NOT LISTED FOR SALE

Estimated Value: $319,000 - $492,000

4 Beds
2 Baths
1,500 Sq Ft
$272/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $1,200,000 $800 Per Sq Ft

Current estimated payment $2,183/month

21 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Luxury Vinyl Tile Flooring
  • Wood Siding
  • Lakewood Montessori Middle School Rated A-
  • Baseboard Heating

About This Home

As of March 2022

Rare rental property portfolio in Durham includes a combination of one duplex (2213 Chapel Hill) & four single-family homes (2005 Wa Wa, 2518 Glendale, 4126 Chaucer, 2708 S.Roxboro). Fully leased, mostly month-to-month. Most interiors have been updated, but plenty of opportunity to add value & increase below-market rents. Excellent initial portfolio or addition to existing portfolio.

Last Agent to Sell the Property

John Whaley

Frasher Whaley Realty Group License #262351 Listed on: 02/02/2022

Last Buyer's Agent

Nata Bozymski

Inhabit Real Estate License #227848

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,706

Year Built

  • Built in 1971

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Wood Siding

Flooring

  • Carpet
  • Luxury Vinyl Tile

Schools

  • Lakewood Elementary School
  • Githens Middle School
  • Jordan High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,706

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Cooling Wall Unit(s): Yes
  • Contract Information Lease Term: 30 Days
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Luxury Vinyl

Exterior Features

  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

  • Heating: Baseboard, Electric
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Baseboard: Yes

Schools

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

Rental Info

  • Lease Term: 30 Days
  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 2706.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Durham - Lakewood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2024
Sold by
Shah Keyuri and Shah Saurin
Bought by
Shah Rtp Properties Llc
Current Estimated Value
$353,575

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 11, 2022
Sold by
Prime Ventures Llc
Bought by
Shah Keyuri and Shah Saurin
Seller's Agent
John Whaley
Frasher Whaley Realty Group
Buyer's Agent
Nata Bozymski
Inhabit Real Estate
List Price
$1,400,000
Sold Price
$1,200,000
Premium/Discount to List
-$200,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-30.26%
Original Mortgage
$198,750
Interest Rate
3.69%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 19, 2012
Sold by
Chung Kuo San and Chung Kuo Sun Su
Bought by
Prime Ventures Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shah Rtp Properties Llc -- None Listed On Document
Shah Keyuri $530 None Listed On Document
Prime Ventures Llc $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shah Keyuri $198,750
Previous Owner Prime Ventures Llc $690,000
Previous Owner Prime Ventures Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $1,200,000 -- --
03/28/2022 03/28/22 Sold $1,200,000 -11.1% $800 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/18/2022 02/18/22 Price Changed $1,350,000 -3.6% $900 / Sq Ft
02/01/2022 02/01/22 For Sale $1,400,000 -- $933 / 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
2024 $2,962 $212,344 $47,000 $165,344
2023 $2,781 $212,344 $47,000 $165,344
2022 $2,718 $212,344 $47,000 $165,344
2021 $2,705 $212,344 $47,000 $165,344
2020 $2,641 $212,344 $47,000 $165,344
2019 $2,855 $229,495 $47,000 $182,495
2018 $2,363 $174,223 $44,062 $130,161
2017 $2,346 $174,223 $44,062 $130,161
2016 $2,267 $174,223 $44,062 $130,161
2015 $1,107 $80,000 $29,142 $50,858
2014 $1,107 $80,000 $29,142 $50,858
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2429266

Doorify MLS

APN: 104312