P
Seller's Agent in 2023
Peter Cheng
Southern Properties Group Inc.
(919) 219-4787
3 in this area
53 Total Sales
115 Hillside Ave Durham, NC 27707
Southside-Saint Teresa NeighborhoodEstimated Value: $186,000 - $307,000
0.14
Acre
$1,664,300
Price per Acre
6,280
Sq Ft Lot
About This Lot
As of March 2023This is your golden opportunity to build your custom home masterpiece on one of Downtown Durham’s most beloved streets! This elevated lot will perfectly accentuate a modern design with a roof-top terrace and multiple indoor-outdoor living spaces. House rendering is for illustration purposes only to show the potential. Buyer will need to bring their own builder and tear down existing property. Seller financing available if needed. Lot is zoned for RU-5(2), good for single family, townhome, or duplex. Existing 744 sq ft small house should be demolished to build a new larger house to maximum the value of this premium lot.
Last Agent to Sell the Property
Southern Properties Group Inc. License #280049 Listed on: 11/16/2022
Property Details
Property Type
- Land
Lot Details
- 6,280 Sq Ft Lot
- Property fronts an easement
- Corner Lot
- Sloped Lot
- Cleared Lot
- Property is zoned RU-5(2)
Schools
- Spaulding Elementary School
- Brogden Middle School
- Jordan High School
Utilities
- Phone Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 30, 2024
Sold by
Kumar Nitin and Kumar Akanksha
Bought by
Garg & Kumar Capital Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Outstanding Balance
$179,569
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$53,433
Purchase Details
Listed on
Nov 16, 2022
Closed on
Mar 19, 2023
Sold by
Choice Rentals Llc
Bought by
Kumar Nitin and Kumar Akanksha
Seller's Agent
Peter Cheng
Southern Properties Group Inc.
Buyer's Agent
Charles Bulthuis
Reformation Asset Management
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Views
126
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.97%
Original Mortgage
$157,500
Interest Rate
5.25%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 7, 2022
Sold by
Asili Development Llc
Bought by
Choice Rentals Llc
Purchase Details
Closed on
Aug 10, 2021
Sold by
Afg Partners Llc
Bought by
Asili Development Llc
Purchase Details
Closed on
Mar 1, 2021
Sold by
Legacy Development Holdings Llc
Bought by
Afo Partners Llc
Purchase Details
Closed on
May 25, 2018
Sold by
Callis Jesse
Bought by
Legacy Development Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,052
Interest Rate
4.4%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 25, 2013
Sold by
Brown Betty D
Bought by
Callis Jesse
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Garg & Kumar Capital Llc | -- | None Listed On Document | |
| Garg & Kumar Capital Llc | -- | None Listed On Document | |
| Kumar Nitin | $175,000 | None Listed On Document | |
| Choice Rentals Llc | -- | None Listed On Document | |
| Choice Rentals Llc | -- | None Listed On Document | |
| Asili Development Llc | -- | None Available | |
| Afo Partners Llc | -- | None Available | |
| Legacy Development Holdings Llc | $100,000 | None Available | |
| Callis Jesse | $20,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Garg & Kumar Capital Llc | $182,000 | |
| Closed | Garg & Kumar Capital Llc | $182,000 | |
| Previous Owner | Kumar Nitin | $157,500 | |
| Previous Owner | Legacy Development Holdings Llc | $114,052 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/14/2023 12/14/23 | Off Market | $175,000 | -- | -- |
| 03/29/2023 03/29/23 | Sold | $175,000 | 0.0% | $235 / Sq Ft |
| 02/20/2023 02/20/23 | Pending | -- | -- | -- |
| 12/07/2022 12/07/22 | Price Changed | $175,000 | -5.4% | $235 / Sq Ft |
| 11/16/2022 11/16/22 | For Sale | $185,000 | -- | $249 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $1,914 | $193,031 | $185,250 | $7,781 |
| 2024 | $1,142 | $81,856 | $57,200 | $24,656 |
| 2023 | $1,062 | $81,037 | $57,200 | $23,837 |
| 2022 | $1,037 | $81,037 | $57,200 | $23,837 |
| 2021 | $1,032 | $81,037 | $57,200 | $23,837 |
| 2020 | $1,008 | $81,037 | $57,200 | $23,837 |
| 2019 | $1,008 | $81,037 | $57,200 | $23,837 |
| 2018 | $1,104 | $81,412 | $17,160 | $64,252 |
| 2017 | $1,096 | $81,412 | $17,160 | $64,252 |
| 2016 | $1,059 | $81,412 | $17,160 | $64,252 |
| 2015 | $737 | $53,270 | $12,462 | $40,808 |
| 2014 | $737 | $53,270 | $12,462 | $40,808 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Cheng
-
Charles Bulthuis
Buyer's Agent in 2023
Charles Bulthuis
Reformation Asset Management
(919) 452-4833
7 in this area
45 Total Sales
Map
Source: Doorify MLS
MLS Number: 2483847
APN: 118611
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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