NOT LISTED FOR SALE

72 E Alex Dr Unit 23 Clayton, NC 27520

42 West Neighborhood

Estimated Value: $417,000 - $477,000

3 Beds
3 Baths
2,202 Sq Ft
$199/Sq Ft Est. Value

About This Home

This home is located at 72 E Alex Dr Unit 23, Clayton, NC 27520 and is currently estimated at $438,703, approximately $199 per square foot. 72 E Alex Dr Unit 23 is a home located in Johnston County with nearby schools including Cleveland Elementary School, Clayton Middle School, and Cleveland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2018
Sold by
2018 2 Ih Borrower Lp
Bought by
2018 2 Ih Borrower Lp
Current Estimated Value
$449,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,722,500
Outstanding Balance
$92,097,454
Interest Rate
4.45%
Mortgage Type
Commercial
Estimated Equity
-$91,658,751

Purchase Details

Closed on
Apr 10, 2015
Sold by
2015 2 Ih2 Borrower Lp
Bought by
Ih2 Property North Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,686,000
Outstanding Balance
$500,757,037
Interest Rate
3.95%
Mortgage Type
Commercial
Estimated Equity
-$500,318,334

Purchase Details

Closed on
Aug 20, 2013
Sold by
Garmer Jennifer Lynne
Bought by
Ih2 Property North Carolina Lp

Purchase Details

Closed on
Aug 29, 2005
Sold by
Ashley Turner Building Co Inc
Bought by
Garmer Jennifer Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2002
Sold by
Ashley Turner Building Co Inc
Bought by
Son-Lan Shipwash, Llc
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
2018 2 Ih Borrower Lp -- None Available
Ih2 Property North Carolina -- --
Ih2 Property North Carolina Lp $175,000 None Available
Garmer Jennifer Lynne $208,000 Investors Totle Insurance Co
Son-Lan Shipwash, Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2018 2 Ih Borrower Lp $105,722,500
Open 2015 2 Ih2 Borrower L P $636,686,000
Closed Ih2 Property North Carolina $636,686,000
Previous Owner Garmer Jennifer Lynne $234,600
Previous Owner Garmer Jennifer Lynne $188,000
Previous Owner Garmer Jennifer Lynne $137,000
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 $2,022 $249,690 $42,310 $207,380
2023 $2,097 $249,690 $42,310 $207,380
2022 $2,116 $249,690 $42,310 $207,380
2021 $2,116 $249,690 $42,310 $207,380
2020 $2,191 $249,690 $42,310 $207,380
2019 $2,191 $249,690 $42,310 $207,380
2018 $2,099 $233,850 $46,540 $187,310
2017 $2,099 $233,850 $46,540 $187,310
2016 $2,052 $233,850 $46,540 $187,310
2015 $2,052 $233,850 $46,540 $187,310
2014 $2,052 $233,850 $46,540 $187,310
Source: Public Records

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