NOT LISTED FOR SALE

512 Phar Lap Ln Bahama, NC 27503

Estimated Value: $520,000 - $565,000

3 Beds
2.5 Baths
2,520 Sq Ft
$214/Sq Ft Est. Value

Sale Details

Date Sold: October 3, 2022

Last sale price $507,000 $201 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,246 / mo

3 Days on Market

Highlights

  • Horses Allowed On Property
  • Deck
  • Transitional Architecture
  • Clubhouse
  • Wooded Lot
  • Cathedral Ceiling

About This Home

As of October 2022

Beautiful move-in ready home in desirable Black Horse Run! A short drive up the road from downtown Durham. Spacious floorplan with first floor primary suite with dual vanities, first floor laundry. Extensive hardwoods, granite countertops, kitchen opens to Great Room with soaring ceilings, professionally landscaped yard, covered porch plus large deck for entertaining. Equestrian neighborhood - see majestic horses on your walks or bring your own horse with you!

Last Agent to Sell the Property

Sue Gryson

CAPITAL TO COAST REALTY COMPANY License #331354 Listed on: 08/12/2022

CAPITAL TO COAST REALTY COMPANY

Last Buyer's Agent

Calile DeThomas

Century 21 Triangle Group License #308880

Century 21 Triangle Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,686

Year Built

  • Built in 2002

Lot Details

  • 40,903 Sq Ft Lot
  • Lot Dimensions are 50.5 x 295.67 x 220 x 343.15
  • Fenced Yard
  • Landscaped
  • Wooded Lot

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick Veneer

Interior Spaces

  • 2,520 Sq Ft Home
  • 1.5-Story Property
  • Central Vacuum
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Propane Fireplace
  • Insulated Windows
  • Blinds
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Storage
  • Crawl Space
  • Attic Floors

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Mangum Elementary School
  • Lucas Middle School
  • Northern High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Propane
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Water Purifier
  • Water Softener
  • Septic Tank
  • Cable TV Available

Additional Features

  • Accessible Washer and Dryer
  • Horses Allowed On Property

Community Details

Overview

  • Black Horse Run Of Durham Association, Phone Number (919) 724-4476
  • Built by 3D Builders
  • Black Horse Run Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,686

Year Built

Built in 2002

Lot Details

0.94 Acres

HOA Fees

$72 per month

Parking

2

Listing Details

  • Builder Name: 3D Builders
  • Year Built: 2002
  • Prop. Type: Residential
  • Horses: Yes
  • Subdivision Name: Black Horse Run
  • Above Grade Finished Sq Ft: 2520.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 327.0
  • General Property Information Total Unfinished Area2: 327.0
  • General Property Information Lot Size Dimensions: 50.5 x 295.67 x 220 x 343.15
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Great Room2: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 919-724-4476
  • Flooring Laminate: Yes
  • Levels One and One Half: Yes
  • Water Softeners: Yes
  • General Property Information Horse YN2: Yes
  • General Property Information Above Grade Finished Area: 2520.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 40902.84
  • General Property Information Lot Size Acres: 0.939
  • General Property Information:Living Area3: 2520.0
  • General Property Information Builder Name: 3D Builders
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Central Vacuum, Entrance Foyer, Granite Counters, High Ceilings, Primary Downstairs, Separate Shower, Smooth Ceilings, Storage, Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Range Hood, Refrigerator, Washer, Water Purifier, Water Softener
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room, Propane
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Propane: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Attic Features:Floored: Yes
  • Interior Features:Central Vacuum: Yes
  • Attic Features:Walk-In Attic: Yes
  • Appliances:Water Purifier: Yes
  • Fireplace Features:Great Room: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Lighting, Rain Gutters
  • Acres: 0.94
  • Construction Type: Brick Veneer
  • Patio And Porch Features: Covered, Deck, Porch
  • Accessibility Features:Accessible WasherDryer: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Brick Veneer: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Lighting: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Heat Pump, Propane, Zoned
  • Cooling: Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Community Features: Pool, Street Lights
  • Association Fee: 859.0
  • Association Fee Frequency: Annually
  • Association Name: Black Horse Run of Durham
  • Phone: 919-724-4476
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Black Horse Run of Durham
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 859.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Durham - Northern
  • Middle Or Junior School: Durham - Lucas

Lot Info

  • Zoning: Res
  • Lot Dimensions: 50.5 x 295.67 x 220 x 343.15
  • Lot Size Sq Ft: 40902.84
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2686.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Durham - Mangum

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Sep 3, 2022
Sold by
Gallo Peter William and Lindsay Alyce
Bought by
Ozaki Daniel and Bekker Valerie
Seller's Agent
Sue Gryson
CAPITAL TO COAST REALTY COMPANY
Buyer's Agent
Calile DeThomas
Century 21 Triangle Group
List Price
$490,000
Sold Price
$507,000
Premium/Discount to List
$17,000
3.47%
Current Estimated Value
$540,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,539
Avg. Annual Appreciation
1.82%
Original Mortgage
$370,000
Outstanding Balance
$353,149
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$187,390

Purchase Details

Closed on
Sep 18, 2020
Sold by
Murray Kathy H and Kathy H Murray Revocable Trust
Bought by
Gallo Peter and Gallo Lidnsay A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2006
Sold by
Coates Rhonda L
Bought by
Murray Robert E and Murray Kathy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 16, 2002
Sold by
3-D Builders Inc
Bought by
Coates Rhonda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,576
Interest Rate
6.07%

Purchase Details

Closed on
Jul 2, 2002
Sold by
Gunter Gaffney W and Gunter Felicia D
Bought by
3-D Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.79%
Mortgage Type
Construction
Source: Public Records
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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
Ozaki Daniel $507,000 --
Gallo Peter $370,000 None Available
Murray Robert E $295,000 None Available
Coates Rhonda L $294,500 --
3-D Builders Inc $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozaki Daniel $370,000
Previous Owner Gallo Peter $351,500
Previous Owner Murray Robert E $236,000
Previous Owner Coates Rhonda L $235,576
Previous Owner 3-D Builders Inc $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $507,000 -- --
10/03/2022 10/03/22 Sold $507,000 +3.5% $201 / Sq Ft
08/14/2022 08/14/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $490,000 -- $194 / Sq Ft
Source: Doorify MLS

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 $3,698 $532,411 $82,450 $449,961
2024 $3,051 $312,117 $33,950 $278,167
2023 $2,889 $301,246 $33,915 $267,331
2022 $2,686 $301,246 $33,915 $267,331
2021 $2,473 $301,246 $33,915 $267,331
2020 $2,443 $301,246 $33,915 $267,331
2019 $2,443 $301,246 $33,915 $267,331
2018 $2,205 $251,557 $24,225 $227,332
2017 $2,180 $251,557 $24,225 $227,332
2016 $2,111 $251,557 $24,225 $227,332
2015 $2,536 $268,815 $46,698 $222,117
2014 $2,536 $268,815 $46,698 $222,117
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2467971

Doorify MLS

APN: 190493

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