NOT LISTED FOR SALE

1424 Cherrycrest Dr Durham, NC 27704

Duke Homestead Neighborhood

Estimated Value: $318,000 - $393,417

4 Beds
2 Baths
2,166 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $330,300 $152 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,050/month

1 Day on Market

Highlights

  • Luxury Vinyl Tile Flooring
  • Easley Elementary Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

Investors dream property. Two story Renovated Duplex. New HVAC (2 years) for both units. New roof (2 years). Two units each with 2 bedrooms 1.5 bathroom. New painting, New Luxury Vinyl Floors throughout most of the duplex. Both units are occupied with long term tenants. Tenant pays all utilities. Month to month lease with with long term tenants who are extremely reliable. Rent is below market. Potential rent increase to $1300-$1350.

Last Agent to Sell the Property

Jenny Shu

Lifetime Realty & Investment L License #323233 Listed on: 04/20/2023

Last Buyer's Agent

Entela Agolli

Century 21 Triangle Group License #336777

Century 21 Triangle Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,513

Year Built

  • Built in 1984

Lot Details

  • 0.28

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Flooring

  • Luxury Vinyl Tile
  • Vinyl

Basement

  • Crawl Space

Schools

  • Holt Elementary School
  • Carrington Middle School
  • Riverside High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • 2 Units
  • Village Green Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,513

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential Income
  • Subdivision Name: Village Green
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Vinyl: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Luxury Vinyl, Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Schools

  • Ninth Grade High School: Durham - Riverside
  • Middle Or Junior School: Durham - Carrington

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 2513.0
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Durham - Holt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Apr 26, 2023
Sold by
Udupa Archana
Bought by
Jag 99 Properties Llc
Seller's Agent
Jenny Shu
Lifetime Realty & Investment L
Buyer's Agent
Entela Agolli
Century 21 Triangle Group
List Price
$350,000
Sold Price
$330,300
Premium/Discount to List
-$19,700
-5.63%
Views
66
Current Estimated Value
$342,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,054
Avg. Annual Appreciation
1.50%

Purchase Details

Listed on
Mar 25, 2021
Closed on
May 15, 2021
Sold by
Feng Jun and Xu Li
Bought by
Udupa Archana and Sathawane Nitin
Seller's Agent
Iris Lee
Sunshine Properties LLC
Buyer's Agent
Jenny Shu
Lifetime Realty & Investment L
List Price
$238,000
Sold Price
$222,500
Premium/Discount to List
-$15,500
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.21%
Original Mortgage
$166,875
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2019
Sold by
Hatteras Rentals Llc
Bought by
Feng Jun and Xu Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2018
Sold by
Larry R Camp & Ish Sud Llc
Bought by
Halteras Rentals Llc
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
Jag 99 Properties Llc $330,500 None Listed On Document
Udupa Archana $222,500 None Available
Feng Jun $150,000 None Available
Halteras Rentals Llc $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Udupa Archana $166,875
Previous Owner Feng Jun $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2023 12/14/23 Off Market $330,300 -- --
12/14/2023 12/14/23 Off Market $222,500 -- --
05/08/2023 05/08/23 Sold $330,300 -5.6% $152 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $350,000 +57.3% $162 / Sq Ft
05/19/2021 05/19/21 Sold $222,500 +1.1% $103 / Sq Ft View Prior Sale
04/07/2021 04/07/21 Pending -- -- --
03/26/2021 03/26/21 Price Changed $220,000 -7.6% $102 / Sq Ft
03/25/2021 03/25/21 For Sale $238,000 -- $110 / 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 $2,740 $361,409 $124,800 $236,609
2024 $2,740 $196,448 $38,400 $158,048
2023 $2,572 $196,366 $38,310 $158,056
2022 $2,513 $196,366 $38,310 $158,056
2021 $2,502 $196,366 $38,310 $158,056
2020 $2,443 $196,366 $38,310 $158,056
2019 $2,443 $196,366 $38,310 $158,056
2018 $1,972 $145,362 $25,540 $119,822
2017 $1,957 $145,362 $25,540 $119,822
2016 $1,891 $145,362 $25,540 $119,822
2015 $1,661 $120,000 $24,529 $95,471
2014 $1,661 $120,000 $24,529 $95,471
Source: Public Records

Agents Affiliated with this Home

  • Jenny Shu

    Seller's Agent in 2023

    Jenny Shu

    Lifetime Realty & Investment L

    (517) 974-5293

    2 in this area

    33 Total Sales

    Jenny Shu
    Section Image
  • Entela Agolli

    Buyer's Agent in 2023

    Entela Agolli

    Century 21 Triangle Group

    (919) 322-9345

    1 in this area

    22 Total Sales

    Entela Agolli
    Section Image

  • I

    Seller's Agent in 2021

    Iris Lee

    Sunshine Properties LLC

    (919) 946-5964

    3 in this area

    144 Total Sales

    Iris Lee
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2506033

Doorify MLS

APN: 127220

North Carolina Durham County Durham 27704 Duke Homestead

1424 Cherrycrest Dr, Durham, NC

This home is located at 1424 Cherrycrest Dr, Durham, NC 27704 since 20 April 2023 and is currently estimated at $342,354, approximately $158 per square foot. This property was built in 1984. 1424 Cherrycrest Dr is a home located in Durham County with nearby schools including Easley Elementary, George L Carrington Middle, and Riverside High School.

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