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245 Barracks Road

245 Barracks Road, Hillsborough, NC 27278
House in Orange
Sold Dec 03, 2020
$436,000
$348,800 by Prosperity Home Mortgage Llc
Mortgage Due Jan 01, 2051
Sold Aug 19, 2019
$75,000
$300,365 by First Bank
Mortgage
Local assessors in Hillsborough, NC have categorized 245 Barracks Road 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 12,632 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, 3 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 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 245 Barracks Road has a total of 2,096 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. 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, 245 Barracks Road sold most recently in Dec 3, 2020 for a total of $436,000. If you work out the math, that's approximately a cost of $208.02 per sqft. Before that, the property was also sold for $75,000 in Aug 7, 2019. 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 $5,855 in taxes each year. The initial year of tax delinquency occurred in 2022. 245 Barracks Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $396,400. If we break it down further, the land itself was valued at $65,000. Improvements to the property, however, were assessed at a total of $331,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Condition

New Construction

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: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,096
  • Building Area: 2,096
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,096
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SURVEY FOR DWIGHT M RILEY
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 2 DWIGHT M RILEY P120/40

Ownership

  • Current Owner : MURRAY JENNIFER
  • Current Owner 2: SHREVE CHRISTOPHER
  • Previous Owner : SADLER CONSTRUCTION INC
  • Owner Before Previous Owner: RILEY DWIGHT M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Parcel: 9864-34-4298
  • Latitude: 36.0706
  • Longitude: -79.1232

    Address

  • Full Address: 245 Barracks Rd
  • Address - House Number: 245
  • Address - Street Name: Barracks
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Hillsborough
  • Carrier Code: R010
  • 4-Digit Zip Code: 9654
  • Zip Code: 27278

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,855
  • 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: 625,969
  • High Value: 727,861
  • Low Value: 524,077

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $348,800
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 03, 2020
  • First Open Lien Mortgage Loan Amount: $348,800
  • 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

    Market Valuation

  • Market Total Value: $396,400
  • Market Land Value: $65,000
  • Market Improvement Value: $331,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $396,400
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $331,400

    Sales

  • Current Sale Contract Date: Dec 03, 2020
  • Current Sale Recording Date: Dec 03, 2020
  • Current Sale Transaction ID: 11807424299
  • Current Sale Price: $436,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 30035535
  • Previous Sale Recording Date: Aug 19, 2019
  • Previous Sale Contract Date: Aug 07, 2019
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 03, 2020
  • First Mortgage Loan Amount: $348,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST BANK
  • Previous Mortgage Transaction Date: Aug 19, 2019
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $300,365
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Hillsborough



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Frequently Asked Questions

What neighborhood is 245 Barracks Road located in?
The 245 Barracks Road is a house located in the neighborhood of Orange in Hillsborough, Hillsborough.
What is the average sales price for listings in 245 Barracks Road?
The average sales price for units in 245 Barracks Road is $495,000 , or $237/sqft. currently.

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