NOT LISTED FOR SALE

505 Ottawa Ave Durham, NC 27701

Central Park Neighborhood

Estimated Value: $301,000 - $771,000

4 Beds
2 Baths
1,550 Sq Ft
$298/Sq Ft Est. Value

About This Home

This home is located at 505 Ottawa Ave, Durham, NC 27701 and is currently estimated at $461,830, approximately $297 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 Hillcrest Colony Elementary School.

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
$461,830

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
$137,162

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
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.

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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

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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
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 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
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

North Carolina Durham County Durham 27701 Central Park

505 Ottawa Ave, Durham, NC

Not Listed for Sale

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