NOT LISTED FOR SALE

Estimated Value: $653,000 - $945,000

3 Beds
3 Baths
2,022 Sq Ft
$421/Sq Ft Est. Value

About This Home

This home is located at 509 E Geer St, Durham, NC 27701 and is currently estimated at $851,541, approximately $421 per square foot. 509 E Geer St 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
Mar 25, 2021
Sold by
Hillside Partners Llc
Bought by
Schober Arne
Current Estimated Value
$873,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,000
Outstanding Balance
$365,905
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$483,125

Purchase Details

Closed on
Jul 16, 2018
Sold by
Rtp Homes Llc
Bought by
Hillside Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
May 18, 2018
Sold by
Thayer Investments Inc
Bought by
Rtp Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
May 14, 2018
Sold by
Rental Investments Llc
Bought by
Thayer Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 20, 2003
Sold by
Ge Mortgage Services Llc
Bought by
Rental Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,600
Interest Rate
5.86%

Purchase Details

Closed on
Aug 10, 2002
Sold by
Silva Tanya M
Bought by
Ge Capital Mtg Services Inc
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
Schober Arne $724,000 None Available
Hillside Partners Llc $175,000 None Available
Rtp Homes Llc $150,000 None Available
Thayer Investments Inc $80,000 First American Title
Rental Investments Llc $31,000 --
Ge Capital Mtg Services Inc $43,148 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schober Arne $474,000
Previous Owner Hillside Partners Llc $403,000
Previous Owner Thayer Investments Inc $149,000
Previous Owner Rental Investments Llc $33,600
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 $7,666 $906,788 $184,500 $722,288
2024 $7,666 $549,603 $123,400 $426,203
2023 $7,199 $549,603 $123,400 $426,203
2022 $7,034 $549,603 $123,400 $426,203
2021 $5,916 $464,363 $123,400 $340,963
2020 $3,656 $293,882 $123,400 $170,482
2019 $1,535 $123,400 $123,400 $0
2018 $1,007 $74,239 $40,105 $34,134
2017 $1,000 $74,239 $40,105 $34,134
2016 $966 $145,018 $40,105 $104,913
2015 $623 $44,971 $16,487 $28,484
2014 $623 $44,971 $16,487 $28,484
Source: Public Records

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