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224 Silas Street

224 Silas Street, Durham, NC 27705
Property in Durham
Sold Sep 15, 2020
$337,500
$269,000 by United Wholesale Mortgage
Mortgage Due Oct 01, 2050
Sold Jan 28, 2020
$1,056,000
224 Silas Street 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 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 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, 224 Silas Street has 2,028 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 2,178 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. 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, 224 Silas Street sold most recently in Sep 14, 2020 for a total of $337,500. If you work out the math, that's approximately a cost of $166.42 per sqft. Before that, the property was also sold for $1,056,000 in Jan 28, 2020. 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 $3,634 in taxes each year. 224 Silas Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $277,436. If we break it down further, the land itself was valued at $58,000. Improvements to the property, however, were assessed at a total of $219,436. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 2,028
  • Building Area: 2,028
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,028
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GALWAY GLEN TWHMS
  • Land Acres: 0.05
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: GALWAY GLEN TWHMS/LT#044 PL000201-000361

Ownership

  • Current Owner : QI LU
  • Current Owner 2: XIA QING
  • Previous Owner : EASTWOOD HOMES OF RALEIGH LLC
  • Owner Before Previous Owner: CMD LONGVIEW LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 001706

Zoning

  • Zoning: RS-M(D)

Geography

  • Assessors Map Reference: BK 201 PG 361
  • Parcel: 222962
  • Lot: 44
  • Municipality: CITY OF DURHAM
  • Latitude: 36.0214
  • Longitude: -78.9615

    Address

  • Full Address: 224 Silas St
  • Address - House Number: 224
  • Address - Street Name: Silas
  • Address - Suffix Type: St
  • State: NC
  • City Name: Durham
  • Carrier Code: C034
  • 4-Digit Zip Code: 3194
  • Zip Code: 27705

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,634

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 78
  • Final Value: 463,103
  • High Value: 541,595
  • Low Value: 384,610

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $269,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 15, 2020
  • First Open Lien Mortgage Loan Amount: $269,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $277,436
  • Market Land Value: $58,000
  • Market Improvement Value: $219,436

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,436
  • Assessed Land Value: $58,000
  • Assessed Improvements Value: $219,436

    Sales

  • Current Sale Contract Date: Sep 14, 2020
  • Current Sale Recording Date: Sep 15, 2020
  • Current Sale Transaction ID: 11787213391
  • Current Sale Price: $337,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2020038854
  • Previous Sale Recording Date: Jan 28, 2020
  • Previous Sale Contract Date: Jan 28, 2020
  • Previous Sale Amount: $1,056,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Sep 15, 2020
  • First Mortgage Loan Amount: $269,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

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Frequently Asked Questions

What neighborhood is 224 Silas Street located in?
The 224 Silas Street is a located in the neighborhood of Durham in Durham, Durham.
What is the average sales price for listings in 224 Silas Street?
The average sales price for units in 224 Silas Street is $0 currently.

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