NOT LISTED FOR SALE

1016 Moreland Ave Durham, NC 27707

Historic West End Neighborhood

Estimated Value: $315,000 - $462,000

3 Beds
2 Baths
1,348 Sq Ft
$285/Sq Ft Est. Value

Last Sold September 13, 2023

Last sale price $335,000 $249 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,381/month

25 Days on Market

Highlights

  • Traditional Architecture
  • Bamboo Flooring
  • 1-Story Property
  • Lakewood Montessori Middle School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of September 2023

Entirely remodeled home!!! Enjoy updated floors, kitchen, fixtures, bathrooms, hot water heater, HVAC, Hardie plank siding and more. Stunning master. bathroom with free standing tub & 2nd bathroom with tile shower. The 9' original ceilings in the living room, kitchen, dining and bedrooms give this home an open concept with a classic feel. Bathrooms have lower ceilings. Pull out your rocking chairs on our large porch with updated lighting. Location is amazing: 1 mile to Durham Bulls Stadium & 1 mile to Duke University. Perfect for a personal home or investment property. Last year this property generated $38,962 as a Short Term Rental (AFTER Airbnb/VRBO Service fees are taken out.)

Last Agent to Sell the Property

Brad Brown

Rockefeller Realty, Inc License #286953 Listed on: 07/19/2023

Last Buyer's Agent

David Cullen

Cineron Realty License #321234

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,540

Year Built

  • Built in 1928

Lot Details

  • 5,009 Sq Ft Lot

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Masonite

Interior Spaces

  • 1,348 Sq Ft Home
  • 1-Story Property
  • Bamboo Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lakewood Elementary School
  • Githens Middle School
  • Jordan High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,540

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Year Built: 1928
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1348.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 220.0
  • General Property Information Total Unfinished Area2: 220.0
  • General Property Information Lot Size Dimensions: Survey
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Remarks and Miscellaneous Syndication Remarks2: Entirely remodeled home!!! Enjoy updated floors, kitchen, fixtures, bathrooms, hot water heater, HVAC, Hardie plank siding and more. Stunning master. bathroom with free standing tub & 2nd bathroom with tile shower. The 9' original ceilings in the living room, kitchen, dining and bedrooms give this home an open concept with a classic feel. Bathrooms have lower ceilings. Pull out your rocking chairs on our large porch with updated lighting. Amazing Location- 1 mile to Durham Bulls Stadium & Duke!!!
  • Flooring Bamboo: Yes
  • General Property Information Above Grade Finished Area: 1348.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 5009.4
  • General Property Information Lot Size Acres: 0.115
  • General Property Information:Living Area3: 1348.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Bamboo
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.12
  • Construction Type: Masonite
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Durham - Jordan
  • Middle Or Junior School: Durham - Githens

Lot Info

  • Lot Dimensions: Survey
  • Lot Size Sq Ft: 5009.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2540.0
  • Tax Year: 2019

MLS Schools

  • Elementary School: Durham - Lakewood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Sep 12, 2023
Sold by
19 Boxwood Llc
Bought by
Leovic Cassidy
Seller's Agent
Brad Brown
Rockefeller Realty, Inc
Buyer's Agent
David Cullen
Cineron Realty
List Price
$365,000
Sold Price
$335,000
Premium/Discount to List
-$30,000
-8.22%
Views
73
Current Estimated Value
$399,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,093
Avg. Annual Appreciation
6.02%
Original Mortgage
$332,002
Outstanding Balance
$324,881
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$59,873

Purchase Details

Closed on
Apr 26, 2019
Sold by
Trova Llc
Bought by
19 Boxwood Dr Llc

Purchase Details

Closed on
Feb 4, 2016
Sold by
Niemeyer Louis V
Bought by
Trova Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,350
Interest Rate
3.97%

Purchase Details

Closed on
Mar 17, 2009
Sold by
Niemeyer Louis
Bought by
1016 Moreland Ave Trust
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
Leovic Cassidy -- None Listed On Document
19 Boxwood Dr Llc $137,000 None Available
Trova Llc $71,000 --
1016 Moreland Ave Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leovic Cassidy $332,002
Previous Owner Trova Llc $60,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $335,000 -- --
09/13/2023 09/13/23 Sold $335,000 -4.0% $249 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
08/03/2023 08/03/23 Price Changed $349,000 -4.4% $259 / Sq Ft
07/19/2023 07/19/23 For Sale $365,000 -- $271 / 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 $3,648 $368,020 $168,000 $200,020
2024 $2,768 $198,447 $61,325 $137,122
2023 $2,599 $198,447 $61,325 $137,122
2022 $2,540 $198,447 $61,325 $137,122
2021 $2,528 $198,447 $61,325 $137,122
2020 $1,624 $130,545 $61,325 $69,220
2019 $1,624 $130,545 $61,325 $69,220
2018 $986 $72,668 $16,725 $55,943
2017 $978 $72,668 $16,725 $55,943
2016 $945 $72,668 $16,725 $55,943
2015 $1,004 $72,513 $13,900 $58,613
2014 $1,004 $72,513 $13,900 $58,613
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Brad Brown

    Rockefeller Realty, Inc

    (919) 428-3997

    1 in this area

    4 Total Sales

    Brad Brown
    Section Image

  • D

    Buyer's Agent in 2023

    David Cullen

    Cineron Realty

    (419) 656-1659

    1 in this area

    42 Total Sales

    David Cullen
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2522217

Doorify MLS

APN: 108386

North Carolina Durham County Durham 27707 Historic West End

1016 Moreland Ave, Durham, NC

Not Listed for Sale

Detached

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