NOT LISTED FOR SALE

518 Melbourne St Durham, NC 27703

Eastern Durham Neighborhood

Estimated Value: $280,000 - $328,000

3 Beds
2 Baths
1,373 Sq Ft
$218/Sq Ft Est. Value

About This Home

This home is located at 518 Melbourne St, Durham, NC 27703 and is currently estimated at $298,949, approximately $217 per square foot. 518 Melbourne St is a home located in Durham County with nearby schools including Merrick-Moore 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
Aug 10, 2018
Sold by
Illescas Juan Carlos Nolasco and Ramirez Rosalinda Barrales
Bought by
Serrano Ocampo Luis Miguel and Medina Araceli Fernandez
Current Estimated Value
$298,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Outstanding Balance
$117,025
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$181,924

Purchase Details

Closed on
Jun 22, 2011
Sold by
English Leroy and English Lisa
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 1, 2003
Sold by
English Leroy
Bought by
English Leroy and English Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
8.34%
Mortgage Type
Purchase Money Mortgage
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
Serrano Ocampo Luis Miguel $175,000 None Available
Deutsche Bank National Trust Company $71,250 None Available
English Leroy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serrano Ocampo Luis Miguel $132,000
Previous Owner English Leroy $92,800
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 $3,010 $303,616 $81,250 $222,366
2024 $2,048 $146,827 $28,192 $118,635
2023 $1,923 $146,827 $28,192 $118,635
2022 $1,879 $146,827 $28,192 $118,635
2021 $1,870 $146,827 $28,192 $118,635
2020 $1,826 $146,827 $28,192 $118,635
2019 $1,826 $146,827 $28,192 $118,635
2018 $1,485 $109,463 $21,927 $87,536
2017 $1,474 $109,463 $21,927 $87,536
2016 $1,424 $109,463 $21,927 $87,536
2015 $1,700 $122,829 $21,913 $100,916
2014 $1,700 $122,829 $21,913 $100,916
Source: Public Records

Map

North Carolina Durham County Durham 27703 Eastern Durham

518 Melbourne St, Durham, NC

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