NOT LISTED FOR SALE

1020 Holloway St Unit A, B, C Durham, NC 27701

East Durham Neighborhood

Estimated Value: $375,000 - $496,000

5 Beds
3 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold June 30, 2023

Last sale price $435,000

Est. 1% decrease in value since last sale

Current estimated payment $2,556/month

52 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Propane
  • 4-minute walk to Long Meadow Park
  • Central Air

About This Home

As of June 2023

Fully occupied tri-plex with good rental history. Off street parking. Shared Washer & Dryer for tenant use. Convenient to Downtown Durham. Unit A/1 is first floor on month-to-month. Unit B/2 also on first floor expires 12-31-2023. Unit C/3 on second floor expires 11-30-2023. Owner pays water only. Driveways of 1020 & 1018 Holloway St are Side-By-Side. 1020's backyard has plenty of room to turn around. Please do not block the right side driveway.

Last Listed By

Charles Bulthuis

Reformation Asset Management License #277702 Listed on: 04/15/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,818

Year Built

  • Built in 1925

Lot Details

  • 8,276

Parking

  • Off-Street Parking

Home Design

  • Aluminum Siding

Flooring

  • Wood
  • Vinyl

Schools

  • Eastway Elementary School
  • Brogden Middle School
  • Northern High School

Utilities

  • Central Air
  • Heating System Uses Propane

Additional Features

  • Crawl Space
  • 8,276 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,818

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Flooring Vinyl: Yes
  • Contract Information Lease Term: 30 Days
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 3.0
  • General Property Information Lot Size Square Feet2: 8276.0
  • General Property Information Lot Size Acres: 0.19
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Acres: 0.19
  • Construction Type: Aluminum Siding
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

  • Heating: Propane
  • Cooling: Central Air, Gas Pack
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Propane2: Yes

Schools

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

Lot Info

  • Zoning: R-3
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 30 Days
  • Owner Pays: Water

Tax Info

  • Tax Annual Amount: 1818.0
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Durham - Eastway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2023
Closed on
Jun 26, 2023
Sold by
Clarke Zachary E
Bought by
Don Carlos Investments Llc
Seller's Agent
Charles Bulthuis
Reformation Asset Management
Buyer's Agent
Chris Isaacs
Isaacs Realty LLC
List Price
$550,000
Sold Price
$435,000
Premium/Discount to List
-$115,000
-20.91%
Total Days on Market
52
Views
179
Current Estimated Value
$432,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,957
Avg. Annual Appreciation
3.45%
Original Mortgage
$315,000
Outstanding Balance
$308,554
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$154,808

Purchase Details

Closed on
Oct 18, 2017
Sold by
Tortuga Property Holdings Inc
Bought by
Clarke Zachary E

Purchase Details

Closed on
Dec 14, 2015
Sold by
Oberg Keith A
Bought by
Tortuga Property Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.64%

Purchase Details

Closed on
Jul 11, 2014
Sold by
Oberg Donald M
Bought by
Oberg Keith A

Range of Values:

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Average Value
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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
Don Carlos Investments Llc $435,000 None Listed On Document
Clarke Zachary E $180,000 None Available
Tortuga Property Holdings Inc $68,000 --
Oberg Keith A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Don Carlos Investments Llc $315,000
Previous Owner Clarke Zachary E $247,000
Previous Owner Clarke Zachary E $145,000
Previous Owner Clarke Zachary E $96,600
Previous Owner Tortuga Property Holdings Inc $70,000
Previous Owner B Ps Auto Sales Inc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $435,000 -- --
06/30/2023 06/30/23 Sold $435,000 -8.4% --
06/05/2023 06/05/23 Pending -- -- --
04/28/2023 04/28/23 Price Changed $475,000 -13.6% --
04/14/2023 04/14/23 For Sale $550,000 -- --
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
2024 $1,937 $138,887 $26,797 $112,090
2023 $1,860 $142,028 $26,797 $115,231
2022 $1,818 $142,028 $26,797 $115,231
2021 $1,809 $142,028 $26,797 $115,231
2020 $1,767 $142,028 $26,797 $115,231
2019 $1,767 $142,028 $26,797 $115,231
2018 $1,353 $99,724 $14,887 $84,837
2017 $1,343 $99,724 $14,887 $84,837
2016 $1,298 $99,724 $14,887 $84,837
2015 $1,261 $91,074 $14,976 $76,098
2014 $1,261 $91,074 $14,976 $76,098
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2505100

Doorify MLS

APN: 111285