NOT LISTED FOR SALE

Estimated Value: $305,000 - $315,413

3 Beds
2 Baths
1,158 Sq Ft
$269/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $318,000 $275 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,938/month

12 Days on Market

Highlights

  • Transitional Architecture
  • Fenced Yard
  • Forced Air Heating and Cooling System
  • No HOA
  • Luxury Vinyl Tile Flooring
  • Dining Room

About This Home

As of August 2024

Ranch, 3 bedrooms, 2 full bathrooms. No HOA. Fridge, Washer, Dryer to convey. Well maintained, hard to come by exceptional investment opportunity. Peace of mind for investor buyer with good quality tenants in the past five years. Excellent home for homeowner buyer as well. This property has been professionally managed by Spruce Quality Rentals, a top-tier full service property management company renowned for excellent service with a lot of repeating happy landlords and high retention rate with tenants.

Annual Inspection with detail report to maintain top condition, with last inspection done on 4/23/24. Recent termite inspection done on 5/16/24 with clean result. Electrical and plumbing work well; HVAC in excellent condition, serviced yearly, recently serviced; Gutters professionally cleaned every two years, last cleaning done this year.

Last Agent to Sell the Property

Peter Cheng

Southern Properties Group Inc. License #280049 Listed on: 06/02/2024

Last Buyer's Agent

J.T. Smith

eXp Realty, LLC #2 License #285033

eXp Realty, LLC #2

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,421

Year Built

  • Built in 2012 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced Yard

Home Design

  • Transitional Architecture
  • Raised Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,158 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Luxury Vinyl Tile Flooring

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Private Driveway
  • 2 Open Parking Spaces

Schools

  • Eastway Elementary School
  • Neal Middle School
  • Southern High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 111708

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,421

Year Built

Built in 2012 | Remodeled

Lot Details

0

Listing Details

  • Year Built: 2012
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1158.0
  • Architectural Style: Transitional
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 1158.0
  • Cooling Ceiling Fan(s): Yes
  • Property Condition UpdatedRemodeled: Yes
  • General Property Information Lot Size Square Feet2: 7405.2
  • Foundation Details Raised: Yes
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Luxury Vinyl, Plank
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Water Heater, Microwave, Oven, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fenced Yard
  • Acres: 0.17
  • Disclosures: Seller Disclosure
  • Construction Type: Vinyl Siding
  • Foundation Details: Raised
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Fenced - Yard: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 2.0
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Forced Air, Heat Pump
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Durham - Southern
  • Middle Or Junior School: Durham - Neal

Lot Info

  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 111708

Rental Info

  • Lease Term: 12 Months

Tax Info

  • Tax Annual Amount: 2420.71
  • Tax Year: 2023

MLS Schools

  • Elementary School: Durham - Eastway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2024
Closed on
Jul 30, 2024
Sold by
Lee Iris
Bought by
Thatcher Michael and Thatcher Ariel C
Seller's Agent
Peter Cheng
Southern Properties Group Inc.
Buyer's Agent
J.T. Smith
eXp Realty, LLC #2
List Price
$312,000
Sold Price
$318,000
Premium/Discount to List
$6,000
1.92%
Views
45
Current Estimated Value
$311,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,647
Avg. Annual Appreciation
-2.05%
Original Mortgage
$238,500
Outstanding Balance
$236,016
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$75,337

Purchase Details

Closed on
Dec 17, 2021
Sold by
Lee Justin
Bought by
Lee Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
3.12%

Purchase Details

Closed on
Jun 3, 2019
Sold by
Bumphus Bernard and Bumphus Karla Jean
Bought by
Lee Iris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,609
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2012
Sold by
Habitat For Humanity Of Durham Inc
Bought by
Bumphus Bernard and Bumphus Karla Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,965
Interest Rate
3.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 19, 2011
Sold by
City Of Durham
Bought by
Habitat For Humanity Of Durham Inc
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
Thatcher Michael $318,000 None Listed On Document
Lee Iris -- None Available
Lee Iris $200,000 None Available
Bumphus Bernard $96,000 None Available
Habitat For Humanity Of Durham Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thatcher Michael $238,500
Previous Owner Lee Iris $325,500
Previous Owner Lee Iris $152,400
Previous Owner Lee Iris $149,609
Previous Owner Bumphus Bernard $75,965
Previous Owner Bumphus Bernard $100,000
Previous Owner Bumphus Bernard $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $318,000 +1.9% $275 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
06/02/2024 06/02/24 For Sale $312,000 -- $269 / 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 $2,793 $200,257 $26,302 $173,955
2023 $2,623 $200,257 $26,302 $173,955
2022 $2,563 $200,257 $26,302 $173,955
2021 $2,551 $200,257 $26,302 $173,955
2020 $2,491 $200,257 $26,302 $173,955
2019 $2,491 $200,257 $26,302 $173,955
2018 $1,239 $91,327 $14,612 $76,715
2017 $1,230 $91,327 $14,612 $76,715
2016 $1,188 $91,327 $14,612 $76,715
2015 $1,384 $99,993 $11,031 $88,962
2014 $1,384 $99,993 $11,031 $88,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10032988

Doorify MLS

APN: 111708