205 King Lear Ln Unit 7 Morrisville, NC 27560
Estimated Value: $608,983 - $664,000
            
                3
                Beds
            
            
            
                3
                Baths
            
            
            
                2,993
                Sq Ft
            
            
                
                    $213/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 205 King Lear Ln Unit 7, Morrisville, NC 27560 and is currently estimated at $637,246, approximately $212 per square foot. 205 King Lear Ln Unit 7 is a home located in Durham County with nearby schools including Parkwood Elementary, Lowe's Grove Middle, and Hillside High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Feb 7, 2023
            
        
                Sold by
            
            
                Clark Nathan and Clark Roxanne
            
        
                Bought by
            
            
                Zheng Zheng Xi Xi and Zhao You Mei
            
        
                            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
            
            
                $318,500
            
        
                Outstanding Balance
            
            
                $279,545
            
        
                Interest Rate
            
            
                5.14%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $357,701
            
        Purchase Details
                Closed on
            
            
                Mar 9, 2020
            
        
                Sold by
            
            
                Clark Nathan and Clark Roxanne
            
        
                Bought by
            
            
                Clark Nathan and Clark Roxanne
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $363,307
            
        
                Interest Rate
            
            
                3.3%
            
        
                Mortgage Type
            
            
                VA
            
        Purchase Details
                Closed on
            
            
                Mar 2, 2017
            
        
                Sold by
            
            
                True Homes Llc
            
        
                Bought by
            
            
                Clark Nathan
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $372,699
            
        
                Interest Rate
            
            
                4.17%
            
        
                Mortgage Type
            
            
                VA
            
        Purchase Details
                Closed on
            
            
                Jun 13, 2016
            
        
                Sold by
            
            
                Af Four Seasons Llc
            
        
                Bought by
            
            
                True Homes Llc
            
        Purchase Details
                Closed on
            
            
                Oct 15, 2013
            
        
                Sold by
            
            
                Old Page Road Llc
            
        
                Bought by
            
            
                Af Four Season Llc
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Zheng Zheng Xi Xi | $565,000 | -- | |
| Clark Nathan | -- | Nexuss Title | |
| Clark Nathan | $365,000 | -- | |
| True Homes Llc | $175,000 | -- | |
| Af Four Season Llc | $1,185,000 | None Available | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Zheng Zheng Xi Xi | $318,500 | |
| Previous Owner | Clark Nathan | $363,307 | |
| Previous Owner | Clark Nathan | $372,699 | 
                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 | $6,224 | $627,870 | $141,450 | $486,420 | 
| 2024 | $5,362 | $384,411 | $76,875 | $307,536 | 
| 2023 | $5,035 | $384,348 | $76,812 | $307,536 | 
| 2022 | $4,798 | $374,904 | $76,812 | $298,092 | 
| 2021 | $4,776 | $374,904 | $76,812 | $298,092 | 
| 2020 | $4,663 | $374,904 | $76,812 | $298,092 | 
| 2019 | $4,663 | $374,904 | $76,812 | $298,092 | 
| 2018 | $4,560 | $336,178 | $73,740 | $262,438 | 
| 2017 | $4,527 | $336,178 | $73,740 | $262,438 | 
| 2016 | $959 | $73,740 | $73,740 | $0 | 
| 2015 | $969 | $69,999 | $69,999 | $0 | 
| 2014 | $969 | $69,999 | $69,999 | $0 | 
                Source: Public Records
                    
            
        Map
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