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1020 Big Spring Circle

1020 Big Spring Circle, Durham, NC 27703
House in Durham
Sold Dec 16, 2019
$425,000
$328,000 by Pennymac Loan Services Llc
Mortgage Due Nov 01, 2041
Sold Aug 30, 2018
$382,000
$305,445 by Gmfs Llc
Mortgage Due Sep 01, 2048
Local assessors in Durham, NC have categorized 1020 Big Spring Circle as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 9,583 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1020 Big Spring Circle has a total of 2,868 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1020 Big Spring Circle was last sold in Dec 2, 2019 for $425,000. According to our calculations, that's $148.19 per sqft. Prior to that sales transaction, the property was sold for $382,000 in Aug 30, 2018. Current property owners are expected to pay $4,385 in taxes per year. The property on 1020 Big Spring Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $334,759. To break that down further, the land itself was valued at $76,375. While improvements to the property were assessed at a total of $258,384. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can 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: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Conventional
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 2,868
  • Building Area: 2,868
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,868
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRIGHTLF@PK/TR:13B/PH:4&5
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BRIGHTLEAF @ THE PARK/TR# 13B/PH:04-05/LT#707 PL000197-000079

Ownership

  • Current Owner : FLOYD JORDAN
  • Current Owner 2: FLOYD MARY
  • Previous Owner : MILLER ERIC
  • Previous Owner 2: MILLER EMILY
  • Owner Before Previous Owner: LEVEL CAROLINA HOMES LLC
  • 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 197 PG 79
  • Subdivision Tract Number: 13
  • Parcel: 221603
  • Lot: 707
  • Municipality: CITY OF DURHAM
  • Latitude: 35.956
  • Longitude: -78.8042

    Address

  • Full Address: 1020 Big Spring Cir
  • Address - House Number: 1020
  • Address - Street Name: Big Spring
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Durham
  • Carrier Code: R041
  • 4-Digit Zip Code: 7604
  • Zip Code: 27703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,385

    Appraisal Valuation

  • Standard Deviation: 0.1647
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 79
  • Final Value: 585,284
  • High Value: 681,734
  • Low Value: 488,835

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $328,000
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Oct 26, 2021
  • First Open Lien Mortgage Loan Amount: $328,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2041

    Market Valuation

  • Market Total Value: $334,759
  • Market Land Value: $76,375
  • Market Improvement Value: $258,384

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $334,759
  • Assessed Land Value: $76,375
  • Assessed Improvements Value: $258,384

    Sales

  • Current Sale Contract Date: Dec 02, 2019
  • Current Sale Recording Date: Dec 16, 2019
  • Current Sale Transaction ID: 11710551357
  • Current Sale Price: $425,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019046574
  • Previous Sale Recording Date: Aug 30, 2018
  • Previous Sale Contract Date: Aug 30, 2018
  • Previous Sale Amount: $382,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Dec 16, 2019
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 300
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: GMFS LLC
  • Previous Mortgage Transaction Date: Aug 30, 2018
  • Previous Mortgage Loan Amount: $305,445
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2048

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Frequently Asked Questions

What neighborhood is 1020 Big Spring Circle located in?
The 1020 Big Spring Circle is a house located in the neighborhood of Durham in Durham, Durham.
What is the average sales price for listings in 1020 Big Spring Circle?
The average sales price for units in 1020 Big Spring Circle is $0 currently.

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