NOT LISTED FOR SALE

1727 Morehead Ave Unit 103 Durham, NC 27707

Lakewood Park Neighborhood

Estimated Value: $189,000 - $211,000

2 Beds
1 Bath
830 Sq Ft
$100/mo HOA Fee

Last Sold May 17, 2021

Last sale price $150,000 $181 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,311/month

56 Days on Market

Highlights

  • Traditional Architecture
  • Bathtub with Shower
  • Accessible Doors
  • Lakewood Montessori Middle School Rated A-
  • Laundry Room
  • Tile Flooring

About This Home

As of May 2021

One of the last two of eight newly renovated units in an eight unit building to be offered for sale. Excellent location less than 5 minutes from Downtown Durham. Parking in private paved lot. Great open floor plan on the first level. Kitchen features stainless steel appliances and granite counter tops, and in unit laundry. Tile tub surrounds, and custom lighting through out. Too many features to name. Own for less than area rent! Bonus of 1% of sales price as credit toward buyers closing costs if closed

Last Agent to Sell the Property

Charles Bulthuis

Reformation Asset Management License #277702 Listed on: 01/12/2021

Co-Listed By

Alexsis Hopkins

Reformation Asset Management License #312613

Last Buyer's Agent

David Cordero

Coldwell Banker HPW License #318905

Coldwell Banker HPW

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $848

Year Built

  • Built in 2003

Lot Details

  • 0.39

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 830 Sq Ft Home
  • 2-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Stacked Washer and Dryer

Accessible Home Design

  • Accessible Doors

Schools

  • Morehead Elementary School
  • Githens Middle School
  • Jordan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Association fees include insurance, ground maintenance, maintenance structure, storm water maintenance
  • 8 Units
  • Forrest Hills Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$848

Year Built

Built in 2003

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Year Built: 2003
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Storm Water Maintenance
  • Co List Office Mls Id: 74714
  • Subdivision Name: Forrest Hills
  • Above Grade Finished Sq Ft: 830.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • Appliances Refrigerators: Yes
  • Utilities Cable Available: Yes
  • Laundry Features Laundry Closet: Yes
  • General Property Information Above Grade Finished Area: 830.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Tile
  • Interior Amenities: Bathtub/Shower Combination, Kitchen/Dining Room Combination
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Range Hood, Refrigerator, Washer/Dryer Stacked
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:WasherDryer Stacked: Yes

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Slab
  • Accessibility Features:Accessible Door(s): Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • Parking Features:Parking Lot: Yes

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association Fee: 100.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 848.0
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 8

MLS Schools

  • Elementary School: Durham - Morehead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Mar 22, 2021
Sold by
Gorfkle Kenneth M
Bought by
Hickey Daniel and Trent Andrea M
Seller's Agent
Charles Bulthuis
Reformation Asset Management
Buyer's Agent
David Cordero
Coldwell Banker HPW
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$196,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,555
Avg. Annual Appreciation
6.55%
Original Mortgage
$108,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2015
Sold by
Parks Brent S and Parks Susanne M
Bought by
Gorfkle Kenneth M

Purchase Details

Closed on
Oct 20, 2011
Sold by
Morehead Avenue Holdings Llc
Bought by
Parks Brent S and Parks Susanne M

Purchase Details

Closed on
Dec 11, 2008
Sold by
The Bank Of New York
Bought by
Parks Brent S and Parks Susanne M

Purchase Details

Closed on
Mar 4, 2008
Sold by
Easter Frances and Easter Tony
Bought by
The Bank Of New York and Certificateholders Cwabs Inc Asset Backe
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Hickey Daniel $150,000 None Available
Gorfkle Kenneth M $40,000 Attorney
Gorfkle Kenneth M $60,000 Attorney
Parks Brent S -- None Available
Parks Brent S $21,500 None Available
The Bank Of New York $108,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hickey Daniel $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $150,000 -- --
05/17/2021 05/17/21 Sold $150,000 0.0% $181 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $150,000 -- $181 / 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 $1,701 $121,933 $0 $121,933
2023 $1,597 $121,933 $0 $121,933
2022 $1,561 $121,933 $0 $121,933
2021 $869 $68,248 $0 $68,248
2020 $849 $68,248 $0 $68,248
2019 $849 $68,248 $0 $68,248
2018 $501 $36,902 $0 $36,902
2017 $497 $36,902 $0 $36,902
2016 $480 $36,902 $0 $36,902
2015 $415 $30,000 $0 $30,000
2014 $415 $30,000 $0 $30,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2361264

Doorify MLS

APN: 207948