NOT LISTED FOR SALE

1552 Underbrush Dr Durham, NC 27703

Eastern Durham Neighborhood

Estimated Value: $473,000 - $545,000

4 Beds
3 Baths
2,338 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $518,000 $222 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,109/month

Highlights

  • Bonus Room
  • Attached Garage
  • Walk-In Closet
  • No HOA
  • Double Vanity
  • Laundry Room

About This Home

As of February 2025

1 free month with 18-month lease. New! Never lived in! Light filled and spacious living spaces. This home offers a main level bedroom and full bath. A huge rear yard with lots of space to play. A cook's delight kitchen with giant island, oodles of counter space and brand-new stainless-steel appliances. Upstairs a bonus space, a fabulous master retreat, laundry with brand new washer and dryer and two large secondary bedrooms. This new home comes fully applianced with a newly epoxy garage floor and with wide-slat window blinds throughout. Dogs are negotiable, sorry no cats. No undergrad students, please. Smoking and/or vaping of any kind is strictly prohibited in our homes. Qualified tenants will have a minimum 635 credit score, a debt-to-income ratio of 55% or lower, and will not have prior evictions, collections, charge-offs, or judgements. Applicants must view the home, apply on our site, and email copies of their current, valid photo id and 2 most recent pay stubs for verification. The non-refundable application fee will then be charged, and the application processed. We allow 24 hours for application approval, 24 hours for potential tenants to review and sign lease, then 24 hours to make deposit to hold home until move-in. Move in DEPOSIT FREE with our Obligo security deposit solution- Tenant must qualify. Asset Protect Renters Insurance at $15 per month or portion of a month is required. MLSullivan Property Management is a professional property management company based in Durham, NC. We serve Durham, Wake, Orange, and eastern Alamance Counties of North Carolina. We offer a variety of property management solutions, tailored to fit owners' needs.

Last Agent to Rent the Property

Michael Sullivan

ML Sullivan Property Managemen License #199065 Listed on: 10/03/2024

Last Renter's Agent

Jay Davis

ML Sullivan Property Managemen License #354836

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024

Lot Details

  • 6,970

Interior Spaces

  • 2,338 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Bonus Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity

Parking

  • Attached Garage
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Olive Grove Subdivision

Listing and Financial Details

  • Security Deposit $2,400
  • Property Available on 2/1/25
  • Tenant pays for cable TV, electricity, gas, hot water, sewer, trash collection, water
  • The owner pays for association fees
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Year Built

Built in 2024

Lot Details

6,970 Sq Ft Lot

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Hot Water, Sewer, Trash Collection, Water
  • Lease Term: 12 Months
  • Owner Pays: Association Fees
  • Available Date: 2025-02-01

Listing Details

  • Year Built: 2024
  • Prop. Type: Residential Lease
  • Subdivision Name: Olive Grove
  • Above Grade Finished Sq Ft: 2338.0
  • Unit Levels: Two
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Levels Two: Yes
  • Room Types Bonus Room: Yes
  • Room Types Family Room2: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2025-02-01
  • Contract Information Security Deposit2: 2400.0
  • General Property Information Above Grade Finished Area: 2338.0
  • Pets Allowed Dogs OK: Yes
  • Room Types Laundry2: Yes
  • Pets Allowed Yes2: Yes
  • General Property Information:Living Area3: 2338.0
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Double Vanity, Kitchen Island, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Laundry Features:In Unit: Yes
  • Appliances:Gas Oven: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Off Street, On Street
  • Parking Features:On Street: Yes
  • General Property Information:Garage YN: Yes
  • Parking Features:Off Street: Yes
  • General Property Information:Attached Garage YN: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

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
Jun 8, 2024
Closed on
Jul 23, 2024
Sold by
Kb Home Raleigh-Durham Inc
Bought by
Rang Deepa S and Rangaraju Prakash
Seller's Agent
Calvin Ramsey
Ramsey Realtors Team Inc
Buyer's Agent
Karthik Kaduvettipalayam Sankarap
Vivanta Realty LLC
List Price
$527,955
Sold Price
$518,000
Premium/Discount to List
-$9,955
-1.89%
Views
8
Current Estimated Value
$514,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,982
Avg. Annual Appreciation
-0.48%
Original Mortgage
$375,000
Outstanding Balance
$370,521
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$143,497
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
Rang Deepa S $1,036 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rang Deepa S $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2025 02/02/25 Rented $2,400 0.0% --
12/02/2024 12/02/24 Price Changed $2,400 -5.9% $1 / Sq Ft
12/01/2024 12/01/24 Price Changed $2,550 +6.3% $1 / Sq Ft
11/30/2024 11/30/24 Price Changed $2,400 -5.9% $1 / Sq Ft
10/27/2024 10/27/24 Price Changed $2,550 -3.8% $1 / Sq Ft
10/26/2024 10/26/24 Price Changed $2,650 +3.9% $1 / Sq Ft
10/25/2024 10/25/24 Price Changed $2,550 -3.8% $1 / Sq Ft
10/03/2024 10/03/24 For Rent $2,650 0.0% --
07/23/2024 07/23/24 Sold $518,000 -1.9% $222 / Sq Ft View Prior Sale
06/08/2024 06/08/24 Pending -- -- --
06/08/2024 06/08/24 For Sale $527,955 -- $226 / 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 $5,536 $558,493 $101,500 $456,993
2024 $1,774 $127,182 $69,600 $57,582
2023 $912 $69,600 $69,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Sullivan

    Landlord's Agent in 2025

    Michael Sullivan

    ML Sullivan Property Managemen

    (919) 493-7633

    10 in this area

    79 Total Sales

    Michael Sullivan
    Section Image

  • J

    Tenant's Agent in 2025

    Jay Davis

    ML Sullivan Property Managemen

    (919) 439-6277

    Jay Davis
    Section Image
  • Calvin Ramsey

    Seller's Agent in 2024

    Calvin Ramsey

    Ramsey Realtors Team Inc

    (919) 573-4550

    42 in this area

    560 Total Sales

    Calvin Ramsey
    Section Image

  • K

    Buyer's Agent in 2024

    Karthik Kaduvettipalayam Sankarappan

    NorthGroup Real Estate, Inc.

See All Agents

Map

Source: Doorify MLS

MLS Number: 10056294

Doorify MLS

APN: 233926

North Carolina Durham County Durham 27703 Eastern Durham

1552 Underbrush Dr, Durham, NC

Not Listed for Sale

Detached

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