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202 Michelangelo Place

202 Michelangelo Place, Morrisville, NC 27560
Property in Durham
Sold Feb 06, 2023
$515,000
$412,000 by Securitynational Mortgage Comp
Mortgage Due Mar 01, 2053
Sold Nov 12, 2019
$874,000
$366,991 by Movement Mortgage
Mortgage Due Dec 01, 2049
Local assessors in Morrisville, NC have categorized 202 Michelangelo Place as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 5,663 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. 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 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 202 Michelangelo Place has a total of 3,130 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. 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, 202 Michelangelo Place sold most recently in Feb 6, 2023 for a total of $515,000. If you work out the math, that's approximately a cost of $164.54 per sqft. Before that, the property was also sold for $874,000 in Nov 12, 2019. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,918 in taxes each year. 202 Michelangelo Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $375,417. If we break it down further, the land itself was valued at $98,525. Improvements to the property, however, were assessed at a total of $276,892. 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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 3,130
  • Building Area: 3,130
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,130
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STERLING/PH 2
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STERLING/PH:02/LT#398 MODEL-RILEY PL000197-000152

Ownership

  • Current Owner : KUCHIBHATLA RAMANA
  • Current Owner 2: RAJPUT ANURADHA
  • Previous Owner : OPENDOOR PROPERTY TRUST
  • Owner Before Previous Owner: TRUE HOMES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 002037

Zoning

  • Zoning: RS-M(D)

Geography

  • Assessors Map Reference: BK 197 PG 152
  • Parcel: 219877
  • Lot: 398
  • Municipality: CITY OF DURHAM
  • Latitude: 35.8952
  • Longitude: -78.8335

    Address

  • Full Address: 202 Michelangelo Pl
  • Address - House Number: 202
  • Address - Street Name: Michelangelo
  • Address - Suffix Type: Pl
  • State: NC
  • City Name: Morrisville
  • Carrier Code: R017
  • 4-Digit Zip Code: 5256
  • Zip Code: 27560

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,918

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 80
  • Final Value: 597,125
  • High Value: 691,433
  • Low Value: 502,817

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $412,000
  • First Open Lien Mortgage Lender: SECURITYNATIONAL MORTGAGE COMP
  • First Open Lien Mortgage Recording Date: Feb 06, 2023
  • First Open Lien Mortgage Loan Amount: $412,000
  • 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: Mar 01, 2053

    Market Valuation

  • Market Total Value: $375,417
  • Market Land Value: $98,525
  • Market Improvement Value: $276,892

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $375,417
  • Assessed Land Value: $98,525
  • Assessed Improvements Value: $276,892

    Sales

  • Current Sale Contract Date: Feb 06, 2023
  • Current Sale Recording Date: Feb 06, 2023
  • Current Sale Transaction ID: 11901811074
  • Current Sale Price: $515,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 51230
  • Previous Sale Recording Date: Nov 12, 2019
  • Previous Sale Contract Date: Nov 12, 2019
  • Previous Sale Amount: $874,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURITYNATIONAL MORTGAGE COMP
  • First Mortgage Transaction Date: Feb 06, 2023
  • First Mortgage Loan Amount: $412,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Nov 12, 2019
  • Previous Mortgage Loan Amount: $366,991
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2049

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Frequently Asked Questions

What neighborhood is 202 Michelangelo Place located in?
The 202 Michelangelo Place is a located in the neighborhood of Durham in Durham, Morrisville.
What is the average sales price for listings in 202 Michelangelo Place?
The average sales price for units in 202 Michelangelo Place is $0 currently.

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