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3862 Somerset Dr; Durham, NC Property Details

3862 Somerset Dr, Durham, NC is a Single Family that was built in 1971. This property is currently Financed and is not for sale. Our records show that 3862 Somerset Dr has 4 bedrooms, and 3.5 bathrooms, and a total of 3,574 square feet. The lot size of 3862 Somerset Dr is 37,026 square feet.

Off market
3862 Somerset Dr Durham, NC 27707
$1,044,268 Estimated Value
4 Beds
3.5 Baths
3,574 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1971
  • Purchase Price: $975,000
  • Open Loans / Balance: 1 / $609,432
  • Est. Equity / %: $695,568 / 53.3%
  • Gross Yield: 6.817%
  • APN: 124406
  • Situs County: Durham
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 2
  • Exterior Wall Type: Brick veneer
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 3,574/SqFt
  • Lot: 37,026/SqFt
  • Garage: 338/SqFt
  • Living: 3,574/SqFt
  • Basement: 532/SqFt
  • Building: 3,574/SqFt
  • Ground: 1,716/SqFt
  • Garage Unfinished: 338/SqFt
  • Basement Unfinished: 532/SqFt
  • Price Per Square Foot: $272.80

Legal Description

  • Description: HOPE VALLEY/NORTON SEC/BL K:B/LT#12 & LT#13 PL:000024-000061
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.942913 / -78.95483
  • Subdivision: Hpvl/Norton Sec/Blk Abcd
  • Property Class: Residential
  • Zoning: RS-10
  • County Use Code: 111

Amenities

  • Plus Four: 5017
  • Bathroom Fixtures: 14
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

3862 Somerset Dr has no associated ownership info
3862 Somerset Dr has no associated ownership info.

Taxes

3862 Somerset Dr has 10 associated Taxes items

3862 Somerset Dr, Durham, NC pays taxes in Durham County, NC. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $1,044,268. The APN we've located for 3862 Somerset Dr is 124406.

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Taxes
  • Assessed Value:  $1,044,268
  • Assessed Year:  2026
  • Assessed County:  Durham
  • APN:  124406
  • Assessed Land Value:  462500
  • Market Land Value:  462500
  • Tax Amount:  10351.83
  • Tax Year:  2025
  • Market Value:  1044268
  • Market Year:  2026

Tax History

3862 Somerset Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,044,268 Land Value $462,500 Improvement Value $581,768 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $10,351.83 Change Rate +0.240754% Assessed CR Tax Rate
Year 2024 Assessed Value $598,433 Land Value $185,300 Improvement Value $413,133 Tax Amount $8,343.18 Change Rate +0.064333% Assessed CR Tax Rate +0.013942%
Year 2023 Assessed Value $598,433 Land Value $185,300 Improvement Value $413,133 Tax Amount $7,838.88 Change Rate +0.023441% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $598,433 Land Value $185,300 Improvement Value $413,133 Tax Amount $7,659.34 Change Rate +0.00471% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $598,433 Land Value $185,300 Improvement Value $413,133 Tax Amount $7,623.43 Change Rate +0.024116% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $598,433 Land Value $185,300 Improvement Value $413,133 Tax Amount $7,443.91 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $598,433 Land Value $185,300 Improvement Value $413,133 Tax Amount $7,443.91 Change Rate -0.119383% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $623,152 Land Value $115,812 Improvement Value $507,340 Tax Amount $8,453.06 Change Rate +0.007427% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $623,152 Land Value $115,812 Improvement Value $507,340 Tax Amount $8,390.74 Change Rate +0.034893% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $623,152 Land Value $115,812 Improvement Value $507,340 Tax Amount $8,107.83 Change Rate +0.254851% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $466,747 Land Value $116,196 Improvement Value $350,551 Tax Amount $6,461.19 Change Rate +0.000002% Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $466,747 Land Value $116,196 Improvement Value $350,551 Tax Amount $6,461.18 Change Rate Assessed CR Tax Rate +0.013843%