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1031 Big Spring Circle

1031 Big Spring Circle, Durham, NC 27703
House in Durham
Sold Sep 04, 2020
$365,000
$328,500 by Cornerstone Home Lending Inc
Mortgage Due Oct 01, 2050
Sold Sep 12, 2018
$337,000
$300,000 by Gmfs Llc
Mortgage Due Oct 01, 2048
1031 Big Spring Circle 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 2018 and is 6 years old. The home has a total of 3 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, 1031 Big Spring Circle has 1,864 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 9,148 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 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. 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, 1031 Big Spring Circle was last sold in Jul 2, 2020 for $365,000. According to our calculations, that's $195.82 per sqft. Prior to that sales transaction, the property was sold for $337,000 in Sep 12, 2018. Current property owners are expected to pay $3,718 in taxes per year. The property on 1031 Big Spring Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $283,809. To break that down further, the land itself was valued at $75,562. While improvements to the property were assessed at a total of $208,247. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Garage Parking
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: Ranch/Rambler
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,864
  • Building Area: 1,864
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,864
  • 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: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BRIGHTLEAF @ THE PARK/TR# 13B/PH:04-05/LT#688 PL000197-000079

Ownership

  • Current Owner : IRELAND BRITTANY LEIGH
  • Previous Owner : PARKS TARA
  • 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: 221584
  • Lot: 688
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9564
  • Longitude: -78.8031

    Address

  • Full Address: 1031 Big Spring Cir
  • Address - House Number: 1031
  • 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: $3,718

    Appraisal Valuation

  • Standard Deviation: 0.1651
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 79
  • Final Value: 478,095
  • High Value: 557,029
  • Low Value: 399,161

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $328,500
  • First Open Lien Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Open Lien Mortgage Recording Date: Sep 04, 2020
  • First Open Lien Mortgage Loan Amount: $328,500
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $283,809
  • Market Land Value: $75,562
  • Market Improvement Value: $208,247

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $283,809
  • Assessed Land Value: $75,562
  • Assessed Improvements Value: $208,247

    Sales

  • Current Sale Contract Date: Jul 02, 2020
  • Current Sale Recording Date: Sep 04, 2020
  • Current Sale Transaction ID: 11785386169
  • Current Sale Price: $365,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020037007
  • Previous Sale Recording Date: Sep 12, 2018
  • Previous Sale Contract Date: Sep 12, 2018
  • Previous Sale Amount: $337,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE HOME LENDING INC
  • First Mortgage Transaction Date: Sep 04, 2020
  • First Mortgage Loan Amount: $328,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: GMFS LLC
  • Previous Mortgage Transaction Date: Sep 12, 2018
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2048

About Durham



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Frequently Asked Questions

What neighborhood is 1031 Big Spring Circle located in?
The 1031 Big Spring Circle is a house located in the neighborhood of Durham in Durham, Durham.
What is the average sales price for listings in 1031 Big Spring Circle?
The average sales price for units in 1031 Big Spring Circle is $365,000 , or $191/sqft. currently.

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