NOT LISTED FOR SALE

Estimated Value: $527,000 - $737,000

4 Beds
3 Baths
2,608 Sq Ft
$239/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $605,000 $232 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,806/month

1 Day on Market

Highlights

  • Corner Lot
  • Zoned Cooling
  • Heat Pump System
  • Lakewood Montessori Middle School Rated A-
  • Luxury Vinyl Tile Flooring

About This Home

As of December 2022

Rare completely renovated triplex in Downtown Durham West End area. Just 1 mile to downtown Durham and Duke university. Completely gutted and redone from top to bottom. Two units on top are 1 bed 1 bath with walk in closets and large bathrooms. Bottom unit is 2 beds 2 baths with dining area and galley kitchen. All units have washer and dryer hookups, granite countertops, stainless steel electric stove with hoods, large sinks and open space concept. Live iin one unit and rent out the rest, great location walkable to downtown Durham!

Last Agent to Sell the Property

Lena Foley

Hearth Realty, LLC License #296883 Listed on: 11/10/2022

Last Buyer's Agent

Johnny May

Nest Realty of the Triangle License #333184

Nest Realty of the Triangle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,762

Year Built

  • Built in 1930

Lot Details

  • 4,356

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Vinyl Siding

Schools

  • Spaulding Elementary School
  • Githens Middle School
  • Jordan High School

Utilities

  • Zoned Cooling
  • Heat Pump System

Additional Features

  • Luxury Vinyl Tile Flooring
  • Corner Lot
  • Basement

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,762

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Cooling Zoned: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 3.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Luxury Vinyl
  • Basement YN: Yes

Exterior Features

  • Construction Type: Concrete, Vinyl Siding
  • Foundation Details: Slab
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Concrete2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

  • Heating: Electric
  • Cooling: Electric, Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • HeatingCooling:Heat Pump: Yes

Schools

  • Ninth Grade High School: Durham - Jordan
  • Middle Or Junior School: Durham - Githens

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 1762.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Durham - Spaulding

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Dec 13, 2022
Sold by
Sien Sophia
Bought by
Kruse Holdings Llc
Seller's Agent
Lena Foley
Hearth Realty, LLC
Buyer's Agent
Johnny May
Nest Realty of the Triangle
List Price
$589,997
Sold Price
$605,000
Premium/Discount to List
$15,003
2.54%
Views
11
Current Estimated Value
$639,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,866
Avg. Annual Appreciation
0.94%
Original Mortgage
$350,000
Outstanding Balance
$339,402
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$283,211

Purchase Details

Closed on
Apr 7, 2021
Sold by
Mayfair Investments Inc
Bought by
Sieu Sophia and Mayfair Investments Inc

Purchase Details

Closed on
Jan 26, 2021
Sold by
Lamot John I and Lamot Marian
Bought by
Mayfair Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
2.73%
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
Kruse Holdings Llc $605,000 --
Sieu Sophia -- None Available
Mayfair Investments Inc $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kruse Holdings Llc $350,000
Previous Owner Mayfair Investments Inc $348,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $605,000 -- --
12/22/2022 12/22/22 Sold $605,000 +2.5% $232 / Sq Ft
11/12/2022 11/12/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $589,997 0.0% $226 / Sq Ft
11/10/2022 11/10/22 Price Changed $589,997 -- $226 / 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
2025 $5,913 $596,486 $220,000 $376,486
2024 $5,325 $381,745 $68,750 $312,995
2023 $5,000 $381,870 $68,875 $312,995
2022 $1,763 $137,726 $68,875 $68,851
2021 $1,754 $137,726 $68,875 $68,851
2020 $1,713 $137,726 $68,875 $68,851
2019 $1,713 $137,726 $68,875 $68,851
2018 $1,304 $96,132 $41,325 $54,807
2017 $1,294 $96,132 $41,325 $54,807
2016 $1,251 $96,132 $41,325 $54,807
2015 $1,220 $88,117 $8,659 $79,458
2014 $1,220 $88,117 $8,659 $79,458
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2483170

Doorify MLS

APN: 114731