NOT LISTED FOR SALE

Estimated Value: $704,835 - $916,000

3 Beds
3 Baths
2,406 Sq Ft
$329/Sq Ft Est. Value

About This Home

This home is located at 406 Cedar Ridge Way, Durham, NC 27705 and is currently estimated at $791,459, approximately $328 per square foot. 406 Cedar Ridge Way is a home located in Durham County with nearby schools including Hillandale Elementary School, George L Carrington Middle, and Riverside High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2019
Sold by
Busch Thomas F and Busch Marjorie C
Bought by
Thomas F Busch And Marjorie C Busch Tr
Current Estimated Value
$729,956

Purchase Details

Closed on
Nov 14, 2016
Sold by
Berkowitz Steven S
Bought by
Busch Thomas and Busch Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$244,785
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$461,502

Purchase Details

Closed on
Feb 18, 2015
Sold by
Paul Emily M
Bought by
Berkowitz Steven S and Berkowitz Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 17, 2010
Sold by
Paul Mary W
Bought by
Rutanen Whaley Marion Glenn and Addassi Carol W

Purchase Details

Closed on
Mar 19, 2007
Sold by
Paul Dale J and Paul Mary W
Bought by
Paul Dale J and Paul Mary W

Purchase Details

Closed on
Sep 19, 2006
Sold by
Croasdaile Farm Three Llc
Bought by
Paul Dale J and Paul Mary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Thomas F Busch And Marjorie C Busch Tr -- None Available
Busch Thomas $470,000 --
Berkowitz Steven S $480,000 None Available
Rutanen Whaley Marion Glenn -- None Available
Paul Dale J -- None Available
Paul Dale J $487,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busch Thomas $300,000
Previous Owner Berkowitz Steven S $280,000
Previous Owner Paul Dale J $318,000
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 $6,990 $501,124 $100,000 $401,124
2023 $6,564 $501,124 $100,000 $401,124
2022 $6,414 $501,124 $100,000 $401,124
2021 $6,384 $501,124 $100,000 $401,124
2020 $6,233 $501,124 $100,000 $401,124
2019 $6,233 $501,124 $100,000 $401,124
2018 $6,533 $481,616 $100,000 $381,616
2017 $6,485 $481,616 $100,000 $381,616
2016 $6,266 $481,616 $100,000 $381,616
2015 $6,903 $498,685 $97,600 $401,085
2014 $6,903 $498,685 $97,600 $401,085
Source: Public Records

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