NOT LISTED FOR SALE

Estimated Value: $440,811

1.11 Acres
$397,127 Price per Acre
48,352 Sq Ft Lot

Last Sold March 06, 2024

Last sale price $450,000

Est. 2% decrease in value since last sale

Current estimated payment $2,521/month

2 Days on Market

About This Lot

As of March 2024

Large 1.107 acre parcel running the full left side of Murphy Street. City of Durham would love to see a medium to high density project built here.

Last Agent to Sell the Property

Charles Bulthuis

Reformation Asset Management License #277702 Listed on: 01/16/2024

Co-Listed By

Miguel Acosta

Reformation Asset Management License #309989

Last Buyer's Agent

Anna Jenkins

Pickett-Sprouse Commercial RE License #310910

Pickett-Sprouse Commercial RE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,127

Lot Details

  • 1.11 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,127

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Co List Office Mls Id: 75953
  • Co List Office Phone: 919-452-4833
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Square Feet2: 48351.6
  • General Property Information Lot Size Acres: 1.11
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.11

Lot Info

  • Lot Size Sq Ft: 48351.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1126.84
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Mar 1, 2024
Sold by
Gorfkle Kenneth M
Bought by
Opals Inc
Seller's Agent
Charles Bulthuis
Reformation Asset Management
Buyer's Agent
Anna Jenkins
Pickett-Sprouse Commercial RE
List Price
$450,000
Sold Price
$450,000
Views
8
Current Estimated Value
$440,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,189
Avg. Annual Appreciation
-1.42%
Original Mortgage
$400,000
Outstanding Balance
$394,492
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$46,319

Purchase Details

Closed on
Jan 10, 2018
Sold by
Ccenter Investment Corp
Bought by
Gorfkle Kenneth M

Purchase Details

Closed on
Jan 1, 2011
Sold by
D & W Investment Corporation
Bought by
Center Investment Corp
Source: Public Records

Range of Values:

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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
Opals Inc $450,000 None Listed On Document
Gorfkle Kenneth M $200,000 None Available
Center Investment Corp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorfkle Kenneth M $400,000
Previous Owner Gorfkle Kenneth M $300,000
Previous Owner Gorfkle Kenneth M $0
Previous Owner Eagle Village Community Development Corp $463,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2024 03/06/24 Sold $450,000 0.0% --
01/19/2024 01/19/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $450,000 -- --
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
2024 $1,300 $93,220 $93,220 $0
2023 $1,221 $93,220 $93,220 $0
2022 $1,193 $93,220 $93,220 $0
2021 $1,188 $93,220 $93,220 $0
2020 $1,160 $93,220 $93,220 $0
2019 $1,160 $93,220 $93,220 $0
2018 $1,698 $125,186 $125,186 $0
2017 $1,686 $125,186 $125,186 $0
2016 $1,629 $139,095 $139,095 $0
2015 $1,464 $105,742 $105,742 $0
2014 $1,464 $105,742 $105,742 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10006541

Doorify MLS

APN: 119093