NOT LISTED FOR SALE

7705 Palmerfield Dr Mint Hill, NC 28227

Estimated Value: $489,000 - $547,000

4 Beds
3 Baths
2,101 Sq Ft
$248/Sq Ft Est. Value

About This Home

This home is located at 7705 Palmerfield Dr, Mint Hill, NC 28227 and is currently estimated at $520,537, approximately $247 per square foot. 7705 Palmerfield Dr is a home located in Mecklenburg County with nearby schools including Bain Elementary, Mint Hill Middle School, and Independence High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2004
Sold by
Petrie Dennis N and Petrie Barbara
Bought by
Dormon Ii Herbert and Dormon Ronda M
Current Estimated Value
$520,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,900
Outstanding Balance
$85,300
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$435,237

Purchase Details

Closed on
Aug 10, 1998
Sold by
Todt Michael J
Bought by
Petrie Dennis N and Petrie Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.61%

Purchase Details

Closed on
Sep 29, 1997
Sold by
Beazer Homes Corp
Bought by
Todt Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,850
Interest Rate
7.46%
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
Dormon Ii Herbert $215,000 --
Petrie Dennis N $195,000 --
Todt Michael J $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dormon Ii Herbert $171,900
Previous Owner Petrie Dennis N $145,000
Previous Owner Todt Michael J $155,850
Closed Dormon Ii Herbert $42,950
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 $2,904 $403,100 $125,000 $278,100
2024 $2,904 $403,100 $125,000 $278,100
2023 $2,859 $403,100 $125,000 $278,100
2022 $2,461 $277,700 $80,000 $197,700
2021 $2,461 $277,700 $80,000 $197,700
2020 $2,461 $277,700 $80,000 $197,700
2019 $2,455 $277,700 $80,000 $197,700
2018 $2,210 $199,600 $54,000 $145,600
2017 $2,191 $199,600 $54,000 $145,600
2016 $2,188 $199,600 $54,000 $145,600
2015 $2,184 $199,600 $54,000 $145,600
2014 $2,182 $208,600 $63,000 $145,600
Source: Public Records

Map

North Carolina Mecklenburg County Mint Hill 28227

7705 Palmerfield Dr, Mint Hill, NC

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