$344,000
SOLD MAY 30, 2025
4 Beds
2 Baths
1,775 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$194 Per Sq Ft

2% Below List Price

15 Days on Market

Highlights

  • Cottage
  • Private Driveway
  • Carpet
  • Central Heating and Cooling System

About This Home

As of May 2025

This fully-leased duplex is convenient to Duke University, Duke University Medical Center, Duke Regional Hospital, and several major retail centers. Both units feature identical, two-bedroom floorplans with one bathroom. Unit A was renovated in 2021 with new flooring, granite counters, appliances, and fixtures. Unit B has a long-term tenant of ten years. The owner made several major capital improvements in recent years including installing a new roof in December 2024 and replacing the HVAC system for Unit A in July 2024 and Unit B in November 2022.

Last Agent to Sell the Property

Thomas Furlow

Deaton Investment Real Estate License #222598 Listed on: 04/10/2025

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,677

Year Built

  • Built in 1981

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,775 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Private Driveway
  • 4 Open Parking Spaces

Additional Features

  • 10,454 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Azalea Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0813-95-9796

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,677

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Year Built: 1981
  • Prop. Type: Residential Income
  • Subdivision Name: Azalea Park
  • Above Grade Finished Sq Ft: 1775.0
  • Unit Levels: Multi/Split, Two
  • New Construction: No
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Flooring Vinyl: Yes
  • Remarks and Miscellaneous Syndication Remarks2: This fully-leased duplex is convenient to Duke University, Duke University Medical Center, Duke Regional Hospital, and several major retail centers. Both units feature identical, two-bedroom floorplans with one bathroom. Unit A was renovated in 2021 with new flooring, granite counters, appliances, and fixtures. Unit B has a long-term tenant of ten years. The owner made several major capital improvements in recent years including installing a new roof in December 2024 and replacing the HVAC system for Unit A in July 2024 and Unit B in November 2022.
  • Levels MultiSplit: Yes
  • Architectural Style Cottage: Yes
  • Roof:Shingle: Yes
  • Contract Information Lease Term: Month To Month
  • General Property Information Above Grade Finished Area: 1775.0
  • General Property Information Lot Size Square Feet2: 10454.0
  • General Property Information Lot Size Acres: 0.24
  • General Property Information Stories2: 2
  • General Property Information:Living Area3: 1775.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Plank, Vinyl
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Acres: 0.24
  • Construction Type: Aluminum Siding, Vinyl Siding
  • Foundation Details: Slab
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Concrete, Driveway
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 10454.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0813-95-9796

Rental Info

  • Lease Term: Month To Month
  • Owner Pays: See Remarks

Tax Info

  • Tax Annual Amount: 2676.76
  • Tax Year: 2024
  • Tax Map Number: 09

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2025
Closed on
May 27, 2025
Sold by
Caveness Tracey L and Butterfield Connie
Bought by
Nguyen Hung
Seller's Agent
Thomas Furlow
Deaton Investment Real Estate
Buyer's Agent
Non Member
Non Member Office
List Price
$350,000
Sold Price
$344,000
Premium/Discount to List
-$6,000
-1.71%
Views
67
Current Estimated Value
$355,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,770
Avg. Annual Appreciation
5.97%
Original Mortgage
$258,000
Outstanding Balance
$257,340
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$98,430

Purchase Details

Closed on
Apr 21, 2020
Sold by
Bona Canu Cassio Di
Bought by
Cavenes Tracey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.37%
Mortgage Type
New Conventional
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

Date Type Sale Price Title Company
Warranty Deed $344,000 None Listed On Document
Warranty Deed $344,000 None Listed On Document
Warranty Deed $210,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $258,000 New Conventional
Closed $258,000 New Conventional
Previous Owner $168,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2025 05/30/25 Sold $344,000 -1.7% $194 / Sq Ft
04/25/2025 04/25/25 Pending -- -- --
04/10/2025 04/10/25 For Sale $350,000 -- $197 / 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 $3,443 $347,370 $139,500 $207,870
2024 $2,677 $191,896 $55,575 $136,321
2023 $2,514 $191,896 $55,575 $136,321
2022 $2,456 $191,896 $55,575 $136,321
2021 $2,445 $191,896 $55,575 $136,321
2020 $2,387 $191,896 $55,575 $136,321
2019 $2,387 $191,896 $55,575 $136,321
2018 $1,773 $130,719 $30,875 $99,844
2017 $1,760 $130,719 $30,875 $99,844
2016 $1,701 $130,719 $30,875 $99,844
2015 $1,522 $109,940 $24,732 $85,208
2014 $1,522 $109,940 $24,732 $85,208
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10088270

Doorify MLS

APN: 173474