NOT LISTED FOR SALE

1317 Cherrycrest Dr Durham, NC 27704

Duke Homestead Neighborhood

Estimated Value: $301,000 - $363,766

4 Beds
3 Baths
2,166 Sq Ft
$149/Sq Ft Est. Value

Last Sold May 03, 2022

Last sale price $270,000 $125 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,981/month

73 Days on Market

Highlights

  • Corner Lot
  • Accessible Washer and Dryer
  • Carpet
  • Easley Elementary Rated A-
  • Central Air
  • Heat Pump System

About This Home

As of May 2022

Investor Dream!! Both units are full. Unit A totally renovated last year with new HVAC, flooring and paint and two new windows this year. Unit B has long term stable tenant since 2014. New water line. Some painting and some new flooring in both.Highest and best Friday April 1st at noon.

Last Agent to Sell the Property

Audrey Sanders

HCO Properties License #270833 Listed on: 01/19/2022

Last Buyer's Agent

Isabella Frazier

Trelora Realty Inc. License #328506

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,939

Year Built

  • Built in 1984

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 69x50x55x16x74x115
  • Corner Lot

Parking

  • 2 Parking Spaces

Home Design

  • Masonite

Flooring

  • Carpet
  • Vinyl

Schools

  • Holt Elementary School
  • Carrington Middle School
  • Riverside High School

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Laundry in unit
  • Crawl Space
  • Accessible Washer and Dryer

Community Details

Overview

  • 2 Units
  • Village Green Subdivision

Building Details

  • Gross Income $1,575

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,939

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential Income
  • Subdivision Name: Village Green
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Lot Size Dimensions: 69x50x55x16x74x115
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 2.0
  • General Property Information Lot Size Square Feet2: 9148.0
  • General Property Information Lot Size Acres: 0.21
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Acres: 0.21
  • Construction Type: Masonite
  • Accessibility Features:Accessible WasherDryer: Yes
  • Construction Materials:Masonite: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Schools

  • Ninth Grade High School: Durham - Riverside
  • Middle Or Junior School: Durham - Carrington

Lot Info

  • Lot Dimensions: 69x50x55x16x74x115
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 1939.0
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 1575.0

MLS Schools

  • Elementary School: Durham - Holt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2003
Sold by
Stelling Marilyn
Bought by
The John Gorecki Living Trust
Current Estimated Value
$323,692

Purchase Details

Closed on
Mar 14, 2001
Sold by
Boyce William C and Boyce Sandra K
Bought by
Stelling Robert E and Stelling Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,410
Interest Rate
7.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The John Gorecki Living Trust $122,500 --
Stelling Robert E $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stelling Robert E $94,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $270,000 -- --
05/03/2022 05/03/22 Sold $270,000 0.0% $125 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $270,000 0.0% $125 / Sq Ft
03/18/2022 03/18/22 Price Changed $270,000 +1.9% $125 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $265,000 0.0% $122 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $265,000 -- $122 / 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 $3,463 $349,380 $117,975 $231,405
2024 $2,645 $189,601 $36,300 $153,301
2023 $2,484 $189,601 $36,300 $153,301
2022 $2,427 $189,601 $36,300 $153,301
2021 $2,415 $189,601 $36,300 $153,301
2020 $2,358 $189,601 $36,300 $153,301
2019 $2,358 $189,601 $36,300 $153,301
2018 $1,954 $144,022 $24,200 $119,822
2017 $1,939 $144,022 $24,200 $119,822
2016 $1,874 $144,022 $24,200 $119,822
2015 $2,121 $153,200 $23,757 $129,443
2014 -- $153,200 $23,757 $129,443
Source: Public Records

Agents Affiliated with this Home

  • Audrey Sanders

    Seller's Agent in 2022

    Audrey Sanders

    HCO Properties

    (919) 423-5333

    3 in this area

    17 Total Sales

    Audrey Sanders
    Section Image
  • Isabella Frazier

    Buyer's Agent in 2022

    Isabella Frazier

    Trelora Realty Inc.

    (704) 619-2313

    1 in this area

    251 Total Sales

    Isabella Frazier
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2427377

Doorify MLS

APN: 127125

North Carolina Durham County Durham 27704 Duke Homestead

1317 Cherrycrest Dr, Durham, NC

Not Listed for Sale

MultiFamily

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