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1035 Sycamore Street

1035 Sycamore Street, Durham, NC 27707
Property in Forest Hills
Sold Dec 15, 2020
$797,000
$510,400 by Corporate Investors Mortgage G
Mortgage Due Jan 01, 2051
Sold Mar 28, 2003
$420,000
$285,000 by State Employees Cu
Mortgage
Local assessors in Durham, NC have categorized 1035 Sycamore Street as a residential type of property. The home was built in 1941 and is 83 years old. The property's lot size has been calculated to be 17,860 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 1,300 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1035 Sycamore Street has a total of 3,057 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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1035 Sycamore Street sold most recently in Dec 11, 2020 for a total of $797,000. If you work out the math, that's approximately a cost of $260.71 per sqft. Before that, the property was also sold for $420,000 in Mar 28, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,514 in taxes each year. 1035 Sycamore Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $573,586. If we break it down further, the land itself was valued at $95,107. Improvements to the property, however, were assessed at a total of $478,479. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Construction Type: Wood
  • Building Style: Colonial
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 576
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 3,057
  • Building Area: 3,057
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,057
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEW HOPE RLTY CO
  • Land Acres: 0.41
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NEW HOPE RLTY CO/SEC:01/B LK:B/LT#51 53 55 57 59 PL00005B-000188

Ownership

  • Current Owner : LEMM JOHN T
  • Current Owner 2: LEMM PATRICIA W
  • Previous Owner : SEIDEL ROBERT R
  • Previous Owner 2: SEIDEL ANN M
  • Owner Before Previous Owner: PRUITT SCOTT K
  • Owner Before Previous Owner 2: PRUITT SARA FRANCES HEARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 000700

Zoning

  • Zoning: RS-10

Geography

  • Assessors Map Reference: BK 5B PG 188
  • Section: 1
  • Parcel: 115555
  • Block: B
  • Lot: 5153
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9781
  • Longitude: -78.9189

    Address

  • Full Address: 1035 Sycamore St
  • Address - House Number: 1035
  • Address - Street Name: Sycamore
  • Address - Suffix Type: St
  • State: NC
  • City Name: Durham
  • Carrier Code: C007
  • 4-Digit Zip Code: 2135
  • Zip Code: 27707

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,514

    Appraisal Valuation

  • Standard Deviation: 0.1741
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 77
  • Final Value: 879,134
  • High Value: 1,032,239
  • Low Value: 726,029

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $717,300
  • First Open Lien Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Open Lien Mortgage Recording Date: Dec 15, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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: Jan 01, 2051
  • Second Open Lien Mortgage Lender: TOWER FCU
  • Second Open Lien Mortgage Recording Date: Dec 15, 2020
  • Second Open Lien Mortgage Loan Amount: $206,900
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 25, 2051

    Market Valuation

  • Market Total Value: $573,586
  • Market Land Value: $95,107
  • Market Improvement Value: $478,479

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $573,586
  • Assessed Land Value: $95,107
  • Assessed Improvements Value: $478,479

    Sales

  • Current Sale Contract Date: Dec 11, 2020
  • Current Sale Recording Date: Dec 15, 2020
  • Current Sale Transaction ID: 11807980285
  • Current Sale Price: $797,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020055424
  • Previous Sale Recording Date: Mar 28, 2003
  • Previous Sale Contract Date: Mar 28, 2003
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Mortgage Transaction Date: Dec 15, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: STATE EMPLOYEES CU
  • Previous Mortgage Transaction Date: Mar 28, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $285,000
  • Previous Mortgage Term: 360

About Forest Hills



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Frequently Asked Questions

What neighborhood is 1035 Sycamore Street located in?
The 1035 Sycamore Street is a located in the neighborhood of Forest Hills in Forest Hills, Durham.
What is the average sales price for listings in 1035 Sycamore Street?
The average sales price for units in 1035 Sycamore Street is $0 currently.

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