P
Seller's Agent in 2024
Pat Sosa
Redfin Corporation
1406 Calvin St Durham, NC 27701
East Durham NeighborhoodEstimated Value: $121,000 - $129,000
2
Beds
3
Baths
1,028
Sq Ft
$122/Sq Ft
Est. Value
Highlights
- Transitional Architecture
- Wood Siding
- 1-Story Property
- No HOA
- No Heating
About This Home
As of September 2024Prime investment opportunity! 3 duplex portfolio located near downtown Durham. Each unit is completely gutted down to the studs ready for your imagination. Restore them to their previous 1bd/1ba units or potentially restore them to SFR. This one-in-a-lifetime opportunity presents an incredible chance to revitalize and enhance the value of these assets. Savvy or beginning investors can capitalize on the market demand or rental market. Two other units side by side. 1404 and 1402 are offered as well as a PACKAGE deal. The properties are being sold as is allowing investors to determine their exit strategies. Seize the opportunity & act fast!
Last Agent to Sell the Property
Pat Sosa
Redfin Corporation License #344512 Listed on: 07/24/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $756
Year Built
- Built in 1954
Lot Details
- 0.3 Acre Lot
Home Design
- Transitional Architecture
- Permanent Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,028 Sq Ft Home
- 1-Story Property
Schools
- Eastway Elementary School
- Durham School Of The Arts Middle School
- Durham School Of The Arts High School
Utilities
- No Cooling
- No Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 110977
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2024
Closed on
Sep 25, 2024
Sold by
Durham Executive Suites Llc
Bought by
Hophilis Properties Llc
Seller's Agent
Pat Sosa
Redfin Corporation
Buyer's Agent
J.T. Smith
EXP REALTY OF PIEDMONT NC LLC
List Price
$169,000
Sold Price
$130,000
Premium/Discount to List
-$39,000
-23.08%
Views
83
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,000
Avg. Annual Appreciation
-3.77%
Original Mortgage
$194,900
Outstanding Balance
$192,905
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
-$67,905
Purchase Details
Closed on
Jan 30, 2019
Sold by
Simpson Robin K and Simpson Michelle L
Bought by
Durham Executive Suites Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 17, 2019
Sold by
Porter Logan Barbara Lee and Logan Alphonso
Bought by
Simpson Robin K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 31, 2001
Sold by
Mikat Jonathan G and Mikat Roxanne M
Bought by
Porter Barbara Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
6.74%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hophilis Properties Llc | $130,000 | None Listed On Document | |
| Hophilis Properties Llc | $130,000 | None Listed On Document | |
| Durham Executive Suites Llc | -- | None Available | |
| Simpson Robin K | $85,000 | None Available | |
| Porter Barbara Lee | $48,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hophilis Properties Llc | $194,900 | |
| Closed | Hophilis Properties Llc | $194,900 | |
| Previous Owner | Simpson Robin K | $63,750 | |
| Previous Owner | Porter Barbara Lee | $38,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/26/2024 09/26/24 | Sold | $130,000 | -23.1% | $126 / Sq Ft |
| 08/16/2024 08/16/24 | Pending | -- | -- | -- |
| 07/24/2024 07/24/24 | For Sale | $169,000 | -- | $164 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $1,467 | $147,995 | $117,000 | $30,995 |
| 2024 | $872 | $62,527 | $22,674 | $39,853 |
| 2023 | $819 | $62,527 | $22,674 | $39,853 |
| 2022 | $800 | $62,527 | $22,674 | $39,853 |
| 2021 | $797 | $62,527 | $22,674 | $39,853 |
| 2020 | $778 | $62,527 | $22,674 | $39,853 |
| 2019 | $778 | $62,527 | $22,674 | $39,853 |
| 2018 | $722 | $53,225 | $16,150 | $37,075 |
| 2017 | $717 | $53,225 | $16,150 | $37,075 |
| 2016 | $693 | $53,225 | $16,150 | $37,075 |
| 2015 | $554 | $40,000 | $16,449 | $23,551 |
| 2014 | $554 | $40,000 | $16,449 | $23,551 |
Source: Public Records
Agents Affiliated with this Home
-
Pat Sosa
-
J.T. Smith
Buyer's Agent in 2024
J.T. Smith
EXP REALTY OF PIEDMONT NC LLC
(919) 283-6875
4 in this area
15 Total Sales
-
J
Buyer's Agent in 2024
Jonathan Smith
EXP Realty LLC
Map
Source: Doorify MLS
MLS Number: 10043131
APN: 110977
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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.
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