NOT LISTED FOR SALE

2416 Nation Ave Durham, NC 27707

Tuscaloosa-Lakewood Neighborhood
Studio
4 Baths
-- Sq Ft
1981 Built

Last Sold November 09, 2023

Last sale price $960,000

2 Days on Market

Highlights

  • Cooling Available
  • Luxury Vinyl Tile Flooring
  • Forced Air Heating System
  • Lakewood Montessori Middle School Rated A-

About This Home

As of November 2023

8-unit apartment building in the popular Tuscaloosa-Lakewood neighborhood of Durham! Each unit is 2BR/1BA with central HVAC, washer/dryer hookups, and metered separately for water and electricity- tenants pay all utilities. New roof in 2023. Four units updated in the last two years and market rents are $1100 for upper units and $975 for lower units. All electric and low annual taxes. Close to Rockwood, Lakewood, and 15-501 restaurants and shopping, less than 2 miles to Duke, and 2.5 miles to downtown Durham.

Last Agent to Sell the Property

John Whaley

Frasher Whaley Realty Group License #262351 Listed on: 10/20/2023

Last Buyer's Agent

Austin Penninger

LPT Realty, LLC License #315568

LPT Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,652

Year Built

  • Built in 1981

Parking

  • Off-Street Parking

Home Design

  • Vinyl Siding

Flooring

  • Luxury Vinyl Tile Flooring

Schools

  • Lakewood Elementary School
  • Brogden Middle School
  • Jordan High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System

Additional Features

  • Basement

Community Details

  • 8 Units

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,652

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Year Built: 1981
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Flooring Luxury Vinyl: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 8.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Luxury Vinyl
  • Basement YN: Yes

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, Forced Air
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: Yes

Schools

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

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 3652.0
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 8

MLS Schools

  • Elementary School: Durham - Lakewood
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $960,000 -3.5% --
10/22/2023 10/22/23 Pending -- -- --
10/20/2023 10/20/23 For Sale $995,000 -- --
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 $8,921 $899,973 $560,000 $339,973
2024 $3,889 $278,790 $60,000 $218,790
2023 $3,652 $285,646 $60,000 $225,646
2022 $3,656 $285,646 $60,000 $225,646
2021 $3,639 $285,646 $60,000 $225,646
2020 $3,553 $285,646 $60,000 $225,646
2019 $3,553 $285,646 $60,000 $225,646
2018 $3,579 $263,825 $64,000 $199,825
2017 $3,552 $263,825 $64,000 $199,825
2016 $3,433 $263,825 $64,000 $199,825
2015 $3,202 $231,273 $64,000 $167,273
2014 $3,202 $231,273 $64,000 $167,273
Source: Public Records

Agents Affiliated with this Home

  • John Whaley

    Seller's Agent in 2023

    John Whaley

    Frasher Whaley Realty Group

    (919) 475-3891

    5 in this area

    94 Total Sales

    John Whaley
    Section Image

  • A

    Buyer's Agent in 2023

    Austin Penninger

    LPT Realty, LLC

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2538354

Doorify MLS
North Carolina Durham County Durham 27707 Tuscaloosa-Lakewood

2416 Nation Ave, Durham, NC

Not Listed for Sale

Condos

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