$263,500
SOLD JUL 30, 2025
2 Beds
2 Baths
1,406 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$187 Per Sq Ft

20% Below List Price

85 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Front Porch
  • Lakewood Montessori Middle School Rated A-
  • No HOA
  • Cooling Available

About This Home

As of July 2025

High Potential Duplex on Shelton. 1805 offers central location near Lakewood Shopping center, close proximity to Duke, Downtown Durham and Chapel Hill. This Duplex has been long term rental and is ready to continue producing income or become a primary residence. Large front porch and a large yard with plenty of possibilities on the outside. Inside, each unit has 1 Bedroom, 1 full bathroom, kitchen with individual laundry and a large living area. This home features high ceilings and some original flooring and trim characteristic of the 1920s. 1 brand new HVAC system and a newer roof (2023).

Last Agent to Sell the Property

Steve Artabane

Urban Durham Realty License #278486 Listed on: 04/14/2025

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,196

Year Built

  • Built in 1920

Home Design

  • Duplex
  • Craftsman Architecture
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Lead Paint Disclosure

Interior Spaces

  • 1,406 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Wood Flooring
  • Basement
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Open Parking Spaces

Schools

  • Lakewood Elementary School
  • Lakewood Montessori Middle School
  • Jordan High School

Utilities

  • Cooling Available
  • Heating System Uses Gas

Additional Features

  • Front Porch
  • 10,019 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 108243

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,196

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1406.0
  • Architectural Style: Craftsman
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Above Grade Unfinished Area: 57.0
  • General Property Information Total Unfinished Area2: 57.0
  • General Property Information Basement YN: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Room Types Living Room2: Yes
  • Architectural Style Craftsman: Yes
  • Foundation Details Block3: Yes
  • Heating Gas Pack2: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1406.0
  • Cooling Ceiling Fan(s): Yes
  • Disclosures Lead Based Paint: Yes
  • Structure Type Duplex: Yes
  • General Property Information Lot Size Square Feet2: 10018.8
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Hardwood
  • Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • Stories: 1
  • Basement:Crawl Space: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.23
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Front Porch
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Open Parking Spaces: 3.0
  • Open Parking: Yes
  • Total Parking Spaces: 3.0
  • General Property Information:Parking Total: 3.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 3.0

Utilities

  • Heating: Gas Pack
  • Cooling: Ceiling Fan(s), Gas Pack
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 108243

Tax Info

  • Tax Annual Amount: 2195.88
  • Tax Year: 2024

MLS Schools

  • Elementary School: Durham - Lakewood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2025
Closed on
Jul 8, 2025
Sold by
Woodward Ann May
Bought by
Blue & Red Properties Llc
Seller's Agent
Steve Artabane
Urban Durham Realty
Buyer's Agent
Non Member
Non Member Office
List Price
$330,000
Sold Price
$263,500
Premium/Discount to List
-$66,500
-20.15%
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
139.80%
Original Mortgage
$298,875
Outstanding Balance
$250,461
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$52,618

Purchase Details

Closed on
Apr 3, 2014
Sold by
Cooper Bendu M
Bought by
Woodward Ann May

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2006
Sold by
Nkt Land Acquisitions Inc
Bought by
Cooper Bendu M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,999
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2004
Sold by
Bailey Mike Lee
Bought by
Nkt Land Aquisitions Inc

Purchase Details

Closed on
Sep 7, 2000
Sold by
Mount Zion Christian Church Inc
Bought by
Bailey Mike Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,525
Interest Rate
8.11%
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 Type Sale Price Title Company
Warranty Deed $263,500 None Listed On Document
Warranty Deed $263,500 None Listed On Document
Warranty Deed $80,000 None Available
Warranty Deed $82,000 None Available
Trustee Deed $53,059 --
Warranty Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $298,875 Construction
Closed $298,875 Construction
Previous Owner $60,000 New Conventional
Previous Owner $56,999 Purchase Money Mortgage
Previous Owner $16,801 Stand Alone Second
Previous Owner $75,525 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Sold $263,500 -13.6% $187 / Sq Ft
05/31/2025 05/31/25 Pending -- -- --
05/11/2025 05/11/25 Price Changed $305,000 -7.6% $217 / Sq Ft
04/14/2025 04/14/25 For Sale $330,000 0.0% $235 / Sq Ft
04/01/2025 04/01/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $330,000 -- $235 / 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
2025 $2,196 $485,779 $335,175 $150,604
2024 $2,196 $157,422 $49,320 $108,102
2023 $2,062 $157,422 $49,320 $108,102
2022 $2,015 $157,422 $49,320 $108,102
2021 $2,005 $157,422 $49,320 $108,102
2020 $1,958 $157,422 $49,320 $108,102
2019 $1,958 $157,422 $49,320 $108,102
2018 $2,010 $148,192 $46,237 $101,955
2017 $1,995 $148,192 $46,237 $101,955
2016 $1,928 $148,192 $46,237 $101,955
2015 $1,025 $74,076 $15,557 $58,519
2014 $1,025 $74,076 $15,557 $58,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10080986

Doorify MLS

APN: 108243