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418 Regulators Way

418 Regulators Way, Hillsborough, NC 27278
Property in Orange
Sold Oct 13, 2017
$314,000
$214,000 by Movement Mortgage
Mortgage Due Nov 01, 2047
Sold Sep 25, 2008
$274,500
$165,000 by Countrywide Kb Home Loans
Mortgage Due Oct 01, 2038
418 Regulators Way has been categorized by the local assessors in Hillsborough, NC as a residential type of property. The building on the property was first built in 2008 and is 16 years old. The home has a total of 8 rooms. 4 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, 418 Regulators Way has 3,413 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 7,405 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 garage measured 462 sqft. The building has a hip style roof made of shingle (not wood). The exterior walls of the building are made of materials we are unsure of. 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, 418 Regulators Way sold most recently in Oct 5, 2017 for a total of $314,000. If you work out the math, that's approximately a cost of $92.00 per sqft. Before that, the property was also sold for $274,500 in Sep 24, 2008. 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 $5,084 in taxes each year. The initial year of tax delinquency occurred in 2022. 418 Regulators Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $342,200. If we break it down further, the land itself was valued at $40,000. Improvements to the property, however, were assessed at a total of $302,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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: 2008
  • Effective Year Built: 2008
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 5
  • Building Style: Conventional
  • Exterior Walls Type: Other
  • Roof Shape Type: Hip
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 3,413
  • Gross Building Area: 5,802
  • Building Area: 3,413
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,413
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENION GROVE
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 56 KENION GROVE P98/111

Ownership

  • Current Owner : KAY KEVIN M
  • Current Owner 2: KAY MELISSA
  • Previous Owner : JOHN JENNIFER L
  • Previous Owner 2: JOHN RENRICK F
  • Owner Before Previous Owner: KB HOME RALEIGH DURHAM INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orange County Schools
  • Census Tract: 011001

Zoning

  • Zoning: HI

Geography

  • Assessors Map Reference: 6377/536
  • District: 4
  • Parcel: 9865-70-9147
  • Municipality: HILLSBOROUGH
  • Latitude: 36.0859
  • Longitude: -79.1085

    Address

  • Full Address: 418 Regulators Way
  • Address - House Number: 418
  • Address - Street Name: Regulators
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Hillsborough
  • Carrier Code: C002
  • 4-Digit Zip Code: 2085
  • Zip Code: 27278

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,084
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: ORAG,HILL

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 589,199
  • High Value: 701,994
  • Low Value: 476,404

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 13, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $214,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2047
  • Second Open Lien Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • Second Open Lien Mortgage Recording Date: Oct 15, 2020
  • Second Open Lien Mortgage Loan Amount: $203,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $342,200
  • Market Land Value: $40,000
  • Market Improvement Value: $302,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $342,200
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $302,200

    Sales

  • Current Sale Contract Date: Oct 05, 2017
  • Current Sale Recording Date: Oct 13, 2017
  • Current Sale Transaction ID: 11295958260
  • Current Sale Price: $314,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20171013000204630
  • Previous Sale Recording Date: Sep 25, 2008
  • Previous Sale Contract Date: Sep 24, 2008
  • Previous Sale Amount: $274,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Oct 13, 2017
  • First Mortgage Loan Amount: $214,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Nov 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE KB HOME LOANS
  • Previous Mortgage Transaction Date: Sep 25, 2008
  • Previous Mortgage Loan Amount: $165,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2038

About Hillsborough



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Frequently Asked Questions

What neighborhood is 418 Regulators Way located in?
The 418 Regulators Way is a located in the neighborhood of Orange in Hillsborough, Hillsborough.
What is the average sales price for listings in 418 Regulators Way?
The average sales price for units in 418 Regulators Way is $0 currently.

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