NOT LISTED FOR SALE

706 Oak Tree Dr Unit 706 Chapel Hill, NC 27517

The Oaks Neighborhood

Estimated Value: $274,853 - $325,000

2 Beds
3 Baths
1,150 Sq Ft
$255/Sq Ft Est. Value

About This Home

This home is located at 706 Oak Tree Dr Unit 706, Chapel Hill, NC 27517 and is currently estimated at $292,963, approximately $254 per square foot. 706 Oak Tree Dr Unit 706 is a home located in Orange County with nearby schools including Rashkis Elementary School, Culbreth Middle School, and East Chapel Hill High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2021
Sold by
Olney Roman and Hou Xue
Bought by
The Tasty Jeaozi Llc
Current Estimated Value
$292,963

Purchase Details

Closed on
Apr 6, 2021
Sold by
Sutherland Joel Thomas and Sutherland Katherine Emily
Bought by
Mcroman Olney and Hou Xue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2009
Sold by
Palermo James M and Palermo Barbara C
Bought by
Sutherland Joel Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2006
Sold by
Martin David A and Martin Elaine Q
Bought by
Palermo James M and Palermo Barbara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2003
Sold by
Benton Thomas C and Benton Shirley D
Bought by
Martin David A and Martin Elaine Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.75%
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

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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
The Tasty Jeaozi Llc -- None Available
Mcroman Olney $180,000 None Available
Sutherland Joel Thomas $160,000 None Available
Palermo James M $148,000 None Available
Martin David A $120,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcroman Olney $135,000
Previous Owner Sutherland $117,500
Previous Owner Sutherland Joel Thomas $120,000
Previous Owner Palermo James M $103,600
Previous Owner Palermo James M $44,400
Previous Owner Martin David A $108,000
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 $2,730 $153,000 $0 $153,000
2023 $2,672 $153,000 $0 $153,000
2022 $2,556 $153,000 $0 $153,000
2021 $2,524 $153,000 $0 $153,000
2020 $2,314 $130,700 $0 $130,700
2018 $2,255 $130,700 $0 $130,700
2017 $2,601 $130,700 $0 $130,700
2016 $2,601 $151,910 $42,098 $109,812
2015 $2,601 $151,910 $42,098 $109,812
2014 $2,542 $151,910 $42,098 $109,812
Source: Public Records

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