313 Cherry Grove St Durham, NC 27703
East Durham Neighborhood
3
Beds
1
Bath
1,188
Sq Ft
6,665
Sq Ft Lot
Highlights
- Ranch Style House
- No HOA
- Cooling Available
- Corner Lot
- Porch
- Living Room
About This Home
As of May 2024This home is located in the heart of sought after redevelopment area in Central Durham. Right across from Holt Career and Resource Center, and a soccer field associated with the center. HOME IS BEING SOLD IN CURRENT AS IS WHERE IS CONDITION. SELLER WILL MAKE NO REPAIRS. Property is zone RU-5(2), duplex are allowed.
Last Agent to Sell the Property
Frank Ward, REALTORS License #189670 Listed on: 07/08/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,032
Year Built
- Built in 1925
Lot Details
- 6,665 Sq Ft Lot
- Lot Dimensions are 58x113x61x109
- Corner Lot
- Property is zoned RU-5(2)
Home Design
- Ranch Style House
- Vinyl Siding
Interior Spaces
- 1,188 Sq Ft Home
- Living Room
- Dining Room
- Crawl Space
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- Private Driveway
- Unpaved Parking
Outdoor Features
- Porch
Schools
- Spring Valley Elementary School
- Neal Middle School
- Southern High School
Utilities
- Cooling Available
- Heating System Uses Gas
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Association fees include unknown
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
$285,000
Interest Rate
6.62%
Mortgage Type
Construction
Estimated Equity
$9,779
Purchase Details
Listed on
Mar 14, 2024
Closed on
May 3, 2024
Sold by
Patel Rushabh
Bought by
Gibaldi Sophia and Faren Alex
Seller's Agent
Emily DeVita
Redfin Corporation
Buyer's Agent
Alex Faren
Keller Williams Elite Realty
List Price
$333,000
Sold Price
$265,000
Premium/Discount to List
-$68,000
-20.42%
Views
122
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%
Original Mortgage
$257,050
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 8, 2021
Closed on
Aug 31, 2021
Sold by
Jhj Family Limited Partnership
Bought by
Patel Rushabh
Seller's Agent
BJ Karkouki
Frank Ward, REALTORS
Buyer's Agent
Noah Chase
Coldwell Banker HPW
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.72%
Original Mortgage
$128,000
Interest Rate
2.1%
Mortgage Type
New Conventional
Similar Homes in Durham, NC
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $265,000 | None Listed On Document | |
| Warranty Deed | $160,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $285,000 | Construction | |
| Closed | $285,000 | Construction | |
| Previous Owner | $257,050 | New Conventional | |
| Previous Owner | $128,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2024 05/06/24 | Sold | $265,000 | -20.4% | $205 / Sq Ft |
| 04/03/2024 04/03/24 | Pending | -- | -- | -- |
| 03/14/2024 03/14/24 | For Sale | $333,000 | +108.1% | $258 / Sq Ft |
| 09/01/2021 09/01/21 | Sold | $160,000 | -8.6% | $135 / Sq Ft |
| 07/23/2021 07/23/21 | Pending | -- | -- | -- |
| 07/07/2021 07/07/21 | For Sale | $175,000 | -- | $147 / Sq Ft |
Source: Doorify MLS
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 |
|---|---|---|---|---|
| 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
Agents Affiliated with this Home
-
E
Seller's Agent in 2024
Emily DeVita
Redfin Corporation
-
A
Buyer's Agent in 2024
Alex Faren
Keller Williams Elite Realty
-
BJ Karkouki
Seller's Agent in 2021
BJ Karkouki
Frank Ward, REALTORS
(919) 210-1422
8 in this area
25 Total Sales
-
Noah Chase
Buyer's Agent in 2021
Noah Chase
Coldwell Banker HPW
(919) 283-8581
1 in this area
53 Total Sales
Map
Source: Doorify MLS
MLS Number: 2394748
APN: 112642
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