NOT LISTED FOR SALE

1503 Bridgewater Dr Durham, NC 27704

Weaver Neighborhood

Estimated Value: $366,000 - $394,000

4 Beds
2.5 Baths
1,698 Sq Ft
$222/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $389,900 $230 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,346/month

13 Days on Market

Highlights

  • Traditional Architecture
  • Porch
  • Patio
  • Wood Flooring
  • 2 Car Attached Garage
  • Living Room

About This Home

As of November 2023

Pump the brakes! Welcome to your dream home in Durham's Magnolia Creek! This 4-bed, 2.5-bath gem, built in 2020, combines modern luxury with timeless elegance. The kitchen dazzles with a waterfall countertop and new backsplash, while both full baths features a sleek new shower glass door. Did I mentioned all walls and ceiling have been freshly painted? Four spacious bedrooms offer versatility, and the heated unfinished basement provides endless potential! Pay little to nothing for electricity with the new solar panels installed! Outside, you'll enjoy the privacy of a fenced yard, along with landscaped tranquility. Sit back, relax, you’re home!

Last Agent to Sell the Property

Branco Theis

THEIS REALTY License #303864 Listed on: 09/07/2023

Last Buyer's Agent

Yannick Lloyd

The Alston Real Estate Group License #303749

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,064

Year Built

  • Built in 2020

Lot Details

  • 5,532 Sq Ft Lot

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shake Siding
  • Vinyl Siding

Interior Spaces

  • 1,698 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Basement

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio
  • Porch

Schools

  • Eno Valley Elementary School
  • Lucas Middle School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Elite Management Association
  • Magnolia Creek Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,064

Year Built

Built in 2020

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Year Built: 2020
  • Prop. Type: Residential
  • Subdivision Name: Magnolia Creek
  • Above Grade Finished Sq Ft: 1698.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 647.0
  • General Property Information Total Unfinished Area2: 647.0
  • General Property Information Lot Size Dimensions: See recorded plat.
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Foundation Details Slab: Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Flooring Laminate: Yes
  • General Property Information Above Grade Finished Area: 1698.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 5532.12
  • General Property Information Lot Size Acres: 0.127
  • General Property Information:Living Area3: 1698.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Laminate, Wood
  • Interior Amenities: Entrance Foyer
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.13
  • Construction Type: Shake Siding, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Shake Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 120.0
  • Association Fee Frequency: Quarterly
  • Association Name: Elite Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Management
  • General Property Information:Association Fee: 120.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Middle Or Junior School: Durham - Lucas

Lot Info

  • Lot Dimensions: See recorded plat.
  • Lot Size Sq Ft: 5532.12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3064.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Eno Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Nov 2, 2023
Sold by
Perez Nahomy Garcia and Perez Damaris
Bought by
Bahita Ashenafi Assefa and Desta Lishan Admasu
Seller's Agent
Branco Theis
THEIS REALTY
Buyer's Agent
Yannick Lloyd
The Alston Real Estate Group
List Price
$389,900
Sold Price
$389,900
Views
62
Current Estimated Value
$377,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,624
Avg. Annual Appreciation
-1.50%
Original Mortgage
$20,000
Interest Rate
7.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 15, 2022
Sold by
Nvr Inc
Bought by
Johnson Joshua Dl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,180
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2020
Sold by
Nvr Inc
Bought by
Perez Nahomy Garcia and Castro Damaris Perez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,890
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2019
Sold by
Vk Magnolia Llc
Bought by
Nvr Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bahita Ashenafi Assefa $390,000 None Listed On Document
Johnson Joshua Dl $286,500 Moore & Alphin Pllc
Perez Nahomy Garcia $260,000 None Available
Nvr Inc $136,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bahita Ashenafi Assefa $20,000
Open Bahita Ashenafi Assefa $350,900
Previous Owner Johnson Joshua Dl $286,180
Previous Owner Perez Nahomy Garcia $250,890
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Off Market $389,900 -- --
11/03/2023 11/03/23 Sold $389,900 0.0% $230 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $389,900 -- $230 / 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 $4,015 $404,989 $69,000 $335,989
2024 $2,004 $239,465 $57,400 $182,065
2023 $3,137 $239,465 $57,400 $182,065
2022 $3,065 $239,465 $57,400 $182,065
2021 $3,051 $239,465 $57,400 $182,065
2020 $714 $57,400 $57,400 $0
2019 $19 $57,400 $57,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2530764

Doorify MLS

APN: 224089