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2617 Azalea Drive

2617 Azalea Drive, Durham, NC 27703
House in Durham
Sold Jan 16, 2020
$393,500
$380,918 by Lakeview Community Capital Llc
Mortgage Due May 01, 2050
Sold Mar 26, 2018
$5,665,000
2617 Azalea Drive in Durham, NC was first built in 2019 and is 5 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2617 Azalea Drive has 2,456 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,250 ft and the linear feet between the front and back of the lot is 1,980. In total, the area measurement of the land is 24,394 square feet.

Learn more about the property and building on this page. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2617 Azalea Drive sold most recently in Jan 16, 2020 for a total of $393,500. If you work out the math, that's approximately a cost of $160.22 per sqft. Before that, the property was also sold for $5,665,000 in Mar 22, 2018. 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 $3,519 in taxes each year. 2617 Azalea Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $268,657. If we break it down further, the land itself was valued at $31,220. Improvements to the property, however, were assessed at a total of $237,437. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Garage Parking
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: 3
  • Partial Bathrooms: 3
  • Building Style: Cape Cod
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 24,394
  • Lot Size Depth Feet: 1,980
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,456
  • Building Area: 2,456
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,456
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROPERTY OF MISS MARY ELIZABETH THOMAS
  • Land Acres: 0.56
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PROP-THOMAS MARY/BLK:F/LT #12 PL000044-000004

Ownership

  • Current Owner : CATES DORTHEA Y
  • Current Owner 2: CATES ERNEST W
  • Previous Owner : PULTE HOME COMPANY LLC
  • Owner Before Previous Owner: LAKESHORE GOLF COURSE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 001809

Zoning

  • Zoning: RR

Geography

  • Assessors Map Reference: BK 44 PG 4
  • Parcel: 163857
  • Block: F
  • Lot: 12
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9287
  • Longitude: -78.8313

    Address

  • Full Address: 2617 Azalea Dr
  • Address - House Number: 2617
  • Address - Street Name: Azalea
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Durham
  • Carrier Code: C031
  • 4-Digit Zip Code: 5815
  • Zip Code: 27703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,519

    Appraisal Valuation

  • Standard Deviation: 0.1407
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 83
  • Final Value: 531,651
  • High Value: 606,463
  • Low Value: 456,840

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,918
  • First Open Lien Mortgage Lender: LAKEVIEW COMMUNITY CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Apr 23, 2021
  • First Open Lien Mortgage Loan Amount: $380,918
  • First Open Lien Mortgage Term: 348
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $268,657
  • Market Land Value: $31,220
  • Market Improvement Value: $237,437

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,657
  • Assessed Land Value: $31,220
  • Assessed Improvements Value: $237,437

    Sales

  • Current Sale Contract Date: Jan 16, 2020
  • Current Sale Recording Date: Jan 16, 2020
  • Current Sale Transaction ID: 11716537654
  • Current Sale Price: $393,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2020002025
  • Previous Sale Recording Date: Mar 26, 2018
  • Previous Sale Contract Date: Mar 22, 2018
  • Previous Sale Amount: $5,665,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PULTE MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 16, 2020
  • First Mortgage Loan Amount: $386,332
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2050

About Durham



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Frequently Asked Questions

What neighborhood is 2617 Azalea Drive located in?
The 2617 Azalea Drive is a house located in the neighborhood of Durham in Durham, Durham.
What is the average sales price for listings in 2617 Azalea Drive?
The average sales price for units in 2617 Azalea Drive is $0 currently.

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