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504 Hidden Springs Drive

504 Hidden Springs Drive, Durham, NC 27703
Property in Durham
Sold Apr 07, 2015
$178,000
$142,400 by First Citizens Bank & Trust Co
Mortgage Due May 01, 2045
Sold Jul 28, 2005
$182,000
$145,350 by K Hovnanian American Mortgage
Mortgage Due Aug 01, 2035
Local assessors in Durham, NC have categorized 504 Hidden Springs Drive as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 3,049 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 504 Hidden Springs Drive has a total of 1,896 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 504 Hidden Springs Drive was last sold in Mar 29, 2015 for $178,000. According to our calculations, that's $93.88 per sqft. Prior to that sales transaction, the property was sold for $182,000 in Jul 27, 2005. Current property owners are expected to pay $2,701 in taxes per year. The property on 504 Hidden Springs Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $206,211. To break that down further, the land itself was valued at $40,000. While improvements to the property were assessed at a total of $166,211. 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. 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.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: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,896
  • Building Area: 1,896
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,896
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TAYLOR ESTATES
  • Land Acres: 0.07
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: TAYLOR ESTATES TWNHMS/PH: 03/LT#018 MODEL-CROMWELL PL000163-000395

Ownership

  • Current Owner : PITTS THEODORE
  • Previous Owner : ROBINSON VALERIE J
  • Owner Before Previous Owner: K HOVNANIAN HOMES OF NORTH CAROLINA INC

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 001809

Zoning

  • Zoning: RS-M(D)

Geography

  • Assessors Map Reference: BK 163 PG 395
  • Parcel: 198362
  • Lot: 18
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9402
  • Longitude: -78.8424

    Address

  • Full Address: 504 Hidden Springs Dr
  • Address - House Number: 504
  • Address - Street Name: Hidden Springs
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Durham
  • Carrier Code: C031
  • 4-Digit Zip Code: 4925
  • Zip Code: 27703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,701

    Appraisal Valuation

  • Standard Deviation: 0.1732
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 77
  • Final Value: 380,311
  • High Value: 446,214
  • Low Value: 314,408

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $242,703
  • First Open Lien Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Apr 07, 2015
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $142,400
  • 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: May 01, 2045
  • Second Open Lien Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • Second Open Lien Mortgage Recording Date: Dec 20, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,303
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $206,211
  • Market Land Value: $40,000
  • Market Improvement Value: $166,211

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $206,211
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $166,211

    Sales

  • Current Sale Contract Date: Mar 29, 2015
  • Current Sale Recording Date: Apr 07, 2015
  • Current Sale Transaction ID: 1302632047
  • Current Sale Price: $178,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015009888
  • Previous Sale Recording Date: Jul 28, 2005
  • Previous Sale Contract Date: Jul 27, 2005
  • Previous Sale Amount: $182,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • First Mortgage Transaction Date: Apr 07, 2015
  • First Mortgage Loan Amount: $142,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: May 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: K HOVNANIAN AMERICAN MORTGAGE
  • Previous Mortgage Transaction Date: Jul 28, 2005
  • Previous Mortgage Loan Amount: $145,350
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Aug 01, 2035

About Durham



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Frequently Asked Questions

What neighborhood is 504 Hidden Springs Drive located in?
The 504 Hidden Springs Drive is a located in the neighborhood of Durham in Durham, Durham.
What is the average sales price for listings in 504 Hidden Springs Drive?
The average sales price for units in 504 Hidden Springs Drive is $0 currently.

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