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508 Massey Avenue

508 Massey Avenue, Durham, NC 27701
Property in Durham
Sold Jul 03, 2019
$350,000
$331,500 by Nsb Trustee Services Llc
Mortgage Due Sep 05, 2025
Sold Oct 13, 2003
$11,490
508 Massey Avenue in Durham, NC was first built in 1941 and is 83 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 conventional style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 508 Massey Avenue has 2,548 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. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 6,098 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. The exterior walls of the home are made of brick veneer. 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 heat pump. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 508 Massey Avenue sold most recently in Jul 1, 2019 for a total of $350,000. If you work out the math, that's approximately a cost of $137.36 per sqft. Before that, the property was also sold for $11,490 in Oct 8, 2003. 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 $1,596 in taxes each year. The initial year of tax delinquency occurred in 2020. 508 Massey Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $121,874. If we break it down further, the land itself was valued at $22,840. Improvements to the property, however, were assessed at a total of $99,034. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1941
  • Effective Year Built: 1941
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Style: Conventional
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,548
  • Building Area: 2,548
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,548
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STOKESDALE
  • Land Acres: 0.14
  • Standard Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: STOKESDALE/BLK:C/LT#04 PL00005A-000044

Ownership

  • Current Owner : DKL INVESTMENT SOLUTIONS LLC
  • Previous Owner : GEIMAN AUTO CENTER INC
  • Owner Before Previous Owner: GREENE NANNIE C
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag Date: Dec 04, 2023

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 001301

Zoning

  • Zoning: RU-5

Geography

  • Assessors Map Reference: BK 5A PG 44
  • Parcel: 118262
  • Block: C
  • Lot: 4
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9802
  • Longitude: -78.899

    Address

  • Full Address: 508 Massey Ave
  • Address - House Number: 508
  • Address - Street Name: Massey
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Durham
  • Carrier Code: C022
  • 4-Digit Zip Code: 4439
  • Zip Code: 27701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,596
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1682
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 408,684
  • High Value: 477,463
  • Low Value: 339,904

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $331,500
  • First Open Lien Mortgage Lender: NSB TRUSTEE SERVICES LLC
  • First Open Lien Mortgage Recording Date: Aug 31, 2020
  • First Open Lien Mortgage Loan Amount: $331,500
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Sep 05, 2025

    Market Valuation

  • Market Total Value: $121,874
  • Market Land Value: $22,840
  • Market Improvement Value: $99,034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $121,874
  • Assessed Land Value: $22,840
  • Assessed Improvements Value: $99,034

    Sales

  • Current Sale Contract Date: Jul 01, 2019
  • Current Sale Recording Date: Jul 03, 2019
  • Current Sale Transaction ID: 11619133945
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019022995
  • Previous Sale Recording Date: Oct 13, 2003
  • Previous Sale Contract Date: Oct 08, 2003
  • Previous Sale Amount: $11,490
  • Previous Sale Document Type: Commissioner's Deed - North Carolina in probate-related transfers. In Hawaii foreclosure-related transfers.

    Last Sale Mortgage

  • First Mortgage Lender: FIRST AMERICAN TITLE INSURANCE
  • First Mortgage Transaction Date: Jul 03, 2019
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 508 Massey Avenue located in?
The 508 Massey Avenue is a located in the neighborhood of Durham in Durham, Durham.
What is the average sales price for listings in 508 Massey Avenue?
The average sales price for units in 508 Massey Avenue is $0 currently.

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