NOT LISTED FOR SALE

506 Gibbon Dr Chapel Hill, NC 27516

Estimated Value: $659,352 - $793,000

3 Beds
3 Baths
1,950 Sq Ft
$356/Sq Ft Est. Value

About This Home

This home is located at 506 Gibbon Dr, Chapel Hill, NC 27516 and is currently estimated at $694,088, approximately $355 per square foot. 506 Gibbon Dr is a home located in Orange County with nearby schools including C and L Mcdougle Elementary School, McDougle Middle School, and Chapel Hill High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2001
Sold by
Brown David Lawrence and Brown Rita Kernan
Bought by
Patterson Evan M and Patterson Michelle D
Current Estimated Value
$694,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Outstanding Balance
$78,864
Interest Rate
7.08%
Estimated Equity
$615,224
Source: Public Records

Range of Values:

Collateral Analytics

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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
Patterson Evan M $254,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Evan M $203,200
Closed Patterson Evan M $38,000
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 $5,246 $588,600 $275,000 $313,600
2024 $5,004 $422,500 $175,000 $247,500
2023 $4,892 $422,500 $175,000 $247,500
2022 $4,811 $422,500 $175,000 $247,500
2021 $4,758 $422,500 $175,000 $247,500
2020 $4,030 $333,300 $105,000 $228,300
2018 $3,962 $333,300 $105,000 $228,300
2017 $4,013 $333,300 $105,000 $228,300
2016 $4,013 $329,200 $77,100 $252,100
2015 $4,013 $329,200 $77,100 $252,100
2014 $3,993 $329,200 $77,100 $252,100
Source: Public Records

Map

North Carolina Orange County Chapel Hill 27516

506 Gibbon Dr, Chapel Hill, NC

This home is located at 506 Gibbon Dr, Chapel Hill, NC 27516 and is currently estimated at $694,088, approximately $355 per square foot. 506 Gibbon Dr is a home located in Orange County with nearby schools including C and L Mcdougle Elementary School, McDougle Middle School, and Chapel Hill High School.

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