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1012 Laredo Lane

1012 Laredo Lane, Durham, NC 27703
Property in Durham
Sold Aug 26, 2021
$520,000
$416,000 by First Citizens Bank & Trust Co
Mortgage Due Sep 01, 2051
Sold Jul 13, 2021
$493,500
1012 Laredo Lane has been categorized by the local assessors in Durham, NC as a residential type of property. The building on the property was first built in 2016 and is 8 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1012 Laredo Lane has 2,812 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,405 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Aug 26, 2021 for $520,000. That's $184.92 per sqft. Prior to that sales transaction, the property was also sold in Jul 9, 2021 for $493,500. 1012 Laredo Lane was last assessed in 2023. The total value of the property was assessed at $336,662. Specifically, the land the property is located on was valued at $73,000. While improvements on the property were assessed at a total of $263,662. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,410. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Style: Cape Cod
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,812
  • Building Area: 2,812
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,812
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRIGHTLF@PK/TR13B/PH1B&2
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BRIGHTLEAF @ THE PARK/TR# 13B/PH:01B-02/LT#746 PL000193-000375

Ownership

  • Current Owner : RANDOLPH DAVID
  • Previous Owner : OPENDOOR PROPERTY TRUST I
  • Owner Before Previous Owner: CARSON THOMAS A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 001808

Zoning

  • Zoning: PDR 3.990

Geography

  • Assessors Map Reference: BK 193 PG 375
  • Subdivision Tract Number: 13
  • Parcel: 217181
  • Lot: 746
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9538
  • Longitude: -78.8082

    Address

  • Full Address: 1012 Laredo Ln
  • Address - House Number: 1012
  • Address - Street Name: Laredo
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Durham
  • Carrier Code: R041
  • 4-Digit Zip Code: 8355
  • Zip Code: 27703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,410

    Appraisal Valuation

  • Standard Deviation: 0.1647
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 79
  • Final Value: 563,849
  • High Value: 656,767
  • Low Value: 470,932

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $416,000
  • First Open Lien Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Aug 26, 2021
  • First Open Lien Mortgage Loan Amount: $416,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $336,662
  • Market Land Value: $73,000
  • Market Improvement Value: $263,662

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $336,662
  • Assessed Land Value: $73,000
  • Assessed Improvements Value: $263,662

    Sales

  • Current Sale Contract Date: Aug 26, 2021
  • Current Sale Recording Date: Aug 26, 2021
  • Current Sale Transaction ID: 11851063263
  • Current Sale Price: $520,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021043492
  • Previous Sale Recording Date: Jul 13, 2021
  • Previous Sale Contract Date: Jul 09, 2021
  • Previous Sale Amount: $493,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Mortgage Transaction Date: Aug 26, 2021
  • First Mortgage Loan Amount: $416,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

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Frequently Asked Questions

What neighborhood is 1012 Laredo Lane located in?
The 1012 Laredo Lane is a located in the neighborhood of Durham in Durham, Durham.
What is the average sales price for listings in 1012 Laredo Lane?
The average sales price for units in 1012 Laredo Lane is $0 currently.

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