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1317 Boxwood Trace Lane

1317 Boxwood Trace Lane, Hillsborough, NC 27278
Property in Orange
Sold Jul 20, 2021
$517,500
$170,000 by Pennymac Loan Services Llc
Mortgage Due Aug 01, 2036
Local assessors in Hillsborough, NC have categorized 1317 Boxwood Trace Lane as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 10,454 square feet. 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, 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 3 full bathrooms. There are also 4 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 1317 Boxwood Trace Lane has a total of 3,751 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. 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, 1317 Boxwood Trace Lane was last sold in Jul 20, 2021 for $517,500. According to our calculations, that's $137.96 per sqft. Current property owners are expected to pay $8,808 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 1317 Boxwood Trace Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $604,000. To break that down further, the land itself was valued at $102,000. While improvements to the property were assessed at a total of $502,000. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,751
  • Building Area: 3,751
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,751
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST RIDGE
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 221 PH 6 FOREST RIDGE P118/175-179

Ownership

  • Current Owner : GAO YASHENG
  • Current Owner 2: LIU YA
  • Previous Owner : FIELDING HOMES FOREST RIDGE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orange County Schools
  • Census Tract: 011002

Geography

  • Subdivision Phase Number: 6
  • Parcel: 9874-82-9529
  • Municipality: HILLSBOROUGH TWP
  • Latitude: 36.0651
  • Longitude: -79.0713

    Address

  • Full Address: 1317 Boxwood Trace Ln
  • Address - House Number: 1317
  • Address - Street Name: Boxwood Trace
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Hillsborough
  • Carrier Code: R005
  • 4-Digit Zip Code: 0050
  • Zip Code: 27278

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,808
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: ORAG,HILL

    Appraisal Valuation

  • Standard Deviation: 0.1627
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 79
  • Final Value: 795,642
  • High Value: 925,152
  • Low Value: 666,131

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,000
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jul 20, 2021
  • First Open Lien Mortgage Loan Amount: $170,000
  • 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: Aug 01, 2036

    Market Valuation

  • Market Total Value: $604,000
  • Market Land Value: $102,000
  • Market Improvement Value: $502,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $604,000
  • Assessed Land Value: $102,000
  • Assessed Improvements Value: $502,000

    Sales

  • Current Sale Contract Date: Jul 20, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Transaction ID: 11845854986
  • Current Sale Price: $517,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 30052841

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Jul 20, 2021
  • First Mortgage Loan Amount: $170,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2036

About Hillsborough



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1317 Boxwood Trace Lane located in?
The 1317 Boxwood Trace Lane is a located in the neighborhood of Orange in Hillsborough, Hillsborough.
What is the average sales price for listings in 1317 Boxwood Trace Lane?
The average sales price for units in 1317 Boxwood Trace Lane is $0 currently.

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