NOT LISTED FOR SALE

1021 N Buchanan Blvd Durham, NC 27701

Walltown Neighborhood

Estimated Value: $191,000 - $384,000

0.16 Acre
$1,939,581 Price per Acre
6,970 Sq Ft Lot

Last Sold December 22, 2023

Last sale price $152,500 $90 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,789/month

34 Days on Market

About This Lot

As of December 2023

Great Opportunity on Buchanan Blvd! Develop up to 18 units in an exempt subdivision, or a combination of 12 duplexes and 6 ADU's. The 6 lots contain nearly 1 acre of Prime Real Estate close to Duke University and minutes from Downtown Durham! Part of a 6 lot package which includes 1017, 1019, 1023, 1101, and 1103 N Buchanan. See MLS #'s 523221, 523226, 523588, 523229 and 523230

Last Agent to Sell the Property

Charles Bulthuis

Reformation Asset Management License #277702 Listed on: 10/25/2023

Co-Listed By

Miguel Acosta

Reformation Asset Management License #309989

Last Buyer's Agent

Charles Bulthuis

Reformation Asset Management

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,618

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Schools

  • E K Powe Elementary School
  • Brogden Middle School
  • Riverside High School

Utilities

  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$1,618

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Co List Office Mls Id: 74714
  • Subdivision Name: Not in a Subdivision
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Vegetation Cleared2: Yes
  • General Property Information Lot Size Acres: 0.16
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.16
  • Lot Features:Level: Yes

Utilities

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

Schools

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

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Durham - E K Powe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Dec 4, 2023
Sold by
Shaw Andrea Robin
Bought by
Davis Kearny
Seller's Agent
Charles Bulthuis
Reformation Asset Management
Buyer's Agent
Charles Bulthuis
Reformation Asset Management
List Price
$350,000
Sold Price
$152,500
Premium/Discount to List
-$197,500
-56.43%
Views
16
Current Estimated Value
$310,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,833
Avg. Annual Appreciation
51.15%

Purchase Details

Closed on
Dec 16, 2021
Sold by
B Well Llc
Bought by
Shaw Andrea Robin

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
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2018
Sold by
Braswell Varon and Braswell Properties Inc
Bought by
Braswell Vinston and B Well Llc

Purchase Details

Closed on
Feb 27, 2012
Sold by
Braswell Varon and Braswell Lisa
Bought by
Braswell Properties Inc

Purchase Details

Closed on
Nov 23, 2011
Sold by
Perry Cynthia and Perry Randolph
Bought by
Braswell Varon

Purchase Details

Closed on
Jan 5, 2000
Sold by
Okoli Michael E and Okoli Debbie P
Bought by
Braswell Varon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.8%
Source: Public Records

Range of Values:

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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
Davis Kearny $305,000 None Listed On Document
Davis Kearny $305,000 None Listed On Document
Shaw Andrea Robin $300,000 None Available
Shaw Andrea Robin $300,000 Berman Gary
Braswell Vinston -- None Available
Braswell Properties Inc -- None Available
Braswell Varon $82,000 None Available
Braswell Varon $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaw Andrea Robin $225,000
Previous Owner B Well Llc $100,000
Previous Owner Perry Cynthia $54,400
Previous Owner Perry Cynthia $104,125
Previous Owner Braswell Varon $150,000
Previous Owner Braswell Varon $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $152,500 +1.7% $90 / Sq Ft
12/16/2023 12/16/23 Off Market $150,000 -- --
11/27/2023 11/27/23 Pending -- -- --
11/07/2023 11/07/23 Price Changed $150,000 -57.1% $89 / Sq Ft
10/24/2023 10/24/23 For Sale $350,000 -- $207 / Sq Ft
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 $1,618 $116,000 $116,000 $0
2023 $2,611 $199,340 $115,900 $83,440
2022 $2,551 $199,340 $115,900 $83,440
2021 $2,539 $199,340 $115,900 $83,440
2020 $2,480 $199,340 $115,900 $83,440
2019 $2,480 $199,340 $115,900 $83,440
2018 $1,779 $131,154 $43,462 $87,692
2017 $1,766 $131,154 $43,462 $87,692
2016 $1,706 $204,079 $43,462 $160,617
2015 $1,661 $120,000 $79,397 $40,603
2014 $1,661 $120,000 $79,397 $40,603
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2538852

Doorify MLS

APN: 100434