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7509 Russell Road

7509 Russell Road, Durham, NC 27712
Property in Durham
Sold Nov 09, 2016
$135,000
$132,456 by Pnc Bank Na
Mortgage Due Dec 01, 2046
Sold Oct 29, 2002
$40,000
$103,380 by Dba Affordable Funding
Mortgage Due Dec 01, 2032
Local assessors in Durham, NC have categorized 7509 Russell Road as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 92,783 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. 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, 3 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 7509 Russell Road has a total of 1,344 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. 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, 7509 Russell Road sold most recently in Nov 8, 2016 for a total of $135,000. If you work out the math, that's approximately a cost of $100.45 per sqft. Before that, the property was also sold for $40,000 in Oct 28, 2002. 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 $1,388 in taxes each year. 7509 Russell Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $131,622. If we break it down further, the land itself was valued at $53,156. Improvements to the property, however, were assessed at a total of $78,466. 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: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 92,783
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,344
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2.13
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: PROP-RILEY FLOYD PL000082-000027

Ownership

  • Current Owner : JACOBY BRIAN C
  • Previous Owner : TALBOTT MARION O
  • Owner Before Previous Owner: RILEY STACY M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax School District: LEBANON
  • Census Tract: 001604

Zoning

  • Zoning: RES_RURAL_

Geography

  • Assessors Map Reference: BK 82 PG 27
  • Parcel: 186940
  • Municipality: CNTY-DRHM FD-LEBANON
  • Latitude: 36.1161
  • Longitude: -78.9438

    Address

  • Full Address: 7509 Russell Rd
  • Address - House Number: 7509
  • Address - Street Name: Russell
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Durham
  • Carrier Code: R009
  • 4-Digit Zip Code: 9640
  • Zip Code: 27712

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,388

    Appraisal Valuation

  • Standard Deviation: 0.1723
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 77
  • Final Value: 275,414
  • High Value: 322,870
  • Low Value: 227,959

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $152,456
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Nov 09, 2016
  • First Open Lien Mortgage Loan Amount: $132,456
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2046
  • Second Open Lien Mortgage Lender: PNC BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Jan 23, 2023
  • Second Open Lien Mortgage Loan Amount: $20,000
  • Second Open Lien Mortgage Term: 479
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 15, 2063

    Market Valuation

  • Market Total Value: $131,622
  • Market Land Value: $53,156
  • Market Improvement Value: $78,466

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $131,622
  • Assessed Land Value: $53,156
  • Assessed Improvements Value: $78,466

    Sales

  • Current Sale Contract Date: Nov 08, 2016
  • Current Sale Recording Date: Nov 09, 2016
  • Current Sale Transaction ID: 1866365303
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016039315
  • Previous Sale Recording Date: Oct 29, 2002
  • Previous Sale Contract Date: Oct 28, 2002
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Nov 09, 2016
  • First Mortgage Loan Amount: $132,456
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: DBA AFFORDABLE FUNDING
  • Previous Mortgage Transaction Date: Oct 29, 2002
  • Previous Mortgage Loan Amount: $103,380
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Dec 01, 2032

About Durham



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Frequently Asked Questions

What neighborhood is 7509 Russell Road located in?
The 7509 Russell Road is a located in the neighborhood of Durham in Durham, Durham.
What is the average sales price for listings in 7509 Russell Road?
The average sales price for units in 7509 Russell Road is $0 currently.

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