NOT LISTED FOR SALE

3417 W Cornwallis Rd Durham, NC 27705

West Durham Neighborhood

Estimated Value: $5,622,654

47.03 Acres
$119,555 Price per Acre
2,048,627 Sq Ft Lot

Last Sold September 09, 2019

Last sale price $3,800,000

Est. 48% increase in value since last sale

Current estimated payment $29,417/month

3 Days on Market

About This Lot

As of September 2019

Tranquil beauty & location, location, location. Over 65 acres in Durham County, NC, this premier property features some of the highest points in Durham &offers panoramic sky views incl. Duke Chapel. Cascading fields, open pastures, woods, wildlife, & an acre pond. 2 miles from Duke University; five miles from downtown Durham; 6 miles from Chapel Hill; 19 miles from RDU. Several older barns & buildings. Gorgeous homesite(s). Perfect for a horse property, executive Residential development, or investment.

Last Agent to Sell the Property

Ken Walker

Re/MaxDiamond Realty License #227812 Listed on: 09/02/2019

Re/MaxDiamond Realty

Last Buyer's Agent

Laci Warren

Re/MaxDiamond Realty License #258488

Re/MaxDiamond Realty

Property Details

Property Type

  • Land

Lot Details

  • 47.03 Acre Lot
  • Zoning described as Rural

Listing and Financial Details

  • Assessor Parcel Number 0801-02-58-9013

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 47.03
  • Directions: 15/501 to Hwy 751 North, to Left on Erwin Road, Property will be to the North of Erwin Roadand West of Cornwallis, see photo attachment
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement YN: No

Utilities

  • Utilities: Electricity Available

Lot Info

  • Lot Size Sq Ft: 2048670.0
  • Parcel #: 0801-02-58-9013
  • Zoning Description: Rural

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2019
Closed on
Aug 8, 2019
Sold by
Blalock Michael H and Blalock Sandra K
Bought by
Blalock Florence N
Seller's Agent
Ken Walker
Re/MaxDiamond Realty
Buyer's Agent
Laci Warren
Re/MaxDiamond Realty
List Price
$4,100,000
Sold Price
$3,800,000
Premium/Discount to List
-$300,000
-7.32%
Current Estimated Value
$5,622,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,822,654
Avg. Annual Appreciation
6.39%
Source: Public Records
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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
Blalock Florence N -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2019 09/09/19 Sold $3,800,000 -7.3% --
09/05/2019 09/05/19 Pending -- -- --
09/02/2019 09/02/19 For Sale $4,100,000 -- --
Source: Alamance Multiple Listing Service

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 $186 $1,858,082 $1,850,761 $7,321
2024 $495 $1,426,600 $1,420,344 $6,256
2023 $495 $1,426,600 $1,420,344 $6,256
2022 $423 $28,892 $22,636 $6,256
2021 $231 $28,892 $22,636 $6,256
2020 $228 $29,050 $22,794 $6,256
2019 $229 $29,050 $22,794 $6,256
2018 $196 $22,680 $21,077 $1,603
2017 $194 $22,680 $21,077 $1,603
2016 $188 $22,680 $21,077 $1,603
2015 $157 $17,556 $17,556 $0
2014 -- $17,556 $17,556 $0
Source: Public Records

Agents Affiliated with this Home

  • Ken Walker

    Seller's Agent in 2019

    Ken Walker

    RE/MAX

    (919) 304-9381

    196 Total Sales

    Ken Walker
    Section Image
  • Laci Warren

    Buyer's Agent in 2019

    Laci Warren

    RE/MAX

    (336) 263-7203

    165 Total Sales

    Laci Warren
    Section Image
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Map

Source: Alamance Multiple Listing Service

MLS Number: 105361

APN: 137666

North Carolina Durham County Durham 27705 West Durham

3417 W Cornwallis Rd, Durham, NC

Not Listed for Sale

Lots

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