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5108 Gable Ridge Drive

5108 Gable Ridge Drive, Durham, NC 27713
Sold Nov 03, 2017
$200,000
$131,500 by Alcova Mortgage Llc
Mortgage Due Sep 01, 2029
Sold Aug 31, 2010
$154,000
$151,953 by Towne Mortgage Of The Carolina
Mortgage Due Sep 01, 2040
5108 Gable Ridge Drive in Durham, NC was first built in 1998 and is 26 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 5 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. 5108 Gable Ridge Drive has 1,160 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 5,227 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 220 sqft. There is one available parking space. 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. 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, 5108 Gable Ridge Drive sold most recently in Nov 3, 2017 for a total of $200,000. If you work out the math, that's approximately a cost of $172.41 per sqft. Before that, the property was also sold for $154,000 in Aug 17, 2010. 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 $2,569 in taxes each year. 5108 Gable Ridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $196,132. If we break it down further, the land itself was valued at $50,580. Improvements to the property, however, were assessed at a total of $145,552. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1998
  • Effective Year Built: 1998
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,160
  • Building Area: 1,160
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,160
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HPVL FRMS/GABLE RDG PH 1
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GABLE RIDGE/HOPE VALLEY F ARMS/PH:01/LT#28 PL000139-000042

Ownership

  • Current Owner : OU JIANHONG
  • Current Owner 2: NI LINA
  • Previous Owner : KLAGES LINDSEY
  • Previous Owner 2: KLAGES ROBERT
  • Owner Before Previous Owner: HINES IAN N
  • Owner Before Previous Owner 2: HINES ERIN P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 002024

Zoning

  • Zoning: PDR 3.440

Geography

  • Assessors Map Reference: BK 139 PG 42
  • Parcel: 145975
  • Lot: 28
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9361
  • Longitude: -78.9237

    Address

  • Full Address: 5108 Gable Ridge Dr
  • Address - House Number: 5108
  • Address - Street Name: Gable Ridge
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Durham
  • Carrier Code: R023
  • 4-Digit Zip Code: 7156
  • Zip Code: 27713

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,569

    Appraisal Valuation

  • Standard Deviation: 0.179
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 361,694
  • High Value: 426,472
  • Low Value: 296,915

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $131,500
  • First Open Lien Mortgage Lender: ALCOVA MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 09, 2021
  • First Open Lien Mortgage Loan Amount: $131,500
  • First Open Lien Mortgage Term: 96
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2029

    Market Valuation

  • Market Total Value: $196,132
  • Market Land Value: $50,580
  • Market Improvement Value: $145,552

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,132
  • Assessed Land Value: $50,580
  • Assessed Improvements Value: $145,552

    Sales

  • Current Sale Contract Date: Nov 03, 2017
  • Current Sale Recording Date: Nov 03, 2017
  • Current Sale Transaction ID: 11292995179
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017039029
  • Previous Sale Recording Date: Aug 31, 2010
  • Previous Sale Contract Date: Aug 17, 2010
  • Previous Sale Amount: $154,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Nov 03, 2017
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Dec 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: TOWNE MORTGAGE OF THE CAROLINA
  • Previous Mortgage Transaction Date: Aug 31, 2010
  • Previous Mortgage Loan Amount: $151,953
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2040

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Frequently Asked Questions

What neighborhood is 5108 Gable Ridge Drive located in?
The 5108 Gable Ridge Drive is a located in the neighborhood of Hope Valley Farms North in Hope Valley Farms North, Durham.
What is the average sales price for listings in 5108 Gable Ridge Drive?
The average sales price for units in 5108 Gable Ridge Drive is $0 currently.

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