NOT LISTED FOR SALE

1201 Park Ave Durham, NC 27701

East Durham Neighborhood

Estimated Value: $284,524 - $297,000

0.17 Acre
$1,716,712 Price per Acre
7,405 Sq Ft Lot

Last Sold May 20, 2024

Last sale price $145,000 $103 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,711/month

1 Day on Market

About This Lot

As of May 2024

Incredible and rare opportunity with this beautiful, vacant and FLAT corner lot. Zoned RU-5(2), Urban Tier, 7,525 sf, 0.17 acre, 50x150, excellent neighborhood. Updated UDO states one of the street yards may be developed using side yard standards - this opens up so many possibilities. Think gorgeous and expansive single family with wrap-around porch or modern duplex. Either choice allows for an ADU for long or short-term rental income, additional home office or guests. Garage can have separate driveway coming in from the side street, so your plan does not need a front facing garage. Or split into 2 Small Lots for 2 separate homes. Strategically located site, walk to downtown, walk to Golden Belt, 8 min commute to Duke. Water and sewer available on street, sidewalk already exists.

Last Agent to Sell the Property

Carla Sevilla

Chanticleer Properties LLC License #218327 Listed on: 04/17/2024

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $299

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Cleared Lot

Schools

  • Eastway Elementary School
  • Neal Middle School
  • Northern High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Park Avenue Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$299

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Park Avenue
  • General Property Information Lot Size Dimensions: 50x150
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Vegetation Cleared2: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Lot Size Acres: 0.17
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Community Features:Sidewalks: Yes

Exterior Features

  • Acres: 0.17

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Current Use: Single Family
  • Lot Dimensions: 50x150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 299.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Durham - Eastway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2013
Sold by
Citimortgage
Bought by
Mansour Sherief
Current Estimated Value
$291,841

Purchase Details

Closed on
Mar 22, 2013
Sold by
Smith Sheryl
Bought by
Citi Mortgage Inc

Purchase Details

Closed on
Jan 31, 2002
Sold by
Centex Homes
Bought by
Feaster Estella J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,400
Interest Rate
7.14%

Purchase Details

Closed on
Oct 1, 1998
Sold by
Bradsher Ira Kirk and Bradsher Maggie T
Bought by
Smith Norman and Smith Sheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.96%
Source: Public Records

Range of Values:

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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
Mansour Sherief $12,500 None Available
Citi Mortgage Inc $11,590 None Available
Feaster Estella J $241,500 --
Smith Norman $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mansour Sherief $65,000
Previous Owner Feaster Estella J $109,400
Previous Owner Smith Norman $14,954
Previous Owner Smith Norman $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $145,000 -3.3% $103 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $150,000 +42.9% $107 / Sq Ft
12/14/2023 12/14/23 Off Market $105,000 -- --
06/03/2021 06/03/21 Sold $105,000 -4.5% $75 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $109,900 -- $78 / 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 $1,867 $133,865 $26,347 $107,518
2023 $1,754 $133,865 $26,347 $107,518
2022 $1,713 $133,865 $26,347 $107,518
2021 $1,755 $137,780 $30,262 $107,518
2020 $1,714 $137,780 $30,262 $107,518
2019 $2,867 $230,493 $30,262 $200,231
2018 $1,281 $94,416 $16,812 $77,604
2017 $1,271 $94,416 $16,812 $77,604
2016 $1,228 $94,416 $16,812 $77,604
2015 $1,289 $93,119 $16,867 $76,252
2014 $1,072 $77,448 $16,867 $60,581
Source: Public Records

Agents Affiliated with this Home

  • Carla Sevilla

    Seller's Agent in 2024

    Carla Sevilla

    Chanticleer Properties LLC

    (919) 275-5741

    4 in this area

    212 Total Sales

    Carla Sevilla
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    Non Member Office

  • S

    Seller's Agent in 2021

    S. Michael Mansour

    TruBlu Realty

    (919) 656-4714

    1 in this area

    144 Total Sales

    S. Michael Mansour
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10023400

Doorify MLS

APN: 113003

North Carolina Durham County Durham 27701 East Durham

1201 Park Ave, Durham, NC

This home is located at 1201 Park Ave, Durham, NC 27701 since 17 April 2024 and is currently estimated at $291,841, approximately $207 per square foot. 1201 Park Ave is a home located in Durham County with nearby schools including Eastway Elementary, W.G. Pearson Elementary School, and Brogden Middle.

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Doorify MLS 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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