NOT LISTED FOR SALE

Estimated Value: $159,427 - $270,000

2 Beds
2 Baths
1,292 Sq Ft
$149/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $161,000 $125 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,136/month

14 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1-Story Property
  • Lakewood Montessori Middle School Rated A-
  • Front Porch
  • 4-minute walk to Lyon Park

About This Home

As of May 2024

Lyon Park duplex ready for renovation! Take advantage of this opportunity with a large number of renovations and new construction happening and recently completed in the neighborhood. Close to community parks and facilities such as the Lyon Park field, playground, recreation center, and teen center. Amazing location only a few blocks from Lakewood and West End restaurants and shopping and only one mile from Duke, American Tobacco Campus, Durham Bulls, and downtown Durham.

Last Agent to Sell the Property

John Whaley

Frasher Whaley Realty Group License #262351 Listed on: 03/12/2024

Last Buyer's Agent

Jason Queen

Monarch Realty Co. License #265895

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $939

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • 1 Common Wall

Parking

  • Gravel Driveway

Home Design

  • Duplex
  • Fixer Upper
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding
  • Lead Paint Disclosure

Interior Spaces

  • 1,292 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Free-Standing Electric Oven

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for taxes
  • Assessor Parcel Number 0821-45-1480

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$939

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Prop. Type: Residential Income
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1292.0
  • Unit Levels: One
  • New Construction: No
  • General Property Information Above Grade Unfinished Area: 186.0
  • General Property Information Total Unfinished Area2: 186.0
  • General Property Information Basement YN: No
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Property Condition Fixer: Yes
  • Roof:Shingle: Yes
  • Cooling None4: Yes
  • General Property Information Above Grade Finished Area: 1292.0
  • Disclosures Lead Based Paint: Yes
  • Structure Type Duplex: Yes
  • General Property Information Lot Size Square Feet2: 4356.0
  • General Property Information Lot Size Acres: 0.1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Vinyl
  • Appliances: Free-Standing Electric Oven, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Appliances:Free-Standing Electric Oven: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.1
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Common Walls: 1 Common Wall
  • Construction Type: Brick, Wood Siding
  • Patio And Porch Features: Front Porch
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: Gravel
  • Parking Features:Gravel: Yes
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Baseboard
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0821-45-1480

Rental Info

  • Tenant Pays: All Utilities
  • Owner Pays: Taxes

Tax Info

  • Tax Annual Amount: 939.0
  • Tax Year: 2023

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Vacant: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Apr 25, 2024
Sold by
Southern Repair Service Incorporated
Bought by
Laws Cameron Elizabeth
Seller's Agent
John Whaley
Frasher Whaley Realty Group
Buyer's Agent
Jason Queen
Monarch Realty Co.
List Price
$220,000
Sold Price
$161,000
Premium/Discount to List
-$59,000
-26.82%
Current Estimated Value
$193,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,107
Avg. Annual Appreciation
10.85%
Original Mortgage
$316,677
Outstanding Balance
$313,662
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$129,584
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
Laws Cameron Elizabeth $161,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laws Cameron Elizabeth $316,677
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $161,000 -26.8% $125 / Sq Ft
03/12/2024 03/12/24 For Sale $220,000 0.0% $170 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $220,000 -- $170 / 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 $1,000 $71,698 $45,168 $26,530
2023 $939 $71,698 $45,168 $26,530
2022 $918 $71,698 $45,168 $26,530
2021 $913 $71,698 $45,168 $26,530
2020 $892 $71,698 $45,168 $26,530
2019 $1,245 $100,075 $60,225 $39,850
2018 $1,108 $81,671 $41,062 $40,609
2017 $1,100 $81,671 $41,062 $40,609
2016 $1,063 $81,671 $41,062 $40,609
2015 $600 $43,333 $9,578 $33,755
2014 $600 $43,333 $9,578 $33,755
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10008869

Doorify MLS

APN: 114969