NOT LISTED FOR SALE

3221 Old Chapel Hill Rd Durham, NC 27707

South Square Neighborhood

Estimated Value: $350,000 - $466,735

4 Beds
3 Baths
2,024 Sq Ft
$196/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $376,000 $186 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,363/month

7 Days on Market

Highlights

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

About This Home

As of August 2022

Very conveniently located in Southwest Durham this property is a short drive or bus ride to Duke and Downtown Durham. The property has had some updates including major foundation repair and replacement windows. A great opportunity for an investor or a homeowner that wants to live in one side and make upgrades over time. 2 bedrooms and one bath on both sides. Full garage on both sides with laundry hookups in that area. Lots of space on the lower level.

Last Agent to Sell the Property

Bill Hutchings

Hutchings Realty LLC License #36444 Listed on: 07/28/2022

Last Buyer's Agent

Johnny May

Nest Realty of the Triangle License #333184

Nest Realty of the Triangle

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,024

Year Built

  • Built in 1936

Home Design

  • Brick Exterior Construction

Flooring

  • Wood
  • Tile

Parking

  • Garage
  • Off-Street Parking

Schools

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

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Natural Gas
  • Heating System Uses Oil

Additional Features

  • Basement

Community Details

  • 2 Units
  • Mossdale Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,024

Year Built

Built in 1936

Lot Details

0 Sq Ft Lot

Listing Details

  • Year Built: 1936
  • Prop. Type: Residential Income
  • Subdivision Name: Mossdale
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Contact Bill Hutchings with questions. billhutchings.realtor@gmail.com or 919-302-7167 Conveniently located in Southwest Durham this property is a short drive or bus ride to Duke and Downtown Durham. The property has had some updates including major foundation repair and replacement windows. A great opportunity for an investor or a homeowner that wants to live in one side and make upgrades over time. Full garage on both sides with laundry hookups in that area. Lots of space on the lower level
  • General Property Information Carport YN: No
  • Cooling Window Unit(s): Yes
  • General Property Information Number Of Units Total3: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Tile
  • Basement YN: Yes

Exterior Features

  • Construction Type: Brick
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Natural Gas, Oil
  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes
  • Heating:Oil: Yes

Schools

  • Ninth Grade High School: Durham - Jordan
  • Middle Or Junior School: Durham - Githens

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 2024.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Durham - Hope Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Aug 17, 2022
Sold by
Shepherd Nancy O
Bought by
Bradford Aminah Al-Atlas and Bradford Nathaniel Murry
Seller's Agent
Bill Hutchings
Hutchings Realty LLC
Buyer's Agent
Johnny May
Nest Realty of the Triangle
List Price
$350,000
Sold Price
$376,000
Premium/Discount to List
$26,000
7.43%
Current Estimated Value
$396,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,027
Avg. Annual Appreciation
1.57%
Original Mortgage
$170,000
Outstanding Balance
$162,254
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$235,180
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
Bradford Aminah Al-Atlas $376,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bradford Aminah Al-Atlas $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $376,000 -- --
08/18/2022 08/18/22 Sold $376,000 +7.4% $186 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $350,000 -- $173 / Sq Ft
Source: Doorify MLS

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 $3,891 $392,511 $187,000 $205,511
2024 $3,235 $231,929 $112,000 $119,929
2023 $3,038 $231,929 $112,000 $119,929
2022 $2,024 $158,118 $84,525 $73,593
2021 $2,014 $158,118 $84,525 $73,593
2020 $1,967 $158,118 $84,525 $73,593
2019 $2,272 $182,648 $84,525 $98,123
2018 $2,138 $157,637 $70,131 $87,506
2017 $2,155 $160,033 $72,527 $87,506
2016 $2,082 $160,033 $72,527 $87,506
2015 $1,811 $130,841 $72,527 $58,314
2014 $1,811 $130,841 $72,527 $58,314
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Bill Hutchings

    Hutchings Realty LLC

    Section Image

  • J

    Buyer's Agent in 2022

    Johnny May

    Nest Realty of the Triangle

    (818) 731-1930

    3 in this area

    91 Total Sales

    Johnny May
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2465213

Doorify MLS

APN: 123121

North Carolina Durham County Durham 27707 South Square

3221 Old Chapel Hill Rd, Durham, NC

Not Listed for Sale

MultiFamily

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