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8501 Billet Place

8501 Billet Place, Oak Ridge, NC 27310
House in Guilford
Sold Oct 27, 2020
$550,000
$440,000 by Quicken Loans Llc
Mortgage Due Nov 01, 2050
Sold Apr 15, 2019
$9,184
Local assessors in Oak Ridge, NC have categorized 8501 Billet Place as a residential type of property. The home was built in 2015 and is 9 years old. The property's lot size has been calculated to be 40,511 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, 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 8501 Billet Place has a total of 3,492 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 639 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 26, 2020 for $550,000. That's $157.50 per sqft. Prior to that sales transaction, the property was also sold in Apr 15, 2019 for $9,184. 8501 Billet Place was last assessed in 2023. The total value of the property was assessed at $537,800. Specifically, the land the property is located on was valued at $78,000. While improvements on the property were assessed at a total of $459,800. 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 $4,884. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

Building Features

Exterior

Brick Exterior
Stone Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Quality: B
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 639
  • Parking Space Count: 4
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 40,511
  • Total Building Area: 3,492
  • Gross Building Area: 3,492
  • Building Area: 3,492
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,492
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BILLET PLACE
  • Land Acres: 0.93
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BILLET PLACE LO1 PL138-98

Ownership

  • Current Owner : ZHANG PING
  • Current Owner 2: NG SHEUNG
  • Previous Owner : CAMPBELL BRIAN A
  • Previous Owner 2: CAMPBELL DANA C
  • Owner Before Previous Owner: CHASE MARGARET M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Guilford County Schools
  • School Tax School District: OAK RIDGE
  • Census Tract: 016201

Zoning

  • Zoning: AG

Geography

  • Assessors Map Reference: MAP 7807681167
  • District: 16
  • Parcel: 0222899
  • Lot: 1
  • Municipality: OAK RIDGE
  • Latitude: 36.1588
  • Longitude: -79.9954

    Address

  • Full Address: 8501 Billet Pl
  • Address - House Number: 8501
  • Address - Street Name: Billet
  • Address - Suffix Type: Pl
  • State: NC
  • City Name: Oak Ridge
  • Carrier Code: R004
  • 4-Digit Zip Code: 9806
  • Zip Code: 27310

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,884

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 71
  • Final Value: 705,875
  • High Value: 852,644
  • Low Value: 559,105

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $440,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Loan Amount: $440,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $537,800
  • Market Land Value: $78,000
  • Market Improvement Value: $459,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $537,800
  • Assessed Land Value: $78,000
  • Assessed Improvements Value: $459,800

    Sales

  • Current Sale Contract Date: Oct 26, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Transaction ID: 11799769409
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020068103
  • Previous Sale Recording Date: Apr 15, 2019
  • Previous Sale Contract Date: Apr 15, 2019
  • Previous Sale Amount: $9,184
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Oct 27, 2020
  • First Mortgage Loan Amount: $440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 8501 Billet Place located in?
The 8501 Billet Place is a house located in the neighborhood of Guilford in Oak Ridge, Oak Ridge.
What is the average sales price for listings in 8501 Billet Place?
The average sales price for units in 8501 Billet Place is $540,000 currently.

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