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2720 Broad Street

2720 Broad Street, Durham, NC 27704
Property in Stadium Heights
Sold Mar 28, 2006
$96,000
$95,500 by Bank Of America Na
Mortgage Due Apr 01, 2036
Sold Jan 10, 2006
$49,278
Local assessors in Durham, NC have categorized 2720 Broad Street as a residential type of property. The home was built in 1943 and is 81 years old. The property's lot size has been calculated to be 9,148 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 620 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 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 is one full bathroom. There is also a partial bathroom. 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 2720 Broad Street has a total of 1,504 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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a roof that is made of asphalt. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2720 Broad Street sold most recently in Mar 7, 2006 for a total of $96,000. If you work out the math, that's approximately a cost of $63.83 per sqft. Before that, the property was also sold for $49,278 in Jan 6, 2006. 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 $2,293 in taxes each year. 2720 Broad Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $175,082. If we break it down further, the land itself was valued at $33,357. Improvements to the property, however, were assessed at a total of $141,725. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1943
  • Effective Year Built: 1943
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,504
  • Building Area: 1,504
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,504
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOCKELAND
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOCKELAND/BLK:F/LT#59/58B PT PL00006B-000159

Ownership

  • Current Owner : BONILLA OLGA E
  • Previous Owner : THE SUPER LLC
  • Owner Before Previous Owner: CARMACK GILBERT WAYNE
  • Owner Before Previous Owner 2: CARMACK JANIE C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 000102

Zoning

  • Zoning: RU-5

Geography

  • Assessors Map Reference: BK 6B PG 159
  • Parcel: 125864
  • Block: F
  • Lot: 59
  • Municipality: CITY OF DURHAM
  • Latitude: 36.0368
  • Longitude: -78.9085

    Address

  • Full Address: 2720 Broad St
  • Address - House Number: 2720
  • Address - Street Name: Broad
  • Address - Suffix Type: St
  • State: NC
  • City Name: Durham
  • Carrier Code: C003
  • 4-Digit Zip Code: 2606
  • Zip Code: 27704

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,293

    Appraisal Valuation

  • Standard Deviation: 0.194
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 74
  • Final Value: 332,427
  • High Value: 396,930
  • Low Value: 267,924

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $95,500
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Mar 28, 2006
  • First Open Lien Mortgage Loan Amount: $95,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2036

    Market Valuation

  • Market Total Value: $175,082
  • Market Land Value: $33,357
  • Market Improvement Value: $141,725

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,082
  • Assessed Land Value: $33,357
  • Assessed Improvements Value: $141,725

    Sales

  • Current Sale Contract Date: Mar 07, 2006
  • Current Sale Recording Date: Mar 28, 2006
  • Current Sale Transaction ID: 1196877215
  • Current Sale Price: $96,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 10, 2006
  • Previous Sale Contract Date: Jan 06, 2006
  • Previous Sale Amount: $49,278
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Mar 28, 2006
  • First Mortgage Loan Amount: $95,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Apr 01, 2036

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Frequently Asked Questions

What neighborhood is 2720 Broad Street located in?
The 2720 Broad Street is a located in the neighborhood of Stadium Heights in Stadium Heights, Durham.
What is the average sales price for listings in 2720 Broad Street?
The average sales price for units in 2720 Broad Street is $0 currently.

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