202 Colfax Dr Chapel Hill, NC 27516
Estimated Value: $1,147,000 - $1,227,000
5
Beds
5
Baths
4,400
Sq Ft
$269/Sq Ft
Est. Value
About This Home
This home is located at 202 Colfax Dr, Chapel Hill, NC 27516 and is currently estimated at $1,183,650, approximately $269 per square foot. 202 Colfax Dr is a home located in Orange County with nearby schools including C and L Mcdougle Elementary School, McDougle Middle School, and Chapel Hill High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 2, 2016
Sold by
Lutes Christopher and Morgan Lutes Teresa
Bought by
Mecham Jeffrey B and Mecham Beverly Sue
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
$417,000
Outstanding Balance
$329,150
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$854,500
Purchase Details
Closed on
Mar 15, 2006
Sold by
Lutes Christopher
Bought by
Lutes Christopher and Morgan Lutes Teresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
7.74%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jul 10, 2003
Sold by
Isenhour Enterprises Inc
Bought by
Lutes Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Feb 18, 2002
Sold by
Whitney Blair Inc
Bought by
Isenhour Enterprises Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
7.02%
Purchase Details
Closed on
Dec 21, 2001
Sold by
The Wexford Group Inc
Bought by
Whitney Blair Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
7.02%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Mecham Jeffrey B | $617,000 | None Available | |
Lutes Christopher | -- | None Available | |
Lutes Christopher | $675,000 | -- | |
Isenhour Enterprises Inc | $120,000 | -- | |
Whitney Blair Inc | $900,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Mecham Jeffrey B | $417,000 | |
Previous Owner | Lutes Christopher | $596,000 | |
Previous Owner | Lutes Christopher | $105,650 | |
Previous Owner | Lutes Christopher | $540,000 | |
Previous Owner | Isenhour Enterprises Inc | $1,900,000 |
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 | $14,307 | $1,033,600 | $300,000 | $733,600 |
2024 | $12,180 | $711,100 | $145,000 | $566,100 |
2023 | $11,968 | $711,100 | $145,000 | $566,100 |
2022 | $11,832 | $711,100 | $145,000 | $566,100 |
2021 | $11,743 | $711,100 | $145,000 | $566,100 |
2020 | $11,553 | $672,900 | $145,000 | $527,900 |
2018 | $11,287 | $672,900 | $145,000 | $527,900 |
2017 | $11,963 | $672,900 | $145,000 | $527,900 |
2016 | $11,963 | $707,500 | $155,900 | $551,600 |
2015 | $13,101 | $775,400 | $158,100 | $617,300 |
2014 | $13,061 | $775,400 | $158,100 | $617,300 |
Source: Public Records
Map
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