NOT LISTED FOR SALE

1312 Martin Luther King Pkwy Durham, NC 27707

Hope Valley Neighborhood

Estimated Value: $438,000 - $524,000

3 Beds
2 Baths
1,660 Sq Ft
$289/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $407,000 $245 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,976/month

5 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Living Room
  • Wood Flooring
  • Breakfast Room
  • Landscaped with Trees

About This Home

As of April 2022

This GEM is located 5 minutes to shopping & dining,10 minutes to DT DRHM & South Point, & 15 to RTP. It sits on ~.5 acre with expansive back yard offering the opportunity to create places to play, entertain, or garden. Move in ready: NEW ROOF, NEW GUTTERS, FRESH PAINT & NEW KITCHEN FLOORS, with room to add your style. 3 BR + 2 full baths along with a separate living room/dining room & family room are yours. And the amply sized basement is a perfect place to create shop, office or bonus space. Dream Big!

Last Agent to Sell the Property

Erin Daniel

Compass -- Chapel Hill - Durham License #221294 Listed on: 03/25/2022

Compass -- Chapel Hill - Durham

Last Buyer's Agent

Jed Gronewald

Relevate Real Estate Inc. License #217735

Relevate Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,087

Year Built

  • Built in 1966

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 101x210x90x210
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Foundation

Interior Spaces

  • 1,660 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Laundry on main level

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Block Basement Construction

Parking

  • 1 Carport Space
  • Private Driveway

Schools

  • Hope Valley Elementary School
  • Githens Middle School
  • Jordan High School

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,087

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Year Built: 1966
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1660.0
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 335.0
  • General Property Information Below Grade Unfinished Area: 872.0
  • General Property Information Total Unfinished Area2: 1207.0
  • General Property Information Lot Size Dimensions: 101x210x90x210
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Laundry Features Laundry Closet: Yes
  • Basement Unheated: Yes
  • General Property Information Above Grade Finished Area: 1660.0
  • General Property Information Carport YN: Yes
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Lot Size Square Feet2: 20037.6
  • General Property Information Lot Size Acres: 0.46
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Luxury Vinyl, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Primary Downstairs, Shower Only
  • Basement: Block, Concrete, Exterior Entry, Interior Entry, Unfinished, Unheated
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Appliances:Gas Range: Yes
  • Basement:Unfinished: Yes
  • Basement:Block: Yes
  • Basement:Concrete: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.46
  • Construction Type: Brick
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Concrete, Driveway
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Carport: Yes

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: 101x210x90x210
  • Lot Size Sq Ft: 20037.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3087.0

MLS Schools

  • Elementary School: Durham - Hope Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Apr 20, 2022
Sold by
Cbc Investments Llc
Bought by
Baker Jennifer Frank
Seller's Agent
Erin Daniel
Compass -- Chapel Hill - Durham
Buyer's Agent
Jed Gronewald
Relevate Real Estate Inc.
List Price
$325,000
Sold Price
$407,000
Premium/Discount to List
$82,000
25.23%
Current Estimated Value
$479,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,829
Avg. Annual Appreciation
3.94%
Original Mortgage
$227,000
Outstanding Balance
$215,194
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$247,871

Purchase Details

Closed on
Jun 29, 2012
Sold by
Cleary Charles W and Cleary Mary
Bought by
Cbc Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2012
Sold by
Cbc Investments Llc
Bought by
Cleary Charles W and Shaw Mary Cassie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2004
Sold by
Reina Carlos and Reina Heather
Bought by
Cbc Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
5.68%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Baker Jennifer Frank $407,000 Milestones Law
Cbc Investments Llc -- None Available
Cleary Charles W -- None Available
Cbc Investments Llc $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Jennifer Frank $227,000
Previous Owner Cbc Investments Llc $95,000
Previous Owner Cleary Charles W $122,500
Previous Owner Cbc Investments Llc $122,000
Previous Owner Cbc Investments Llc $120,000
Closed Cbc Investments Llc $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $407,000 -- --
04/27/2022 04/27/22 Sold $407,000 +25.2% $245 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $325,000 -- $196 / 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 $4,335 $310,792 $83,950 $226,842
2023 $4,071 $242,370 $83,835 $158,535
2022 $3,102 $242,370 $83,835 $158,535
2021 $3,088 $242,370 $83,835 $158,535
2020 $3,015 $242,370 $83,835 $158,535
2019 $3,015 $242,370 $83,835 $158,535
2018 $2,893 $213,257 $51,030 $162,227
2017 $2,872 $213,257 $51,030 $162,227
2016 $2,775 $213,257 $51,030 $162,227
2015 $2,735 $197,573 $35,531 $162,042
2014 $2,735 $197,573 $35,531 $162,042
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2438429

Doorify MLS

APN: 123915