NOT LISTED FOR SALE

3524 Dearborn Dr Durham, NC 27704

Northeast Durham Neighborhood

Estimated Value: $182,000 - $327,000

3 Beds
2 Baths
1,120 Sq Ft
$213/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $170,000 $152 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,415/month

42 Days on Market

Highlights

  • Window Unit Cooling System
  • Accessible Washer and Dryer
  • Baseboard Heating
  • Landscaped with Trees
  • Tile Flooring
  • 2-minute walk to Lakeview Park

About This Home

As of December 2021

Great investment property! This is a great income producing property. The duplex was renovated 3 years ago, with new roof, windows, exterior stucco, flooring, electrical and plumbing. The home is priced for a quick sale and is being sold as is.

Last Agent to Sell the Property

Gabriel Liberty

The Virtual Realty Group INC License #279952 Listed on: 09/10/2021

The Virtual Realty Group INC

Last Buyer's Agent

Stacey Poston

Seagroves Realty License #302084

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,468

Year Built

  • Built in 1962

Lot Details

  • 8,276

Parking

  • Off-Street Parking

Home Design

  • Stucco

Flooring

  • Carpet
  • Laminate
  • Tile

Schools

  • Eno Valley Elementary School
  • Carrington Middle School
  • Northern High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Additional Features

  • Accessible Washer and Dryer
  • Landscaped with Trees
  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,468

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Year Built: 1962
  • Prop. Type: Residential Income
  • Road Frontage Type: Other
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Lot Features Hardwood Trees: Yes
  • Flooring Laminate: Yes
  • General Property Information Carport YN: No
  • Cooling Window Unit(s): Yes
  • General Property Information Number Of Units Total3: 2.0
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Basement YN: Yes

Exterior Features

  • Construction Type: Stucco
  • Accessibility Features:Accessible WasherDryer: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

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

Utilities

  • Heating: Baseboard, Electric
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Baseboard: Yes

Schools

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

Rental Info

  • Owner Pays: Sewer, Water

Tax Info

  • Tax Annual Amount: 1468.0
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Durham - Eno Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Nov 29, 2021
Sold by
Liberty Perri and Liberty Gabriel
Bought by
Pascual Justin
Seller's Agent
Gabriel Liberty
The Virtual Realty Group INC
Buyer's Agent
Stacey Poston
Seagroves Realty
List Price
$180,000
Sold Price
$170,000
Premium/Discount to List
-$10,000
-5.56%
Current Estimated Value
$238,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,743
Avg. Annual Appreciation
8.69%
Original Mortgage
$124,500
Outstanding Balance
$114,477
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$123,737

Purchase Details

Closed on
Mar 11, 2014
Sold by
Harvin Harry and County Of Durham
Bought by
Liberty Perri
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
Pascual Justin $170,000 None Available
Liberty Perri $11,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pascual Justin $124,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $170,000 -- --
12/01/2021 12/01/21 Sold $170,000 -5.6% $152 / Sq Ft
10/22/2021 10/22/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $180,000 -- $161 / Sq Ft
Source: Doorify MLS

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 $1,968 $198,500 $74,375 $124,125
2024 $1,646 $118,024 $17,790 $100,234
2023 $1,546 $118,024 $17,790 $100,234
2022 $1,511 $118,024 $17,790 $100,234
2021 $1,504 $118,024 $17,790 $100,234
2020 $1,468 $118,024 $17,790 $100,234
2019 $1,468 $118,024 $17,790 $100,234
2018 $1,008 $74,277 $17,790 $56,487
2017 $1,000 $74,277 $17,790 $56,487
2016 $966 $74,277 $17,790 $56,487
2015 $894 $64,564 $17,488 $47,076
2014 -- $64,564 $17,488 $47,076
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gabriel Liberty

    The Virtual Realty Group INC

    Section Image

  • S

    Buyer's Agent in 2021

    Stacey Poston

    Seagroves Realty

    (919) 452-1125

    1 in this area

    4 Total Sales

    Stacey Poston
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2407057

Doorify MLS

APN: 129840

North Carolina Durham County Durham 27704 Northeast Durham

3524 Dearborn Dr, Durham, NC

Not Listed for Sale

MultiFamily

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