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707 Locust Drive

707 Locust Drive, Durham, NC 27703
Property in Durham
Sold May 25, 2007
$181,000
$171,950 by Branch Banking And Trust Co
Mortgage Due Jun 01, 2037
Local assessors in Durham, NC have categorized 707 Locust Drive as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 50,965 square feet. The linear feet between the front and back of the lot was measured at 2,500 ft and the front of the lot was measured at 2,060 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 707 Locust Drive has a total of 1,445 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a roof that is made of asphalt. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. 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, 707 Locust Drive was last sold in May 18, 2007 for $181,000. According to our calculations, that's $125.26 per sqft. Current property owners are expected to pay $2,705 in taxes per year. The property on 707 Locust Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $206,517. To break that down further, the land itself was valued at $41,710. While improvements to the property were assessed at a total of $164,807. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1987
  • Effective Year Built: 1987
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,445
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 50,965
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 2,060
  • Total Building Area: 1,445
  • Building Area: 1,445
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,445
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROP-HURSEY STREET
  • Land Acres: 1.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PROP-HURSEY STREET/LYNN R D DEV/BLK:C/LT#10-11 PL00031A-000007

Ownership

  • Current Owner : COULTER ALLAN W
  • Previous Owner : PEARCE GARY A
  • Previous Owner 2: PEARCE DEBORAH L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 001802

Zoning

  • Zoning: RS-8

Geography

  • Assessors Map Reference: BK 31A PG 7
  • Parcel: 132068
  • Block: C
  • Lot: 10,11
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9777
  • Longitude: -78.8434

    Address

  • Full Address: 707 Locust Dr
  • Address - House Number: 707
  • Address - Street Name: Locust
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Durham
  • Carrier Code: C009
  • 4-Digit Zip Code: 4717
  • Zip Code: 27703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,705

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 78
  • Final Value: 370,704
  • High Value: 433,536
  • Low Value: 307,872

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $171,950
  • First Open Lien Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Open Lien Mortgage Recording Date: May 25, 2007
  • First Open Lien Mortgage Loan Amount: $171,950
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2037

    Market Valuation

  • Market Total Value: $206,517
  • Market Land Value: $41,710
  • Market Improvement Value: $164,807

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $206,517
  • Assessed Land Value: $41,710
  • Assessed Improvements Value: $164,807

    Sales

  • Current Sale Contract Date: May 18, 2007
  • Current Sale Recording Date: May 25, 2007
  • Current Sale Transaction ID: 1196881877
  • Current Sale Price: $181,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BRANCH BANKING AND TRUST CO
  • First Mortgage Transaction Date: May 25, 2007
  • First Mortgage Loan Amount: $171,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2037

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Frequently Asked Questions

What neighborhood is 707 Locust Drive located in?
The 707 Locust Drive is a located in the neighborhood of Durham in Durham, Durham.
What is the average sales price for listings in 707 Locust Drive?
The average sales price for units in 707 Locust Drive is $0 currently.

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