313 Cherry Grove Durham, NC 27703
East Durham NeighborhoodEstimated Value: $245,000 - $346,000
3
Beds
1
Bath
1,300
Sq Ft
$231/Sq Ft
Est. Value
About This Home
This home is located at 313 Cherry Grove, Durham, NC 27703 and is currently estimated at $300,666, approximately $231 per square foot. 313 Cherry Grove is a home located in Durham County with nearby schools including Y E Smith Elementary, W.G. Pearson Elementary School, and Hillcrest Colony Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 23, 2025
Sold by
Gibaldi Sophia
Bought by
Faren Alex
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$168,532
Interest Rate
6.62%
Mortgage Type
Construction
Estimated Equity
$132,134
Purchase Details
Closed on
May 3, 2024
Sold by
Patel Rushabh
Bought by
Gibaldi Sophia and Faren Alex
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,050
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 31, 2021
Sold by
Jhj Family Limited Partnership
Bought by
Patel Rushabh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
2.1%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Faren Alex | -- | None Listed On Document | |
| Faren Alex | -- | None Listed On Document | |
| Gibaldi Sophia | $265,000 | None Listed On Document | |
| Patel Rushabh | $160,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Faren Alex | $285,000 | |
| Closed | Faren Alex | $285,000 | |
| Previous Owner | Gibaldi Sophia | $257,050 | |
| Previous Owner | Patel Rushabh | $128,000 |
Source: Public Records
Tax History Compared to Growth
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 | $2,602 | $262,463 | $103,500 | $158,963 |
| 2024 | $2,360 | $169,197 | $25,875 | $143,322 |
| 2023 | $2,216 | $169,264 | $25,942 | $143,322 |
| 2022 | $1,063 | $83,042 | $25,942 | $57,100 |
| 2021 | $1,058 | $83,042 | $25,942 | $57,100 |
| 2020 | $1,033 | $83,042 | $25,942 | $57,100 |
| 2019 | $1,033 | $83,042 | $25,942 | $57,100 |
| 2018 | $878 | $64,693 | $14,437 | $50,256 |
| 2017 | $871 | $64,693 | $14,437 | $50,256 |
| 2016 | $842 | $66,374 | $14,437 | $51,937 |
| 2015 | -- | $42,930 | $10,038 | $32,892 |
| 2014 | -- | $42,930 | $10,038 | $32,892 |
Source: Public Records
Map
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