NOT LISTED FOR SALE

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
$595,145

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%
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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
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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