See Home Value
Durham 27503
703 Phar Lap Lane
$750,000
● House - Off Market

703 Phar Lap Lane

Bahama, NC 27503
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3,911 Ft²
$757,980
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

From the moment you turn into the driveway, this private oasis soothes and restores. Expansive front porch overlooks thoughtful landscaping and a tranquil water feature. Large back deck looks out into secluded woods. 4.28 acre double lot can be used for horses or potentially subdivided - or simply enjoyed as it is! Step inside and appreciate the meticulous quality and care of this unique custom home. Primary suite AND guest bedroom on main level! Living room has exposed beams, soaring ceilings, lots of natural light, and an inviting wood-burning fireplace. Gorgeous kitchen has double ovens, custom cabinets, gas range, and tons of storage and counter space. Don't miss the incredible sunroom off the primary bedroom. Only 20 minutes to downtown Durham!
Unit Size
3,911 Ft²
Days on Market
-
Land Size
4.29 acres
Price per sqft
$190
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
2004

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Last updated: 2 years ago (TMLS #2500823)

Price History

Date / Event Date Event Price
Apr 26, 2023 Sold
Sold
Mar 21, 2023 Listed by Nest Realty of the Triangle $745,000
Listed by Nest Realty of the Triangle
Sep 16, 2002 Sold
Sold
May 17, 2002 Sold
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 186,872
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,588
  • Building Area: 3,588
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 3,588
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: POLO MDWS
  • Land Acres: 0000004290
  • Standard Land Use Code: 1001
  • County Land Use Code: 111
  • Legal Description 1: POLO MEADOWS/LT#05-06 NKA PROP-NOVORSKA RECOMB PL000156-000357

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax School District: BAHAMA
  • Census Tract: 002100

Zoning

  • Zoning: RES_RURAL_

Geography

  • Assessors Map Reference: BK 156 PG 357
  • Parcel: 191249
  • Lot: 5,6
  • Municipality: CNTY-DRHM FD-BAHAMA
  • Latitude: 36.1765
  • Longitude: -78.8897

    Address

  • Full Address: 703 Phar Lap Ln
  • Address - House Number: 703
  • Address - Street Name: Phar Lap
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Bahama
  • Carrier Code: R092
  • 4-Digit Zip Code: 9216
  • Zip Code: 27503

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $384,791

    Appraisal Valuation

  • Standard Deviation: 0.1384
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 83
  • Final Value: 697,833
  • High Value: 794,440
  • Low Value: 601,227

    Market Valuation

  • Market Total Value: $413,281
  • Market Land Value: $53,550
  • Market Improvement Value: $359,731

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $413,281
  • Assessed Land Value: $53,550
  • Assessed Improvements Value: $359,731

    Sales

  • Current Sale Contract Date: Apr 21, 2023
  • Current Sale Recording Date: Apr 26, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 59674
  • Previous Sale Recording Date: Sep 16, 2002
  • Previous Sale Contract Date: Aug 16, 2002
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 703 Phar Lap Lane built and last sold?
The property at 703 Phar Lap Lane was built in 2004 and last sold on Apr 21, 2023 for $750,000.
How much is this home worth?
The estimated value of the home located at 703 Phar Lap Lane is $758,599.
What are some comparable homes to 703 Phar Lap Lane?
There are currently no comparable homes to 703 Phar Lap Lane.