$1,118,000
SOLD DEC 13, 2024
6 Beds
3.5 Baths
4,203 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$266 Per Sq Ft

7% Below List Price

4 Days on Market

Highlights

  • Deck
  • Living Room with Fireplace
  • Wood Flooring
  • George Watts Elementary Rated A-
  • Georgian Architecture
  • 2-minute walk to Trinity Park

About This Home

As of December 2024

Come consider the opportunities presented by owning both sides 1026 & 1028 Gloria Avenue. This solidly built brick duplex in very good condition is in a highly desirable Trinity Park location. Live in one side and rent the other, as the current owners have done for decades. Rent out both sides, and perhaps add an ADU for even more cash flow. Create a 2 unit condo, and sell each side individually, maximizing the potential value at a future sale. Or, do all of the above over time. Solid construction and good updates provide a launching pad for your home owning and investment dreams. Pursue your woodworking or other artistic visions in the backyard workshop/studio. Walk to so much of what makes Durham one of the regions most livable cities: amazing restaurants, lively bars, healthy food options, and all that is offered at a world-class institution like Duke University.* Built in 1923*Side-by-Side Duplex* +/-2100 Sq Ft in Each Unit* 3 Bedrooms in Each Unit* 2 Full Baths in #1028* 1 Full & 1 Half Bath in #1026* Wood Burning Fireplaces* High Quality Stainless Appliances* Finished Basement in 1028*Semi-Finished Basement in 1026* Large Backyard Workshop* Oak Floors Throughout* Large Windows, Many Replaced* Original Trim, Doors, and Hardware * 4 Blocks to Watts Montessori School* 1 Block to Duke East Campus* Walk to Whole Foods & Brightleaf

Last Agent to Sell the Property

Adam Dickinson

Nest Realty of the Triangle License #266837 Listed on: 10/18/2024

Nest Realty of the Triangle

Last Buyer's Agent

Kim Satterfield

Elms Lane LLC License #201713

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,942

Year Built

  • Built in 1910 | Remodeled in 1923

Lot Details

  • 7,405 Sq Ft Lot
  • Private Entrance

Home Design

  • Georgian Architecture
  • Brick Veneer
  • Brick Foundation
  • Block Foundation
  • Frame Construction
  • Slate Roof
  • Lead Paint Disclosure

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Partially Finished Basement
  • Laundry in Basement
  • Unfinished Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 1 Parking Space
  • Aggregate Flooring
  • On-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • George Watts Elementary School
  • Brogden Middle School
  • Riverside High School

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 101977

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,942

Year Built

Built in 1910 | Remodeled in 1923

Lot Details

0

Listing Details

  • Year Built: 1910
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 3123.0
  • Architectural Style: Georgian
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Effective Year Built: 1923
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: Second
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Utilities Cable Available: Yes
  • Foundation Details Block3: Yes
  • Foundation Details BrickMortar: Yes
  • Laundry Features In Basement: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Enhanced Accessible2: No
  • Utilities Phone Available: Yes
  • Utilities Water Connected: Yes
  • Cooling Gas3: Yes
  • General Property Information Above Grade Finished Area: 3123.0
  • General Property Information Below Grade Finished Area: 1080.0
  • Flooring Concrete3: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Natural Gas Connected: Yes
  • Disclosures Lead Based Paint: Yes
  • Structure Type Multi Family: Yes
  • Architectural Style Georgian: Yes
  • General Property Information Lot Size Square Feet2: 7405.0
  • General Property Information Lot Size Acres: 0.17
  • Parking Features Aggregate: Yes
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Renovated: 1923

Interior Features

  • Flooring: Ceramic Tile, Concrete, Hardwood
  • Basement: Partially Finished
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1080.0
  • Fireplace Features: Living Room
  • Fireplaces: 2
  • Total Bedrooms: 13
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Basement:Partially Finished: Yes
  • Fireplace Features:Living Room: Yes
  • Appliances Range: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Roof: Slate
  • Exterior Features: Private Entrance
  • Acres: 0.17
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Construction Type: Brick, Brick Veneer, Frame
  • Foundation Details: Block, Brick/Mortar
  • Patio And Porch Features: Deck, Patio, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Private Entrance: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: Aggregate, Alley Access, On Site, On Street
  • Total Parking Spaces: 1.0
  • Parking Features:On Street: Yes
  • Parking Features:On Site: Yes
  • Parking Features:Alley Access: Yes
  • General Property Information:Parking Total: 1.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Natural Gas
  • Cooling: Electric, Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 101977
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4941.62
  • Tax Year: 2023
  • Tax Map Number: 25

MLS Schools

  • Elementary School: Durham - George Watts

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Dec 9, 2024
Sold by
Burns Christopher A and Burns Patricia A
Bought by
Shin Donald Kim and Shin Deborah H
Seller's Agent
Adam Dickinson
Nest Realty of the Triangle
Buyer's Agent
Kim Satterfield
Elms Lane LLC
List Price
$1,200,000
Sold Price
$1,118,000
Premium/Discount to List
-$82,000
-6.83%
Views
11
Current Estimated Value
$1,098,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,415
Avg. Annual Appreciation
0.32%
Original Mortgage
$838,240
Outstanding Balance
$835,312
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$285,041
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,118,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $838,240 New Conventional
Previous Owner $60,000 Credit Line Revolving
Previous Owner $317,000 New Conventional
Previous Owner $60,000 New Conventional
Previous Owner $334,815 FHA
Previous Owner $320,000 Unknown
Previous Owner $47,589 Construction
Previous Owner $240,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $1,118,000 -6.8% $266 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $1,200,000 -- $286 / 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 $8,351 $598,662 $120,700 $477,962
2023 $7,842 $598,662 $120,700 $477,962
2022 $7,662 $598,662 $120,700 $477,962
2021 $7,485 $587,560 $120,700 $466,860
2020 $7,309 $587,560 $120,700 $466,860
2019 $7,309 $620,913 $120,700 $500,213
2018 $6,319 $465,852 $75,312 $390,540
2017 $6,273 $465,852 $75,312 $390,540
2016 $6,061 $642,237 $75,312 $566,925
2015 $5,355 $386,870 $82,375 $304,495
2014 $5,355 $386,870 $82,375 $304,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10059126

Doorify MLS

APN: 101977