618 Phar Lap Ln, Bahama, NC 27503 Property Records

Durham County property record for 618 Phar Lap Ln, Bahama, NC 27503

Property Summary

Property Type	Single Family Home
Details	4 bd · 3.5 ba · 3,326 sqft · built 1988
Lot Size	2.34 acres (101,930 sqft)
Owner	2 Individual Names on File
Last Sale	$590,000 (Apr 2023)
Tax Bill	$4,820 (2026)
Deeds & Mortgages	Nov 2025 Line of Credit Apr 2023 Sale & Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`0838-22-5728`

Property Details

APN / Parcel Number

Primary APN	`0838-22-5728`
Alternative APNs	`0838-22-57-2845` `083803225820` `191257`

Interior

Bedrooms	4 Beds
Full Baths	3.5 Baths
Half Baths	1 Half Bath
Total Rooms	7 Rooms
Stories	2 Stories
Building Area	3,326 sqft Heated Area
1st Floor Area	1,551 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1988
Effective Year Built	Effective 1988
Architectural Style	Conventional
Exterior Material	Wood Siding
Roof Material	Asbestos
Lot Area	101,930 sqft (2.34 acres)
Garage Type	Attached
Garage Area	576 sqft
Parking Spaces	2 Parking Spaces
Porch	Porch
Porch Area	448 sqft
Patio Area	228 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC
Sewer	Septic

Location & Zoning

Street Address	618 PHAR LAP LN
City	BAHAMA
State	NC
Zip	27503-9662
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	RR
Legal Description	POLO MEADOWS/LT#15 PL:000116-000003
Legal Subdivision	POLO MDWS
Legal Lot Number	15
Jurisdiction	DURHAM NC
Township / Civil Division	MANGUM
Census Block Group	2
Census Block	2007
Census Tract	2100

Owner

618 Phar Lap Ln is owned and occupied by two individuals who bought it in April 2023.

Source: Durham County records, as of October 20, 2026

Owner of Record	2 Individual Names on File
Mailing Address	618 PHAR LAP LN, BAHAMA, NC 27503-9662
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Nov 5, 2025	Deed of Trust, Mortgage · Line of Credit STATE EMPLOYEES CREDIT UNION
Apr 6, 2023	Warranty Deed, Transfer · Conventional Mortgage STATE EMPLOYEES CU
Apr 27, 2018	Deed of Trust, Mortgage · Conventional Mortgage WELLS FARGO BANK NA
Oct 6, 2020	Deed of Trust, Mortgage · Conventional Mortgage MLD MORTGAGE

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Apr 6, 2023 · Amount on File
Deed Sale	Apr 6, 2023 · Amount on File
Prior Sale	Feb 17, 2014 · Amount on File
Deed Document Number	202357464
Deed Book / Page	9892 / 852
Record Updated	Oct 29, 2026

November 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	DURHAM NC
Property Address	618 PHAR LAP LN, BAHAMA, NC 27503-9662
Transaction Type	Mortgage
Record Updated	Nov 18, 2025

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0104180864
Date	Nov 5, 2025
Book Page	10418/864
Instrument	2025153234

Lender

Name	STATE EMPLOYEES CREDIT UNION
Type	Credit Union
Address	RALEIGH, NC 27611

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

April 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	DURHAM NC
Recording Date	Apr 6, 2023
Property Address	618 PHAR LAP LN, BAHAMA, NC 27503-9662
Document Number	0098920852
Book / Page	9892 / 852
Map Reference	MB 116 PG 3
Instrument Date	Apr 4, 2023
Instrument	2023057464
Transaction Type	Transfer
Record Updated	Apr 14, 2023

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,180.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	47 MONTAGUE AVE, ROXBORO, NC 27573-2488

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	618 PHAR LAP LN, BAHAMA, NC 27503-9662

Mortgage

Document Number	0098920855
Date	Apr 6, 2023
Book Page	9892/855
Instrument	2023057465

Lender

Name	STATE EMPLOYEES CU
Type	Credit Union
Address	RALEIGH, NC 27611

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	May 1, 2053

Interest

Rate Type	Adjustable Rate
Rate	5.2%
Type Change Date	May 1, 2028
Change Frequency	5 Years
Min Rate At Change	3.25%
Max Rate At Change	7.2%
Index	5-Year TN
Margin	2
Max Rate	11.2%

April 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	DURHAM NC
Property Address	618 PHAR LAP LN, BAHAMA, NC 27503-9662
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0084100604
Date	Apr 27, 2018
Book Page	8410/604
Instrument	2018013810

Lender

Name	WELLS FARGO BANK NA
Type	Bank
Address	SIOUX FALLS, SD 57104

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	May 1, 2048

October 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	DURHAM NC
Property Address	618 PHAR LAP LN, BAHAMA, NC 27503-9662
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0090900834
Date	Oct 6, 2020
Book Page	9090/834
Instrument	2020042657

Lender

Name	MLD MORTGAGE
Type	Mortgage Company
Address	FLORHAM PARK, NJ 07932

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	181 Months
Due	Nov 1, 2035

Tax Assessment & Valuation

The 2026 property tax bill for 618 Phar Lap Ln was $4,820, up 3.7% from the year before.

Source: Durham County assessment roll, as of September 17, 2026

Property Jurisdictions

Type	Name
State	North Carolina
County	Durham County
Unified School District	Durham Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$4,820.00 (+3.66%)	$665,680 (-) Land $121,448 Building $544,232	$665,680 (-) Land $121,448 Building $544,232
2025	$4,650.00	$665,680 Land $121,448 Building $544,232	$665,680 Land $121,448 Building $544,232
2023	$3,399.00 (+22.49%)	$338,118 Land $45,246 Building $292,872	$338,118 Land $45,246 Building $292,872
2022	$2,775.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 618 Phar Lap Ln in Zone X, an area of minimal flood risk, though there have been 2 flood claims nearby since 2018.

Source: FEMA National Flood Hazard Layer, effective June 21, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 8 (10% premium discount)
Nearby Flood Policies	1 in force
Nearby Flood Claims	2 (2018–2024)
Claims Outside the SFHA	2 of 2
Most Recent Claim	Jan 2024 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 618 Phar Lap Ln is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 76% of North Carolina
Wildfire Likelihood	0.01% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 84 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Frontier Fiber	7,000 / 7,000
Spectrum Cable	1,000 / 1,000
T-Mobile Fixed Wireless	100 / 20

May also be available: Verizon.

Cell Coverage

5G (outdoors only) and 4G LTE

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