NOT LISTED FOR SALE

2622 Teermark Ln Durham, NC 27703

Eastern Durham Neighborhood

Estimated Value: $549,563 - $593,000

4 Beds
3 Baths
2,967 Sq Ft
$192/Sq Ft Est. Value

Sale Details

Date Sold: February 17, 2023

Last sale price $523,000 $176 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,567 / mo

Highlights

  • Granite Countertops
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of March 2023

ATTENTION !! ATTENTION !! BIG PRICE REDUCTION IN HIGHLY SOUGHT AFTER COMMUNITY. You will love this 4 bedroom, 3 fullbathroom home. Inside, wood-look floors lead into an inviting living room warmed by a gas fireplace. The kitchen showcases granite countertops, stainless steel appliances, an island, and white cabinetry. Retire to the owner's suite with a bathroom featuring a dual sink vanity, a shower,and a large walk-in closet and a linen closet.The loft offers space for a playroom, study area, or office. This home is close to shopping, dining,and I-40, I 85 and 885.

Last Agent to Rent the Property

danielle watford

DREAMS OF NC LLC License #338533 Listed on: 02/20/2023

Last Renter's Agent

Manfred Franz

Urban Durham Realty License #326167

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 7,405

HOA Fees

  • Property has a Home Owners Association

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,967 Sq Ft Home
  • 2-Story Property
  • Granite Countertops
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Schools

  • Spring Valley Elementary School

Community Details

  • Brightleaf Subdivision

Listing and Financial Details

  • Security Deposit $2,785
  • Property Available on 3/9/23
  • Tenant pays for water

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

7,405 Sq Ft Lot

HOA Fees

$95 per month

Parking

2

Rental Info

  • Tenant Pays: Water, Other
  • Available Date: 2023-03-09

Listing Details

  • Year Built: 2018
  • Prop. Type: Residential Lease
  • Subdivision Name: Brightleaf
  • Above Grade Finished Sq Ft: 2967.0
  • Unit Levels: Two
  • Levels Two: Yes
  • Contract Information Availability Date: 2023-03-09
  • Contract Information Security Deposit2: 2785.0
  • General Property Information Above Grade Finished Area: 2967.0
  • General Property Information:Living Area3: 2967.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counters, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Laundry Features:In Unit: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

MLS Schools

  • Elementary School: Durham - Spring Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2023
Closed on
Feb 17, 2023
Sold by
Dos Santos Renato and Alvarenga Claudia
Bought by
Song Qiyang
Seller's Agent
danielle watford
DREAMS OF NC LLC
Buyer's Agent
Manfred Franz
Urban Durham Realty
Sold Price
$2,785
Views
28
Current Estimated Value
$569,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$566,606
Avg. Annual Appreciation
2.69%
Original Mortgage
$470,700
Outstanding Balance
$456,327
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$113,064

Purchase Details

Closed on
Aug 9, 2018
Sold by
Dan Ryan Builders North Carolina Llc
Bought by
Santos Renato Dos and Cascao Claudia De Alvarenga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,842
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2017
Sold by
Ghd Brightleaf Llc
Bought by
Dan Ryan Builders North Carolina Llc
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
Song Qiyang $523,000 --
Santos Renato Dos $298,000 None Available
Dan Ryan Builders North Carolina Llc $2,935,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Song Qiyang $470,700
Previous Owner Santos Renato Dos $288,842
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2023 12/14/23 Off Market $523,000 -- --
03/20/2023 03/20/23 Rented $2,785 0.0% --
03/03/2023 03/03/23 Price Changed $2,785 -4.0% $1 / Sq Ft
02/19/2023 02/19/23 For Rent $2,900 0.0% --
02/17/2023 02/17/23 Sold $523,000 0.0% $176 / Sq Ft View Prior Sale
01/17/2023 01/17/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $523,000 -- $176 / Sq Ft
Source: Doorify MLS

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 $5,692 $574,200 $103,545 $470,655
2024 $4,559 $326,810 $61,477 $265,333
2023 $4,281 $326,810 $61,477 $265,333
2022 $4,183 $326,810 $61,477 $265,333
2021 $4,163 $326,810 $61,477 $265,333
2020 $4,065 $326,810 $61,477 $265,333
2019 $4,065 $326,810 $61,477 $265,333
2018 $794 $58,550 $58,550 $0
2017 $788 $58,550 $58,550 $0
2016 $762 $58,550 $58,550 $0
2015 $88 $6,343 $6,343 $0
2014 $88 $63,433 $63,433 $0
Source: Public Records

Agents Affiliated with this Home

  • danielle watford

    Landlord's Agent in 2023

    danielle watford

    DREAMS OF NC LLC

    (919) 452-5312

    14 Total Sales

    danielle watford
    Section Image
  • Jimmy John

    Seller's Agent in 2023

    Jimmy John

    Ideal Home Realty

    (252) 767-5603

    6 in this area

    21 Total Sales

    Jimmy John
    Section Image
  • Philip Mathew

    Seller Co-Listing Agent in 2023

    Philip Mathew

    Ideal Home Realty

    (919) 691-7543

    3 in this area

    29 Total Sales

    Philip Mathew
    Section Image
  • Manfred Franz

    Tenant's Agent in 2023

    Manfred Franz

    Urban Durham Realty

    (919) 500-9724

    22 Total Sales

    Manfred Franz
    Section Image
  • Yuling Wang

    Buyer's Agent in 2023

    Yuling Wang

    SweetHome International, LLC

    (919) 480-4991

    5 in this area

    97 Total Sales

    Yuling Wang
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2495834

Doorify MLS

APN: 215263

North Carolina Durham County Durham 27703 Eastern Durham

2622 Teermark Ln, Durham, NC

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