NOT LISTED FOR SALE

2502 Stephenson St Durham, NC 27704

Northeast Durham Neighborhood

Estimated Value: $251,000 - $279,019

2 Beds
1.5 Baths
778 Sq Ft
$338/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $252,500 $325 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,578/month

160 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1-Story Property
  • Club Boulevard Elementary School Rated 9+
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of October 2022

Welcome home to this cute as a button 2 bedroom ranch home in convenient Durham location. This home has luxury vinyl plank flooring throughout, new granite countertops in the kitchen with light cabinets and stainless steel appliances (range, dishwasher, and microwave) . Head outside and enjoy a oversized yard! You don’t want to miss this one, schedule your showing today!

Last Agent to Sell the Property

Derek Dickson

Offerpad Brokerage LLC License #308020 Listed on: 04/12/2022

Last Buyer's Agent

Anna Ruppard

Compass -- Chapel Hill - Durham License #334309

Compass -- Chapel Hill - Durham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,628

Year Built

  • Built in 1949

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 778 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Glenn Elementary School
  • Carrington Middle School
  • Northern High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Colonial Village Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,628

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Year Built: 1949
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Colonial Village
  • Above Grade Finished Sq Ft: 778.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: unknown
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Wood: Yes
  • General Property Information Above Grade Finished Area: 778.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Lot Size Acres: 0.17
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Luxury Vinyl, Wood
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.17
  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Durham - Northern
  • Middle Or Junior School: Durham - Carrington

Lot Info

  • Lot Dimensions: unknown
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1628.0

MLS Schools

  • Elementary School: Durham - Glenn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
Oct 18, 2022
Sold by
Offerpad Spvborrower 1 Llc
Bought by
Norwood Patrick H
Seller's Agent
Derek Dickson
Offerpad Brokerage LLC
Buyer's Agent
Anna Ruppard
Compass -- Chapel Hill - Durham
List Price
$349,900
Sold Price
$252,500
Premium/Discount to List
-$97,400
-27.84%
Current Estimated Value
$263,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,755
Avg. Annual Appreciation
1.41%
Original Mortgage
$200,000
Outstanding Balance
$192,256
Interest Rate
5.89%
Mortgage Type
Balloon
Estimated Equity
$70,999

Purchase Details

Closed on
Feb 16, 2022
Sold by
Reuben Paddock
Bought by
Offerpad Spvborrowerl Llc

Purchase Details

Closed on
May 17, 2011
Sold by
Mark4 Properties Llc
Bought by
Paddock Reuben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,642
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 2010
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Mark4 Properties Llc

Purchase Details

Closed on
Nov 9, 2009
Sold by
Muforza John
Bought by
The Bank Of New York Mellon Trust Compan
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
Norwood Patrick H $252,500 --
Offerpad Spvborrowerl Llc $300,000 Walker Kiger Pllc
Paddock Reuben $93,000 None Available
Mark4 Properties Llc $25,000 None Available
The Bank Of New York Mellon Trust Compan $62,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norwood Patrick H $200,000
Previous Owner Paddock Reuben $90,642
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $252,500 -- --
10/19/2022 10/19/22 Sold $252,500 -12.9% $325 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
08/20/2022 08/20/22 Price Changed $289,900 -3.3% $373 / Sq Ft
08/01/2022 08/01/22 Price Changed $299,900 -6.3% $385 / Sq Ft
07/06/2022 07/06/22 Price Changed $319,900 -3.0% $411 / Sq Ft
06/08/2022 06/08/22 Price Changed $329,900 -5.7% $424 / Sq Ft
04/11/2022 04/11/22 For Sale $349,900 -- $450 / 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 $2,180 $231,225 $87,750 $143,475
2024 $2,180 $156,255 $29,250 $127,005
2023 $2,141 $163,334 $29,150 $134,184
2022 $1,636 $127,800 $29,150 $98,650
2021 $1,628 $127,800 $29,150 $98,650
2020 $1,590 $127,800 $29,150 $98,650
2019 $1,590 $127,800 $29,150 $98,650
2018 $1,022 $75,344 $20,405 $54,939
2017 $1,015 $75,344 $20,405 $54,939
2016 $980 $75,344 $20,405 $54,939
2015 $725 $52,389 $14,772 $37,617
2014 $725 $52,389 $14,772 $37,617
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Derek Dickson

    Offerpad Brokerage LLC

  • Anna Ruppard

    Buyer's Agent in 2022

    Anna Ruppard

    Compass -- Chapel Hill - Durham

    (828) 750-3014

    1 in this area

    38 Total Sales

    Anna Ruppard
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2441879

Doorify MLS

APN: 120135

North Carolina Durham County Durham 27704 Northeast Durham

2502 Stephenson St, Durham, NC

This home is located at 2502 Stephenson St, Durham, NC 27704 since 12 April 2022 and is currently estimated at $263,255, approximately $338 per square foot. This property was built in 1949. 2502 Stephenson St is a home located in Durham County with nearby schools including W.G. Pearson Elementary School, Club Boulevard Elementary School, and Brogden Middle.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes