509 Stone Rd Durham, NC 27703

Estimated Value: $630,000 - $724,497

5 Beds
4 Baths
3,737 Sq Ft
$182/Sq Ft Est. Value

About This Home

This home is located at 1509 Stone Rd, Durham, NC 27703 and is currently estimated at $678,874, approximately $181 per square foot. 1509 Stone Rd is a home located in Durham County with nearby schools including Bethesda Elementary School, John W Neal Middle School, and Southern School of Energy & Sustainability.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2019
Sold by
Meritage Homes Of The Carolinas Inc
Bought by
Leathers Derek and Leathers Kimberly J
Current Estimated Value
$693,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,713
Outstanding Balance
$362,103
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$316,771

Purchase Details

Closed on
May 15, 2019
Sold by
Ellis Road Residential Lp
Bought by
Meritage Homes Of The Carolinas Inc
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
Leathers Derek $429,500 None Available
Meritage Homes Of The Carolinas Inc $1,344,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leathers Derek $410,713
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 $7,362 $742,641 $120,175 $622,466
2024 $6,249 $447,971 $80,500 $367,471
2023 $5,806 $443,220 $80,570 $362,650
2022 $5,673 $443,220 $80,570 $362,650
2021 $5,646 $443,220 $80,570 $362,650
2020 $5,513 $438,944 $80,570 $358,374
2019 $1,002 $80,570 $80,570 $0
Source: Public Records

Map

North Carolina Durham County Durham 27703

1509 Stone Rd, Durham, NC

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