NOT LISTED FOR SALE

505 Wellwater Ave Durham, NC 27703

Eastern Durham Neighborhood

Estimated Value: $454,000 - $534,000

4 Beds
3 Baths
2,243 Sq Ft
$217/Sq Ft Est. Value

About This Home

This home is located at 505 Wellwater Ave, Durham, NC 27703 and is currently estimated at $487,142, approximately $217 per square foot. 505 Wellwater Ave is a home with nearby schools including Spring Valley Elementary School, John W Neal Middle School, and Southern School of Energy & Sustainability.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2019
Sold by
Lennar Carolinas Llc
Bought by
Melamed Aaron Jamal
Current Estimated Value
$487,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,712
Outstanding Balance
$213,409
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$273,733
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

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.

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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
Melamed Aaron Jamal $305,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melamed Aaron Jamal $243,712
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 $5,005 $504,876 $101,500 $403,376
2024 $3,801 $272,472 $51,975 $220,497
2023 $3,569 $272,472 $51,975 $220,497
2022 $3,487 $272,472 $51,975 $220,497
2021 $3,471 $272,472 $51,975 $220,497
2020 $3,389 $272,472 $51,975 $220,497
2019 $28 $51,975 $51,975 $0
2018 $732 $53,973 $53,973 $0
2017 $67 $53,973 $53,973 $0
Source: Public Records

Map

North Carolina Durham County Durham 27703 Eastern Durham

505 Wellwater Ave, Durham, NC

This home is located at 505 Wellwater Ave, Durham, NC 27703 and is currently estimated at $487,142, approximately $217 per square foot. 505 Wellwater Ave is a home with nearby schools including Spring Valley Elementary School, John W Neal Middle School, and Southern School of Energy & Sustainability.

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.

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