NOT LISTED FOR SALE
8 Beds
4 Baths
2,860 Sq Ft
0.42 Acres

Last Sold November 10, 2021

Last sale price $566,000 $198 Per Sq Ft

2 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heat Pump System
  • George Watts Elementary Rated A-

About This Home

As of November 2021

Quad located in Old North Durham neighborhood east of Downtown. This area is seeing rapid growth. New, single-family construction across the street is selling for over $700K. Current owners replaced the siding, windows, and roof in 2020. Units are identical 2 BD/1 BA floorplans. Many units have long-term tenants. Great opportunity to add value with interior renovation plan and pushing rents. Owner pays electric for sewer pump. Owners also selling adjacent quad at 315 Edwards. SEE AGENT REMARKS

Last Agent to Sell the Property

Thomas Furlow

Deaton Investment Real Estate License #222598 Listed on: 09/20/2021

Last Buyer's Agent

Carolyn Graven

Keller Williams Elite Realty License #319609

Keller Williams Elite Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,589

Year Built

  • Built in 1984

Lot Details

  • 0.42

Parking

  • Off-Street Parking

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Basement

  • Crawl Space

Schools

  • Eastway Elementary School
  • Lucas Middle School
  • Northern High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • 4 Units
  • Gross Income $3,075

Listing and Financial Details

  • The owner pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,589

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Flooring Vinyl: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 4.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Hardwood, Luxury Vinyl, Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Fiber Cement
  • Construction Materials:Fiber Cement: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Schools

  • Ninth Grade High School: Durham - Northern
  • Middle Or Junior School: Durham - Lucas

Rental Info

  • Owner Pays: Electricity

Tax Info

  • Tax Annual Amount: 2589.0
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 3075.0

MLS Schools

  • Elementary School: Durham - Eastway

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $566,000 -- --
11/10/2021 11/10/21 Sold $566,000 +2.9% $198 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $550,000 -- $192 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2408818

Doorify MLS