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319 Wellwater Avenue

319 Wellwater Avenue, Durham, NC 27703
House in Shaw Hills
Sold Jul 22, 2019
$324,000
$361,800 by State Employees Credit Union
Mortgage Due Apr 01, 2052
Sold Jun 28, 2017
$289,500
$289,065 by Suntrust Mortgage Inc
Mortgage Due Jul 01, 2047
319 Wellwater 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 2017 and is 7 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 2 stories. In addition, 319 Wellwater Avenue has 2,813 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 6,534 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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 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. 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, 319 Wellwater Avenue sold most recently in Jul 12, 2019 for a total of $324,000. If you work out the math, that's approximately a cost of $115.18 per sqft. Before that, the property was also sold for $289,500 in May 20, 2017. 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 $4,009 in taxes each year. 319 Wellwater Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $306,018. If we break it down further, the land itself was valued at $51,570. Improvements to the property, however, were assessed at a total of $254,448. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 2,813
  • Building Area: 2,813
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,813
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHERRON RD TRACT/PH04
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SHERRON ROAD TRACT/PH:04/ LT#32 PL000196-000232

Ownership

  • Current Owner : EDWARDS BEATRICE L H
  • Previous Owner : MORAN ERIN KATHLEEN
  • Owner Before Previous Owner: LENNER CAROLINAS LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 001808

Zoning

  • Zoning: RR

Geography

  • Assessors Map Reference: BK 196 PG 232
  • Parcel: 220654
  • Lot: 32
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9672
  • Longitude: -78.7928

    Address

  • Full Address: 319 Wellwater Ave
  • Address - House Number: 319
  • Address - Street Name: Wellwater
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Durham
  • Carrier Code: R039
  • 4-Digit Zip Code: 9971
  • Zip Code: 27703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,009

    Appraisal Valuation

  • Standard Deviation: 0.1656
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 79
  • Final Value: 511,767
  • High Value: 596,551
  • Low Value: 426,983

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $361,800
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • First Open Lien Mortgage Recording Date: Mar 28, 2022
  • First Open Lien Mortgage Loan Amount: $361,800
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $306,018
  • Market Land Value: $51,570
  • Market Improvement Value: $254,448

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $306,018
  • Assessed Land Value: $51,570
  • Assessed Improvements Value: $254,448

    Sales

  • Current Sale Contract Date: Jul 12, 2019
  • Current Sale Recording Date: Jul 22, 2019
  • Current Sale Transaction ID: 11625387501
  • Current Sale Price: $324,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019025246
  • Previous Sale Recording Date: Jun 28, 2017
  • Previous Sale Contract Date: May 20, 2017
  • Previous Sale Amount: $289,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: Jul 22, 2019
  • First Mortgage Loan Amount: $326,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 28, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $289,065
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Shaw Hills



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Frequently Asked Questions

What neighborhood is 319 Wellwater Avenue located in?
The 319 Wellwater Avenue is a house located in the neighborhood of Shaw Hills in Shaw Hills, Durham.
What is the average sales price for listings in 319 Wellwater Avenue?
The average sales price for units in 319 Wellwater Avenue is $0 currently.

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