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5510 Charter Oaks Drive

5510 Charter Oaks Drive, Durham, NC 27712
Property in Durham
Sold Nov 01, 2021
$314,000
$298,143 by Truist Bank
Mortgage Due Nov 01, 2051
Sold Feb 04, 2020
$750,000
$30,000,000 by Us Bank Na
Mortgage
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 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5510 Charter Oaks Drive has 2,064 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 13,504 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. 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. 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, 5510 Charter Oaks Drive was last sold in Oct 29, 2021 for $314,000. According to our calculations, that's $152.13 per sqft. Prior to that sales transaction, the property was sold for $750,000 in Jan 31, 2020. Current property owners are expected to pay $4,604 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 5510 Charter Oaks Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $351,466. To break that down further, the land itself was valued at $45,710. While improvements to the property were assessed at a total of $305,756. 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

  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,064
  • Building Area: 2,064
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,064
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HUNTINGTON VLY
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HUNTINGTON VALLEY/LT#071 PL000142-000191

Ownership

  • Current Owner : SAMUEL VERNON HAKEEN
  • Previous Owner : TRUE HOMES LLC
  • Owner Before Previous Owner: NORTH CAROLINA AGRICULTURAL FNDN INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 001603

Zoning

  • Zoning: RS-20

Geography

  • Assessors Map Reference: BK 142 PG 191
  • Parcel: 184031
  • Lot: 71
  • Municipality: CITY OF DURHAM
  • Latitude: 36.0925
  • Longitude: -78.9221

    Address

  • Full Address: 5510 Charter Oaks Dr
  • Address - House Number: 5510
  • Address - Street Name: Charter Oaks
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Durham
  • Carrier Code: C001
  • 4-Digit Zip Code: 2237
  • Zip Code: 27712

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,604
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1669
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 78
  • Final Value: 468,413
  • High Value: 546,609
  • Low Value: 390,218

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $298,143
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Loan Amount: $298,143
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $351,466
  • Market Land Value: $45,710
  • Market Improvement Value: $305,756

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $351,466
  • Assessed Land Value: $45,710
  • Assessed Improvements Value: $305,756

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Transaction ID: 11862104944
  • Current Sale Price: $314,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021055871
  • Previous Sale Recording Date: Feb 04, 2020
  • Previous Sale Contract Date: Jan 31, 2020
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Nov 01, 2021
  • First Mortgage Loan Amount: $298,143
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Feb 04, 2020
  • Previous Mortgage Loan Amount: $30,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Durham



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Frequently Asked Questions

What neighborhood is 5510 Charter Oaks Drive located in?
The 5510 Charter Oaks Drive is a located in the neighborhood of Durham in Durham, Durham.
What is the average sales price for listings in 5510 Charter Oaks Drive?
The average sales price for units in 5510 Charter Oaks Drive is $0 currently.

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