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1024 Valmet Drive

1024 Valmet Drive, Durham, NC 27703
Property in Durham
Sold Feb 12, 2020
$240,000
$220,000 by United Wholesale Mortgage Llc
Mortgage Due Feb 01, 2037
Sold Dec 20, 2019
$123,000
$150,000 by Lendingone Llc
Mortgage
1024 Valmet Drive 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 1972 and is 52 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 1024 Valmet Drive has 1,469 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 2,500 ft. The area measurement of the land has been determined as 87,120 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 carport for those who require parking. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The roof of the building is made of asphalt. The exterior walls of the building are made of brick veneer. 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. 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, 1024 Valmet Drive was last sold in Feb 12, 2020 for $240,000. According to our calculations, that's $163.38 per sqft. Prior to that sales transaction, the property was sold for $123,000 in Dec 20, 2019. Current property owners are expected to pay $2,013 in taxes per year. The property on 1024 Valmet Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $196,066. To break that down further, the land itself was valued at $59,980. While improvements to the property were assessed at a total of $136,086. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,469
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 87,120
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 2,500
  • Total Building Area: 1,469
  • Building Area: 1,469
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,469
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COPLEY FARM
  • Land Acres: 2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COPLEY FARM/TR:P SM PT PL000072-000045

Ownership

  • Current Owner : THURBER TIMOTHY
  • Current Owner 2: THURBER STEPHANIE
  • Previous Owner : DKL INVESTMENT SOLUTIONS LLC
  • Owner Before Previous Owner: WALTON RUSSELL V
  • Owner Before Previous Owner 2: WALTON RITA ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax School District: REDWOOD
  • Census Tract: 001806

Zoning

  • Zoning: RES_LOW_DE

Geography

  • Assessors Map Reference: BK 72 PG 45
  • Subdivision Tract Number: P
  • Parcel: 167648
  • Municipality: CNTY-DRHM FD-REDWOOD
  • Latitude: 36.0009
  • Longitude: -78.8149

    Address

  • Full Address: 1024 Valmet Dr
  • Address - House Number: 1024
  • Address - Street Name: Valmet
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Durham
  • Carrier Code: C016
  • 4-Digit Zip Code: 2739
  • Zip Code: 27703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,013

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 76
  • Final Value: 367,226
  • High Value: 433,555
  • Low Value: 300,896

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 31, 2022
  • First Open Lien Mortgage Loan Amount: $220,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2037

    Market Valuation

  • Market Total Value: $196,066
  • Market Land Value: $59,980
  • Market Improvement Value: $136,086

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,066
  • Assessed Land Value: $59,980
  • Assessed Improvements Value: $136,086

    Sales

  • Current Sale Contract Date: Feb 12, 2020
  • Current Sale Recording Date: Feb 12, 2020
  • Current Sale Transaction ID: 11724689333
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020005538
  • Previous Sale Recording Date: Dec 20, 2019
  • Previous Sale Contract Date: Dec 20, 2019
  • Previous Sale Amount: $123,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Feb 12, 2020
  • First Mortgage Loan Amount: $228,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: LENDINGONE LLC
  • Previous Mortgage Transaction Date: Dec 20, 2019
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 1024 Valmet Drive located in?
The 1024 Valmet Drive is a located in the neighborhood of Durham in Durham, Durham.
What is the average sales price for listings in 1024 Valmet Drive?
The average sales price for units in 1024 Valmet Drive is $0 currently.

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