NOT LISTED FOR SALE

206 E Geer St Durham, NC 27701

Central Park Neighborhood

Estimated Value: $395,801

4 Beds
2 Baths
1,850 Sq Ft
$214/Sq Ft Est. Value

Sale Details

Date Sold: April 17, 2025

Last sale price $385,000 $208 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,336 / mo

10 Days on Market

Highlights

  • Transitional Architecture
  • Tile Flooring
  • Central Heating and Cooling System
  • George Watts Elementary Rated A-

About This Home

As of April 2025

Duplex for sell near downtown Durham. This offering presents a value-add opportunity in the path of progress near Durham's thriving and diverse economic core. Built in 2000, the two-story duplex features a two-bedroom, one-bathroom floor plan on each level. Located in a rapidly evolving neighborhood, there are high-end, new construction homes in all directions. The current rents are below market at $1,060 each and are month-to-month. The property is zoned Commercial General which also presents unique use options for the next owner.

Last Agent to Sell the Property

Thomas Furlow

Deaton Investment Real Estate License #222598 Listed on: 03/04/2025

Last Buyer's Agent

Lisa Coleman

EXP Realty LLC License #192105

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,144

Year Built

  • Built in 2000

Lot Details

  • 5,227

Home Design

  • Transitional Architecture
  • Brick Foundation
  • Block Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,850 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Gravel Driveway
  • 2 Open Parking Spaces

Additional Features

  • 5,227 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 0832107075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,144

Year Built

Built in 2000

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Year Built: 2000
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1850.0
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: No
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Levels Two: Yes
  • Flooring Vinyl: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Duplex for sell near downtown Durham. This offering presents a value-add opportunity in the path of progress near Durham's thriving and diverse economic core. Built in 2000, the two-story duplex features a two-bedroom, one-bathroom floor plan on each level. Located in a rapidly evolving neighborhood, there are high-end, new construction homes in all directions. The current rents are below market at $1,060 each and are month-to-month. The property is zoned Commercial General which also presents unique use options for the next owner.
  • Foundation Details Block3: Yes
  • Foundation Details BrickMortar: Yes
  • Contract Information Lease Term: Month To Month
  • General Property Information Above Grade Finished Area: 1850.0
  • General Property Information Lot Size Square Feet2: 5227.0
  • Roof:Metal2: Yes
  • General Property Information Lot Size Acres: 0.12
  • General Property Information:Living Area3: 1850.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Luxury Vinyl, Tile, Vinyl
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Metal
  • Acres: 0.12
  • Construction Type: Vinyl Siding
  • Foundation Details: Block, Brick/Mortar
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Lot Info

  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0832107075
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 2143.53
  • Tax Year: 2024
  • Tax Map Number: 01-

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
Apr 1, 2025
Sold by
Fast Geer Nc Llc
Bought by
Robinson Karen A
Seller's Agent
Thomas Furlow
Deaton Investment Real Estate
Buyer's Agent
Lisa Coleman
EXP Realty LLC
List Price
$385,000
Sold Price
$385,000
Views
25
Current Estimated Value
$395,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,801
Avg. Annual Appreciation
2.57%
Original Mortgage
$365,750
Outstanding Balance
$362,104
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$33,697

Purchase Details

Closed on
Jan 27, 2025
Sold by
Geer Th Owner Llc
Bought by
Fast Geer Nc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2021
Sold by
D T I Downtown East 1 Llc
Bought by
Geer Th Ownher Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.12%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 16, 2019
Sold by
Trosa Residential Inc
Bought by
D T I Downtown East 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 4, 2000
Sold by
Fugelso John N and Shafransky Nessia
Bought by
Trosa Housing Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,550
Interest Rate
7.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Robinson Karen A $385,000 None Listed On Document
Robinson Karen A $385,000 None Listed On Document
Fast Geer Nc Llc $3,000,000 None Listed On Document
Fast Geer Nc Llc $3,000,000 None Listed On Document
Geer Th Ownher Llc $3,250,000 Metro Title Company
D T I Downtown East 1 Llc $299,000 None Available
Trosa Housing Inc $55,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Robinson Karen A $365,750
Closed Robinson Karen A $365,750
Previous Owner Fast Geer Nc Llc $1,550,000
Previous Owner Geer Th Ownher Llc $3,000,000
Previous Owner D T I Downtown East 1 Llc $215,000
Previous Owner Trosa Housing Inc $44,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2025 04/17/25 Sold $385,000 0.0% $208 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
03/04/2025 03/04/25 For Sale $385,000 -- $208 / Sq Ft
Source: Doorify MLS

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 $2,696 $271,932 $151,589 $120,343
2024 $2,144 $153,669 $52,272 $101,397
2023 $2,013 $153,669 $52,272 $101,397
2022 $1,967 $153,669 $52,272 $101,397
2021 $1,958 $153,669 $52,272 $101,397
2020 $1,911 $153,669 $52,272 $101,397
2019 $1,911 $153,669 $52,272 $101,397
2018 $2,320 $171,013 $36,400 $134,613
2017 $0 $171,013 $36,400 $134,613
2016 -- $171,013 $36,400 $134,613
2015 -- $152,787 $14,978 $137,809
2014 -- $152,787 $14,978 $137,809
Source: Public Records

Agents Affiliated with this Home

  • Thomas Furlow

    Seller's Agent in 2025

    Thomas Furlow

    Deaton Investment Real Estate

    (919) 847-1117

    5 in this area

    59 Total Sales

    Thomas Furlow
    Section Image
  • Lisa Coleman

    Buyer's Agent in 2025

    Lisa Coleman

    EXP Realty LLC

    (919) 272-4754

    1 in this area

    110 Total Sales

    Lisa Coleman
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10079848

Doorify MLS

APN: 110147

North Carolina Durham County Durham 27701 Central Park

206 E Geer St, Durham, NC

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