NOT LISTED FOR SALE

1317 Martin Luther King Pkwy Durham, NC 27707

Hope Valley Neighborhood

Estimated Value: $556,000 - $624,000

3 Beds
2.5 Baths
2,159 Sq Ft
$273/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $605,000 $280 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,557/month

1 Day on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • No HOA
  • Contemporary Architecture
  • Main Floor Bedroom
  • Home Office

About This Home

As of May 2024

Privacy, convenience, and architectural style take center stage here! A sun drenched garden on one side & lush trees on the other greet you as you drive up the gently winding driveway. Comfortably nestled on over 1/2 an acre & between trees on the north side & a welcoming backyard on the south side, you'll find a beautifully designed home by Freeman Ledbetter who specialized in building solar, eco friendly homes. One of a kind features make this home truly special - from the inverted floor plan which makes it feel like you live in a tree house to brick floors and an adobe fireplace. This home is truly special. You have everything you've been looking for: open floor plan, stunning light fixtures, updated kitchen and primary bathroom, newer HVAC, private owner's suite with a huge walk-in closet, a light filled office/study/yoga space (imagine the possibilities!), fenced backyard, & 2-car garage with a built-in climbing wall. Conveniently located in the heart of SW Durham: Walk/bike to Third Fork Creek Trail & Triangle Rock Club. 5 minutes or less to grocery stores, Target, UHill, library, & Rockwood. 10 minutes or less to Southpoint Mall, NCCU, Duke, Downtown Durham. Welcome home. *3 window panes have lost their seal, see survey for encroachments.

Last Agent to Sell the Property

Mariana Byrd

Urban Durham Realty License #214441 Listed on: 04/11/2024

Last Buyer's Agent

Lori Valenti

Property Specific, LLC License #273436

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,874

Year Built

  • Built in 2003

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 138x213x91x65x218
  • Garden
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Private Driveway
  • Additional Parking
  • 4 Open Parking Spaces

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2,159 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Smooth Ceilings
  • Double Sided Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Pull Down Stairs to Attic

Kitchen

  • Convection Oven
  • Free-Standing Range
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Brick
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Built by Freemand Ledbetter

Listing and Financial Details

  • Assessor Parcel Number 0810-83-2600

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,874

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Builder Name: Freemand Ledbetter
  • Year Built: 2003
  • Prop. Type: Residential
  • Horses: No
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2159.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Lot Size Dimensions: 138x213x91x65x218
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features Water Closet: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: First
  • Room Types Bedroom 3 Level: First
  • Room Types Dining Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Second
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • General Property Information Senior Community YN: No
  • Architectural Style Contemporary: Yes
  • Foundation Details Block3: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 2159.0
  • General Property Information Carport YN: No
  • Flooring Brick2: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Room Types Laundry2: Yes
  • Fencing Back Yard: Yes
  • Laundry Features Inside: Yes
  • Laundry Features Lower Level: Yes
  • General Property Information Lot Size Square Feet2: 24393.6
  • General Property Information Lot Size Acres: 0.56
  • General Property Information Stories2: 2
  • General Property Information Builder Name: Freemand Ledbetter
  • General Property Information Waterfront YN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Brick, Tile, Wood
  • Interior Amenities: Bathtub/Shower Combination, Double Vanity, Open Floorplan, Smooth Ceilings, Walk-In Closet(s), Water Closet
  • Private Spa: No
  • Appliances: Convection Oven, Dishwasher, Dryer, Free-Standing Range, Free-Standing Refrigerator, Gas Water Heater, Induction Cooktop, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Double Sided, Living Room
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Living Room: Yes
  • Appliances:Convection Oven: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Free-Standing Refrigerator: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Induction Cooktop: Yes
  • Appliances:Free-Standing Range: Yes
  • Fireplace Features:Double Sided: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fenced Yard, Garden
  • Fencing: Back Yard
  • Acres: 0.56
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Home Warranty: No
  • Construction Type: Fiber Cement
  • Foundation Details: Block
  • Patio And Porch Features: Patio
  • Construction Materials:Fiber Cement: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Lot Features:Back Yard2: Yes
  • Exterior Features:Garden: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Additional Parking, Attached, Driveway, Garage, Garage Faces Side, Private
  • Total Parking Spaces: 6.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Private3: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 6.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • 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: 138x213x91x65x218
  • Lot Size Sq Ft: 24393.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 0810-83-2600

Tax Info

  • Tax Annual Amount: 3874.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Durham - Hope Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
May 3, 2024
Sold by
Gundersen Knute and Salk-Gundersen Kateri
Bought by
Owens Taylor and Krick Matthew
Seller's Agent
Mariana Byrd
Urban Durham Realty
Buyer's Agent
Lori Valenti
Property Specific, LLC
List Price
$530,000
Sold Price
$605,000
Premium/Discount to List
$75,000
14.15%
Views
13
Current Estimated Value
$589,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,227
Avg. Annual Appreciation
-3.61%
Original Mortgage
$484,000
Outstanding Balance
$475,634
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$101,515

Purchase Details

Closed on
Jun 15, 2019
Sold by
Matson John P and Powell James Rodney
Bought by
Ronyak Steven J and Ronyak Amanda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,400
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2019
Sold by
Ronyak Steven J and Ronyak Amanda S
Bought by
Gundersen Knute and Salk Gundersen Kateri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,400
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2014
Sold by
Matson John P
Bought by
Ronyak Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2004
Sold by
Ledbetter Freeman H and Ledbetter Willie M
Bought by
Matson John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Owens Taylor $605,000 None Listed On Document
Ronyak Steven J -- Non Available
Gundersen Knute $332,000 None Available
Ronyak Steven J $250,000 None Available
Matson John P $246,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Taylor $484,000
Previous Owner Gundersen Knute $310,000
Previous Owner Gundersen Knute $315,400
Previous Owner Ronyak Steven J $196,481
Previous Owner Ronyak Steven J $196,794
Previous Owner Ronyak Steven $200,000
Previous Owner Matson John P $197,000
Closed Matson John P $49,270
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $605,000 +14.2% $280 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $530,000 -- $245 / 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 $4,125 $295,748 $95,910 $199,838
2023 $3,874 $295,748 $95,910 $199,838
2022 $3,785 $295,748 $95,910 $199,838
2021 $3,768 $295,748 $95,910 $199,838
2020 $3,679 $295,748 $95,910 $199,838
2019 $3,679 $295,748 $95,910 $199,838
2018 $2,951 $217,525 $47,880 $169,645
2017 $2,929 $217,525 $47,880 $169,645
2016 $2,830 $217,525 $47,880 $169,645
2015 $2,883 $208,294 $43,176 $165,118
2014 $2,883 $208,294 $43,176 $165,118
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10022549

Doorify MLS

APN: 124006