206 E Geer St Durham, NC 27701
Central Park Neighborhood
4
Beds
2
Baths
1,850
Sq Ft
5,227
Sq Ft Lot
Highlights
- Transitional Architecture
- Tile Flooring
- Central Heating and Cooling System
- George Watts Elementary Rated A-
About This Home
As of April 2025Duplex 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
Deaton Investment Real Estate License #222598 Listed on: 03/04/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,144
Year Built
- Built in 2000
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,117
Avg. Annual Appreciation
0.77%
Original Mortgage
$365,750
Outstanding Balance
$364,450
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$21,667
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%
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 | $385,000 | None Listed On Document | |
| Warranty Deed | $385,000 | None Listed On Document | |
| Special Warranty Deed | $3,000,000 | None Listed On Document | |
| Special Warranty Deed | $3,250,000 | Metro Title Company | |
| Warranty Deed | $299,000 | None Available | |
| Warranty Deed | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $365,750 | New Conventional | |
| Closed | $365,750 | New Conventional | |
| Previous Owner | $1,550,000 | New Conventional | |
| Previous Owner | $3,000,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $215,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $0 | Undefined Multiple Amounts | |
| Previous Owner | $44,550 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 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 | $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
3 in this area
74 Total Sales
-
Lisa Coleman
Buyer's Agent in 2025
Lisa Coleman
EXP Realty LLC
(919) 272-4754
1 in this area
124 Total Sales
Map
Source: Doorify MLS
MLS Number: 10079848
APN: 110147
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