NOT LISTED FOR SALE

1601 Acadia St Unit 1 Durham, NC 27701

Duke Park Neighborhood

Estimated Value: $641,000 - $768,000

3 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold June 06, 2022

Last sale price $618,000

Est. 9% increase in value since last sale

Current estimated payment $4,116/month

15 Days on Market

Highlights

  • Wood Flooring
  • Brick Veneer
  • 3-minute walk to Duke Park
  • Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

Easily one of Downtown Durham's best neighborhoods, this Duke Park gem sits perfectly to take in great park views! Charming 3bedroom, 2 full baths on the main floor with a true owner's suite, hardwoods throughout & an incredible light filled floor plan. An additional 1300+ sq. ft. basement with separate entrance could easily be upfitted as a second unit. Plumbing already in place for washer/dryer. Minutes walk to downtown. This home delivers on incredible value in an increasingly competitive market.

Last Agent to Sell the Property

Jeff Goldman

Nest Realty of the Triangle License #276608 Listed on: 04/20/2022

Nest Realty of the Triangle

Last Buyer's Agent

Giselle Feiger

Hodge & Kittrell Sotheby's International Realty License #294904

Hodge & Kittrell Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,775

Year Built

  • Built in 1956

Lot Details

  • 7,841

Parking

  • Off-Street Parking

Home Design

  • Brick Veneer

Interior Spaces

  • Fireplace
  • Basement

Flooring

  • Wood
  • Concrete

Schools

  • Glenn Elementary School
  • Brogden Middle School
  • Riverside High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,775

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Year Built: 1956
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Flooring Hardwood: Yes
  • General Property Information Carport YN: No
  • Flooring Concrete3: Yes
  • General Property Information Number Of Units Total3: 1.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Concrete, Hardwood
  • Basement YN: Yes

Exterior Features

  • Construction Type: Brick Veneer
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

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

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 4775.0
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 1

MLS Schools

  • Elementary School: Durham - Glenn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 1, 2022
Sold by
Revision Developers Llc
Bought by
Plasencia Pablo Carlos and Plasencia Gabriela Marie
Seller's Agent
Jeff Goldman
Nest Realty of the Triangle
Buyer's Agent
Giselle Feiger
Hodge & Kittrell Sotheby's International Realty
List Price
$625,000
Sold Price
$618,000
Premium/Discount to List
-$7,000
-1.12%
Current Estimated Value
$673,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,758
Avg. Annual Appreciation
1.64%
Original Mortgage
$618,000
Outstanding Balance
$591,443
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$59,299

Purchase Details

Closed on
Feb 28, 2022
Sold by
Beth Freelon Maya
Bought by
Ravision Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2018
Sold by
Asante Molefi
Bought by
Asante Maya Freelon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2017
Sold by
Harris Lane Grp Llc
Bought by
Asante Maya Freelon and Asante Molefi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2016
Sold by
Mcleod Randall A
Bought by
Harris Lane Grp Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.44%
Mortgage Type
New Conventional
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
Plasencia Pablo Carlos $618,000 Beerner Hadler Willett & Lin P
Ravision Developers Llc $650,000 None Listed On Document
Asante Maya Freelon -- None Available
Asante Maya Freelon $378,000 --
Harris Lane Grp Llc $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plasencia Pablo Carlos $618,000
Previous Owner Ravision Developers Llc $487,500
Previous Owner Asante Maya Freelon $308,500
Previous Owner Asante Maya Freelon $302,400
Previous Owner Harris Lane Grp Llc $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $618,000 -- --
06/06/2022 06/06/22 Sold $618,000 -1.1% --
05/05/2022 05/05/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $625,000 -- --
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
2024 $5,119 $366,974 $88,800 $278,174
2023 $4,807 $366,974 $88,800 $278,174
2022 $4,798 $374,849 $96,675 $278,174
2021 $4,775 $374,849 $96,675 $278,174
2020 $4,663 $374,849 $96,675 $278,174
2019 $4,663 $374,849 $96,675 $278,174
2018 $4,782 $352,516 $58,005 $294,511
2017 $4,123 $306,178 $58,005 $248,173
2016 $3,984 $306,178 $58,005 $248,173
2015 $3,072 $221,929 $44,508 $177,421
2014 -- $221,929 $44,508 $177,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2443590

Doorify MLS

APN: 105698