NOT LISTED FOR SALE

1319 Martin Luther King Pkwy Durham, NC 27707

Hope Valley Neighborhood

Estimated Value: $480,000 - $507,348

3 Beds
2.5 Baths
1,898 Sq Ft
$261/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $500,000 $263 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,999/month

2 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Bamboo Flooring
  • Contemporary Architecture
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of April 2022

Super cool custom built contemporary home convenient to Downtown Durham, Southpoint Mall, Chapel Hill, and I-40! This 1898 sq ft home features 1st floor master suite, red brick and bamboo flooring, vaulted ceiling in family room with walls of windows and natural light. Overall open layout with spacious kitchen, SST appliances, 2 secondary bedrooms on 2nd floor, huge deck with access from family room and master suite overlooking pond, garden, and woods. 2-car garage with unfinished storage in basement.

Last Agent to Sell the Property

Michael Newport

Mallard Realty Group License #271928 Listed on: 03/02/2022

Last Buyer's Agent

Rebecca Ives

Inhabit Real Estate License #252941

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,308

Year Built

  • Built in 2008

Lot Details

  • 10,019 Sq Ft Lot
  • Open Lot
  • Wooded Lot
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Laundry Room
  • Utility Room
  • Partially Finished Basement
  • Laundry in Basement

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher
  • Tile Countertops

Flooring

  • Bamboo
  • Brick
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathtub

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Freeman Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,308

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2008
  • Prop. Type: Residential
  • Road Frontage Type: Other
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Freeman
  • Above Grade Finished Sq Ft: 1702.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 660.0
  • General Property Information Total Unfinished Area2: 660.0
  • General Property Information Lot Size Dimensions: See Plat Map
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Room Types Utility Room: Yes
  • Interior Features Bathtub Only: Yes
  • Architectural Style Contemporary: Yes
  • Flooring Bamboo: Yes
  • Laundry Features In Basement: Yes
  • General Property Information Above Grade Finished Area: 1702.0
  • General Property Information Below Grade Finished Area: 196.0
  • General Property Information Carport YN: No
  • Flooring Brick2: Yes
  • General Property Information Lot Size Square Feet2: 10018.8
  • General Property Information Lot Size Acres: 0.23
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Bamboo, Brick, Vinyl
  • Interior Amenities: Bathtub Only, Ceiling Fan(s), Entrance Foyer, High Ceilings, Living/Dining Room Combination, Primary Downstairs, Smooth Ceilings, Storage, Tile Counters, Vaulted Ceiling(s)
  • Basement: Partially Finished
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Range Hood, Tankless Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 196.0
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Primary Downstairs: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Tile Counters: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.23
  • Construction Type: Fiber Cement
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Open Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Gravel
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • HeatingCooling:Heat Pump: 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: See Plat Map
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3308.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Durham - Hope Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2020
Sold by
Wolf Karl Mathias and Pallottini Rita
Bought by
Wolf Karl Mathias
Current Estimated Value
$495,087

Purchase Details

Closed on
Oct 1, 2018
Sold by
Opendoor Property W4 Llc
Bought by
Wolf Karl Mathias and Pallottini Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Outstanding Balance
$134,660
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$360,297

Purchase Details

Closed on
Aug 2, 2018
Sold by
Kohler Elizabeth Lucartha and Estate Of Lucartha Kohler
Bought by
Opendoor Property W4 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Outstanding Balance
$134,660
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$360,297

Purchase Details

Closed on
Aug 14, 2009
Sold by
Ledbetter Freeman H and Ledbetter Willie M
Bought by
Kohler Lucartha
Source: Public Records

Range of Values:

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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
Wolf Karl Mathias -- None Available
Wolf Karl Mathias $260,000 None Available
Opendoor Property W4 Llc $241,000 None Available
Kohler Lucartha $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolf Karl Mathias $208,000
Previous Owner Kohler Lucartha $200,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $500,000 -- --
04/25/2022 04/25/22 Sold $500,000 +26.6% $263 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $395,000 -- $208 / 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 $3,623 $259,734 $70,667 $189,067
2023 $3,402 $259,734 $70,667 $189,067
2022 $3,324 $259,734 $70,667 $189,067
2021 $3,309 $259,734 $70,667 $189,067
2020 $3,231 $259,734 $70,667 $189,067
2019 $3,231 $259,734 $70,667 $189,067
2018 $2,716 $200,212 $36,870 $163,342
2017 $1,348 $200,212 $36,870 $163,342
2016 $1,302 $200,212 $36,870 $163,342
2015 $1,555 $224,685 $31,348 $193,337
2014 $1,555 $224,685 $31,348 $193,337
Source: Public Records

Agents Affiliated with this Home

  • Michael Newport

    Seller's Agent in 2022

    Michael Newport

    Mallard Realty Group

    (919) 747-1950

    1 in this area

    162 Total Sales

    Michael Newport
    Section Image

  • R

    Buyer's Agent in 2022

    Rebecca Ives

    Inhabit Real Estate

    (919) 641-5690

    12 in this area

    180 Total Sales

    Rebecca Ives
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2433980

Doorify MLS

APN: 208982

North Carolina Durham County Durham 27707 Hope Valley

1319 Martin Luther King Pkwy, Durham, NC

This home is located at 1319 Martin Luther King Pkwy, Durham, NC 27707 since 02 March 2022 and is currently estimated at $495,087, approximately $260 per square foot. This property was built in 2008. 1319 Martin Luther King Pkwy is a home located in Durham County with nearby schools including Morehead Montessori, Sherwood Githens Middle, and Jordan High School.

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