3903 W Cornwallis Rd Durham, NC 27705
West Durham NeighborhoodEstimated Value: $1,270,000 - $2,045,365
4
Beds
5
Baths
4,719
Sq Ft
$326/Sq Ft
Est. Value
About This Home
This home is located at 3903 W Cornwallis Rd, Durham, NC 27705 and is currently estimated at $1,537,122, approximately $325 per square foot. 3903 W Cornwallis Rd is a home located in Durham County with nearby schools including Morehead Montessori, Claremont Colony Elementary School, and Forest View Elementary.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 7, 2014
Sold by
Kuhn Mark A and Knut Schmidt-Nielsen Family Tr
Bought by
Frasher Steve and Frasher Melinda K
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
$253,000
Outstanding Balance
$192,783
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,344,339
Purchase Details
Closed on
Feb 17, 2012
Sold by
Knut Schmidt Nielsen Revocable Trust
Bought by
Knut Schmidt Nielsen Family Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Frasher Steve | $255,000 | None Available | |
| Knut Schmidt Nielsen Family Trust | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Frasher Steve | $253,000 |
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 | $10,826 | $1,734,666 | $518,760 | $1,215,906 |
| 2024 | $7,265 | $790,578 | $172,440 | $618,138 |
| 2023 | $6,866 | $748,830 | $172,494 | $576,336 |
| 2022 | $6,258 | $748,830 | $172,494 | $576,336 |
| 2021 | $5,997 | $748,830 | $172,494 | $576,336 |
| 2020 | $5,922 | $748,830 | $172,494 | $576,336 |
| 2019 | $5,922 | $748,830 | $172,494 | $576,336 |
| 2018 | $5,484 | $640,861 | $184,324 | $456,537 |
| 2017 | $5,420 | $640,861 | $184,324 | $456,537 |
| 2016 | $1,521 | $185,923 | $184,324 | $1,599 |
| 2015 | $1,137 | $114,283 | $63,476 | $50,807 |
| 2014 | $1,137 | $114,283 | $63,476 | $50,807 |
Source: Public Records
Map
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