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1212 Ballerina Lane

1212 Ballerina Lane, Durham, NC 27703
Property in Durham
Sold Apr 29, 2021
$427,000
$226,990 by Lennar Mortgage Llc
Mortgage Due May 01, 2051
Sold Apr 29, 2021
$115,500
1212 Ballerina 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 2020 and is 4 years old. The home has a total of 2 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, 1212 Ballerina Lane has 2,062 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 6,098 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1212 Ballerina Lane sold most recently in Apr 28, 2021 for a total of $427,000. If you work out the math, that's approximately a cost of $207.08 per sqft. Before that, the property was also sold for $115,500 in Apr 8, 2021. 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 $4,277 in taxes each year. 1212 Ballerina Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $371,517. If we break it down further, the land itself was valued at $71,312. Improvements to the property, however, were assessed at a total of $300,205. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 2,062
  • Building Area: 2,062
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,062
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FENDOL FARMS LTS 105-504
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FENDOL FARMS LTS 105-504/ LT#126 PL000203-000230

Ownership

  • Current Owner : CASTILLO FRANK GUEVARA
  • Current Owner 2: CASTILLO IRMA ROSA
  • Previous Owner : LENNAR CAROLINAS LLC
  • Owner Before Previous Owner: RREF II FH NC SIERRA LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 001900

Zoning

  • Zoning: PDR 2.903

Geography

  • Assessors Map Reference: BK 203 PG 230
  • Parcel: 224253
  • Lot: 105,504
  • Municipality: CITY OF DURHAM
  • Latitude: 35.944
  • Longitude: -78.791

    Address

  • Full Address: 1212 Ballerina Ln
  • Address - House Number: 1212
  • Address - Street Name: Ballerina
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Durham
  • Carrier Code: R052
  • 4-Digit Zip Code: 4685
  • Zip Code: 27703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,277

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 78
  • Final Value: 572,686
  • High Value: 669,752
  • Low Value: 475,619

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $226,990
  • First Open Lien Mortgage Lender: LENNAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 29, 2021
  • First Open Lien Mortgage Loan Amount: $226,990
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $371,517
  • Market Land Value: $71,312
  • Market Improvement Value: $300,205

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $371,517
  • Assessed Land Value: $71,312
  • Assessed Improvements Value: $300,205

    Sales

  • Current Sale Contract Date: Apr 28, 2021
  • Current Sale Recording Date: Apr 29, 2021
  • Current Sale Transaction ID: 11835332473
  • Current Sale Price: $427,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021021645
  • Previous Sale Recording Date: Apr 29, 2021
  • Previous Sale Contract Date: Apr 08, 2021
  • Previous Sale Amount: $115,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LENNAR MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 29, 2021
  • First Mortgage Loan Amount: $226,990
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

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Frequently Asked Questions

What neighborhood is 1212 Ballerina Lane located in?
The 1212 Ballerina Lane is a located in the neighborhood of Durham in Durham, Durham.
What is the average sales price for listings in 1212 Ballerina Lane?
The average sales price for units in 1212 Ballerina Lane is $0 currently.

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