NOT LISTED FOR SALE

Estimated Value: $368,000 - $406,000

4 Beds
3 Baths
2,430 Sq Ft
$159/Sq Ft Est. Value

About This Home

This home is located at 2040 Spring Creek Dr, Durham, NC 27704 and is currently estimated at $386,205, approximately $158 per square foot. 2040 Spring Creek Dr is a home located in Durham County with nearby schools including Merrick-Moore 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
Sep 9, 2020
Sold by
Melton Jameia W and Melton Carmella D
Bought by
Pham Michael T
Current Estimated Value
$386,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Outstanding Balance
$168,612
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$217,593

Purchase Details

Closed on
May 29, 2007
Sold by
Homelife Communities Of Raleigh Inc
Bought by
Melton Jameia W and Melton Carmella D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,388
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
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
Pham Michael T $260,000 None Available
Melton Jameia W $185,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pham Michael T $190,000
Previous Owner Melton Jameia W $185,388
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 $2,882 $428,578 $80,625 $347,953
2024 $2,882 $206,594 $25,780 $180,814
2023 $2,706 $206,594 $25,780 $180,814
2022 $2,644 $206,594 $25,780 $180,814
2021 $2,632 $206,594 $25,780 $180,814
2020 $2,570 $206,594 $25,780 $180,814
2019 $2,570 $206,594 $25,780 $180,814
2018 $2,406 $177,384 $29,002 $148,382
2017 $2,388 $177,384 $29,002 $148,382
2016 $2,308 $177,384 $29,002 $148,382
2015 $2,908 $210,076 $34,373 $175,703
2014 $2,908 $210,076 $34,373 $175,703
Source: Public Records

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