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7892 Elizabeth Drive

7892 Elizabeth Drive, Oak Ridge, NC 27310
Property in Guilford
1 Units For Sale
Unit for sale at 7892 Elizabeth Drive, Oak Ridge, NC 27310

$1,250,000

  • Loft
  • 5.5 Baths
7892 Elizabeth Drive, Oak Ridge, NC 27310 Listing by Maria Ticra

Local assessors in Oak Ridge, NC have categorized 7892 Elizabeth Drive as a residential type of property. The home was built in 2005 and is 19 years old. It was most recently renovated and altered in 2015. The property's lot size has been calculated to be 105,851 square feet. The linear feet between the front and back of the lot was measured at 3,200 ft and the front of the lot was measured at 2,880 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 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 4 full bathrooms. There are also 5 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7892 Elizabeth Drive has a total of 6,485 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 777 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable or hip style roof that was made of asphalt. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7892 Elizabeth Drive sold most recently in Mar 4, 2005 for a total of $588,000. If you work out the math, that's approximately a cost of $90.67 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,270 in taxes each year. 7892 Elizabeth Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $690,400. If we break it down further, the land itself was valued at $115,300. Improvements to the property, however, were assessed at a total of $575,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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 description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: B
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 777
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 105,851
  • Lot Size Depth Feet: 3,200
  • Lot Size Frontage Feet: 2,880
  • Total Building Area: 6,485
  • Gross Building Area: 6,485
  • Building Area: 6,485
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 6,485
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK RIDGE LK
  • Land Acres: 2.43
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2.43AC L58 PH2 PB143-27 OAK RIDGE LK PL143-27

Ownership

  • Current Owner : DORGU GEORGE
  • Current Owner 2: DORGU LISA C
  • Previous Owner : PARKER & ORLEANS HOMEBUILDERS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Guilford County Schools
  • School Tax School District: OAK RIDGE
  • Census Tract: 016003

Zoning

  • Zoning: RS-40

Geography

  • Assessors Map Reference: A-0054
  • Account Number: 3959538002
  • District: 16
  • Parcel: 0162671
  • Block: 10520
  • Lot: 58
  • Meridian: TWN 16
  • Municipality: OAK RIDGE
  • Latitude: 36.1732
  • Longitude: -79.9687

    Address

  • Full Address: 7892 Elizabeth Dr
  • Address - House Number: 7892
  • Address - Street Name: Elizabeth
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Oak Ridge
  • Carrier Code: R001
  • 4-Digit Zip Code: 8734
  • Zip Code: 27310

Valuation

    Tax

  • Total Area: 4,265
  • Tax Year: 2023
  • Tax Amount: $6,270
  • Tax Rate Code Area: 32

    Appraisal Valuation

  • Standard Deviation: 0.1728
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 1,076,267
  • High Value: 1,262,256
  • Low Value: 890,277

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: SOUTHERN FIRST BANK
  • First Open Lien Mortgage Recording Date: Jan 26, 2022
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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 21, 2052
  • Second Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Mar 09, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 09, 2052

    Market Valuation

  • Market Total Value: $690,400
  • Market Land Value: $115,300
  • Market Improvement Value: $575,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $690,400
  • Assessed Land Value: $115,300
  • Assessed Improvements Value: $575,100

    Sales

  • Current Sale Contract Date: Mar 04, 2005
  • Current Sale Recording Date: May 10, 2005
  • Current Sale Transaction ID: 1197247517
  • Current Sale Price: $588,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 960059

    Last Sale Mortgage

  • First Mortgage Lender: ARGENT MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: May 10, 2005
  • First Mortgage Loan Amount: $528,431
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Jun 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Oak Ridge



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7892 Elizabeth Drive located in?
The 7892 Elizabeth Drive is a located in the neighborhood of Guilford in Oak Ridge, Oak Ridge.
How many listings are currently for sale in 7892 Elizabeth Drive?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 7892 Elizabeth Drive?
The average sales price for units in 7892 Elizabeth Drive is $1,250,000 currently.

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