NOT LISTED FOR SALE

216 Chesapeake Way Chapel Hill, NC 27516

Estimated Value: $566,000 - $716,000

3 Beds
2 Baths
2,067 Sq Ft
$295/Sq Ft Est. Value

About This Home

This home is located at 216 Chesapeake Way, Chapel Hill, NC 27516 and is currently estimated at $609,520, approximately $294 per square foot. 216 Chesapeake Way is a home located in Orange County with nearby schools including Seawell Elementary School, Smith Middle School, and Chapel Hill High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2009
Sold by
Maldari Mario A and Maldari Shannon
Bought by
Tate Cheryl
Current Estimated Value
$609,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$149,083
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$460,437

Purchase Details

Closed on
Jun 17, 2005
Sold by
Estes Ray P and Estes Joanne P
Bought by
Maldari Mario A and Maldari Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,600
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac
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
Tate Cheryl $330,000 None Available
Maldari Mario A $288,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tate Cheryl $250,000
Previous Owner Maldari Mario A $273,600
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 $7,649 $568,100 $250,000 $318,100
2024 $5,636 $322,700 $100,000 $222,700
2023 $5,529 $322,700 $100,000 $222,700
2022 $5,239 $322,700 $100,000 $222,700
2021 $5,173 $322,700 $100,000 $222,700
2020 $5,236 $307,000 $100,000 $207,000
2018 $5,112 $307,000 $100,000 $207,000
2017 $5,207 $307,000 $100,000 $207,000
2016 $5,207 $310,198 $95,832 $214,366
2015 $5,207 $310,198 $95,832 $214,366
2014 $5,161 $310,198 $95,832 $214,366
Source: Public Records

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