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512 Chivalry Drive

512 Chivalry Drive, Durham, NC 27703
Property in Durham
Sold Dec 03, 2021
$275,000
$199,000 by Latino Community Cu
Mortgage Due Jan 01, 2052
512 Chivalry Drive has been categorized by the local assessors in Durham, NC as a residential type of property. The building on the property was first built in 1985 and is 39 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 512 Chivalry Drive has 1,344 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,600 ft and across the front of the lot is 1,050 ft. The area measurement of the land has been determined as 16,988 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The roof of the building is made of asphalt. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 512 Chivalry Drive was last sold in Nov 29, 2021 for $275,000. According to our calculations, that's $204.61 per sqft. Current property owners are expected to pay $1,616 in taxes per year. The property on 512 Chivalry Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $157,643. To break that down further, the land itself was valued at $27,820. While improvements to the property were assessed at a total of $129,823. 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. 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!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
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Construction Type: Wood
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,344
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: IVANHOE
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • Legal Description 1: IVANHOE/SEC:02/LT#112 PL000106-000087

Ownership

  • Current Owner : FLORES SANTOS CESAR OMAR
  • Current Owner 2: MARTINEZ ANA LILIA
  • Previous Owner : RAY DEMPSEY B
  • Previous Owner 2: RAY DIANE H
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Oct 30, 2023

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax School District: DCFR
  • Census Tract: 001811

Zoning

  • Zoning: RES_LOW_DE

Geography

  • Assessors Map Reference: BK 106 PG 87
  • Section: 2
  • Parcel: 161855
  • Lot: 112
  • Municipality: CNTY-DRHM SD-DCFR
  • Latitude: 35.9877
  • Longitude: -78.8168

    Address

  • Full Address: 512 Chivalry Dr
  • Address - House Number: 512
  • Address - Street Name: Chivalry
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Durham
  • Carrier Code: C015
  • 4-Digit Zip Code: 3726
  • Zip Code: 27703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,616

    Appraisal Valuation

  • Standard Deviation: 0.1839
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 75
  • Final Value: 312,500
  • High Value: 369,972
  • Low Value: 255,028

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $199,000
  • First Open Lien Mortgage Lender: LATINO COMMUNITY CU
  • First Open Lien Mortgage Recording Date: Dec 03, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $199,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $157,643
  • Market Land Value: $27,820
  • Market Improvement Value: $129,823

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,643
  • Assessed Land Value: $27,820
  • Assessed Improvements Value: $129,823

    Sales

  • Current Sale Contract Date: Nov 29, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Transaction ID: 11871009964
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021061767

    Last Sale Mortgage

  • First Mortgage Lender: LATINO COMMUNITY CU
  • First Mortgage Transaction Date: Dec 03, 2021
  • First Mortgage Loan Amount: $199,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Durham



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Frequently Asked Questions

What neighborhood is 512 Chivalry Drive located in?
The 512 Chivalry Drive is a located in the neighborhood of Durham in Durham, Durham.
What is the average sales price for listings in 512 Chivalry Drive?
The average sales price for units in 512 Chivalry Drive is $0 currently.

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