506 Hope Avenue

Local assessors in Durham, NC have categorized 506 Hope Avenue as a exempt type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 68,389 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 506 Hope Avenue has a total of 28,998 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. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 506 Hope Avenue was last sold in Dec 6, 2001 for $130,000. According to our calculations, that's $4.48 per sqft. Current property owners are expected to pay $0 in taxes per year. The property on 506 Hope Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,744,024. To break that down further, the land itself was valued at $320,000. While improvements to the property were assessed at a total of $2,424,024. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.