NOT LISTED FOR SALE

7125 New Light Trail Chapel Hill, NC 27516

Estimated Value: $873,000 - $1,350,000

4 Beds
4 Baths
3,090 Sq Ft
$341/Sq Ft Est. Value

About This Home

This home is located at 7125 New Light Trail, Chapel Hill, NC 27516 and is currently estimated at $1,053,035, approximately $340 per square foot. 7125 New Light Trail is a home located in Orange County with nearby schools including Grady Brown Elementary School, A.L. Stanback Middle School, and Cedar Ridge High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2019
Sold by
Newlin Lawrence W and Newlin Lee Phillips
Bought by
Farling Katherine Lindsay and Farling Stewart
Current Estimated Value
$1,053,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,645
Outstanding Balance
$674,855
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$378,180

Purchase Details

Closed on
Aug 27, 2010
Sold by
Hayes William Henry and Hayes Ellen Ozier
Bought by
Phillips Newlin Lawrence W and Phillips Newlin Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2006
Sold by
Hudepohl John P
Bought by
Hayes William Henry and Hayes Ellen Ozier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 15, 2004
Sold by
Khalsa Har Darshan Kaur and Khalsa Harbhajan Singh
Bought by
Hudepohl John P
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
Farling Katherine Lindsay $855,000 None Available
Phillips Newlin Lawrence W $500,000 None Available
Hayes William Henry $575,000 None Available
Hudepohl John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farling Katherine Lindsay $768,645
Previous Owner Phillips Newlin Lawrence W $400,000
Previous Owner Hayes William Henry $395,000
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
2025 $5,585 $803,053 $265,953 $537,100
2024 $5,677 $623,154 $190,654 $432,500
2023 $5,528 $623,154 $190,654 $432,500
2022 $5,423 $623,154 $190,654 $432,500
2021 $5,354 $623,154 $190,654 $432,500
2020 $4,422 $457,065 $83,465 $373,600
2018 $4,293 $431,630 $58,030 $373,600
2017 $4,270 $431,630 $58,030 $373,600
2016 $4,270 $385,199 $38,099 $347,100
2015 $4,270 $385,199 $38,099 $347,100
2014 $5,736 $571,800 $224,700 $347,100
Source: Public Records

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