NOT LISTED FOR SALE

1023 N Buchanan Blvd Durham, NC 27701

Walltown Neighborhood

Estimated Value: $166,000 - $320,000

0.16 Acre
$1,625,000 Price per Acre
6,970 Sq Ft Lot

Last Sold December 22, 2023

Last sale price $152,500 $94 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,546/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, 1021, 1101, and 1103 N Buchanan. See MLS #'s 523221, 523226, 523582, 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

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

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • 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
19
Current Estimated Value
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,500
Avg. Annual Appreciation
28.16%

Purchase Details

Closed on
Nov 17, 2022
Sold by
Braswell Aiden Sean and Archer Chanda Maria
Bought by
Shaw Andrea

Purchase Details

Closed on
May 20, 2022
Sold by
Maria Archer Chanda
Bought by
Shaw Andrea Maria

Purchase Details

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

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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 -- None Listed On Document
Shaw Andrea Maria $313,000 Berman Gary
Shaw Andrea Maria $313,000 Berman Gary
Braswell Shawn $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Braswell Shawn $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2023 12/22/23 Sold $152,500 +1.7% $94 / 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% $93 / Sq Ft
10/24/2023 10/24/23 For Sale $350,000 -- $217 / 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 $2,484 $250,560 $250,560 $0
2024 $1,618 $116,000 $116,000 $0
2023 $2,600 $198,502 $115,900 $82,602
2022 $2,541 $198,502 $115,900 $82,602
2021 $2,529 $198,502 $115,900 $82,602
2020 $2,469 $198,502 $115,900 $82,602
2019 $2,469 $198,502 $115,900 $82,602
2018 $1,755 $129,404 $43,462 $85,942
2017 $1,742 $129,404 $43,462 $85,942
2016 $1,684 $202,399 $43,462 $158,937
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

  • Charles Bulthuis

    Seller's Agent in 2023

    Charles Bulthuis

    Reformation Asset Management

    (919) 452-4833

    4 in this area

    40 Total Sales

    Charles Bulthuis
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Miguel Acosta

    Reformation Asset Management

    (919) 537-6081

    4 in this area

    16 Total Sales

    Miguel Acosta
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2538853

Doorify MLS

APN: 100435

North Carolina Durham County Durham 27701 Walltown

1023 N Buchanan Blvd, Durham, NC

Not Listed for Sale

Lots

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