NOT LISTED FOR SALE

305 Cherry Grove St Durham, NC 27703

East Durham Neighborhood

Estimated Value: $399,000 - $582,000

3 Beds
2.5 Baths
1,904 Sq Ft
$279/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $599,411 $315 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,282/month

78 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • No HOA
  • Transitional Architecture
  • Granite Countertops
  • Covered patio or porch

About This Home

As of June 2022

Incredible opportunity to renovate this classic bungalow in Old East Durham! Vintage features include original mantels, wood floors, and 2-over-2 windows. Large fenced yard with storage shed. Driveway. Major floor system repairs needed. See docs for engineer's letter and survey. Professionally measured. Listing agent is partial owner. No assignable offers please.

Last Agent to Sell the Property

April Stephens

eXp Realty, LLC - C License #249919 Listed on: 01/07/2022

eXp Realty, LLC - C

Last Buyer's Agent

Octavius Smiley-Humphries

Flex Realty License #301158

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,075

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,886 Sq Ft Lot
  • Landscaped

Parking

  • Private Driveway

Home Design

  • Transitional Architecture
  • Masonite

Interior Spaces

  • 1,904 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • <<tubWithShowerToken>>
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Covered patio or porch

Schools

  • Y E Smith Elementary School
  • Neal Middle School
  • Southern High School

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Built by M2K Home Solutions LLC
  • The Driver Lands Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,075

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Builder Name: M2K Home Solutions LLC
  • Year Built: 2022
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: The Driver Lands
  • Above Grade Finished Sq Ft: 1904.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Plat
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2022-04-01
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • General Property Information Above Grade Finished Area: 1904.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 8886.24
  • General Property Information Lot Size Acres: 0.204
  • General Property Information Builder Name: M2K Home Solutions LLC
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, Kitchen/Dining Room Combination, Pantry, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Range, Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.2
  • Construction Type: Masonite
  • Patio And Porch Features: Covered, Porch
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: 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 - Southern
  • Middle Or Junior School: Durham - Neal

Lot Info

  • Lot Dimensions: See Plat
  • Lot Size Sq Ft: 8886.24
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Durham - Y E Smith

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Jun 16, 2022
Sold by
M2k Home Solutions Llc
Bought by
Bell John Joseph and Bell Samantha
Seller's Agent
April Stephens
eXp Realty, LLC - C
Buyer's Agent
Octavius Smiley-Humphries
Flex Realty
List Price
$525,000
Sold Price
$599,411
Premium/Discount to List
$74,411
14.17%
Current Estimated Value
$531,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,250
Avg. Annual Appreciation
-3.86%
Original Mortgage
$436,500
Outstanding Balance
$418,252
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$112,909

Purchase Details

Listed on
May 25, 2021
Closed on
Jun 10, 2021
Sold by
Trova Llc
Bought by
M2k Home Solutions Llc
Seller's Agent
Victoria Broccolo
Coldwell Banker HPW
Buyer's Agent
April Stephens
eXp Realty, LLC - C
List Price
$135,000
Sold Price
$156,000
Premium/Discount to List
$21,000
15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
274.23%

Purchase Details

Closed on
Jan 29, 2021
Sold by
Affitto Llc
Bought by
Trova Llc

Purchase Details

Closed on
Feb 28, 2017
Sold by
Branton Fred A
Bought by
Affitto Llc
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
Bell John Joseph $599,500 Gwynn Edwards & Getter Pa
M2k Home Solutions Llc $156,000 None Available
Trova Llc -- None Available
Affitto Llc $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell John Joseph $436,500
Previous Owner Affito Llc $44,748
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Off Market $156,000 -- --
12/14/2023 12/14/23 Off Market $599,411 -- --
06/16/2022 06/16/22 Sold $599,411 0.0% $315 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/18/2022 03/18/22 Off Market $599,411 -- --
01/06/2022 01/06/22 For Sale $525,000 +236.5% $276 / Sq Ft
06/10/2021 06/10/21 Sold $156,000 +15.6% $128 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $135,000 -- $111 / 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
2024 $4,075 $292,144 $27,000 $265,144
2023 $3,827 $292,234 $27,090 $265,144
2022 $347 $27,090 $27,090 $0
2021 $1,086 $85,251 $27,090 $58,161
2020 $1,060 $85,251 $27,090 $58,161
2019 $1,060 $85,251 $27,090 $58,161
2018 $704 $51,897 $15,075 $36,822
2017 $699 $51,897 $15,075 $36,822
2016 $675 $51,897 $15,075 $36,822
2015 $638 $46,060 $13,349 $32,711
2014 $638 $46,060 $13,349 $32,711
Source: Public Records

Agents Affiliated with this Home

  • April Stephens

    Seller's Agent in 2022

    April Stephens

    eXp Realty, LLC - C

    (919) 625-0211

    2 in this area

    1,610 Total Sales

    April Stephens
    Section Image

  • O

    Buyer's Agent in 2022

    Octavius Smiley-Humphries

    Flex Realty

    Section Image
  • John Tassa

    Buyer Co-Listing Agent in 2022

    John Tassa

    Flex Realty

    (720) 427-7163

    3 in this area

    55 Total Sales

    John Tassa
    Section Image

  • V

    Seller's Agent in 2021

    Victoria Broccolo

    Coldwell Banker HPW

See All Agents

Map

Source: Doorify MLS

MLS Number: 2425703

Doorify MLS

APN: 112638

North Carolina Durham County Durham 27703 East Durham

305 Cherry Grove St, Durham, NC

This home is located at 305 Cherry Grove St, Durham, NC 27703 since 07 January 2022 and is currently estimated at $531,161, approximately $278 per square foot. This property was built in 2022. 305 Cherry Grove St is a home located in Durham County with nearby schools including Y E Smith Elementary, W.G. Pearson Elementary School, and Brogden Middle.

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