NOT LISTED FOR SALE

Estimated Value: $155,000 - $195,000

2 Beds
2 Baths
875 Sq Ft
$200/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $145,000 $166 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,039/month

70 Days on Market

Highlights

  • Window Unit Cooling System
  • Carpet
  • Heating Available

About This Home

As of May 2021

Entry level investment property just minutes from downtown Durham. Bring your hammer and nails, there is work to be done. Being sold as is, seller will make no repairs.

Last Agent to Sell the Property

Charles Bulthuis

Reformation Asset Management License #277702 Listed on: 02/06/2021

Co-Listed By

Cindy Sorvillo

Coldwell Banker HPW License #312409

Last Buyer's Agent

Linda Craft

Linda Craft Team, REALTORS License #140967

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $682

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 25.66 x 34.66

Parking

  • Off-Street Parking

Home Design

  • Vinyl Siding

Flooring

  • Carpet
  • Vinyl

Schools

  • Y E Smith Elementary School
  • Neal Middle School
  • Southern High School

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

Overview

  • 2 Units
  • Edgemont Subdivision

Building Details

  • Gross Income $1,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$682

Year Built

Built in 1910

Lot Details

0 Sq Ft Lot

Listing Details

  • Year Built: 1910
  • Prop. Type: Residential Income
  • Subdivision Name: Edgemont
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Lot Size Dimensions: 25.66 x 34.66
  • Sewer:Public Sewer: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Entry level investment property just minutes from downtown Durham. Bring your hammer and nails, there is work to be done. Being sold as is, seller will make no repairs.
  • General Property Information Carport YN: No
  • Cooling Window Unit(s): Yes
  • General Property Information Number Of Units Total3: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl

Exterior Features

  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

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

Utilities

  • Heating: Electric
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes

Schools

  • Ninth Grade High School: Durham - Southern
  • Middle Or Junior School: Durham - Neal

Lot Info

  • Lot Dimensions: 25.66 x 34.66

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 682.0
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 1100.0

MLS Schools

  • Elementary School: Durham - Y E Smith

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2021
Closed on
May 11, 2021
Sold by
Spence Christopher and Spence Suzanne
Bought by
401 North Herritage Llc
Seller's Agent
Charles Bulthuis
Reformation Asset Management
Buyer's Agent
Linda Craft
Linda Craft Team, REALTORS
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%
Current Estimated Value
$174,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,605
Avg. Annual Appreciation
3.87%

Purchase Details

Closed on
Jun 4, 2019
Sold by
Rise Durham Llc
Bought by
Spence Christopher and Spence Suzanne

Purchase Details

Closed on
Apr 13, 2017
Sold by
Evans Joseph Paul
Bought by
Rise Durham Llc
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 Buyer Sale Price Title Company
401 North Herritage Llc $145,000 None Available
Spence Christopher $115,000 None Available
Rise Durham Llc $675,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $145,000 -- --
05/12/2021 05/12/21 Sold $145,000 -2.7% $166 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $149,000 0.0% $170 / Sq Ft
04/09/2021 04/09/21 Price Changed $149,000 -6.3% $170 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $159,000 -- $182 / 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 $1,276 $128,700 $128,700 $0
2024 $765 $54,840 $23,300 $31,540
2023 $718 $54,840 $23,300 $31,540
2022 $702 $54,840 $23,300 $31,540
2021 $699 $54,840 $23,300 $31,540
2020 $682 $54,840 $23,300 $31,540
2019 $682 $54,840 $23,300 $31,540
2018 $675 $49,770 $14,562 $35,208
2017 $670 $49,770 $14,562 $35,208
2016 $648 $49,770 $14,562 $35,208
2015 $544 $39,264 $10,676 $28,588
2014 $544 $39,264 $10,676 $28,588
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2365384

Doorify MLS

APN: 114369

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