NOT LISTED FOR SALE

197 Lynn Dr Clayton, NC 27520

Estimated Value: $319,000 - $337,000

3 Beds
3 Baths
1,802 Sq Ft
$181/Sq Ft Est. Value

About This Home

Please note, our homes are available on a first-come, first-serve basis and are not reserved until the holding fee agreement is signed and the holding fee is paid by the primary applicant.

This home features Progress Smart Home - Progress Residential's smart home app, which allows you to control the home securely from any of your devices. Learn more at

This home is priced to rent and won't be around for long. Apply now, while the current residents are preparing to move out, or call to arrange a meeting with your local Progress Residential leasing specialist today.

You owe it to yourself to check out this three-bedroom Clayton rental home. The living room of this recently renovated house boasts vinyl plank flooring and a lighted ceiling fan. Step into the kitchen and discover amenities such as a pantry, stainless-steel appliances, an island, and granite countertops. On the second floor, the open loft delivers a flexible living space. Also upstairs, you will find the master suite with its ceiling fan, walk-in closet, and private bathroom with dual vanity sinks and a walk-in shower. Don't miss the sunny patio in the backyard. This move-in-ready home will go fast. Call today to book your tour. Utilities must be transferred into the resident’s name.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Progress Raleigh Llc
Bought by
Progess Resid Borrower 16 Llc
Current Estimated Value
$325,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,962,000
Outstanding Balance
$66,801,015
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
-$66,475,531

Purchase Details

Closed on
Aug 25, 2020
Sold by
Timmons Timothy M and Timmons Sandra R
Bought by
Progress Raleigh Llc

Purchase Details

Closed on
Sep 28, 2018
Sold by
Glenwood Homes Llc
Bought by
Timmons Sandra R and Timmons Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,311
Interest Rate
5.5%
Mortgage Type
FHA
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
Progess Resid Borrower 16 Llc -- Selene Title
Progress Raleigh Llc $230,000 Chicago Title
Timmons Sandra R $212,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progess Resid Borrower 16 Llc $468,962,000
Previous Owner Timmons Sandra R $208,311
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/25/2024 12/25/24 Off Market $1,945 -- --
12/15/2024 12/15/24 Price Changed $1,945 +1.8% $1 / Sq Ft
12/11/2024 12/11/24 Price Changed $1,910 -0.3% $1 / Sq Ft
12/07/2024 12/07/24 Price Changed $1,915 +0.5% $1 / Sq Ft
12/04/2024 12/04/24 Price Changed $1,905 -0.5% $1 / Sq Ft
12/03/2024 12/03/24 Price Changed $1,915 +0.5% $1 / Sq Ft
11/13/2024 11/13/24 Price Changed $1,905 -2.8% $1 / Sq Ft
11/12/2024 11/12/24 Price Changed $1,960 +0.3% $1 / Sq Ft
11/10/2024 11/10/24 Price Changed $1,955 -0.3% $1 / Sq Ft
11/08/2024 11/08/24 Price Changed $1,960 -0.3% $1 / Sq Ft
11/07/2024 11/07/24 Price Changed $1,965 +0.5% $1 / Sq Ft
11/04/2024 11/04/24 Price Changed $1,955 +0.5% $1 / Sq Ft
11/02/2024 11/02/24 Price Changed $1,945 +0.8% $1 / Sq Ft
11/01/2024 11/01/24 Price Changed $1,930 -27.7% $1 / Sq Ft
10/30/2024 10/30/24 For Rent $2,670 -- --

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 $3,298 $326,490 $80,000 $246,490
2024 $2,597 $196,750 $45,500 $151,250
2023 $2,538 $196,750 $45,500 $151,250
2022 $2,617 $196,750 $45,500 $151,250
2021 $2,577 $196,750 $45,500 $151,250
2020 $2,631 $196,350 $45,500 $150,850
2019 $2,631 $196,350 $45,500 $150,850
Source: Public Records

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