NOT LISTED FOR SALE

1101 Drew St Durham, NC 27701

East Durham Neighborhood

Estimated Value: $37,536 - $248,000

0.63 Acre
$253,194 Price per Acre
27,443 Sq Ft Lot

Last Sold May 22, 2024

Last sale price $39,000

Est. 269% increase in value since last sale

Current estimated payment $778/month

11 Days on Market

Highlights

  • 0.63 Acre Lot
  • Heavily Wooded Lot
  • No HOA

About This Lot

As of May 2024

Vacant lot w/in walking distance to Golden Belt, Durham Central Park,Farmers Market, and numerous shops, breweries and restaurants! Build your dream home! Enjoy the large size lot with lots of natural trees and backyard oasis view. Plans submitted and approved. Don't miss out! Rendering is for illustration purposes and are subject to change.Proposed Build site located on a Flood Zone, please verify with insurance carrier if Flood Insurance will be required. Construction has not started.

Last Agent to Sell the Property

Jeremy Brazoban

LPT Realty, LLC License #277631 Listed on: 04/26/2024

LPT Realty, LLC

Last Buyer's Agent

Jeremy Brazoban

EXP Realty LLC License #277631

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $344

Lot Details

  • 0.63 Acre Lot
  • Heavily Wooded Lot
  • Property is zoned RU-5(2)

Location

  • In Flood Plain

Schools

  • Eastway Elementary School
  • Lucas Middle School
  • Northern High School

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$344

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: See survey
  • Water Source Public: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Vacant lot w/in walking distance to Golden Belt, Durham Central Park,Farmers Market, and numerous shops, breweries and restaurants! Build your dream home! Enjoy the large size lot with lots of natural trees and backyard oasis view. Plans submitted and approved. Don't miss out! Rendering is for illustration purposes and are subject to change.
  • Vegetation Heavily Wooded: Yes
  • Lot Features Flood Plains: Yes
  • General Property Information Lot Size Square Feet2: 27443.0
  • General Property Information Lot Size Acres: 0.63
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.63

Utilities

  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Durham - Northern
  • Middle Or Junior School: Durham - Lucas

Lot Info

  • Zoning: RU-5(2)
  • Current Use: Unimproved, Vacant
  • Lot Dimensions: See survey
  • Lot Size Sq Ft: 27443.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 343.84
  • Tax Year: 2023

MLS Schools

  • Elementary School: Durham - Eastway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
May 22, 2024
Sold by
Martinez Irving I Mendoza
Bought by
Salazar Marta and Jovel Alexis M
Seller's Agent
Jeremy Brazoban
LPT Realty, LLC
Buyer's Agent
Jeremy Brazoban
LPT Realty, LLC
List Price
$50,000
Sold Price
$39,000
Premium/Discount to List
-$11,000
-22%
Views
33
Current Estimated Value
$144,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,049
Avg. Annual Appreciation
130.13%

Purchase Details

Closed on
Mar 16, 2021
Sold by
Durham Building Company Llc
Bought by
Martinez Irving I Mendoza

Purchase Details

Closed on
Jun 11, 2018
Sold by
Garrett Builders Llc
Bought by
Durham Building Company Llc

Purchase Details

Closed on
Dec 3, 2014
Sold by
Credle Investments Llc
Bought by
Garrett Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salazar Marta $39,000 None Listed On Document
Salazar Marta $39,000 None Listed On Document
Martinez Irving I Mendoza $25,000 None Available
Durham Building Company Llc $25,000 None Available
Garrett Builders Llc $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garrett Builders Llc $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2024 05/22/24 Sold $39,000 -22.0% --
05/08/2024 05/08/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $50,000 -- --
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 $360 $36,288 $36,288 $0
2024 $359 $25,735 $25,735 $0
2023 $337 $25,735 $25,735 $0
2022 $329 $25,735 $25,735 $0
2021 $328 $25,735 $25,735 $0
2020 $320 $25,735 $25,735 $0
2019 $320 $25,735 $25,735 $0
2018 $277 $20,425 $20,425 $0
2017 $275 $20,425 $20,425 $0
2016 $266 $20,425 $20,425 $0
2015 $266 $19,200 $19,200 $0
2014 -- $19,200 $19,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Brazoban

    Seller's Agent in 2024

    Jeremy Brazoban

    LPT Realty, LLC

    (919) 636-5323

    2 in this area

    24 Total Sales

    Jeremy Brazoban
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Map

Source: Doorify MLS

MLS Number: 10025578

Doorify MLS

APN: 113361

North Carolina Durham County Durham 27701 East Durham

1101 Drew St, Durham, NC

Not Listed for Sale

Lots

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