NOT LISTED FOR SALE

3862 Somerset Dr Durham, NC 27707

Hope Valley Neighborhood

Estimated Value: $883,000 - $1,518,000

4 Beds
4 Baths
3,574 Sq Ft
$339/Sq Ft Est. Value

About This Home

This home is located at 3862 Somerset Dr, Durham, NC 27707 and is currently estimated at $1,211,850, approximately $339 per square foot. 3862 Somerset Dr is a home located in Durham County with nearby schools including Morehead Montessori, Sherwood Githens Middle, and Jordan High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2022
Sold by
Miller Eula H
Bought by
Mills Patrick John and Mills Katherine Waverly
Current Estimated Value
$1,211,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,200
Outstanding Balance
$622,830
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$662,490
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mills Patrick John $975,000 Lockamy P Ryan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Patrick John $647,200
Previous Owner Miller George W $110,000
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
2024 $8,343 $598,433 $185,300 $413,133
2023 $7,839 $598,433 $185,300 $413,133
2022 $7,659 $598,433 $185,300 $413,133
2021 $7,623 $598,433 $185,300 $413,133
2020 $7,444 $598,433 $185,300 $413,133
2019 $7,444 $598,433 $185,300 $413,133
2018 $8,453 $623,152 $115,812 $507,340
2017 $8,391 $623,152 $115,812 $507,340
2016 $8,108 $623,152 $115,812 $507,340
2015 $6,461 $466,747 $116,196 $350,551
2014 $6,461 $466,747 $116,196 $350,551
Source: Public Records

Map

North Carolina Durham County Durham 27707 Hope Valley

3862 Somerset Dr, Durham, NC

This home is located at 3862 Somerset Dr, Durham, NC 27707 and is currently estimated at $1,211,850, approximately $339 per square foot. 3862 Somerset Dr is a home located in Durham County with nearby schools including Morehead Montessori, Sherwood Githens Middle, and Jordan High School.

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