705 Phar Lap Ln Bahama, NC 27503
Estimated Value: $538,000 - $713,000
4
Beds
4
Baths
2,789
Sq Ft
$213/Sq Ft
Est. Value
About This Home
This home is located at 705 Phar Lap Ln, Bahama, NC 27503 and is currently estimated at $595,145, approximately $213 per square foot. 705 Phar Lap Ln is a home located in Durham County with nearby schools including Mangum Elementary School, Lucas Middle School, and Northern High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 16, 2009
Sold by
Johnson Robert W and Johnson Wanda K
Bought by
Musgrove Jeffrey E and Musgrove Jennifer S
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Outstanding Balance
$33,950
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$561,195
Purchase Details
Closed on
Mar 20, 2008
Sold by
Pearson Patrick S and Pearson Heather E
Bought by
Johnson Robert W and Johnson Wanda K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,200
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 16, 2007
Sold by
Prudential Relocation Inc
Bought by
Pearson Patrick S and Pearson Heather E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 10, 2007
Sold by
Wing Patricia E
Bought by
Prudential Relocation Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 6, 2002
Sold by
Quintus V Inc
Bought by
Wing Patricia E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.77%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Musgrove Jeffrey E | $301,000 | None Available | |
| Johnson Robert W | $298,000 | None Available | |
| Pearson Patrick S | $290,000 | None Available | |
| Prudential Relocation Inc | $290,000 | None Available | |
| Wing Patricia E | $265,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Musgrove Jeffrey E | $121,000 | |
| Previous Owner | Johnson Robert W | $268,200 | |
| Previous Owner | Pearson Patrick S | $275,500 | |
| Previous Owner | Wing Patricia E | $200,000 |
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 | $3,456 | $494,788 | $107,576 | $387,212 |
| 2024 | $2,809 | $285,248 | $43,015 | $242,233 |
| 2023 | $2,661 | $285,248 | $43,015 | $242,233 |
| 2022 | $2,555 | $285,248 | $43,015 | $242,233 |
| 2021 | $2,342 | $285,248 | $43,015 | $242,233 |
| 2020 | $2,313 | $285,248 | $43,015 | $242,233 |
| 2019 | $2,313 | $285,248 | $43,015 | $242,233 |
| 2018 | $2,176 | $248,246 | $33,320 | $214,926 |
| 2017 | $2,151 | $248,246 | $33,320 | $214,926 |
| 2016 | $2,083 | $248,246 | $33,320 | $214,926 |
| 2015 | $2,976 | $318,065 | $75,351 | $242,714 |
| 2014 | $2,976 | $318,065 | $75,351 | $242,714 |
Source: Public Records
Map
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