NOT LISTED FOR SALE

2720 Montgomery St Durham, NC 27705

Duke Forest Neighborhood

Estimated Value: $805,000 - $948,000

5 Beds
3.5 Baths
3,322 Sq Ft
$267/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $700,000 $211 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,407/month

2 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Lakewood Montessori Middle School Rated A-
  • No HOA
  • Private Driveway

About This Home

As of December 2022

Rare opportunity to enter highly-desirable Duke Forest neighborhood at this price point! Enjoy spacious living with 5 beds, 3.5 baths, and 3,365 square feet on a beautiful 0.62-acre lot. Main floor includes 3 beds/2.5 baths/~2.2k sq ft, laundry, original hardwoods throughout and gas log fireplace, plus 2-car carport and deck. Large living area with showcase windowed vista overlooking huge, sloping backyard. Finished walk-out basement with 2/1 and huge den area would need cosmetic updates before feeling comparable to the main living floor, but has great potential for offices, MIL suite or even a separate unit. Lots of value upside as well, as property adjoins multiple 7-figure est'd-value homes. Please see listing docs for summary of recent work and more!

Last Agent to Sell the Property

Kyle Marion

Kelly Right Real Estate of NC License #337629 Listed on: 10/15/2022

Kelly Right Real Estate of NC

Last Buyer's Agent

Brad Hellard

Fathom Realty NC, LLC License #293072

Fathom Realty NC, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,648

Year Built

  • Built in 1967

Lot Details

  • 0.63 Acre Lot
  • Property is zoned R-10

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Foundation
  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Heated Basement
  • Interior and Exterior Basement Entry
  • Block Basement Construction
  • Crawl Space
  • Natural lighting in basement

Parking

  • 2 Carport Spaces
  • Parking Pad
  • Private Driveway

Schools

  • Forest View Elementary School
  • Brogden Middle School
  • Jordan High School

Utilities

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

Community Details

  • No Home Owners Association
  • Duke University Homesites Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,648

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Year Built: 1967
  • Prop. Type: Residential
  • Subdivision Name: Duke University Homesites
  • Above Grade Finished Sq Ft: 2222.0
  • 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: ~212' x 127'
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Cooling:Electric: Yes
  • Flooring Hardwood: Yes
  • Room Types Primary Bedroom Level: M
  • Basement Heated3: Yes
  • General Property Information Above Grade Finished Area: 2222.0
  • General Property Information Below Grade Finished Area: 1100.0
  • General Property Information Carport YN: No
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Lot Size Square Feet2: 27442.8
  • General Property Information Lot Size Acres: 0.63
  • General Property Information:Living Area3: 3322.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: Block, Concrete, Crawl Space, Daylight, Exterior Entry, Finished, Heated, Interior Entry
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1100.0
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas Log: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Basement Finished: Yes
  • Basement:Block: Yes
  • Basement:Concrete: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.63
  • Construction Type: Brick, Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Carport, Driveway, Parking Pad
  • Parking Features:Driveway: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Parking Pad: Yes
  • Parking Features:Carport: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Electric
  • 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 - Jordan
  • Middle Or Junior School: Durham - Brogden

Lot Info

  • Zoning: R-10
  • Lot Dimensions: ~212' x 127'
  • Lot Size Sq Ft: 27442.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6648.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Forest View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2022
Closed on
Dec 8, 2022
Sold by
Marion Kyle M
Bought by
Fadem Kal and Cripps Stephanie
Seller's Agent
Kyle Marion
Kelly Right Real Estate of NC
Buyer's Agent
Brad Hellard
Fathom Realty NC, LLC
List Price
$629,000
Sold Price
$700,000
Premium/Discount to List
$71,000
11.29%
Views
3
Current Estimated Value
$886,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,620
Avg. Annual Appreciation
7.98%
Original Mortgage
$679,000
Outstanding Balance
$649,266
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$237,354

Purchase Details

Closed on
Sep 24, 2021
Sold by
Steel Charles L and George H Manasse Revocable Tru
Bought by
Marion Kyle M

Purchase Details

Closed on
Sep 22, 2014
Sold by
Manasse George and Manasse Mary S
Bought by
Manasse George H and George H Manasse Revocable Tru

Purchase Details

Closed on
Feb 1, 2006
Sold by
The Robert W Wheat & Johnnie S Wheat Rev and Wheat Robert W
Bought by
Manasse George and Manasse Mary S
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
Fadem Kal $700,000 None Listed On Document
Fadem Kal $700,000 None Listed On Document
Marion Kyle M $515,000 None Available
Manasse George H -- None Available
Manasse George $367,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fadem Kal $679,000
Closed Fadem Kal $679,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $700,000 -- --
12/15/2022 12/15/22 Sold $700,000 +11.3% $211 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $629,000 -- $189 / 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 $9,252 $933,280 $358,600 $574,680
2024 $7,762 $556,476 $122,250 $434,226
2023 $7,289 $556,776 $122,550 $434,226
2022 $6,648 $519,391 $122,550 $396,841
2021 $7,154 $561,546 $122,550 $438,996
2020 $6,985 $561,546 $122,550 $438,996
2019 $6,985 $561,546 $122,550 $438,996
2018 $6,273 $462,464 $73,530 $388,934
2017 $6,227 $462,464 $73,530 $388,934
2016 $6,017 $462,464 $73,530 $388,934
2015 $5,535 $399,859 $76,643 $323,216
2014 $5,535 $399,859 $76,643 $323,216
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kyle Marion

    Kelly Right Real Estate of NC

    (919) 819-3019

    1 in this area

    12 Total Sales

    Kyle Marion
    Section Image
  • Brad Hellard

    Buyer's Agent in 2022

    Brad Hellard

    Fathom Realty NC, LLC

    (919) 650-7563

    1 in this area

    19 Total Sales

    Brad Hellard
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2479369

Doorify MLS

APN: 104246

North Carolina Durham County Durham 27705 Duke Forest

2720 Montgomery St, Durham, NC

Not Listed for Sale

Detached

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