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5001 Timmons Drive

5001 Timmons Drive, Durham, NC 27713
Property in Parkwood
Sold Mar 05, 2004
$137,500
Local assessors in Durham, NC have categorized 5001 Timmons Drive as a residential type of property. The home was built in 1976 and is 48 years old. The property's lot size has been calculated to be 13,939 square feet. The linear feet between the front and back of the lot was measured at 1,580 ft and the front of the lot was measured at 990 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 4 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5001 Timmons Drive has a total of 1,694 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a roof that is made of asphalt. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5001 Timmons Drive sold most recently in Feb 3, 2004 for a total of $137,500. If you work out the math, that's approximately a cost of $81.17 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 $2,532 in taxes each year. 5001 Timmons Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $193,318. If we break it down further, the land itself was valued at $35,926. Improvements to the property, however, were assessed at a total of $157,392. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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: 1976
  • Effective Year Built: 1976
  • Total Rooms: 5
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick veneer
  • 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: 13,939
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 990
  • Total Building Area: 1,694
  • Building Area: 1,694
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,694
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRKWOOD SEC 15
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARKWOOD/SEC:15/LT#778 PL000085-000046

Ownership

  • Current Owner : DONALDSON LARRY
  • Current Owner 2: YU CHI
  • Previous Owner : BHANGOO SUKHWANT
  • Previous Owner 2: BHANGOO JHARMAL

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 002013

Zoning

  • Zoning: RS-10

Geography

  • Assessors Map Reference: BK 85 PG 46
  • Section: 15
  • Parcel: 152409
  • Lot: 778
  • Municipality: CITY OF DURHAM
  • Latitude: 35.8987
  • Longitude: -78.9134

    Address

  • Full Address: 5001 Timmons Dr
  • Address - House Number: 5001
  • Address - Street Name: Timmons
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Durham
  • Carrier Code: C006
  • 4-Digit Zip Code: 2353
  • Zip Code: 27713

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,532

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 78
  • Final Value: 388,519
  • High Value: 454,371
  • Low Value: 322,668

    Market Valuation

  • Market Total Value: $193,318
  • Market Land Value: $35,926
  • Market Improvement Value: $157,392

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,318
  • Assessed Land Value: $35,926
  • Assessed Improvements Value: $157,392

    Sales

  • Current Sale Contract Date: Feb 03, 2004
  • Current Sale Recording Date: Mar 05, 2004
  • Current Sale Transaction ID: 1106629466
  • Current Sale Price: $137,500
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COASTAL FCU
  • First Mortgage Transaction Date: Mar 05, 2004
  • First Mortgage Loan Amount: $109,747
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 01, 2034

About Parkwood



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Frequently Asked Questions

What neighborhood is 5001 Timmons Drive located in?
The 5001 Timmons Drive is a located in the neighborhood of Parkwood in Parkwood, Durham.
What is the average sales price for listings in 5001 Timmons Drive?
The average sales price for units in 5001 Timmons Drive is $0 currently.

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