NOT LISTED FOR SALE

507 Sutter Gate Ln Morrisville, NC 27560

Breckenridge Neighborhood

Estimated Value: $384,000 - $426,515

2 Beds
3 Baths
1,984 Sq Ft
$206/Sq Ft Est. Value

About This Home

This home is located at 507 Sutter Gate Ln, Morrisville, NC 27560 and is currently estimated at $409,379, approximately $206 per square foot. 507 Sutter Gate Ln is a home located in Wake County with nearby schools including Parkside Elementary School, Alston Ridge Middle School, and Panther Creek High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2022
Sold by
Sfr V Tranche 3 Borrower Llc
Bought by
Progress Residential Borrower 23 Llc
Current Estimated Value
$409,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,772,000
Outstanding Balance
$229,214,780
Interest Rate
5.96%
Estimated Equity
-$228,792,431

Purchase Details

Closed on
Oct 19, 2021
Sold by
Ahmed Sadr U
Bought by
Zillow Homes Property Trust

Purchase Details

Closed on
Oct 7, 2021
Sold by
Ahmed Burhan U
Bought by
Ahmed Sadr U

Purchase Details

Closed on
Jun 15, 2006
Sold by
Ahmed Burhan U and Ahmed Kathryn
Bought by
Ahmed Burhan U and Ahmed Sadr U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,250
Interest Rate
6.51%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 31, 2006
Sold by
Wade Lena D
Bought by
Ahmed Burhan U and Ahmed Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,250
Interest Rate
6.51%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 28, 2003
Sold by
Pulte Home Corp
Bought by
Wade Lena D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,408
Interest Rate
5.6%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Progress Residential Borrower 23 Llc -- --
Zillow Homes Property Trust $372,500 --
Ahmed Sadr U -- None Available
Ahmed Burhan U -- None Available
Ahmed Burhan U $163,000 None Available
Wade Lena D $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progress Residential Borrower 23 Llc $426,772,000
Previous Owner Ahmed Burhan U $112,600
Previous Owner Ahmed Burhan U $122,250
Previous Owner Wade Lena D $152,408
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
2024 $3,509 $401,164 $130,000 $271,164
2023 $2,431 $230,235 $68,000 $162,235
2022 $2,344 $230,235 $68,000 $162,235
2021 $2,243 $230,235 $68,000 $162,235
2020 $2,230 $230,235 $68,000 $162,235
2019 $2,018 $178,766 $42,000 $136,766
2018 $1,900 $178,766 $42,000 $136,766
2017 $1,829 $178,766 $42,000 $136,766
2016 $1,791 $178,766 $42,000 $136,766
2015 $1,811 $174,849 $32,000 $142,849
2014 $1,725 $174,849 $32,000 $142,849
Source: Public Records

Map

North Carolina Wake County Morrisville 27560 Breckenridge

507 Sutter Gate Ln, Morrisville, NC

This home is located at 507 Sutter Gate Ln, Morrisville, NC 27560 and is currently estimated at $409,379, approximately $206 per square foot. 507 Sutter Gate Ln is a home located in Wake County with nearby schools including Parkside Elementary School, Alston Ridge Middle School, and Panther Creek High School.

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