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307 Walton Street

307 Walton Street, Durham, NC 27703
Multifamily in Durham
Local assessors in Durham, NC have categorized 307 Walton Street as a residential type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 8,276 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 750 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 3 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 307 Walton Street has a total of 960 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 asbestos. Lots of brick veneer were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. 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, 307 Walton Street sold most recently in Nov 9, 2021 for a total of $715,000. If you work out the math, that's approximately a cost of $744.79 per sqft. 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 $1,181 in taxes each year. 307 Walton Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $90,129. If we break it down further, the land itself was valued at $20,755. Improvements to the property, however, were assessed at a total of $69,374. 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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210818
08/18/2021
Studio
-
4566 ft²
$800,000
bedrooms
Studio
bathrooms
-
square feet
4566 ft²
-
-
-
Johnny Wehmann
Real Estate Associates, Inc.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Asbestos
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PHA SITE NC-13-18
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PHA SITE NC13-18/BLK:C/LT #38 PL000080-000022

Ownership

  • Current Owner : TORTUGA I LLC
  • Previous Owner : RDU PROPERTIES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 001802

Zoning

  • Zoning: RS-8

Geography

  • Assessors Map Reference: BK 80 PG 22
  • Parcel: 131872
  • Block: C
  • Lot: 38
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9837
  • Longitude: -78.8469

    Address

  • Full Address: 307 Walton St
  • Address - House Number: 307
  • Address - Street Name: Walton
  • Address - Suffix Type: St
  • State: NC
  • City Name: Durham
  • Carrier Code: C009
  • 4-Digit Zip Code: 4633
  • Zip Code: 27703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,181

    Appraisal Valuation

  • Standard Deviation: 0.1655
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 79
  • Final Value: 225,152
  • High Value: 262,421
  • Low Value: 187,883

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,695,000
  • First Open Lien Mortgage Lender: ENCORE SFR FINANCE LLC
  • First Open Lien Mortgage Recording Date: Dec 22, 2023
  • First Open Lien Mortgage Loan Amount: $3,695,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2029

    Market Valuation

  • Market Total Value: $90,129
  • Market Land Value: $20,755
  • Market Improvement Value: $69,374

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,129
  • Assessed Land Value: $20,755
  • Assessed Improvements Value: $69,374

    Sales

  • Current Sale Contract Date: Nov 09, 2021
  • Current Sale Recording Date: Nov 10, 2021
  • Current Sale Transaction ID: 11875475715
  • Current Sale Price: $715,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021057740

About Durham



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Frequently Asked Questions

What neighborhood is 307 Walton Street located in?
The 307 Walton Street is a multifamily located in the neighborhood of Durham in Durham, Durham.
What is the average sales price for listings in 307 Walton Street?
The average sales price for units in 307 Walton Street is $0 currently.

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