NOT LISTED FOR SALE

Estimated Value: $731,000 - $794,000

3 Beds
2.5 Baths
2,087 Sq Ft
$369/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $789,000 $378 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,845/month

20 Days on Market

Highlights

  • The property is located in a historic district
  • Colonial Architecture
  • Main Floor Primary Bedroom
  • Lakewood Montessori Middle School Rated A-
  • Wood Flooring
  • 1-minute walk to Forest Hills Park

About This Home

As of October 2023

1632 University Dr is ready for renovation or a site redevelopment. The home offers 1948 SF, 3 Bedrooms, two full baths, large Living Room w/FP, Sun Room, Office & Separate Dining Room. The site offers .43 acres overlooking Forest Hills Park. Possible Redevelopment of the lot under Durham Municipal Codes 7.1.2 C – Small Lot Option

Last Agent to Sell the Property

Colleen Ellis

Keller Williams Elite Realty License #273012 Listed on: 09/14/2023

Keller Williams Elite Realty

Last Buyer's Agent

Rachel Lowe

Hodge & Kittrell Sotheby's Int License #313830

Hodge & Kittrell Sotheby's Int

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,660

Year Built

  • Built in 1935

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 151x112x116x125
  • Brick Fence
  • Irrigation Equipment
  • Landscaped with Trees
  • Garden

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Front Facing Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,087 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Fireplace Features Masonry
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Bonus Room
  • Workshop
  • Sun or Florida Room
  • Storage
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Electric Cooktop
  • Down Draft Cooktop
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Workshop
  • Natural lighting in basement

Outdoor Features

  • Rain Gutters
  • Porch

Location

  • The property is located in a historic district

Schools

  • Spaulding Elementary School
  • Brogden Middle School
  • Jordan High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,660

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1935
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2087.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 467.0
  • General Property Information Below Grade Unfinished Area: 1053.0
  • General Property Information Total Unfinished Area2: 1520.0
  • General Property Information Lot Size Dimensions: 151x112x116x125
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Room Types Sunroom: Yes
  • General Property Information Senior Community YN: No
  • Architectural Style Colonial: Yes
  • Room Types Workshop2: Yes
  • Community Features Historical Area: Yes
  • Fencing Brick3: Yes
  • Basement Workshop3: Yes
  • Other Equipment Irrigation Equipment: Yes
  • General Property Information Above Grade Finished Area: 2087.0
  • General Property Information Carport YN: No
  • Appliances Cooktop - Down: Yes
  • General Property Information Lot Size Square Feet2: 18730.8
  • General Property Information Lot Size Acres: 0.43
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bathtub Only, Bathtub/Shower Combination, Butler's Pantry, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, Kitchen/Dining Room Combination, Primary Downstairs, Shower Only, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower
  • Basement: Daylight, Exterior Entry, Full, Interior Entry, Unfinished, Workshop
  • Appliances: Cooktop - Down, Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Plumbed For Ice Maker, Range, Range Hood
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Masonry
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Playground2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Cooktop: Yes
  • Fireplace Features:Masonry: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Appliances Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Fencing: Brick
  • Acres: 0.43
  • Construction Type: Brick
  • Patio And Porch Features: Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Garden2: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Detached, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Rear, Garage Faces Side, Gravel, Workshop in Garage
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Workshop in Garage: Yes
  • Parking Features:Garage Faces Rear: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Historical Area, Playground, Street Lights
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: 151x112x116x125
  • Lot Size Sq Ft: 18730.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3660.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Spaulding

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 31, 2023
Sold by
Home Towne Renovations Llc
Bought by
Michaelson Henry Miller and Gosiewski Aleksandra
Seller's Agent
Colleen Ellis
Keller Williams Elite Realty
Buyer's Agent
Rachel Lowe
Hodge & Kittrell Sotheby's Int
List Price
$799,000
Sold Price
$789,000
Premium/Discount to List
-$10,000
-1.25%
Total Days on Market
20
Views
43
Current Estimated Value
$769,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,414
Avg. Annual Appreciation
-1.56%
Original Mortgage
$250,000
Outstanding Balance
$246,472
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$523,114

Purchase Details

Listed on
Mar 21, 2022
Closed on
May 27, 2022
Sold by
Peterson and Rebecca
Bought by
Hometowne Renovations Llc
Seller's Agent
Luther Misenheimer
Ward & Misenheimer Realtors
Buyer's Agent
Colleen Ellis
Keller Williams Elite Realty
List Price
$550,000
Sold Price
$465,000
Premium/Discount to List
-$85,000
-15.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.89%
Original Mortgage
$643,000
Interest Rate
5.11%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 15, 1998
Sold by
Peterson Michael I and Peterson Patricia Sue
Bought by
Peterson Patricia Sue
Source: Public Records

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Range of Values:

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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
Michaelson Henry Miller $789,000 None Listed On Document
Hometowne Renovations Llc $930 None Listed On Document
Peterson Patricia Sue -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michaelson Henry Miller $250,000
Previous Owner Hometowne Renovations Llc $643,000
Previous Owner Peterson Patricia S $168,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $465,000 -- --
10/31/2023 10/31/23 Sold $789,000 -1.3% $378 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $799,000 +71.8% $383 / Sq Ft
06/07/2022 06/07/22 Sold $465,000 -15.5% $239 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $550,000 -- $282 / 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
2024 $6,450 $462,397 $96,525 $365,872
2023 $3,646 $278,311 $96,660 $181,651
2022 $3,562 $278,311 $96,660 $181,651
2021 $3,545 $278,311 $96,660 $181,651
2020 $3,462 $278,311 $96,660 $181,651
2019 $3,462 $278,311 $96,660 $181,651
2018 $3,499 $257,911 $85,920 $171,991
2017 $3,473 $257,911 $85,920 $171,991
2016 $3,356 $330,284 $85,920 $244,364
2015 $3,256 $235,187 $56,384 $178,803
2014 -- $235,187 $56,384 $178,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2532225

Doorify MLS

APN: 115506