NOT LISTED FOR SALE

1024 Pate Farm Ln Durham, NC 27703

Estimated Value: $354,000 - $388,152

3 Beds
2.5 Baths
1,700 Sq Ft
$222/Sq Ft Est. Value

Highlights

  • Fitness Center
  • Granite Countertops
  • 1 Car Attached Garage
  • Outdoor Kitchen
  • Community Pool
  • Walk-In Closet

About This Home

As of April 2023

BRAND NEW Townhome with wonderful amenities in Durham! Community amenities include swimming pool, fitness center, clubhouse, dog park, kids playground, and tennis courts! Minutes to major highways, RDU, RTP, shopping, dining and entertainment! Main floor features an open floor plan with a great room and a well equipped kitchen with Stainless Steel Appliances, granite countertops, tile backsplash, gas range and a large island!Luxury Vinyl entire first floor. Spacious primary bedroom with luxurious bathroom featuring dual sinks with walk in closet! Screened porch to relax in the mornings or evenings! Second floor includes 2 more bedrooms and a bathroom with cultural marble countertop.

Last Agent to Rent the Property

Aparna Ahuja

Blossom Realty Group LLC License #283284 Listed on: 03/17/2023

Last Renter's Agent

Aparna Ahuja

Meritage Homes of the Carolina

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,503

Year Built

  • Built in 2023

Lot Details

  • 2,614

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Outdoor Kitchen
  • Playground

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $2,500
  • Property Available on 3/16/23
  • Tenant pays for electricity, gas, sewer, trash collection, water
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,503

Year Built

Built in 2023

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water
  • Lease Term: 12 Months
  • Available Date: 2023-03-16

Listing Details

  • Year Built: 2023
  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 1700.0
  • Unit Levels: Two
  • Cooling Central Air: Yes
  • Levels Two: Yes
  • Appliances Refrigerators: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2023-03-16
  • Contract Information Security Deposit2: 2500.0
  • General Property Information Above Grade Finished Area: 1700.0
  • Structure Type Townhouse: Yes
  • Pets Allowed Yes2: Yes
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Granite Counters, Pantry, Walk-In Closet(s)
  • Appliances: Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Community Features:Fitness Center2: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Exterior Features: Outdoor Kitchen, Playground
  • Exterior Features:Playground3: Yes
  • Exterior Features:Outdoor Kitchen: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes

Utilities

  • Heating: Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Fitness Center, Playground, Pool
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Feb 21, 2023
Sold by
Lennar Carolinas Llc
Bought by
Sharan Rajesh and Sinha Nishi
Seller's Agent
Aparna Ahuja
Blossom Realty Group LLC
Buyer's Agent
Aparna Ahuja
Blossom Realty Group LLC
Sold Price
$2,095
Views
63
Current Estimated Value
$377,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,943
Original Mortgage
$264,626
Outstanding Balance
$239,577
Interest Rate
5.52%
Mortgage Type
New Conventional
Estimated Equity
$148,132
Source: Public Records

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
Sharan Rajesh $353,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharan Rajesh $264,626
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Off Market $2,095 -- --
12/11/2023 12/11/23 Off Market $2,095 -- --
04/19/2023 04/19/23 Rented $2,095 0.0% --
04/15/2023 04/15/23 Rented $2,095 0.0% --
04/01/2023 04/01/23 Under Contract -- -- --
02/21/2023 02/21/23 For Rent $2,095 -- --
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 $4,503 $322,818 $60,000 $262,818
2023 $4,229 $60,000 $60,000 $0
2022 $768 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2496028

Doorify MLS

APN: 231289