NOT LISTED FOR SALE

Estimated Value: $789,089 - $988,000

4 Beds
3 Baths
3,029 Sq Ft
$294/Sq Ft Est. Value

About This Home

This home is located at 8408 Inverness Way, Chapel Hill, NC 27516 and is currently estimated at $889,772, approximately $293 per square foot. 8408 Inverness Way is a home located in Orange County with nearby schools including Seawell Elementary School, Smith Middle School, and Chapel Hill High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2011
Sold by
Park Jongbae and Lee Changsuk
Bought by
Park Jongbae and Park Jimin Changsuk Lee
Current Estimated Value
$889,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 25, 2007
Sold by
Millar James G and Millar Anna J
Bought by
Park Jongbae and Lee Changsuk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,600
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2001
Sold by
Deliargyris Efthymios N and Ekberg Karen A
Bought by
Millar James G and Millar Anna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
6.5%

Purchase Details

Closed on
May 1, 2001
Sold by
Ekberg Karen A and Deliargyris Efthymios N
Bought by
Deliargyris Efthymios N and Ekberg Karen A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Park Jongbae -- Accurate Title Group Llc
Park Jongbae $517,000 None Available
Millar James G $440,000 --
Deliargyris Efthymios N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Jongbae $320,000
Closed Park Jongbae $305,000
Closed Park Jongbae $100,000
Closed Jay Jongbae $79,600
Closed Park Jongbae $376,000
Closed Park Jongbae $413,600
Previous Owner Millar $347,200
Previous Owner Millar James G $352,000
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 $8,551 $499,200 $110,000 $389,200
2023 $8,473 $503,200 $110,000 $393,200
2022 $8,377 $503,200 $110,000 $393,200
2021 $8,314 $503,200 $110,000 $393,200
2020 $8,125 $472,900 $110,000 $362,900
2018 $7,994 $472,900 $110,000 $362,900
2017 $8,327 $472,900 $110,000 $362,900
2016 $8,327 $490,521 $109,781 $380,740
2015 $8,327 $490,521 $109,781 $380,740
2014 $8,287 $490,521 $109,781 $380,740
Source: Public Records

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