NOT LISTED FOR SALE

Estimated Value: $204,487 - $380,000

3 Beds
1 Bath
960 Sq Ft
$284/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $715,000 $745 Per Sq Ft

Current estimated payment $1,606/month

37 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Heating System Uses Natural Gas

About This Home

As of November 2021

Offering For Sale a single-owner package of 5 tenant occupied, professionally managed single family homes in E. Durham. PROPERTIES ARE NOT FOR INDIVIDUAL SALE. Properties include 307 and 407 Walton St, 18 Midgette Pl, 1151 Raynor St, and 1008 Benning St. Please contact broker to register on the property website for further details, including a financial summary. No property tours are being offered at this time. Please do not go onto any of the properties without granted permission.

Last Agent to Sell the Property

Johnny Wehmann

Real Estate Associates, Inc. License #243062 Listed on: 08/18/2021

Real Estate Associates, Inc.

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,121

Year Built

  • Built in 1971

Lot Details

  • 8,276

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Flooring

  • Wood
  • Carpet

Schools

  • Spring Valley Elementary School
  • Neal Middle School
  • Southern High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Birchwood Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,121

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Prop. Type: Residential Income
  • Subdivision Name: Birchwood
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Wood: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Please contact Johnny Wehmann (919) 259-3618 jwehmann@realestateassoc.com or www.realestateassoc.com for more information.
  • General Property Information Carport YN: No
  • Cooling Window Unit(s): Yes
  • General Property Information Number Of Units Total3: 5.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Wood

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Slab
  • Construction Materials:Brick: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0

Utilities

  • Heating: Natural Gas
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Ninth Grade High School: Durham - Southern
  • Middle Or Junior School: Durham - Neal

Lot Info

  • Zoning: Res

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 1121.0
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 5720.0

MLS Schools

  • Elementary School: Durham - Spring Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2023
Sold by
Tortuga I Llc
Bought by
Tortuga I Propco Llc
Current Estimated Value
$272,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,695,000
Outstanding Balance
$2,555,534
Interest Rate
7.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$2,282,662
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
Tortuga I Propco Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tortuga I Propco Llc $3,695,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $715,000 -- --
11/09/2021 11/09/21 Sold $715,000 -10.6% $745 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $800,000 0.0% $833 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $800,000 -- $833 / 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 $2,147 $216,574 $104,125 $112,449
2024 $1,257 $90,129 $20,755 $69,374
2023 $1,181 $90,129 $20,755 $69,374
2022 $1,154 $90,129 $20,755 $69,374
2021 $1,148 $90,129 $20,755 $69,374
2020 $1,121 $90,129 $20,755 $69,374
2019 $1,121 $90,129 $20,755 $69,374
2018 $918 $67,654 $14,825 $52,829
2017 $911 $67,654 $14,825 $52,829
2016 $880 $67,654 $14,825 $52,829
2015 $859 $62,062 $11,629 $50,433
2014 $859 $62,062 $11,629 $50,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2402456

Doorify MLS

APN: 131872