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4118 Settlement Drive

4118 Settlement Drive, Durham, NC 27713
Property in Woodcroft
Sold Mar 30, 2022
$312,000
$249,600 by Premier Processing Llc
Mortgage Due Apr 01, 2052
Sold Jul 26, 2021
$259,000
4118 Settlement Drive 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 1988 and is 36 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as 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, 4118 Settlement Drive has 1,463 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 1,742 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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 asphalt. The exterior walls of the building are made of brick veneer. 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. 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. The property was last sold in Mar 14, 2022 for $312,000. That's $213.26 per sqft. Prior to that sales transaction, the property was also sold in Jul 26, 2021 for $259,000. 4118 Settlement Drive was last assessed in 2023. The total value of the property was assessed at $164,052. Specifically, the land the property is located on was valued at $30,000. While improvements on the property were assessed at a total of $134,052. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,149. The initial tax year of delinquency was in 2021. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Construction Type: Wood
  • Building Style: Townhouse
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,463
  • Building Area: 1,463
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,463
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WDCRFT/HMEPL 4 S1/S7
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: HOMEPLC 4 TWNHMS/SEC:03/L T#03 TYPE-01/BN/FY/GN PL000119-000063

Ownership

  • Current Owner : GARLAND ROBERT
  • Previous Owner : ZILLOW HOMES PROPERTY TRUST
  • Owner Before Previous Owner: NICHOLSON CHRISTIAN
  • Owner Before Previous Owner 2: NICHOLSON LORRI
  • 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: 002024

Zoning

  • Zoning: PDR 3.650

Geography

  • Assessors Map Reference: BK 119 PG 63
  • Section: 3
  • Parcel: 149153
  • Lot: 3
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9253
  • Longitude: -78.9339

    Address

  • Full Address: 4118 Settlement Dr
  • Address - House Number: 4118
  • Address - Street Name: Settlement
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Durham
  • Carrier Code: R011
  • 4-Digit Zip Code: 9153
  • Zip Code: 27713

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,149
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.0829
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 93
  • Final Value: 274,197
  • High Value: 296,947
  • Low Value: 251,448

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $249,600
  • First Open Lien Mortgage Lender: PREMIER PROCESSING LLC
  • First Open Lien Mortgage Recording Date: Mar 30, 2022
  • First Open Lien Mortgage Loan Amount: $249,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $164,052
  • Market Land Value: $30,000
  • Market Improvement Value: $134,052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,052
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $134,052

    Sales

  • Current Sale Contract Date: Mar 14, 2022
  • Current Sale Recording Date: Mar 30, 2022
  • Current Sale Transaction ID: 11883565671
  • Current Sale Price: $312,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 13294
  • Previous Sale Recording Date: Jul 26, 2021
  • Previous Sale Contract Date: Jul 26, 2021
  • Previous Sale Amount: $259,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIER PROCESSING LLC
  • First Mortgage Transaction Date: Mar 30, 2022
  • First Mortgage Loan Amount: $249,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Apr 01, 2052

About Woodcroft



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Frequently Asked Questions

What neighborhood is 4118 Settlement Drive located in?
The 4118 Settlement Drive is a located in the neighborhood of Woodcroft in Woodcroft, Durham.
What is the average sales price for listings in 4118 Settlement Drive?
The average sales price for units in 4118 Settlement Drive is $0 currently.

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