NOT LISTED FOR SALE

404 Formosa Ave Durham, NC 27707

Spaulding Community Neighborhood

Estimated Value: $307,000 - $473,159

1 Bed
3 Baths
2,567 Sq Ft
$147/Sq Ft Est. Value

About This Home

This home is located at 404 Formosa Ave, Durham, NC 27707 and is currently estimated at $377,540, approximately $147 per square foot. 404 Formosa Ave is a home located in Durham County with nearby schools including C. C. Spaulding Elementary, Morehead Montessori, and Sherwood Githens Middle.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2022
Sold by
Saylor Cecilia Douglas and Saylor Cecelia Douglas
Bought by
H & W Investments Firm Llc
Current Estimated Value
$377,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$335,927
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$41,613

Purchase Details

Closed on
Dec 22, 2020
Sold by
Swing Set Properties Llc
Bought by
Sailor Cecelia Doulgas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,800
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2014
Sold by
Davis Cecelia and Davis Cecilia
Bought by
Swing Set Properties Llc

Purchase Details

Closed on
Jul 24, 2013
Sold by
Kennedy Booker W
Bought by
Davis Cecilia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
H & W Investments Firm Llc $275,000 Carolina Title Service
H & W Investments Firm Llc $275,000 Carolina Title Service
Sailor Cecelia Doulgas -- None Available
Swing Set Properties Llc -- None Available
Davis Cecilia $32,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open H & W Investments Firm Llc $350,000
Closed H & W Investments Firm Llc $350,000
Previous Owner Sailor Cecelia Doulgas $171,800
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 $3,613 $364,478 $103,250 $261,228
2024 $2,891 $207,241 $29,450 $177,791
2023 $2,715 $207,241 $29,450 $177,791
2022 $2,652 $207,241 $29,450 $177,791
2021 $2,640 $207,241 $29,450 $177,791
2020 $2,578 $204,819 $29,450 $175,369
2019 $2,548 $204,819 $29,450 $175,369
2018 $1,473 $108,566 $14,700 $93,866
2017 $1,462 $108,566 $14,700 $93,866
2016 $1,413 $108,566 $14,700 $93,866
2015 $1,311 $94,727 $22,501 $72,226
2014 $1,311 $94,727 $22,501 $72,226
Source: Public Records

Map

North Carolina Durham County Durham 27707 Spaulding Community

404 Formosa Ave, Durham, NC

Not Listed for Sale

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