NOT LISTED FOR SALE

2503 E Main St Durham, NC 27703

East Durham Neighborhood

Estimated Value: $251,000 - $295,000

2 Beds
1 Bath
1,062 Sq Ft
$257/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $255,000 $240 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,649/month

4 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Living Room
  • 2-minute walk to East Durham Park

About This Home

As of September 2023

Cozy 2 bedroom 1 bath home located in the heart of downtown Durham NC! This home has unlimited potential. Has a large backyard with plenty room to expand or create your own private oasis. Don’t let this gem slip away schedule your showings today!

Last Agent to Sell the Property

William Rankin

Mark Spain Real Estate License #291926 Listed on: 08/04/2023

Last Buyer's Agent

Tyler Glasgow

Keller Williams Elite Realty License #288814

Keller Williams Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,022

Year Built

  • Built in 1933

Lot Details

  • 0.28 Acre Lot

Parking

  • Parking Pad

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,062 Sq Ft Home
  • Living Room
  • Dining Room
  • Utility Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Y E Smith Elementary School
  • Rogers-Herr Middle School
  • Northern High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,022

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Year Built: 1933
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1062.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Plat Map
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Cozy 2 bedroom 1 bath home located in the heart of downtown Durham NC! This home has unlimited potential. Has a large backyard with plenty room to expand or create your own private oasis. Don’t let this gem slip away schedule your showings today!
  • General Property Information Above Grade Finished Area: 1062.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 12196.8
  • General Property Information Lot Size Acres: 0.28
  • General Property Information:Living Area3: 1062.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Wood
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.28
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Pad
  • Parking Features:Parking Pad: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • HeatingCooling:Heat Pump: 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 - Rogers-Herr

Lot Info

  • Lot Dimensions: See Plat Map
  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2022.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Y E Smith

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Sep 11, 2023
Sold by
Taylor Monroe P
Bought by
Obrist Carolyn and Papak Thomas Alan
Seller's Agent
William Rankin
Mark Spain Real Estate
Buyer's Agent
Tyler Glasgow
Keller Williams Elite Realty
List Price
$250,000
Sold Price
$255,000
Premium/Discount to List
$5,000
2%
Views
42
Current Estimated Value
$273,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,437
Avg. Annual Appreciation
3.15%
Original Mortgage
$191,250
Outstanding Balance
$185,462
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$87,975

Purchase Details

Listed on
Sep 1, 2013
Closed on
Jan 28, 2014
Sold by
Salazar Salvador G
Bought by
Taylor Monroe P
List Price
$73,500
Sold Price
$73,900
Premium/Discount to List
$400
0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%
Original Mortgage
$75,900
Interest Rate
4.44%
Mortgage Type
VA

Purchase Details

Closed on
Mar 25, 2013
Sold by
Suntrust Bank
Bought by
Salazar Salvador G

Purchase Details

Closed on
Nov 14, 2012
Sold by
Harris Mertha J
Bought by
Sun Turst Bank

Purchase Details

Closed on
May 21, 2012
Sold by
Harris Vallie Elaine
Bought by
Currie Elma Harris
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
Obrist Carolyn -- None Listed On Document
Taylor Monroe P $723,500 None Available
Salazar Salvador G -- None Available
Sun Turst Bank $23,375 None Available
Currie Elma Harris -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrist Carolyn $191,250
Previous Owner Taylor Monroe P $75,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2023 12/18/23 Off Market $255,000 -- --
09/06/2023 09/06/23 Sold $255,000 +2.0% $240 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $250,000 +238.3% $235 / Sq Ft
01/28/2014 01/28/14 Sold $73,900 +0.5% $69 / Sq Ft View Prior Sale
11/20/2013 11/20/13 Pending -- -- --
09/01/2013 09/01/13 For Sale $73,500 -- $68 / 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 $2,593 $261,560 $110,700 $150,860
2024 $2,424 $173,742 $27,630 $146,112
2023 $1,138 $173,742 $27,630 $146,112
2022 $1,112 $173,742 $27,630 $146,112
2021 $1,107 $173,742 $27,630 $146,112
2020 $1,081 $173,742 $27,630 $146,112
2019 $2,161 $173,742 $27,630 $146,112
2018 $1,087 $80,113 $15,350 $64,763
2017 $1,079 $80,113 $15,350 $64,763
2016 $1,042 $80,113 $15,350 $64,763
2015 $898 $64,856 $13,567 $51,289
2014 $898 $64,856 $13,567 $51,289
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2023

    William Rankin

    Mark Spain

  • T

    Buyer's Agent in 2023

    Tyler Glasgow

    Keller Williams Elite Realty

    (919) 830-9551

    1 in this area

    38 Total Sales

    Tyler Glasgow
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Map

Source: Doorify MLS

MLS Number: 2525375

Doorify MLS

APN: 114175

North Carolina Durham County Durham 27703 East Durham

2503 E Main St, Durham, NC

Not Listed for Sale

Detached

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