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583 Old Home Place Lane

583 Old Home Place Lane, Durham, NC 27713
Property in Chatham
Sold Nov 29, 2021
$400,000
$319,920 by Flagstar Bank Fsb
Mortgage Due Dec 01, 2051
583 Old Home Place Lane 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 2007 and is 17 years old. The home has a total of 3 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, 583 Old Home Place Lane has 2,018 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 65,340 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a prefab, modular 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 572 sqft. 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The exterior walls of the building are made of wood. 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. The property was last sold in Nov 29, 2021 for $400,000. That's $198.22 per sqft. 583 Old Home Place Lane was last assessed in 2023. The total value of the property was assessed at $316,074. Specifically, the land the property is located on was valued at $99,556. While improvements on the property were assessed at a total of $216,518. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,650. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C-
  • Construction Type: Wood
  • Building Style: Prefab, Modular
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 572
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 2,018
  • Building Area: 2,018
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,018
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAST WILLIAMS
  • Land Acres: 1.5
  • Standard Land Use Code: Modular/pre-fabricated homes
  • Legal Description 1: S1-9-5 AC 1.5 BK 98 PG 31

Ownership

  • Current Owner : WILSON DAVID J
  • Current Owner 2: WILSON BETH H
  • Previous Owner : PRICE MICHELLE BLALOCK
  • Previous Owner 2: PRICE JONATHAN WESLEY

Neighborhood

  • School District Name: Chatham County Schools
  • School Tax School District: PARKWOOD FD
  • Census Tract: 020703

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MB 98 MP 31
  • Account Number: 1376897
  • District: 13
  • Subdivision Tract Number: 5
  • Parcel: 0074969
  • Block: 48
  • Municipality: WILLIAMS
  • Latitude: 35.8611
  • Longitude: -78.9168

    Address

  • Full Address: 583 Old Home Place Ln
  • Address - House Number: 583
  • Address - Street Name: Old Home Place
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Durham
  • Carrier Code: R003
  • 4-Digit Zip Code: 7438
  • Zip Code: 27713

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,650
  • Tax Rate Code Area: 112

    Appraisal Valuation

  • Standard Deviation: 0.2042
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 72
  • Final Value: 483,396
  • High Value: 582,105
  • Low Value: 384,686

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $319,920
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Nov 29, 2021
  • First Open Lien Mortgage Loan Amount: $319,920
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $316,074
  • Market Land Value: $99,556
  • Market Improvement Value: $216,518

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,074
  • Assessed Land Value: $99,556
  • Assessed Improvements Value: $216,518

    Sales

  • Current Sale Contract Date: Nov 29, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Transaction ID: 11872414621
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18308

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: Nov 29, 2021
  • First Mortgage Loan Amount: $319,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

About Chatham



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Frequently Asked Questions

What neighborhood is 583 Old Home Place Lane located in?
The 583 Old Home Place Lane is a located in the neighborhood of Chatham in Chatham, Durham.
What is the average sales price for listings in 583 Old Home Place Lane?
The average sales price for units in 583 Old Home Place Lane is $0 currently.

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