NOT LISTED FOR SALE

306 Palafox Dr Chapel Hill, NC 27516

Estimated Value: $763,000 - $789,000

4 Beds
3 Baths
3,202 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 306 Palafox Dr, Chapel Hill, NC 27516 and is currently estimated at $774,635, approximately $241 per square foot. 306 Palafox Dr is a home located in Orange County with nearby schools including Northside Elementary School, Smith Middle School, and Chapel Hill High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2019
Sold by
Opendoor Property D Llc
Bought by
Geer Rachel Elkins and Geer Edwin Conley
Current Estimated Value
$774,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Outstanding Balance
$366,091
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$408,544

Purchase Details

Closed on
Jun 8, 2019
Sold by
Peng Wan and Lu Xiaoyuan
Bought by
Opendoor Property D Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000,000
Interest Rate
4%
Mortgage Type
Amount Keyed Is An Aggregate Amount

Purchase Details

Closed on
Jun 27, 2007
Sold by
Shah Himanshu and Shah Neha
Bought by
Cartus Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2007
Sold by
Cartus Financial Corp
Bought by
Wan Peng and Lu Xiaoyuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
6.37%
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
Geer Rachel Elkins $440,000 None Available
Opendoor Property D Llc $445,000 Os National Llc
Cartus Financial Corp $505,000 None Available
Wan Peng $505,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geer Rachel Elkins $418,000
Previous Owner Opendoor Property D Llc $400,000,000
Previous Owner Cartus Financial Corp $404,000
Previous Owner Wan Peng $404,000
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 $10,176 $767,900 $300,000 $467,900
2024 $8,260 $482,900 $130,000 $352,900
2023 $8,034 $482,900 $130,000 $352,900
2022 $7,700 $482,900 $130,000 $352,900
2021 $7,601 $482,900 $130,000 $352,900
2020 $7,631 $455,400 $150,000 $305,400
2018 $7,138 $435,200 $150,000 $285,200
2017 $7,635 $435,200 $150,000 $285,200
2016 $7,635 $460,938 $85,178 $375,760
2015 $7,635 $460,938 $85,178 $375,760
2014 $7,589 $460,938 $85,178 $375,760
Source: Public Records

Map

North Carolina Orange County Chapel Hill 27516

306 Palafox Dr, Chapel Hill, NC

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