NOT LISTED FOR SALE

310 Derwin Dr Timberlake, NC 27583

Estimated Value: $473,000 - $600,770

1.12 Acres
$472,271 Price per Acre
48,787 Sq Ft Lot

Last Sold February 10, 2022

Last sale price $40,000

Est. 1,222% increase in value since last sale

Current estimated payment $3,138/month

241 Days on Market

About This Lot

As of February 2022

Gorgeous, FLAT lot in Timberlake Meadow's Community. Huge 1.1 acre lot has wooded view. Community is approx. 1 mile off US-501N. Minutes to shopping and dining. Convenient to downtown Durham & RTP. Community offers City Water! Bring your own builder; restrictive covenants apply. Conveniences of the city with the serenity of the country.

Last Agent to Sell the Property

Lori Boyle

Fathom Realty NC, LLC License #211479 Listed on: 02/26/2021

Fathom Realty NC, LLC

Last Buyer's Agent

Lori Boyle

Howard Perry & Walston/Heritag

Property Details

Property Type

  • Land

Lot Details

  • 1.12 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Schools

  • Helena Elementary School
  • Southern Middle School
  • Person High School

Utilities

  • Perc Test On File For Septic Tank
  • Septic Needed
  • Phone Available
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Timberlake Meadows Subdivision
  • The community has rules related to alterations or architectural changes

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Timberlake Meadows
  • Water Source Public: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Gorgeous, FLAT lot in Timberlake Meadow's Community. Huge 1.1 acre lot has wooded view. Community is approx. 1 mile off US-501N. Minutes to shopping and dining. Convenient to downtown Durham & RTP. Community offers City Water! Bring your own builder; restrictive covenants apply. Conveniences of the city with the serenity of the country.
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Restrictions Architectural Review: Yes
  • Vegetation Cleared2: Yes
  • Sewer Perc Test On File: Yes
  • General Property Information Lot Size Acres: 1.12
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.12
  • Lot Features:Level: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Person - Person
  • Middle Or Junior School: Person - Southern

Lot Info

  • Current Use: Unimproved, Vacant
  • Lot Size Sq Ft: 48787.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Person - Helena

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2022
Sold by
Knight Home Builders Llc
Bought by
Hullibarger Alec Jeffrey and Hullibarger Kristin Barbara
Current Estimated Value
$528,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Outstanding Balance
$284,395
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$244,548

Purchase Details

Closed on
Aug 29, 2022
Sold by
Jeffery Hullibarger Alec and Barba Kristin
Bought by
Reiter Cory R and Smallidge Katie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Outstanding Balance
$284,395
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$244,548
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hullibarger Alec Jeffrey $470,500 --
Hullibarger Alec Jeffrey $470,500 None Listed On Document
Reiter Cory R $320,000 --
Reiter Cory R $320,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hullibarger Alec Jeffrey $297,000
Closed Hullibarger Alec Jeffrey $297,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $40,000 -- --
02/10/2022 02/10/22 Sold $40,000 0.0% --
10/25/2021 10/25/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $40,000 0.0% --
05/27/2021 05/27/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $40,000 -- --
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,403 $654,807 $0 $0
2024 $3,571 $460,214 $0 $0
2023 $3,550 $457,516 $0 $0
2022 $0 $40,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2369137

Doorify MLS

APN: A64-546