NOT LISTED FOR SALE

408 Formosa Ave Durham, NC 27707

Spaulding Community Neighborhood

Estimated Value: $319,000 - $377,000

5 Beds
3 Baths
2,257 Sq Ft
$157/Sq Ft Est. Value

About This Home

This home is located at 408 Formosa Ave, Durham, NC 27707 and is currently estimated at $354,000, approximately $156 per square foot. 408 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
Apr 7, 2025
Sold by
Bought by
Current Estimated Value
$354,000

Purchase Details

Closed on
Sep 20, 2010
Sold by
Bought by

Purchase Details

Closed on
Feb 23, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 21, 2004
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
$144,000
Interest Rate
0.0537%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2002
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
$91,548
Interest Rate
0.0631%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

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
-- None Listed On Document
$55,500 None Available
$114,750 None Available
$160,000 --
$90,000 --
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
Previous Owner $21,400
Previous Owner $146,000
Previous Owner $144,000
Previous Owner $91,548
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 $3,029 $305,560 $108,500 $197,060
2024 $2,427 $173,966 $31,025 $142,941
2023 $2,227 $173,966 $31,025 $142,941
2022 $2,227 $173,966 $31,025 $142,941
2021 $2,216 $173,966 $31,025 $142,941
2020 $2,164 $173,966 $31,025 $142,941
2019 $3,457 $277,895 $31,025 $246,870
2018 $1,526 $112,522 $15,487 $97,035
2017 $1,515 $135,806 $15,487 $120,319
2016 $1,593 $122,440 $15,487 $106,953
2015 $1,283 $92,685 $25,037 $67,648
2014 $1,283 $92,685 $25,037 $67,648
Source: Public Records

Map

North Carolina Durham County Durham 27707 Spaulding Community

408 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.