NOT LISTED FOR SALE

2201 W Cornwallis Rd Durham, NC 27705

Garrett Neighborhood

Estimated Value: $348,000 - $486,000

0.75 Acre
$541,491 Price per Acre
32,670 Sq Ft Lot

Last Sold October 27, 2021

Last sale price $180,000 $138 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,353/month

63 Days on Market

About This Lot

As of October 2021

Huge Investment Potential in PRIME Durham location right near West Cornwallis entrance ramp and main highway 15-501. This property is being marketed in conjunction with 2026, 2027 & 2008, Granville Circle & 2205 W. Cornwallis Rd. Structures on the properties may not be safe to enter please do not explore.

Last Agent to Sell the Property

Ben Parker

Keller Williams Legacy License #283012 Listed on: 10/04/2019

Keller Williams Legacy

Last Buyer's Agent

Tony Craver

Craver Real Estate License #12060

Property Details

Property Type

  • Land

Lot Details

  • 0.75 Acre Lot
  • Brush Vegetation
  • Level Lot

Schools

  • Forest View Elementary School
  • Githens Middle School
  • Jordan High School

Community Details

  • Cornwallis Villages Subdivision

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Cornwallis Villages
  • Remarks and Miscellaneous Syndication Remarks2: Huge Investment Potential in PRIME Durham location right near West Cornwallis entrance ramp and main highway 15-501. This property is being marketed in conjunction with 2026, 2027 & 2008, Granville Circle & 2205 W. Cornwallis Rd. Structures on the properties may not be safe to enter please do not explore.
  • Utilities Electricity Available: Yes
  • Vegetation Brush: Yes
  • General Property Information Lot Size Acres: 0.754
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.75
  • Lot Features:Level: Yes

Utilities

  • Utilities: Electricity Available

Schools

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

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 32844.24
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Durham - Forest View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Oct 26, 2021
Sold by
R & J Brown Investments Llc
Bought by
Nc Durham Wcl Llc
Seller's Agent
Ben Parker
Keller Williams Legacy
Buyer's Agent
Tony Craver
Craver Real Estate
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$406,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,118
Avg. Annual Appreciation
21.10%
Original Mortgage
$552,500
Outstanding Balance
$504,921
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$98,803
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Nc Durham Wcl Llc $545,000 None Available
R & J Brown Investments Llc -- None Available
Brown Richard Travis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nc Durham Wcl Llc $552,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $180,000 -- --
10/27/2021 10/27/21 Sold $180,000 0.0% $138 / Sq Ft
12/06/2019 12/06/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $180,000 -- $138 / 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 $2,928 $295,363 $175,416 $119,947
2024 $2,071 $148,445 $35,080 $113,365
2023 $1,944 $148,445 $35,080 $113,365
2022 $1,900 $148,445 $35,080 $113,365
2021 $1,891 $148,445 $35,080 $113,365
2020 $1,847 $148,445 $35,080 $113,365
2019 $1,847 $148,445 $35,080 $113,365
2018 $1,011 $74,503 $22,025 $52,478
2017 $1,003 $74,503 $22,025 $52,478
2016 $969 $74,503 $22,025 $52,478
2015 $1,218 $87,984 $20,877 $67,107
2014 $1,218 $87,984 $20,877 $67,107
Source: Public Records

Agents Affiliated with this Home

  • Ben Parker

    Seller's Agent in 2021

    Ben Parker

    Keller Williams Legacy

    (919) 980-0074

    5 in this area

    103 Total Sales

    Ben Parker
    Section Image

  • T

    Buyer's Agent in 2021

    Tony Craver

    Craver Real Estate

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2282186

Doorify MLS

APN: 137102

North Carolina Durham County Durham 27705 Garrett

2201 W Cornwallis Rd, Durham, NC

Not Listed for Sale

Lots

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