NOT LISTED FOR SALE

Estimated Value: $187,000 - $323,146

4 Beds
3 Baths
1,448 Sq Ft
$162/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $184,900 $128 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,504/month

28 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Baseboard Heating

About This Home

As of October 2023

Discover an investment opportunity that is walking distance from downtown Durham! This property is a duplex offered in As-Is condition. It’s an attractive prospect for savvy investors. Unit A is currently occupied by a tenant with a month-to-month lease agreement, ensuring immediate rental income. Unit B was recently renovated and is projected to rent for approximately $900 a month. Both units offer 1 bed, 1 bath layout with an eat-in kitchen, living room, a laundry room and a partly fenced backyard. The unoccupied side is equipped with electric AC window units, electric baseboard heaters, washer, dryer, and kitchen appliances. Don't miss out on this chance to invest in a property that could prove a worthwhile venture.

Last Agent to Sell the Property

Mindy Oberhardt

RE/MAX United License #157357 Listed on: 08/04/2023

RE/MAX United

Last Buyer's Agent

Eric Rainey

Choice Residential Real Estate License #317089

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,797

Year Built

  • Built in 1930

Parking

  • Off-Street Parking

Home Design

  • Vinyl Siding

Flooring

  • Wood
  • Laminate
  • Tile

Schools

  • Eastway Elementary School
  • Lucas Middle School
  • Northern High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Additional Features

  • Crawl Space
  • Lot Dimensions are 50x126x50x126

Community Details

  • 2 Units
  • Geerwood Park Subdivision

Listing and Financial Details

  • The owner pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,797

Year Built

Built in 1930

Lot Details

0 Sq Ft Lot

Listing Details

  • Year Built: 1930
  • Prop. Type: Residential Income
  • Subdivision Name: Geerwood Park
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Lot Size Dimensions: 50x126x50x126
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Hardwood: Yes
  • Flooring Laminate: Yes
  • General Property Information Carport YN: No
  • Cooling Window Unit(s): Yes
  • General Property Information Number Of Units Total3: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Laminate, Tile
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

  • Heating: Baseboard, Electric
  • Cooling: Electric, Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Baseboard: Yes

Schools

  • Ninth Grade High School: Durham - Northern
  • Middle Or Junior School: Durham - Lucas

Lot Info

  • Lot Dimensions: 50x126x50x126

Rental Info

  • Owner Pays: Electricity

Tax Info

  • Tax Annual Amount: 1797.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Durham - Eastway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Oct 9, 2023
Sold by
Outpost Realty Llc
Bought by
Campbell Danielle
Seller's Agent
Mindy Oberhardt
RE/MAX United
Buyer's Agent
Eric Rainey
Choice Residential Real Estate
List Price
$217,500
Sold Price
$184,900
Premium/Discount to List
-$32,600
-14.99%
Views
199
Current Estimated Value
$247,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,388
Avg. Annual Appreciation
10.51%
Original Mortgage
$157,165
Outstanding Balance
$154,075
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$80,963

Purchase Details

Listed on
Jul 2, 2021
Closed on
Oct 20, 2021
Sold by
Properties Of The Triangle Llc
Bought by
Outpost Realty Llc
Seller's Agent
Ian Kipp
Berkshire Hathaway HomeService
Buyer's Agent
Mindy Oberhardt
RE/MAX United
List Price
$179,500
Sold Price
$160,650
Premium/Discount to List
-$18,850
-10.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%

Purchase Details

Closed on
Jun 30, 2021
Sold by
Libbus Bisharah and Libbus Nadia
Bought by
Properties Of The Triangle Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2009
Sold by
Federal National Mortgage Association
Bought by
Libbus Bisharah

Purchase Details

Closed on
Oct 19, 2009
Sold by
Todd Brian E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 14, 2005
Sold by
Davis Marx
Bought by
Todd Brian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 20, 2005
Sold by
Progressive Redevelopment Llc
Bought by
Davis Mark

Purchase Details

Closed on
May 19, 2005
Sold by
Jpmorgan Chase Bank
Bought by
Progressive Redevelopment Llc

Purchase Details

Closed on
Jul 20, 2004
Sold by
Mcfadden Torrance and Mcfadden Jacquelyn
Bought by
Jpmorgan Chase Bank

Purchase Details

Closed on
May 24, 2001
Sold by
Grand International Properties Inc
Bought by
Mcfadden Torrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,600
Interest Rate
7.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Campbell Danielle $185,000 None Listed On Document
Campbell Danielle $185,000 None Listed On Document
Outpost Realty Llc $161,000 None Available
Properties Of The Triangle Llc $153,500 Fidelity National Ttl Ins Co
Libbus Bisharah -- None Available
Federal National Mortgage Association $68,575 None Available
Todd Brian E $77,000 --
Davis Mark -- --
Progressive Redevelopment Llc $11,000 --
Jpmorgan Chase Bank $60,778 --
Mcfadden Torrence $45,000 --
Grand International Properties Inc $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Danielle $157,165
Closed Campbell Danielle $157,165
Previous Owner Properties Of The Triangle Llc $153,500
Previous Owner Todd Brian E $61,600
Previous Owner Grand International Properties Inc $47,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2023 12/18/23 Off Market $184,900 -- --
12/14/2023 12/14/23 Off Market $160,650 -- --
10/23/2023 10/23/23 Sold $184,900 -7.5% $128 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/24/2023 08/24/23 Price Changed $199,900 -8.1% $138 / Sq Ft
08/04/2023 08/04/23 For Sale $217,500 +35.4% $150 / Sq Ft
10/26/2021 10/26/21 Sold $160,650 +1.1% $111 / Sq Ft View Prior Sale
09/10/2021 09/10/21 Pending -- -- --
09/03/2021 09/03/21 Price Changed $158,900 -0.3% $110 / Sq Ft
09/01/2021 09/01/21 Price Changed $159,400 -4.3% $110 / Sq Ft
08/20/2021 08/20/21 Price Changed $166,500 -1.8% $115 / Sq Ft
08/09/2021 08/09/21 Price Changed $169,500 -2.9% $117 / Sq Ft
07/29/2021 07/29/21 Price Changed $174,500 -2.8% $121 / Sq Ft
07/16/2021 07/16/21 For Sale $179,500 0.0% $124 / Sq Ft
07/10/2021 07/10/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $179,500 -- $124 / Sq Ft
Source: Doorify MLS

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 $2,603 $262,545 $142,500 $120,045
2024 $1,959 $140,446 $79,940 $60,506
2023 $1,840 $140,446 $79,940 $60,506
2022 $1,798 $140,446 $79,940 $60,506
2021 $1,789 $140,446 $79,940 $60,506
2020 $1,747 $140,446 $79,940 $60,506
2019 $1,747 $140,446 $79,940 $60,506
2018 $821 $60,555 $14,275 $46,280
2017 $815 $60,555 $14,275 $46,280
2016 $788 $60,555 $14,275 $46,280
2015 $623 $45,000 $14,558 $30,442
2014 $623 $45,000 $14,558 $30,442
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2525465

Doorify MLS

APN: 111005

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