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1406 Fay Street

1406 Fay Street, Durham, NC 27701
Property in East Durham
Sold Sep 16, 2015
$34,500
$1,999,990 by Finance Of America Commercial
Mortgage
Sold May 12, 2003
$27,000
$21,600 by Central Carolina Bank
Mortgage
1406 Fay Street in Durham, NC was first built in 1966 and is 58 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 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1406 Fay Street has 1,080 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. The linear feet across the front of the lot is 440 ft and the linear feet between the front and back of the lot is 2,980. In total, the area measurement of the land is 6,970 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing a radiant heating system. The property was last sold in Aug 25, 2015 for $34,500. That's $31.94 per sqft. Prior to that sales transaction, the property was also sold in May 6, 2003 for $27,000. 1406 Fay Street was last assessed in 2023. The total value of the property was assessed at $133,865. Specifically, the land the property is located on was valued at $25,987. While improvements on the property were assessed at a total of $107,878. 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 $1,754. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1966
  • Effective Year Built: 1966
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 2,980
  • Lot Size Frontage Feet: 440
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Heated Area

    Heating and Cooling

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

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROP-EVANS JAMES R
  • Land Acres: 0.16
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: PROP-EVANS JAMES R/LT#03 PL000008-000006

Ownership

  • Current Owner : JOSHUA JENSEN ENTERPRISES LLC
  • Previous Owner : KOUZEL RICHARD L
  • Previous Owner 2: KOUZEL JULIE B
  • Owner Before Previous Owner: DEUTSCHE BANK TRUST CO AMERICAS
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 001002

Zoning

  • Zoning: RS-M

Geography

  • Assessors Map Reference: BK 8 PG 6
  • Parcel: 113316
  • Lot: 3
  • Municipality: CITY OF DURHAM
  • Latitude: 36.0003
  • Longitude: -78.8794

    Address

  • Full Address: 1406 Fay St
  • Address - House Number: 1406
  • Address - Street Name: Fay
  • Address - Suffix Type: St
  • State: NC
  • City Name: Durham
  • Carrier Code: C025
  • 4-Digit Zip Code: 2722
  • Zip Code: 27701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,754

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 78
  • Final Value: 292,387
  • High Value: 341,945
  • Low Value: 242,829

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,999,990
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA COMMERCIAL
  • First Open Lien Mortgage Recording Date: Apr 02, 2018
  • First Open Lien Mortgage Loan Amount: $1,999,990
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $133,865
  • Market Land Value: $25,987
  • Market Improvement Value: $107,878

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,865
  • Assessed Land Value: $25,987
  • Assessed Improvements Value: $107,878

    Sales

  • Current Sale Contract Date: Aug 25, 2015
  • Current Sale Recording Date: Sep 16, 2015
  • Current Sale Transaction ID: 1362258449
  • Current Sale Price: $34,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015031118
  • Previous Sale Recording Date: May 12, 2003
  • Previous Sale Contract Date: May 06, 2003
  • Previous Sale Amount: $27,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JENNY LEE
  • First Mortgage Transaction Date: Sep 16, 2015
  • First Mortgage Loan Amount: $60,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: CENTRAL CAROLINA BANK
  • Previous Mortgage Transaction Date: May 12, 2003
  • Previous Mortgage Loan Amount: $21,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About East Durham



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Frequently Asked Questions

What neighborhood is 1406 Fay Street located in?
The 1406 Fay Street is a located in the neighborhood of East Durham in East Durham, Durham.
What is the average sales price for listings in 1406 Fay Street?
The average sales price for units in 1406 Fay Street is $0 currently.

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