NOT LISTED FOR SALE

1525 Preston Spring Ln Chapel Hill, NC 27516

Estimated Value: $1,050,000 - $1,383,000

4 Beds
4 Baths
3,764 Sq Ft
$326/Sq Ft Est. Value

About This Home

This home is located at 1525 Preston Spring Ln, Chapel Hill, NC 27516 and is currently estimated at $1,225,643, approximately $325 per square foot. 1525 Preston Spring Ln is a home located in Orange County with nearby schools including Northside Elementary School, McDougle Middle School, and Chapel Hill High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2020
Sold by
Outing Houston E and Outing Kim B
Bought by
Outing Living Trust and Outing
Current Estimated Value
$1,225,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,525
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2004
Sold by
Outing Kim B and Outing Houston E
Bought by
Outing Houston E and Outing Kim B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Interest Rate
5.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2001
Sold by
Miller Jesse
Bought by
Outing Houston E and Outing Kim B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,500
Interest Rate
6.87%
Mortgage Type
Seller Take Back
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
Outing Living Trust -- None Listed On Document
Outing Houston E -- None Available
Outing Houston E -- --
Outing Houston E $187,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Outing Houston E $403,525
Previous Owner Outing Houston E $545,000
Previous Owner Outing Houston E $179,500
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 $10,140 $1,152,400 $497,300 $655,100
2024 $9,364 $801,000 $280,700 $520,300
2023 $9,147 $801,000 $280,700 $520,300
2022 $8,994 $801,000 $280,700 $520,300
2021 $8,894 $801,000 $280,700 $520,300
2020 $8,850 $746,500 $261,700 $484,800
2018 $8,709 $746,500 $261,700 $484,800
2017 $8,943 $746,500 $261,700 $484,800
2016 $8,943 $744,800 $219,600 $525,200
2015 $8,886 $740,000 $219,600 $520,400
2014 $8,085 $674,176 $219,580 $454,596
Source: Public Records

Map

North Carolina Orange County Chapel Hill 27516

1525 Preston Spring Ln, Chapel Hill, NC

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