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805 Market House Way

805 Market House Way, Hillsborough, NC 27278
Property in Orange
Sold Jun 12, 2020
$401,500
$125,000 by Citizens Bank Na
Mortgage Due Jul 01, 2035
Sold Nov 26, 2019
$232,000
$244,427 by Aquesta Bank
Mortgage
Local assessors in Hillsborough, NC have categorized 805 Market House Way as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 3,920 square feet. 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, 2 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 3 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 805 Market House Way has a total of 2,038 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. The property was last sold in May 26, 2020 for $401,500. That's $197.01 per sqft. Prior to that sales transaction, the property was also sold in Nov 25, 2019 for $232,000. 805 Market House Way was last assessed in 2023. The total value of the property was assessed at $389,000. Specifically, the land the property is located on was valued at $75,000. While improvements on the property were assessed at a total of $314,000. 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 $5,750. The initial tax year of delinquency was in 2022. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 2,038
  • Building Area: 2,038
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,038
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORBINTON COMMONS
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential
  • Legal Description 1: 27 CORBINTON COMMONS P115/187-193

Ownership

  • Current Owner : NAGY MICHAEL
  • Current Owner 2: NAGY CAROL
  • Previous Owner : BLUE HEEL CORBINTON LLC
  • Owner Before Previous Owner: KEPSC HILLSBOROUGH LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orange County Schools
  • Census Tract: 011001

Geography

  • Assessors Map Reference: 5843/457
  • Parcel: 9874-38-5556
  • Municipality: HILLSBOROUGH TWP
  • Latitude: 36.0815
  • Longitude: -79.0896

    Address

  • Full Address: 805 Market House Way
  • Address - House Number: 805
  • Address - Street Name: Market House
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Hillsborough
  • Carrier Code: R015
  • 4-Digit Zip Code: 9986
  • Zip Code: 27278

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,750
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: ORAG,HILL

    Appraisal Valuation

  • Standard Deviation: 0.1648
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 79
  • Final Value: 606,513
  • High Value: 706,485
  • Low Value: 506,540

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,000
  • First Open Lien Mortgage Lender: CITIZENS BANK NA
  • First Open Lien Mortgage Recording Date: Jun 12, 2020
  • First Open Lien Mortgage Loan Amount: $125,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2035

    Market Valuation

  • Market Total Value: $389,000
  • Market Land Value: $75,000
  • Market Improvement Value: $314,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $389,000
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $314,000

    Sales

  • Current Sale Contract Date: May 26, 2020
  • Current Sale Recording Date: Jun 12, 2020
  • Current Sale Transaction ID: 11769622980
  • Current Sale Price: $401,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 30022952
  • Previous Sale Recording Date: Nov 26, 2019
  • Previous Sale Contract Date: Nov 25, 2019
  • Previous Sale Amount: $232,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BANK NA
  • First Mortgage Transaction Date: Jun 12, 2020
  • First Mortgage Loan Amount: $125,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: AQUESTA BANK
  • Previous Mortgage Transaction Date: Nov 26, 2019
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $244,427
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 805 Market House Way located in?
The 805 Market House Way is a located in the neighborhood of Orange in Hillsborough, Hillsborough.
What is the average sales price for listings in 805 Market House Way?
The average sales price for units in 805 Market House Way is $0 currently.

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