408 Ray Rd Chapel Hill, NC 27516
Estimated Value: $385,665 - $484,000
3
Beds
2
Baths
1,321
Sq Ft
$344/Sq Ft
Est. Value
About This Home
This home is located at 408 Ray Rd, Chapel Hill, NC 27516 and is currently estimated at $454,666, approximately $344 per square foot. 408 Ray Rd is a home located in Orange County with nearby schools including Northside Elementary School, Culbreth Middle School, and Carrboro High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 5, 2015
Sold by
Magers Stephen R and Margolin Wanda H
Bought by
Faber Stephen M and Faber James E
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
$184,000
Outstanding Balance
$140,158
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$314,508
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Faber Stephen M | $230,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Faber Stephen M | $184,000 |
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 | $2,998 | $329,500 | $152,900 | $176,600 |
| 2024 | $2,854 | $235,800 | $93,200 | $142,600 |
| 2023 | $2,793 | $235,800 | $93,200 | $142,600 |
| 2022 | $2,748 | $235,800 | $93,200 | $142,600 |
| 2021 | $2,718 | $235,800 | $93,200 | $142,600 |
| 2020 | $2,726 | $221,500 | $90,600 | $130,900 |
| 2018 | $2,677 | $221,500 | $90,600 | $130,900 |
| 2017 | $2,162 | $221,500 | $90,600 | $130,900 |
| 2016 | $2,162 | $173,226 | $75,156 | $98,070 |
| 2015 | $2,162 | $173,226 | $75,156 | $98,070 |
| 2014 | $2,142 | $173,226 | $75,156 | $98,070 |
Source: Public Records
Map
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