NOT LISTED FOR SALE
8 Beds
8 Baths
4,200 Sq Ft
1.68 Acre Lot

Sale Details

Date Sold: November 5, 2024

Last sale price $575,000 $137 Per Sq Ft

37 Days on Market

Highlights

  • 1.68 Acre Lot
  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • Easley Elementary Rated A-
  • Tile Flooring
  • Wood Siding

About This Home

As of November 2024

Excellent 4-Unit Investment Opportunity in a growing pocket of Durham - 15 mins to downtown, 20 mins to RTP. All Spacious, 2 bed/1.5 bath townhome-style units. 3 Units rented, 1 unit ready for value-add and new tenants! High demand rental area with great retailers like Starbucks and Walgreens just up the street. Per Durham County - by right 4 more units allowable. Buyer agent to Confirm with the county if important. Unit A - $1320, Unit B - $1400. Roof and HVAC both newer

Last Agent to Sell the Property

Owen Drugan

EVEREST VENTURES LLC License #314441 Listed on: 08/14/2024

Co-Listed By

Faysal Merhi

Costello Real Estate & Investm License #313009

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,448

Year Built

  • Built in 1985

Lot Details

  • 1.68 Acre Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 8 Open Parking Spaces
  • Parking Lot
  • Outside Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • 4 Units
  • Horton Woods Subdivision

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 0824-10-81-2424

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,448

Year Built

Built in 1985

Lot Details

1.68 Acres

Listing Details

  • Year Built: 1985
  • Prop. Type: Residential Income
  • Co List Office Phone: 980-938-8920
  • Subdivision Name: Horton Woods
  • Above Grade Finished Sq Ft: 4200.0
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Levels Two: Yes
  • Flooring Vinyl: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Excellent 4-Unit Investment Opportunity in a growing pocket of Durham - 15 mins to downtown, 20 mins to RTP. All Spacious, 2 bed/1.5 bath townhome-style units. 3 Units rented, 1 unit ready for value-add and new tenants! High demand rental area with great retailers like Starbucks and Walgreens just up the street. Per Durham County - by right 4 more units allowable. Buyer agent to Confirm with the county if important. Unit A - $1320, Unit B - $1400. Roof and HVAC both newer
  • Architectural Style Contemporary: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 4200.0
  • Roof Architectural Shingle: Yes
  • General Property Information Lot Size Square Feet2: 73181.0
  • General Property Information Number Of Buildings2: 1.0
  • General Property Information Lot Size Acres: 1.68
  • General Property Information:Living Area3: 4200.0
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Vinyl
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Roof: Architectural Shingle
  • Acres: 1.68
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Slab
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 8.0
  • Open Parking: Yes
  • Parking Features: Open, Outside, Parking Lot
  • Parking Features:Parking Lot: Yes
  • Parking Features:Outside3: Yes
  • Parking Features:Open: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 8.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 73181.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0824-10-81-2424

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Trash Collection

Tax Info

  • Tax Annual Amount: 1448.3
  • Tax Year: 2023
  • Tax Map Number: 38

Multi Family

  • Number Of Units Total: 4

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Oct 28, 2024
Sold by
Bought by
Seller's Agent
Owen Drugan
EVEREST VENTURES LLC
Buyer's Agent
Non Member
Non Member Office
List Price
$600,000
Sold Price
$575,000
Premium/Discount to List
-$25,000
-4.17%
Views
96

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
0.0609%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2016
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 2015
Sold by
Bought by

Purchase Details

Closed on
Jan 31, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,250
Interest Rate
0.0607%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 2, 2002
Sold by
Bought by
Source: Public Records
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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
$575,000 None Listed On Document
$65,000 --
$30,000 None Available
$185,000 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 $402,500
Previous Owner $190,000
Previous Owner $157,250
Previous Owner $91,300
Previous Owner $96,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
11/05/2024 11/05/24 Sold $575,000 -2.5% $137 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/06/2024 09/06/24 Price Changed $590,000 -1.7% $140 / Sq Ft
08/14/2024 08/14/24 For Sale $600,000 -- $143 / Sq Ft
Source: Doorify MLS

Tax 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.

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 $5,776 $582,672 $300,000 $282,672
2024 $1,671 $119,813 $25,500 $94,313
2023 $1,569 $119,813 $25,500 $94,313
2022 $1,533 $119,813 $25,500 $94,313
2021 $1,526 $119,813 $25,500 $94,313
2020 $1,490 $119,813 $25,500 $94,313
2019 $1,490 $119,813 $25,500 $94,313
2018 $2,413 $177,869 $32,000 $145,869
2017 $2,395 $177,869 $32,000 $145,869
2016 $2,297 $176,543 $32,000 $144,543
2015 $2,464 $178,022 $32,000 $146,022
2014 $2,464 $178,022 $32,000 $146,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10046737

Doorify MLS
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