NOT LISTED FOR SALE

2326 Farthing St Durham, NC 27704

Northgate Park Neighborhood

Estimated Value: $335,000 - $505,191

4 Beds
3 Baths
2,442 Sq Ft
$166/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $291,000 $119 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,482/month

4 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 2-minute walk to Oval Drive Park
  • Club Boulevard Elementary School Rated 9+

About This Home

As of July 2021

This brick duplex is located on a quiet street near Northgate Park in Durham. Both units are currently leased and feature large, two-bedroom floor plans with hardwood floors. New windows were installed in 2016 and a new roof was installed in 2018. 2326: $825 until 11/30/21, 2328: $825 until 8/31/22. See agent remarks for showings.

Last Agent to Sell the Property

Thomas Furlow

Deaton Investment Real Estate License #222598 Listed on: 06/28/2021

Last Buyer's Agent

Ian Kipp

Berkshire Hathaway HomeService License #268085

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,953

Year Built

  • Built in 1942

Lot Details

  • 6,098

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Flooring

  • Wood
  • Vinyl

Basement

  • Crawl Space

Schools

  • Glenn Elementary School
  • Brogden Middle School
  • Riverside High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Farthing Place Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,953

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Year Built: 1942
  • Prop. Type: Residential Income
  • Subdivision Name: Farthing Place
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Flooring Vinyl: Yes
  • Remarks and Miscellaneous Syndication Remarks2: This brick duplex is located on a quiet street near Northgate Park in Durham. Both units are currently leased and feature large, two-bedroom floor plans with hardwood floors. New windows were installed in 2016 and a new roof was installed in 2018. 2326: $825 until 11/30/21, 2328: $825 until 8/31/22.
  • 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: Hardwood, Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Brick
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Schools

  • Ninth Grade High School: Durham - Riverside
  • Middle Or Junior School: Durham - Brogden

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 2953.0
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Durham - Glenn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2017
Sold by
Naseree Taj M and Chears Nelson P
Bought by
D T I Northgate 1 Llc
Current Estimated Value
$404,298

Purchase Details

Closed on
May 30, 2000
Sold by
Varnell Bette J
Bought by
Naseree Taj M and Chears Nelson P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,200
Interest Rate
8.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
D T I Northgate 1 Llc $165,000 None Available
Naseree Taj M $51,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Naseree Taj M $66,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $291,000 -- --
07/28/2021 07/28/21 Sold $291,000 +11.9% $119 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $260,000 -- $106 / 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 $4,444 $448,337 $171,000 $277,337
2024 $3,957 $283,683 $28,500 $255,183
2023 $3,716 $283,708 $28,525 $255,183
2022 $3,039 $237,417 $28,525 $208,892
2021 $3,024 $237,417 $28,525 $208,892
2020 $2,953 $237,417 $28,525 $208,892
2019 $3,455 $277,731 $28,525 $249,206
2018 $1,836 $135,367 $25,672 $109,695
2017 $1,823 $135,367 $25,672 $109,695
2016 $1,761 $135,367 $25,672 $109,695
2015 $1,661 $120,000 $15,303 $104,697
2014 $1,661 $120,000 $15,303 $104,697
Source: Public Records

Agents Affiliated with this Home

  • Thomas Furlow

    Seller's Agent in 2021

    Thomas Furlow

    Deaton Investment Real Estate

    (919) 847-1117

    1 in this area

    65 Total Sales

    Thomas Furlow
    Section Image
  • Ian Kipp

    Buyer's Agent in 2021

    Ian Kipp

    Berkshire Hathaway HomeService

    (919) 313-3445

    3 in this area

    97 Total Sales

    Ian Kipp
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2392622

Doorify MLS

APN: 109166

North Carolina Durham County Durham 27704 Northgate Park

2326 Farthing St, Durham, NC

Not Listed for Sale

MultiFamily

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