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47 Homestead Drive

47 Homestead Drive, Pittsboro, NC 27312
Property in Chatham
Sold May 06, 2014
$175,000
$130,000 by Quicken Loans Inc
Mortgage Due Jun 01, 2029
47 Homestead Drive in Pittsboro, NC was first built in 1985 and is 39 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 47 Homestead Drive has 1,400 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 91,476 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 47 Homestead Drive was last sold in May 6, 2014 for $175,000. According to our calculations, that's $125.00 per sqft. Current property owners are expected to pay $2,100 in taxes per year. The property on 47 Homestead Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $241,411. To break that down further, the land itself was valued at $66,500. While improvements to the property were assessed at a total of $174,911. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Masonry
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 91,476
  • Total Building Area: 1,400
  • Building Area: 1,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BIRNAM WOOD HILLS
  • Land Acres: 2.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N6-1A-23 AC 2.0999999

Ownership

  • Current Owner : BENNETT TIM
  • Current Owner 2: BENNETT MARY
  • Previous Owner : DAVIS MATTHEW D
  • Previous Owner 2: DAVIS SHANON M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chatham County Schools
  • School Tax School District: NORTH CHATHAM F
  • Census Tract: 020803

Zoning

  • Zoning: R-1

Geography

  • Account Number: 1350754
  • District: 11
  • Parcel: 0017467
  • Block: 61
  • Municipality: NEW HOPE
  • Latitude: 35.7322
  • Longitude: -79.0788

    Address

  • Full Address: 47 Homestead Dr
  • Address - House Number: 47
  • Address - Street Name: Homestead
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Pittsboro
  • Carrier Code: R006
  • 4-Digit Zip Code: 9713
  • Zip Code: 27312

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,100
  • Tax Rate Code Area: 107

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 67
  • Final Value: 403,989
  • High Value: 498,830
  • Low Value: 309,148

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: May 06, 2014
  • First Open Lien Mortgage Loan Amount: $130,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2029
  • Second Open Lien Mortgage Lender: COASTAL FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Mar 10, 2023
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $241,411
  • Market Land Value: $66,500
  • Market Improvement Value: $174,911

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,411
  • Assessed Land Value: $66,500
  • Assessed Improvements Value: $174,911

    Sales

  • Current Sale Contract Date: May 06, 2014
  • Current Sale Recording Date: May 06, 2014
  • Current Sale Transaction ID: 1169872266
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 04106

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: May 06, 2014
  • First Mortgage Loan Amount: $130,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2029

About Chatham



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Frequently Asked Questions

What neighborhood is 47 Homestead Drive located in?
The 47 Homestead Drive is a located in the neighborhood of Chatham in Chatham, Pittsboro.
What is the average sales price for listings in 47 Homestead Drive?
The average sales price for units in 47 Homestead Drive is $0 currently.

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