NOT LISTED FOR SALE

Estimated Value: $740,000

1.94 Acres
$381,443 Price per Acre
84,506 Sq Ft Lot

Last Sold October 14, 2021

Last sale price $110,000

Est. 573% increase in value since last sale

Current estimated payment $4,061/month

36 Days on Market

About This Lot

As of October 2021

Here's your chance to buy just under 2 acres of land in a highly desirable area of Durham, with existing road frontage and surrounded with new development! Minutes from Southpoint mall and only 15 minutes from Downtown Durham, any property built on this lot will fly off the shelves!

Last Agent to Sell the Property

Ralph Harvey

Listwithfreedom.com License #304715 Listed on: 09/02/2021

Last Buyer's Agent

Ralph Harvey

ListWithFreedom.com License #304715

ListWithFreedom.com

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,164

Lot Details

  • 1.94 Acre Lot

Schools

  • Southwest Elementary School
  • Lowes Grove Middle School
  • Hillside High School

Community Details

  • Colonial Acres Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$2,164

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Other
  • Subdivision Name: Colonial Acres
  • Sewer:Public Sewer: Yes
  • General Property Information Lot Size Acres: 1.941
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.94
  • Lot Features:Other19: Yes

Utilities

  • Utilities: Other

Schools

  • Ninth Grade High School: Durham - Hillside
  • Middle Or Junior School: Durham - Lowes Grove

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 84549.96
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Durham - Southwest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Oct 15, 2021
Sold by
Reid Larry D and Reid Karen M
Bought by
Three Kids Realty Llc
Seller's Agent
Ralph Harvey
Listwithfreedom.com
Buyer's Agent
Ralph Harvey
ListWithFreedom.com
List Price
$174,900
Sold Price
$110,000
Premium/Discount to List
-$64,900
-37.11%
Current Estimated Value
$740,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$630,000
Avg. Annual Appreciation
60.29%
Original Mortgage
$111,400
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Three Kids Realty Llc $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Three Kids Realty Llc $111,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $110,000 -- --
10/14/2021 10/14/21 Sold $110,000 -12.0% --
10/08/2021 10/08/21 Pending -- -- --
09/27/2021 09/27/21 Price Changed $124,999 -7.4% --
09/21/2021 09/21/21 Price Changed $135,000 -10.0% --
09/07/2021 09/07/21 Price Changed $149,999 -14.2% --
09/02/2021 09/02/21 For Sale $174,900 -- --
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 $2,164 $218,250 $218,250 $0
2024 $1,282 $91,906 $91,906 $0
2023 $1,204 $91,906 $91,906 $0
2022 $1,176 $91,906 $91,906 $0
2021 $1,171 $91,906 $91,906 $0
2020 $1,143 $91,906 $91,906 $0
2019 $1,143 $91,906 $91,906 $0
2018 $1,209 $89,100 $89,100 $0
2017 $1,200 $89,100 $89,100 $0
2016 $1,159 $89,100 $89,100 $0
2015 $788 $56,942 $56,942 $0
2014 $788 $56,942 $56,942 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2405561

Doorify MLS

APN: 146794