1632 University Dr Durham, NC 27707
Forest Hills Neighborhood
3
Beds
2
Baths
1,948
Sq Ft
0.43
Acres
Highlights
- Traditional Architecture
- Wood Flooring
- No HOA
- Lakewood Montessori Middle School Rated A-
- Main Floor Primary Bedroom
- 1-minute walk to Forest Hills Park
About This Home
As of October 20231632 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
Ward & Misenheimer Realtors License #147304 Listed on: 03/21/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,545
Year Built
- Built in 1935
Lot Details
- 0.43 Acre Lot
- Lot Dimensions are 122 x 150 x 113 x 165
- Landscaped with Trees
Parking
- 2 Car Garage
Home Design
- Traditional Architecture
- Brick Veneer
Interior Spaces
- 1,948 Sq Ft Home
- 1.5-Story Property
- Living Room with Fireplace
- Dining Room
- Home Office
- Wood Flooring
- Unfinished Basement
- Interior Basement Entry
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Shower Only
Outdoor Features
- Rain Gutters
- Porch
Schools
- Spaulding Elementary School
- Githens Middle School
- Jordan High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Electric Water Heater
Community Details
- No Home Owners Association
- Forest Hills Subdivision
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
37
Views
43
Current Estimated Value
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
Similar Homes in Durham, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $789,000 | None Listed On Document | |
| Warranty Deed | $930 | None Listed On Document | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | New Conventional | |
| Previous Owner | $643,000 | Construction | |
| Previous Owner | $168,110 | Unknown |
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
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
-
Colleen Ellis
C
Seller's Agent in 2023
Colleen Ellis
Keller Williams Elite Realty
(919) 536-9545
4 in this area
94 Total Sales
-
Rachel Lowe
Buyer's Agent in 2023
Rachel Lowe
Hodge & Kittrell Sotheby's Int
(336) 317-9389
1 in this area
166 Total Sales
-
Luther Misenheimer
L
Seller's Agent in 2022
Luther Misenheimer
Ward & Misenheimer Realtors
(919) 536-0042
3 in this area
101 Total Sales
Map
Source: Doorify MLS
MLS Number: 2437524
APN: 115506
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