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248 Park Drive

248 Park Drive, Pittsboro, NC 27312
Property in Chatham
Sold Nov 08, 2017
$320,000
$256,000 by Prime Mortgage Lending Inc
Mortgage Due Dec 01, 2047
Sold Nov 15, 2013
$262,000
$248,900 by North State Bank
Mortgage Due Dec 01, 2043
248 Park Drive has been categorized by the local assessors in Pittsboro, NC as a residential type of property. The building on the property was first built in 2007 and is 17 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 248 Park Drive has 2,810 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 15,072 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom 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 garage measured 624 sqft. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B- by the local assessor. The exterior walls of the building are made of wood. 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. 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, 248 Park Drive was last sold in Nov 7, 2017 for $320,000. According to our calculations, that's $113.88 per sqft. Prior to that sales transaction, the property was sold for $262,000 in Nov 14, 2013. Current property owners are expected to pay $3,724 in taxes per year. The property on 248 Park Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $311,277. To break that down further, the land itself was valued at $25,170. While improvements to the property were assessed at a total of $286,107. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 2
  • Building Quality: B-
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Wood
  • Floor Count: 3
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 624
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,072
  • Total Building Area: 2,810
  • Building Area: 2,810
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,810
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK-OAKWOOD DR
  • Land Acres: 0.346
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PI-7-4-1A-1 AC 0.34599999 BK 2006 PG 225

Ownership

  • Current Owner : ANDREWS JAMES S
  • Current Owner 2: ANDREWS MOLLY D
  • Previous Owner : AIKEN JAMES G
  • Previous Owner 2: AIKEN STACEY L
  • Owner Before Previous Owner: NOBLE SETH D
  • Owner Before Previous Owner 2: NOBLE CHERYL C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chatham County Schools
  • School Tax School District: PITTSBORO CITY
  • Census Tract: 020801

Zoning

  • Zoning: R-12

Geography

  • Assessors Map Reference: MB 2006 MP 225
  • Account Number: 1361900
  • District: 5
  • Parcel: 0079927
  • Block: 60
  • Municipality: CENTER
  • Latitude: 35.7299
  • Longitude: -79.1798

    Address

  • Full Address: 248 Park Dr
  • Address - House Number: 248
  • Address - Street Name: Park
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Pittsboro
  • Carrier Code: R015
  • 4-Digit Zip Code: 7141
  • Zip Code: 27312

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,724
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.2171
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 70
  • Final Value: 538,980
  • High Value: 656,033
  • Low Value: 421,928

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $356,000
  • First Open Lien Mortgage Lender: PRIME MORTGAGE LENDING INC
  • First Open Lien Mortgage Recording Date: Nov 08, 2017
  • First Open Lien Mortgage Loan Amount: $256,000
  • 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: Dec 01, 2047
  • Second Open Lien Mortgage Lender: FIRST-CITIZENS BK & TR CO
  • Second Open Lien Mortgage Recording Date: Mar 22, 2024
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 22, 2054

    Market Valuation

  • Market Total Value: $311,277
  • Market Land Value: $25,170
  • Market Improvement Value: $286,107

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,277
  • Assessed Land Value: $25,170
  • Assessed Improvements Value: $286,107

    Sales

  • Current Sale Contract Date: Nov 07, 2017
  • Current Sale Recording Date: Nov 08, 2017
  • Current Sale Transaction ID: 11299021449
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 12571
  • Previous Sale Recording Date: Nov 15, 2013
  • Previous Sale Contract Date: Nov 14, 2013
  • Previous Sale Amount: $262,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIME MORTGAGE LENDING INC
  • First Mortgage Transaction Date: Nov 08, 2017
  • First Mortgage Loan Amount: $256,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: NORTH STATE BANK
  • Previous Mortgage Transaction Date: Nov 15, 2013
  • Previous Mortgage Loan Amount: $248,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2043

About Pittsboro



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Frequently Asked Questions

What neighborhood is 248 Park Drive located in?
The 248 Park Drive is a located in the neighborhood of Chatham in Pittsboro, Pittsboro.
What is the average sales price for listings in 248 Park Drive?
The average sales price for units in 248 Park Drive is $0 currently.

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