NOT LISTED FOR SALE

404 Formosa Ave Durham, NC 27707

Spaulding Community Neighborhood

Estimated Value: $367,000 - $473,540

1 Bed
3 Baths
2,567 Sq Ft
$155/Sq Ft Est. Value

About This Home

This home is located at 404 Formosa Ave, Durham, NC 27707 and is currently estimated at $396,885, approximately $154 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2022
Sold by
Bought by
Current Estimated Value
$396,885

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
$333,389
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$63,496

Purchase Details

Closed on
Dec 22, 2020
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Jul 24, 2013
Sold by
Bought by
Source: Public Records

Range of Values:

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$275,000 Carolina Title Service
$275,000 Carolina Title Service
-- None Available
-- None Available
$32,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $350,000
Closed $350,000
Previous Owner $171,800
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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