NOT LISTED FOR SALE

1240 Homecoming Way Durham, NC 27703

Eastern Durham Neighborhood

Estimated Value: $417,000 - $462,000

4 Beds
3 Baths
2,213 Sq Ft
$198/Sq Ft Est. Value

Sale Details

Date Sold: March 21, 2022

Last sale price $450,000 $203 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,806 / mo

5 Days on Market

Highlights

  • Transitional Architecture
  • Loft
  • Community Pool
  • Main Floor Bedroom
  • High Ceiling
  • Tray Ceiling

About This Home

As of March 2022

Lovely home or great investment! 9' ceiling, granite countertop, large kitchen w/SS appliances. Open airy floor plan. Community dog park, pool, walking trails. All in an incredible location close to downtown Durham and RTP. Home is still under builder warranty. No current pictures of interior due to current tenant privacy. Home buyer needs to honor the current lease. Good payment history tenant. House is in normal good condition.

Last Agent to Sell the Property

Peter Cheng

Southern Properties Group Inc. License #280049 Listed on: 02/11/2022

Last Buyer's Agent

Yu Tsang

Southern Properties Group Inc. License #299683

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $569

Year Built

  • Built in 2021

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 46x134x35x140

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,213 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Dining Room
  • Loft
  • Pull Down Stairs to Attic

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • Energy-Efficient Thermostat

Schools

  • Merrick-Moore Elementary School
  • Neal Middle School
  • Southern High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Elite Management Professi Association, Phone Number (919) 233-7660
  • Copley Farm Subdivision

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$569

Year Built

Built in 2021

Lot Details

5,227 Sq Ft Lot

HOA Fees

$58 per month

Parking

2

Listing Details

  • Year Built: 2021
  • Prop. Type: Residential
  • Subdivision Name: Copley Farm
  • Above Grade Finished Sq Ft: 2213.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 46x134x35x140
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Loft: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Lovely home or great investment! 9' ceiling, granite countertop, large kitchen w/SS appliances. Open airy floor plan. Community dog park, pool, walking trails. All in an incredible location close to downtown Durham and RTP. Home is still under builder warranty. No current pictures of interior due to current tenant privacy. Home buyer needs to honor the current lease. Good payment history tenants. House is in normal good condition.
  • General Property Information Association Phone: 919-233-7660
  • General Property Information Above Grade Finished Area: 2213.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 5227.2
  • General Property Information Lot Size Acres: 0.12
  • General Property Information:Living Area3: 2213.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Interior Amenities: Bathtub Only, Entrance Foyer, High Ceilings, Kitchen/Dining Room Combination, Pantry, Shower Only, Smooth Ceilings, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes

Exterior Features

  • Acres: 0.12
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Faces Front
  • Parking Features:Garage: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Playground, Pool, Street Lights
  • Association Fee: 58.0
  • Association Fee Frequency: Monthly
  • Association Name: Elite Management Professi
  • Phone: 919-233-7660
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Management Professi
  • Association Amenities:Pool: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 58.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 46x134x35x140
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 569.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Durham - Merrick-Moore

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 17, 2022
Sold by
V & J Capital Llc
Bought by
Chen Yuhua and Li Qianxi
Seller's Agent
Peter Cheng
Southern Properties Group Inc.
Buyer's Agent
Yu Tsang
Southern Properties Group Inc.
List Price
$400,000
Sold Price
$450,000
Premium/Discount to List
$50,000
12.5%
Current Estimated Value
$433,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,231
Avg. Annual Appreciation
-0.59%
Original Mortgage
$328,500
Outstanding Balance
$305,617
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$133,353

Purchase Details

Closed on
Dec 9, 2021
Sold by
Li Victoria Qiufang and Jiang Jun
Bought by
V & J Capital Llc

Purchase Details

Closed on
Aug 25, 2021
Sold by
Lennar Carolinas Llc
Bought by
Li Victoria Qiufang
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Chen Yuhua $900 Cargill John E
Chen Yuhua $900 Cargill John E
V & J Capital Llc -- None Available
Li Victoria Qiufang $303,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Chen Yuhua $328,500
Closed Chen Yuhua $328,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $450,000 -- --
03/21/2022 03/21/22 Sold $450,000 +12.5% $203 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $400,000 -- $181 / Sq Ft
Source: Doorify MLS

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 $4,752 $479,388 $86,800 $392,588
2024 $3,439 $246,524 $44,680 $201,844
2023 $3,229 $246,524 $44,680 $201,844
2022 $3,155 $246,524 $44,680 $201,844
2021 $569 $44,680 $44,680 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Peter Cheng

    Southern Properties Group Inc.

    (919) 219-4787

    5 in this area

    54 Total Sales

    Peter Cheng
    Section Image

  • Y

    Buyer's Agent in 2022

    Yu Tsang

    Southern Properties Group Inc.

    (919) 518-5292

    3 in this area

    5 Total Sales

    Yu Tsang
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2430743

Doorify MLS

APN: 229530

North Carolina Durham County Durham 27703 Eastern Durham

1240 Homecoming Way, Durham, NC

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