3920 Somerset Dr Durham, NC 27707
Hope Valley NeighborhoodEstimated Value: $1,074,000 - $1,316,000
4
Beds
4
Baths
3,074
Sq Ft
$378/Sq Ft
Est. Value
About This Home
This home is located at 3920 Somerset Dr, Durham, NC 27707 and is currently estimated at $1,163,096, approximately $378 per square foot. 3920 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
Oct 11, 2016
Sold by
Vansant Susan B
Bought by
Knight Joy Taylor and Knight Lee James
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
$416,000
Outstanding Balance
$333,924
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$829,172
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Knight Joy Taylor | $348,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Knight Joy Taylor | $416,000 |
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 | $9,370 | $945,218 | $370,000 | $575,218 |
| 2024 | $7,586 | $543,821 | $147,700 | $396,121 |
| 2023 | $7,124 | $543,821 | $147,700 | $396,121 |
| 2022 | $6,960 | $543,821 | $147,700 | $396,121 |
| 2021 | $6,928 | $543,821 | $147,700 | $396,121 |
| 2020 | $6,765 | $543,821 | $147,700 | $396,121 |
| 2019 | $6,765 | $543,821 | $147,700 | $396,121 |
| 2018 | $5,981 | $440,940 | $92,312 | $348,628 |
| 2017 | $5,802 | $430,925 | $92,312 | $338,613 |
| 2016 | $5,607 | $430,925 | $92,312 | $338,613 |
| 2015 | $6,151 | $444,363 | $76,197 | $368,166 |
| 2014 | $6,151 | $444,363 | $76,197 | $368,166 |
Source: Public Records
Map
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