NOT LISTED FOR SALE

1209 Colfax St Durham, NC 27701

Hayti District Neighborhood

Estimated Value: $200,000 - $396,000

4 Beds
2 Baths
1,550 Sq Ft
$176/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $200,000 $129 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,627/month

9 Days on Market

Highlights

  • Landscaped with Trees
  • Board and Batten Siding
  • Carpet
  • Canistota Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • 5-minute walk to Grant Street Park (South)

About This Home

As of December 2021

Investors great opportunity! Property walking distance to NCCU. Long tern tenants have been in place. Lease expires March 2022 and rent can go up. If your looking for a great property with tenants in place, then this is it with unlimited possibilities. On one side of the property there is just woods for peacefulness.

Last Agent to Sell the Property

Phil Slezak

LPT Realty, LLC License #242173 Listed on: 10/21/2021

LPT Realty, LLC

Last Buyer's Agent

Wagner Del Salto

Listingmyhouse.com LLC License #217453

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $857

Year Built

  • Built in 1982

Lot Details

  • Lot Dimensions are 50' x 145' x 50' x145'
  • Landscaped with Trees

Home Design

  • Slab Foundation
  • Board and Batten Siding
  • Wood Siding

Flooring

  • Carpet
  • Vinyl

Parking

  • 1 Parking Space
  • Off-Street Parking

Schools

  • Pearson Elementary School
  • Githens Middle School
  • Jordan High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Gross Income $1,090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$857

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Year Built: 1982
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Lot Size Dimensions: 50' x 145' x 50' x145'
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Lot Features Hardwood Trees: Yes
  • Flooring Vinyl: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl

Exterior Features

  • Construction Type: Board & Batten Siding, Wood Siding
  • Foundation Details: Slab
  • Construction Materials:Board Batten Siding: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1.0
  • Parking Features:Off Street: Yes
  • General Property Information:Parking Total: 1.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Lot Dimensions: 50' x 145' x 50' x145'

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 857.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 1090.0

MLS Schools

  • Elementary School: Durham - Pearson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Dec 3, 2021
Sold by
Thorpe Robert L and Thorpe Joyce P
Bought by
Prime Jacqueline Holmes
Seller's Agent
Phil Slezak
LPT Realty, LLC
Buyer's Agent
Wagner Del Salto
Listingmyhouse.com LLC
List Price
$189,997
Sold Price
$200,000
Premium/Discount to List
$10,003
5.26%
Current Estimated Value
$272,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,957
Avg. Annual Appreciation
8.17%
Original Mortgage
$150,000
Outstanding Balance
$138,016
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$134,941

Purchase Details

Closed on
Aug 10, 2005
Sold by
The Robert L Thorpe & Joyce P Thorpe Rev
Bought by
Thorpe Robert L and Thorpe Joyce P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,550
Interest Rate
4.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Prime Jacqueline Holmes $200,000 None Available
Thorpe Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prime Jacqueline Holmes $150,000
Previous Owner Thorpe Robert L $76,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $200,000 -- --
12/10/2021 12/10/21 Sold $200,000 +5.3% $129 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $189,997 -- $123 / 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 $2,340 $236,098 $102,375 $133,723
2024 $960 $68,845 $23,340 $45,505
2023 $902 $68,845 $23,340 $45,505
2022 $881 $68,845 $23,340 $45,505
2021 $877 $68,845 $23,340 $45,505
2020 $856 $68,845 $23,340 $45,505
2019 $856 $68,845 $23,340 $45,505
2018 $880 $64,852 $10,503 $54,349
2017 $873 $64,852 $10,503 $54,349
2016 $844 $64,852 $10,503 $54,349
2015 $1,414 $102,180 $17,371 $84,809
2014 $1,414 $102,180 $17,371 $84,809
Source: Public Records

Agents Affiliated with this Home

  • Phil Slezak

    Seller's Agent in 2021

    Phil Slezak

    LPT Realty, LLC

    (919) 607-4844

    1 in this area

    30 Total Sales

    Phil Slezak
    Section Image
  • Wagner Del Salto

    Buyer's Agent in 2021

    Wagner Del Salto

    Listingmyhouse.com LLC

    (919) 291-0500

    1 in this area

    16 Total Sales

    Wagner Del Salto
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2414875

Doorify MLS

APN: 117480

North Carolina Durham County Durham 27701 Hayti District

1209 Colfax St, Durham, NC

Not Listed for Sale

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