505 Ottawa Ave Durham, NC 27701
Central Park NeighborhoodEstimated Value: $297,000 - $513,000
4
Beds
2
Baths
1,550
Sq Ft
$251/Sq Ft
Est. Value
About This Home
This home is located at 505 Ottawa Ave, Durham, NC 27701 and is currently estimated at $389,422, approximately $251 per square foot. 505 Ottawa Ave is a home located in Durham County with nearby schools including George Watts Elementary, W.G. Pearson Elementary School, and Brogden Middle.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 3, 2021
Sold by
Chicago Grace Window Llc
Bought by
Rhythm Rentals Llc
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
$358,600
Outstanding Balance
$324,668
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$64,754
Purchase Details
Closed on
Mar 30, 2015
Sold by
Rental Realty Llc
Bought by
Durham Duplexes I Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
3.84%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jun 30, 2009
Sold by
Bhotika Santosh C and Bhotika Indu S
Bought by
Rental Realty Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rhythm Rentals Llc | $625,000 | None Available | |
| Durham Duplexes I Llc | $800,000 | None Available | |
| Rental Realty Llc | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rhythm Rentals Llc | $358,600 | |
| Previous Owner | Durham Duplexes I Llc | $720,000 |
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 | $4,011 | $404,597 | $204,750 | $199,847 |
| 2024 | $3,136 | $224,852 | $81,550 | $143,302 |
| 2023 | $2,945 | $224,852 | $81,550 | $143,302 |
| 2022 | $2,878 | $224,852 | $81,550 | $143,302 |
| 2021 | $2,864 | $224,852 | $81,550 | $143,302 |
| 2020 | $2,797 | $224,852 | $81,550 | $143,302 |
| 2019 | $2,797 | $224,852 | $81,550 | $143,302 |
| 2018 | $1,539 | $113,442 | $52,740 | $60,702 |
| 2017 | $1,528 | $113,442 | $52,740 | $60,702 |
| 2016 | $1,656 | $127,280 | $52,740 | $74,540 |
| 2015 | $699 | $50,526 | $16,621 | $33,905 |
| 2014 | $700 | $50,538 | $16,621 | $33,917 |
Source: Public Records
Map
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