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8 Orvieto Way

8 Orvieto Way, Durham, NC 27707
Property in Farrington
Sold Feb 11, 2019
$205,000
$900,000 by Tom Chan
Mortgage
Sold Dec 07, 2016
$205,000
Buyer
8 Orvieto Way in Durham, NC was first built in 2019 and is 5 years old. 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. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 8 Orvieto Way has 4,198 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 27,878 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Feb 11, 2019 for $205,000. That's $48.83 per sqft. Prior to that sales transaction, the property was also sold in Nov 29, 2016 for $205,000. 8 Orvieto Way was last assessed in 2023. The total value of the property was assessed at $1,063,581. Specifically, the land the property is located on was valued at $163,700. While improvements on the property were assessed at a total of $899,881. 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 $13,932. The initial tax year of delinquency was in 2021. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Style: Conventional
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 27,878
  • Lot Size Frontage Feet: 0
  • Total Building Area: 4,198
  • Building Area: 4,198
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 4,198
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAIDA VALE
  • Land Acres: 0.64
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MAIDA VALE/LT#50 PL000173-000075

Ownership

  • Current Owner : CHAN ANTHONY
  • Previous Owner : CHAN TOM
  • Previous Owner 2: CHAN ROSE
  • Owner Before Previous Owner: MAIDA VALE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 002033

Zoning

  • Zoning: PDR 1.730

Geography

  • Assessors Map Reference: BK 173 PG 75
  • Parcel: 206662
  • Lot: 50
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9284
  • Longitude: -78.9985

    Address

  • Full Address: 8 Orvieto Way
  • Address - House Number: 8
  • Address - Street Name: Orvieto
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Durham
  • Carrier Code: R007
  • 4-Digit Zip Code: 9208
  • Zip Code: 27707

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $13,932
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.128
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 85
  • Final Value: 1,431,175
  • High Value: 1,614,469
  • Low Value: 1,247,881

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $900,000
  • First Open Lien Mortgage Lender: TOM CHAN
  • First Open Lien Mortgage Recording Date: Feb 11, 2019
  • First Open Lien Mortgage Loan Amount: $900,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $1,063,581
  • Market Land Value: $163,700
  • Market Improvement Value: $899,881

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,063,581
  • Assessed Land Value: $163,700
  • Assessed Improvements Value: $899,881

    Sales

  • Current Sale Contract Date: Feb 11, 2019
  • Current Sale Recording Date: Feb 11, 2019
  • Current Sale Transaction ID: 11570712972
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019004050
  • Previous Sale Recording Date: Dec 07, 2016
  • Previous Sale Contract Date: Nov 29, 2016
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOM CHAN
  • First Mortgage Transaction Date: Feb 11, 2019
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

About Farrington



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Frequently Asked Questions

What neighborhood is 8 Orvieto Way located in?
The 8 Orvieto Way is a located in the neighborhood of Farrington in Farrington, Durham.
What is the average sales price for listings in 8 Orvieto Way?
The average sales price for units in 8 Orvieto Way is $0 currently.

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