NOT LISTED FOR SALE

1023 Cornell St Durham, NC 27707

Historic West End Neighborhood

Estimated Value: $578,725 - $653,000

3 Beds
2 Baths
2,350 Sq Ft
$261/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $482,000 $205 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,640/month

9 Days on Market

Highlights

  • A-Frame Home
  • Deck
  • Main Floor Primary Bedroom
  • Lakewood Montessori Middle School Rated A-
  • Wood Flooring
  • 3-minute walk to Lyon Park

About This Home

As of August 2021

Fully renovated beautiful bungalow in the heart of Lyon Park. A 5 minutes scooter ride to Durham Food Co-op Market and amazing restaurants and less than 1 mile from downtown and American Tobacco Campus, Bulls Stadium, DPAC. Easy access to Duke, RTP, and interstate. 10' ceilings, 8' solid doors, gas fireplace, LED lighting, granite countertops, private deck, 2 car driveway. Roof, HVAC, Electrical, Plumbing, Tankless Water Heater all NEW. All 3 BR are first floor. Passed all inspections, CO issued by city.

Last Agent to Sell the Property

Peter Cheng

Southern Properties Group Inc. License #280049 Listed on: 07/18/2021

Last Buyer's Agent

Linda Morris

Fathom Realty NC, LLC License #287368

Fathom Realty NC, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 1920

Lot Details

  • 5,445 Sq Ft Lot
  • Lot Dimensions are 148' x 37.5'
  • Landscaped

Home Design

  • A-Frame Home
  • 2-Story Property
  • Bungalow

Interior Spaces

  • High Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Unfinished Attic

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Crawl Space
  • Natural lighting in basement

Parking

  • Private Driveway
  • On-Street Parking

Accessible Home Design

  • Accessible Washer and Dryer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Spaulding Elementary School
  • Brogden Middle School
  • Jordan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,090

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1804.0
  • Architectural Style: A-Frame, Bungalow, Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 148' X 37.5'
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Basement Walk-In Crawl Space: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Primary Bedroom Level: M
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Interior Features Shower Only: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Fully renovated beautiful bungalow in the heart of Lyon Park. A 5 minutes scooter ride to Durham Food Co-op Market and amazing restaurants and less than 1 mile from downtown and American Tobacco Campus, Bulls Stadium, DPAC. Easy access to Duke, RTP, and interstate. 10' ceilings, 8' solid doors, gas fireplace, LED lighting, granite countertops, private deck, 2 car driveway. Roof, HVAC, Electrical, Plumbing, Tankless Water Heater all NEW. All 3 BR are first floor. Passed all inspections, CO issued by city.
  • Architectural Style Bungalow: Yes
  • Basement Heated3: Yes
  • Attic Features Unfinished2: Yes
  • Architectural Style A-Frame: Yes
  • General Property Information Above Grade Finished Area: 1804.0
  • General Property Information Below Grade Finished Area: 546.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 5445.0
  • General Property Information Lot Size Acres: 0.125
  • General Property Information:Living Area3: 2350.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Hardwood, Tile, Wood
  • Interior Amenities: Bathtub/Shower Combination, Granite Counters, High Ceilings, Kitchen/Dining Room Combination, Primary Downstairs, Shower Only, Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Full, Heated, Interior Entry, Walk-In Crawl Space
  • Appliances: Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Tankless Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 546.0
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Appliances:Gas Cooktop: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Gas Water Heater: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Gas4: Yes
  • Basement Finished: Yes
  • Full Basement: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.13
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Deck, Porch
  • Accessibility Features:Accessible WasherDryer: Yes
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, On Street
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: 148' X 37.5'
  • Lot Size Sq Ft: 5445.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2090.0

MLS Schools

  • Elementary School: Durham - Spaulding

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2021
Closed on
Aug 30, 2021
Sold by
Innovative Property Group Llc
Bought by
Loeffke Marc and Convery Erin
Seller's Agent
Peter Cheng
Southern Properties Group Inc.
Buyer's Agent
Linda Morris
Fathom Realty NC, LLC
List Price
$500,000
Sold Price
$482,000
Premium/Discount to List
-$18,000
-3.6%
Current Estimated Value
$614,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,431
Avg. Annual Appreciation
5.74%
Original Mortgage
$457,900
Outstanding Balance
$416,655
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$197,776

Purchase Details

Closed on
Sep 28, 2017
Sold by
Millon Ventures Llc
Bought by
Innovation Property Group Llc

Purchase Details

Closed on
Oct 18, 2012
Sold by
Bridges Barnie B and Bridges Jettie
Bought by
Geer Lana M and Mcclary Lana Letitia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,334
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2012
Sold by
Geer Lana M and Mcclary Lana Letita
Bought by
Millon Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,334
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Loeffke Marc $482,000 None Available
Innovation Property Group Llc $82,000 None Available
Geer Lana M -- None Available
Millon Ventures Llc $51,000 None Available
Geer Lana M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loeffke Marc $457,900
Previous Owner Millon Ventures Llc $40,334
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $482,000 -- --
08/31/2021 08/31/21 Sold $482,000 -3.6% $205 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/17/2021 07/17/21 For Sale $500,000 -- $213 / 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
2025 $5,128 $517,278 $169,500 $347,778
2024 $5,337 $382,623 $61,875 $320,748
2023 $5,012 $382,623 $61,875 $320,748
2022 $4,897 $382,623 $61,875 $320,748
2021 $3,541 $277,975 $61,875 $216,100
2020 $1,955 $157,171 $61,875 $95,296
2019 $1,955 $157,171 $61,875 $95,296
2018 $1,403 $103,436 $42,187 $61,249
2017 $1,393 $103,436 $42,187 $61,249
2016 $1,346 $103,436 $42,187 $61,249
2015 $917 $66,270 $11,882 $54,388
2014 $917 $66,270 $11,882 $54,388
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Peter Cheng

    Southern Properties Group Inc.

    (919) 219-4787

    1 in this area

    53 Total Sales

    Peter Cheng
    Section Image

  • L

    Buyer's Agent in 2021

    Linda Morris

    Fathom Realty NC, LLC

    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2396422

Doorify MLS

APN: 114956

North Carolina Durham County Durham 27707 Historic West End

1023 Cornell St, Durham, NC

Not Listed for Sale

Detached

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