NOT LISTED FOR SALE
8 Beds
-- Bath
2,892 Sq Ft
0.31 Acre Lot

Sale Details

Date Sold: November 12, 2021

Last sale price $566,000 $196 Per Sq Ft

2 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Heat Pump System
  • George Watts Elementary Rated A-

About This Home

As of November 2021

Quad located in Old North Durham neighborhood east of Downtown. This area is seeing rapid growth. New, single-family construction across the street is selling for over $700K. Current owners replaced the siding, windows, and roof in 2020. Units are identical 2 BD/1 BA floorplans. Many units have long-term tenants. Great opportunity to add value with interior renovation plan and pushing rents. Owners also selling adjacent quad at 1709 Rosetta. SEE AGENT REMARKS

Last Agent to Sell the Property

Thomas Furlow

Deaton Investment Real Estate License #222598 Listed on: 09/20/2021

Last Buyer's Agent

Carolyn Graven

Keller Williams Elite Realty License #319609

Keller Williams Elite Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,589

Year Built

  • Built in 1984

Lot Details

  • 0.31

Parking

  • Off-Street Parking

Flooring

  • Wood
  • Carpet
  • Vinyl

Basement

  • Crawl Space

Schools

  • Eastway Elementary School
  • Lucas Middle School
  • Northern High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • 4 Units
  • Gross Income $2,925

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,589

Year Built

Built in 1984

Lot Details

0.31 Acres

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Flooring Vinyl: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Quad located in Old North Durham neighborhood east of Downtown. This area is seeing rapid growth. New, single-family construction across the street is selling for over $700K. Current owners replaced the siding, windows, and roof in 2020. Units are identical 2 BD/1 BA floorplans. Many units have long-term tenants. Great opportunity to add value with interior renovation plan and pushing rents. Owners also selling adjacent quad at 1709 Rosetta.
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 4.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Fiber Cement
  • Construction Materials:Fiber Cement: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Schools

  • Ninth Grade High School: Durham - Northern
  • Middle Or Junior School: Durham - Lucas

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 2589.0
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 2925.0

MLS Schools

  • Elementary School: Durham - Eastway

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2023
Sold by
Bought by

Purchase Details

Listed on
Sep 20, 2021
Closed on
Nov 2, 2021
Sold by
Bought by
Seller's Agent
Thomas Furlow
Deaton Investment Real Estate
Buyer's Agent
Carolyn Graven
Keller Williams Elite Realty
List Price
$550,000
Sold Price
$566,000
Premium/Discount to List
$16,000
2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,500
Interest Rate
0.0301%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,810
Interest Rate
0.037%
Mortgage Type
Credit Line Revolving
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$566,000 None Available
$685,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $424,500
Previous Owner $179,810
Previous Owner $341,460
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $566,000 -- --
11/12/2021 11/12/21 Sold $566,000 +2.9% $196 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $550,000 -- $190 / Sq Ft
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,894 $392,774 $140,000 $252,774
2024 $2,835 $203,252 $30,000 $173,252
2023 $2,662 $203,252 $30,000 $173,252
2022 $2,601 $203,252 $30,000 $173,252
2021 $2,589 $203,252 $30,000 $173,252
2020 $2,528 $203,252 $30,000 $173,252
2019 $2,528 $203,252 $30,000 $173,252
2018 $2,385 $175,848 $32,000 $143,848
2017 $2,368 $175,848 $32,000 $143,848
2016 $2,288 $175,848 $32,000 $143,848
2015 $2,259 $163,151 $17,163 $145,988
2014 $2,259 $163,151 $17,163 $145,988
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2408820

Doorify MLS
Your Personal Tour Guide

Ask me questions while you tour the home.