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903 Colfax Street

903 Colfax Street, Durham, NC 27701
Property in Durham
Sold Mar 22, 2017
$108,000
$100,600 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2047
Sold Mar 09, 2016
Transfer
Local assessors in Durham, NC have categorized 903 Colfax Street as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 8,712 square feet. The linear feet between the front and back of the lot was measured at 1,780 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional 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, 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 is one full bathroom. There are also 2 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 903 Colfax Street has a total of 1,080 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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 903 Colfax Street sold most recently in Feb 24, 2017 for a total of $108,000. If you work out the math, that's approximately a cost of $100.00 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 $1,167 in taxes each year. 903 Colfax Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $89,098. If we break it down further, the land itself was valued at $24,000. Improvements to the property, however, were assessed at a total of $65,098. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Conventional
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,780
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PROP-VICKERS MARTHA/LT#18 PT PL00003A-000021

Ownership

  • Current Owner : SNYDER JOY E
  • Previous Owner : FUNES MAURICIO A
  • Owner Before Previous Owner: BARRON JACQUELINE R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 001400

Zoning

  • Zoning: RU-5(2)

Geography

  • Assessors Map Reference: BK 3A PG 21
  • Parcel: 118052
  • Lot: 18
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9805
  • Longitude: -78.8932

    Address

  • Full Address: 903 Colfax St
  • Address - House Number: 903
  • Address - Street Name: Colfax
  • Address - Suffix Type: St
  • State: NC
  • City Name: Durham
  • Carrier Code: C022
  • 4-Digit Zip Code: 4312
  • Zip Code: 27701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,167

    Appraisal Valuation

  • Standard Deviation: 0.276
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 60
  • Final Value: 225,940
  • High Value: 288,313
  • Low Value: 163,567

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $106,600
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Mar 22, 2017
  • First Open Lien Mortgage Loan Amount: $100,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2047
  • Second Open Lien Mortgage Lender: DHIC
  • Second Open Lien Mortgage Recording Date: Mar 22, 2017
  • Second Open Lien Mortgage Loan Amount: $6,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2047

    Market Valuation

  • Market Total Value: $89,098
  • Market Land Value: $24,000
  • Market Improvement Value: $65,098

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,098
  • Assessed Land Value: $24,000
  • Assessed Improvements Value: $65,098

    Sales

  • Current Sale Contract Date: Feb 24, 2017
  • Current Sale Recording Date: Mar 22, 2017
  • Current Sale Transaction ID: 1807163181
  • Current Sale Price: $108,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017009373
  • Previous Sale Recording Date: Mar 09, 2016
  • Previous Sale Contract Date: Feb 04, 2016
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Mar 23, 2017
  • First Mortgage Loan Amount: $100,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2047
  • Second Mortgage Lender: DHIC
  • Second Mortgage Transaction Date: Mar 23, 2017
  • Second Mortgage Loan Amount: $6,000
  • Second Mortgage Terms: 360

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Frequently Asked Questions

What neighborhood is 903 Colfax Street located in?
The 903 Colfax Street is a located in the neighborhood of Durham in Durham, Durham.
What is the average sales price for listings in 903 Colfax Street?
The average sales price for units in 903 Colfax Street is $0 currently.

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