NOT LISTED FOR SALE

138 Cedar Elm Rd Durham, NC 27713

Hope Valley Neighborhood

Estimated Value: $328,000 - $349,000

3 Beds
3.5 Baths
1,748 Sq Ft
$193/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $310,000 $177 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,008/month

Highlights

  • Wood Flooring
  • No HOA
  • Double Vanity
  • Granite Countertops
  • Fireplace
  • Walk-In Closet

About This Home

As of May 2024

Hope Valley Farms at its finest. Spacious two- or three-bedroom townhouse. Sunny and bright main level with hardwood flooring and an open floorplan. Cook's delight kitchen with ample workspace and an opening to the dining room/living room combination. The cook can be part of the party. You will love the 42 inch cabinets and the black appliances. Up one level to a master suite, second bedroom, second bath and laundry space. The master has views of the woods behind the home. The lower level has a family room or third bedroom and a full bath. This home offers ample outside living space with a rear deck and patio. Pets per policy. Tenant has 24 hours to be approved, then 24 hours to review and sign lease, then 24 hours to make deposit or obtain an Obligo guaranty to hold home until move-in. A 635-credit score is required. Applicants may not have evictions, collections, charge offs or judgements and a 55% debt-to-income ratio is required.Ask us about moving in security deposit free, with Obligo a security deposit alternative.Asset Protect renter's insurance is required $15 per month or any portion of month.MLSullivan Property Management is a professional property management company based in Durham, NC. We serve Durham County, Wake County, Orange County, Chatham County, and eastern parts of Alamance County, North Carolina. We offer a variety of property management solutions tailored to fit owner's needs.

Last Agent to Rent the Property

Michael Sullivan

ML Sullivan Property Management License #199065 Listed on: 03/29/2024

Last Renter's Agent

Turner Bass

ML Sullivan Property Management License #321675

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,817

Year Built

  • Built in 2006

Lot Details

  • 1,307

Parking

  • 2 Car Garage
  • Off-Street Parking
  • Assigned Parking

Interior Spaces

  • 1,748 Sq Ft Home
  • Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity

Home Security

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,200
  • Property Available on 4/6/24
  • Tenant pays for cable TV, electricity, gas, hot water, sewer, trash collection, water
  • The owner pays for association fees
  • 12 Month Lease Term

Community Details

Pet Policy

  • Pet Deposit $400
  • Dogs Allowed
  • Breed Restrictions

Additional Features

  • No Home Owners Association
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,817

Year Built

Built in 2006

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Hot Water, Sewer, Trash Collection, Water
  • Lease Term: 12 Months
  • Owner Pays: Association Fees
  • Available Date: 2024-04-06

Listing Details

  • Year Built: 2006
  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 1748.0
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2024-04-06
  • Contract Information Security Deposit2: 2200.0
  • General Property Information Above Grade Finished Area: 1748.0
  • Pets Allowed Dogs OK: Yes
  • Structure Type Townhouse: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Vinyl, Wood
  • Interior Amenities: Double Vanity, Granite Counters, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Appliances Dishwasher: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Door Features:Storm Door(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Off Street
  • Parking Features:Assigned: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Off Street: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No
  • Fees Pet Deposit: 400.0

Association/Amenities

  • Owner Pays:Association Fees: Yes
  • General Property Information:Association YN: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2021
Closed on
Jan 20, 2022
Sold by
Nicole Lee Danielle
Bought by
Laganas Melanie
Seller's Agent
Daniel Gluckin
Compass -- Raleigh
Buyer's Agent
Shayla Nasiri
Choice Residential Real Estate
List Price
$300,000
Sold Price
$310,000
Premium/Discount to List
$10,000
3.33%
Current Estimated Value
$334,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,498
Avg. Annual Appreciation
2.69%
Original Mortgage
$310,000
Outstanding Balance
$289,182
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$52,661

Purchase Details

Closed on
Nov 23, 2016
Sold by
Jenkins Anita Matthews
Bought by
Lee Danielle Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.75%
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
Laganas Melanie $310,000 Jackson Law Pc
Lee Danielle Nicole $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laganas Melanie $310,000
Previous Owner Lee Danielle Nicole $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Rented $2,100 -4.5% --
03/29/2024 03/29/24 For Rent $2,200 0.0% --
12/14/2023 12/14/23 Off Market $310,000 -- --
01/20/2022 01/20/22 Sold $310,000 +3.3% $177 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
12/06/2021 12/06/21 For Sale $300,000 -- $172 / 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 $2,817 $348,880 $80,000 $268,880
2024 $2,817 $201,925 $40,000 $161,925
2023 $2,645 $201,925 $40,000 $161,925
2022 $2,584 $201,925 $40,000 $161,925
2021 $2,572 $201,925 $40,000 $161,925
2020 $2,512 $201,925 $40,000 $161,925
2019 $2,512 $201,925 $40,000 $161,925
2018 $2,200 $162,214 $35,000 $127,214
2017 $2,184 $162,214 $35,000 $127,214
2016 $2,111 $162,214 $35,000 $127,214
2015 $2,630 $189,967 $35,700 $154,267
2014 $2,630 $189,967 $35,700 $154,267
Source: Public Records

Agents Affiliated with this Home

  • Michael Sullivan

    Landlord's Agent in 2024

    Michael Sullivan

    ML Sullivan Property Management

    (919) 493-7633

    3 in this area

    86 Total Sales

    Michael Sullivan
    Section Image
  • Turner Bass

    Tenant's Agent in 2024

    Turner Bass

    ML Sullivan Property Management

    (252) 531-1564

    1 in this area

    17 Total Sales

    Turner Bass
    Section Image
  • Daniel Gluckin

    Seller's Agent in 2022

    Daniel Gluckin

    Compass -- Raleigh

    (336) 420-0147

    4 in this area

    186 Total Sales

    Daniel Gluckin
    Section Image
  • Shayla Nasiri

    Buyer's Agent in 2022

    Shayla Nasiri

    Choice Residential Real Estate

    (910) 354-9657

    1 in this area

    12 Total Sales

    Shayla Nasiri
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10019963

Doorify MLS

APN: 205292

North Carolina Durham County Durham 27713 Hope Valley

138 Cedar Elm Rd, Durham, NC

This home is located at 138 Cedar Elm Rd, Durham, NC 27713 since 29 March 2024 and is currently priced at $338,145. This property was built in 2006. 138 Cedar Elm Rd is a home located in Durham County with nearby schools including Morehead Montessori, Sherwood Githens Middle, and Jordan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes