NOT LISTED FOR SALE

3121 Cornwall Rd Durham, NC 27707

Hope Valley Neighborhood

Estimated Value: $2,453,470 - $2,753,000

4 Beds
4.5 Baths
4,567 Sq Ft
$574/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $2,555,000 $559 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $15,838/month

Highlights

  • Transitional Architecture
  • Main Floor Primary Bedroom
  • No HOA
  • Wood Flooring
  • 2 Fireplaces
  • Breakfast Room

About This Home

As of October 2023

FOR COMP PURPOSES ONLY.

Last Agent to Sell the Property

Peggy Harris

Nest Realty of the Triangle License #272271 Listed on: 10/05/2023

Nest Realty of the Triangle

Last Buyer's Agent

Joan Mueller

Nest Realty of the Triangle License #289694

Nest Realty of the Triangle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,407

Year Built

  • Built in 1984

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 100x200x100x200

Parking

  • 2 Car Attached Garage

Home Design

  • Transitional Architecture
  • Brick Veneer
  • Stucco

Interior Spaces

  • 4,567 Sq Ft Home
  • 1.5-Story Property
  • 2 Fireplaces
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Utility Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Patio
  • Porch

Schools

  • Hope Valley Elementary School
  • Githens Middle School
  • Jordan High School

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,407

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 4567.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 100x200x100x200
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bedroom 4 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Levels One and One Half: Yes
  • General Property Information Above Grade Finished Area: 4567.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 20037.6
  • General Property Information Lot Size Acres: 0.46
  • General Property Information:Living Area3: 4567.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Entrance Foyer
  • Appliances: Gas Water Heater, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 2
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Acres: 0.46
  • Construction Type: Brick Veneer, Stucco
  • Patio And Porch Features: Patio, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Natural Gas
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: 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 - Githens

Lot Info

  • Lot Dimensions: 100x200x100x200
  • Lot Size Sq Ft: 20037.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12407.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Durham - Hope Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Sep 21, 2023
Sold by
Hv 3121 Llc
Bought by
Frazer William A and Frazer Jennifer W
Seller's Agent
Peggy Harris
Nest Realty of the Triangle
Buyer's Agent
Joan Mueller
Nest Realty of the Triangle
List Price
$2,500,000
Sold Price
$2,555,000
Premium/Discount to List
$55,000
2.2%
Current Estimated Value
$2,620,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,118
Avg. Annual Appreciation
1.13%
Original Mortgage
$1,960,000
Outstanding Balance
$1,912,588
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$707,530

Purchase Details

Closed on
Dec 17, 2020
Sold by
Littlewood George F and Littlewood Page J
Bought by
Hv 3121 Llc

Purchase Details

Closed on
Oct 10, 2013
Sold by
Gilliss Thomas P and Gilliss Catherine L
Bought by
Littlewood George F and Littlewood Page J

Purchase Details

Closed on
Jun 23, 2005
Sold by
Howell David Scott
Bought by
Gilliss Thomas P and Gilliss Catherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 25, 2003
Sold by
Wilson Gary S and Wilson Lois M
Bought by
Howell David Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage
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
Frazer William A $2,555,000 Investors Title
Hv 3121 Llc $1,795,000 None Available
Littlewood George F $695,000 None Available
Gilliss Thomas P $750,000 --
Howell David Scott $699,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frazer William A $1,960,000
Previous Owner Gilliss Thomas P $600,000
Previous Owner Howell David Scott $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2023 10/05/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $2,500,000 -2.2% $547 / Sq Ft
10/03/2023 10/03/23 Sold $2,555,000 -- $559 / 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 $25,321 $2,554,329 $511,000 $2,043,329
2024 $14,318 $1,026,422 $182,375 $844,047
2023 $13,445 $1,026,422 $182,375 $844,047
2022 $13,137 $1,026,422 $182,375 $844,047
2021 $13,076 $920,201 $182,375 $737,826
2020 $11,446 $920,201 $182,375 $737,826
2019 $11,446 $920,201 $182,375 $737,826
2018 $11,951 $881,025 $182,375 $698,650
2017 $11,917 $885,020 $182,375 $702,645
2016 $11,515 $885,020 $182,375 $702,645
2015 $9,799 $707,898 $102,078 $605,820
2014 $9,799 $707,898 $102,078 $605,820
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Peggy Harris

    Nest Realty of the Triangle

    (919) 740-3072

    32 in this area

    86 Total Sales

    Peggy Harris
    Section Image
  • Joan Mueller

    Buyer's Agent in 2023

    Joan Mueller

    Nest Realty of the Triangle

    (973) 865-1826

    9 in this area

    91 Total Sales

    Joan Mueller
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2535792

Doorify MLS

APN: 124314

North Carolina Durham County Durham 27707 Hope Valley

3121 Cornwall Rd, Durham, NC

Not Listed for Sale

Detached

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