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2508 Vesson Avenue

2508 Vesson Avenue, Durham, NC 27707
Property in Duke Forest
Sold Oct 21, 2022
$385,000
Sold Oct 22, 2021
$250,000
$236,400 by Providence Bank
Mortgage
2508 Vesson Avenue 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 1938 and is 86 years old. The home has a total of 3 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2508 Vesson Avenue has 1,005 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 530 ft. The area measurement of the land has been determined as 7,841 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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. 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. The roof of the building is made of wood shake/ shingles. In terms of heating, it is utilizing a forced air unit. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 2508 Vesson Avenue sold most recently in Oct 21, 2022 for a total of $385,000. If you work out the math, that's approximately a cost of $383.08 per sqft. Before that, the property was also sold for $250,000 in Sep 8, 2021. 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 $3,633 in taxes each year. The initial year of tax delinquency occurred in 2021. 2508 Vesson Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $277,629. If we break it down further, the land itself was valued at $88,800. Improvements to the property, however, were assessed at a total of $188,829. 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

Parking

On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 915
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 530
  • Total Building Area: 1,005
  • Building Area: 1,005
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,005
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PINECREST
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PINECREST/BLK:09/LT#18 PL000006-000062

Ownership

  • Current Owner : MASON SARA
  • Previous Owner : KRYSTAL MAX PROPERTIES LLC
  • Owner Before Previous Owner: CRUZ CRISPIN H
  • Owner Before Previous Owner 2: LEON SINFORSA C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 000600

Zoning

  • Zoning: RS-10

Geography

  • Assessors Map Reference: BK 6 PG 62
  • Parcel: 103424
  • Block: 9
  • Lot: 18
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9829
  • Longitude: -78.9342

    Address

  • Full Address: 2508 Vesson Ave
  • Address - House Number: 2508
  • Address - Street Name: Vesson
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Durham
  • Carrier Code: C004
  • 4-Digit Zip Code: 1437
  • Zip Code: 27707

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,633
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.0829
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 93
  • Final Value: 430,411
  • High Value: 466,121
  • Low Value: 394,701

    Market Valuation

  • Market Total Value: $277,629
  • Market Land Value: $88,800
  • Market Improvement Value: $188,829

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,629
  • Assessed Land Value: $88,800
  • Assessed Improvements Value: $188,829

    Sales

  • Current Sale Contract Date: Oct 21, 2022
  • Current Sale Recording Date: Oct 21, 2022
  • Current Sale Transaction ID: 11897705574
  • Current Sale Price: $385,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 41037
  • Previous Sale Recording Date: Oct 22, 2021
  • Previous Sale Contract Date: Sep 08, 2021
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMELENDING
  • First Mortgage Transaction Date: Oct 21, 2022
  • First Mortgage Loan Amount: $265,000
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Oct 21, 2022

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENCE BANK
  • Previous Mortgage Transaction Date: Oct 22, 2021
  • Previous Mortgage Loan Amount: $236,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 2508 Vesson Avenue located in?
The 2508 Vesson Avenue is a located in the neighborhood of Duke Forest in Duke Forest, Durham.
What is the average sales price for listings in 2508 Vesson Avenue?
The average sales price for units in 2508 Vesson Avenue is $0 currently.

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