NOT LISTED FOR SALE

2523 Preston Ave Durham, NC 27705

Duke Homestead Neighborhood

Estimated Value: $191,000 - $256,819

2 Beds
1 Bath
902 Sq Ft
$249/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $195,000 $216 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,341/month

28 Days on Market

Highlights

  • Traditional Architecture
  • Bathtub with Shower
  • 1-Story Property
  • No HOA
  • Landscaped with Trees
  • Luxury Vinyl Tile Flooring

About This Home

As of July 2023

Looking for a place to call your own? This cute, mid-century home is the perfect fit! With easy access to Duke Regional and Downtown Durham, this one-third acre property has all you need. It's being sold AS-IS, but with some TLC, it'll be ready for the next chapter of its life.

Last Agent to Sell the Property

Daina Monsma

Century 21 Triangle Group License #311641 Listed on: 05/16/2023

Century 21 Triangle Group

Last Buyer's Agent

Tiffany Williamson

Navigate Realty License #279179

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,325

Year Built

  • Built in 1950

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75 x 200 x 75 x 200
  • Open Lot
  • Landscaped with Trees

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 902 Sq Ft Home
  • 1-Story Property

Flooring

  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Schools

  • Holt Elementary School
  • Carrington Middle School
  • Riverside High School

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,325

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Year Built: 1950
  • Prop. Type: Residential
  • Road Frontage Type: Other
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 902.0
  • 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: 75 x 200 x 75 x 200
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Lot Features Hardwood Trees: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Laundry Closet: Yes
  • General Property Information Above Grade Finished Area: 902.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 14810.4
  • General Property Information Lot Size Acres: 0.34
  • General Property Information:Living Area3: 902.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Luxury Vinyl, Vinyl
  • Interior Amenities: Bathtub/Shower Combination
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.34
  • Construction Type: Block
  • Foundation Details: Slab
  • Lot Features:Open Lot: Yes
  • Construction Materials:Block2: 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
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: 75 x 200 x 75 x 200
  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1325.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Holt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2018
Sold by
Geissler Mathis and Geissler Erica
Bought by
Piper Management Llc
Current Estimated Value
$224,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Geissler Matthias Michael

Purchase Details

Closed on
Aug 21, 2009
Sold by
Manison Taura Lee
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Aug 31, 2006
Sold by
Couch Anne Mae and Couch Herbert
Bought by
Manison Taura Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,200
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
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
Piper Management Llc -- None Available
Geissler Matthias Michael $26,500 None Available
Hsbc Bank Usa National Association $56,700 None Available
Manison Taura Lee $76,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Piper Management Llc $1,600,000
Previous Owner Manison Taura Lee $72,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $195,000 -- --
07/07/2023 07/07/23 Sold $195,000 -13.3% $216 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $225,000 -- $249 / 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 $2,177 $219,642 $150,750 $68,892
2024 $1,406 $100,767 $36,932 $63,835
2023 $1,320 $100,767 $36,932 $63,835
2022 $1,290 $100,767 $36,932 $63,835
2021 $1,284 $100,767 $36,932 $63,835
2020 $1,253 $100,767 $36,932 $63,835
2019 $1,253 $100,767 $36,932 $63,835
2018 $919 $67,778 $30,217 $37,561
2017 $913 $79,505 $30,217 $49,288
2016 $1,034 $79,505 $30,217 $49,288
2015 $996 $71,918 $22,790 $49,128
2014 $996 $71,918 $22,790 $49,128
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Daina Monsma

    Century 21 Triangle Group

    (919) 802-4255

    1 in this area

    78 Total Sales

    Daina Monsma
    Section Image
  • Tiffany Williamson

    Buyer's Agent in 2023

    Tiffany Williamson

    Navigate Realty

    (919) 218-3057

    4 in this area

    1,663 Total Sales

    Tiffany Williamson
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2510943

Doorify MLS

APN: 126589

North Carolina Durham County Durham 27705 Duke Homestead

2523 Preston Ave, Durham, NC

Not Listed for Sale

Detached

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