NOT LISTED FOR SALE

The Flats - Exchange on Erwin 2608 Erwin Rd Durham, NC 27705

Erwin Neighborhood

Estimated Value: $476,000 - $592,000

1 Bed
2 Baths
840 Sq Ft
$638/Sq Ft Est. Value

About This Home

This home is located at 2608 Erwin Rd, Durham, NC 27705 and is currently estimated at $536,333, approximately $638 per square foot. 2608 Erwin Rd is a home located in Durham County with nearby schools including Morehead Montessori, Claremont Colony Elementary School, and Forest View Elementary.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2019
Sold by
Rrpiii Lakeview Duham Retail Llc
Bought by
Sreit Erwin Retail Lp
Current Estimated Value
$536,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,450,000
Outstanding Balance
$66,243,590
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
-$65,707,257

Purchase Details

Closed on
Nov 12, 2015
Sold by
Pavilion East Llc
Bought by
Lakeview Durham Retail Llc

Purchase Details

Closed on
Apr 22, 2010
Sold by
Pavilion East Lofts Llc
Bought by
Trautman Erich M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,120
Interest Rate
5.06%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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ICE

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First American

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Quantarium

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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
Sreit Erwin Retail Lp $46,250,000 Chicago Title Company Llc
Lakeview Durham Retail Llc $38,869,000 Attorney
Trautman Erich M $264,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sreit Erwin Retail Lp $75,450,000
Previous Owner Trautman Erich M $211,120
Source: Public Records

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 -- $100 $100 $0
2024 -- $1 $1 $0
2023 $0 $1 $1 $0
2022 $0 $1 $1 $0
2021 $0 $1 $1 $0
2020 $0 $1 $1 $0
2019 $0 $1 $1 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
2015 $35,232 $2,545,084 $0 $2,545,084
2014 $35,232 $2,545,084 $0 $2,545,084
Source: Public Records

About The Flats - Exchange on Erwin

Map

North Carolina Durham County Durham 27705 Erwin

2608 Erwin Rd, Durham, NC

Not Listed for Sale

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