NOT LISTED FOR SALE

3622 Colchester St Unit 18 Durham, NC 27707

Hope Valley Neighborhood

Estimated Value: $225,000 - $258,000

2 Beds
1.5 Baths
1,102 Sq Ft
$222/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $247,400 $225 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,583/month

5 Days on Market

Highlights

  • Deck
  • Granite Countertops
  • Central Air
  • Traditional Architecture
  • Storage
  • Combination Dining and Living Room

About This Home

As of July 2022

Whether you are looking for your next investment or a place to call home, don't miss this beautifully updated townhouse nestled in the trees of the Hope Valley North. The kitchen boasts new cabinets, granite counters, subway tile backsplash, and SS appliances. New flooring, fresh paint, and new fixtures too! Imagine relaxing on the covered deck with this lush green view! Separate laundry/storage area. It is ready for move-in! Multiple offers have been received. Offer deadline set for 5/24 at noon.

Last Agent to Sell the Property

Blair Nell

Boro Realty License #280585 Listed on: 05/20/2022

Co-Listed By

Caren Parker

Waters Real Estate Brokerage License #303073

Last Buyer's Agent

Jessica Vines

Navigate Realty License #300675

Navigate Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $937

Year Built

  • Built in 1984

Lot Details

  • 1,307

HOA Fees

  • $176 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Traditional Architecture
  • Masonite

Interior Spaces

  • 1,102 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Deck
  • 1,307 Sq Ft Lot

Community Details

  • Association fees include maintenance structure, trash
  • Cedarwood Villas HOA
  • Cedarwood Villas Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$937

Year Built

Built in 1984

Lot Details

0

HOA Fees

$176 per month

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Structure, Trash
  • Co List Office Mls Id: 81013
  • Co List Office Phone: 919-360-8727
  • Subdivision Name: Cedarwood Villas
  • Above Grade Finished Sq Ft: 1102.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Above Grade Unfinished Area: 146.0
  • General Property Information Total Unfinished Area2: 146.0
  • General Property Information Lot Size Dimensions: new survey needed
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Interior Features LivingDining Room Combination: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Laminate: Yes
  • General Property Information Above Grade Finished Area: 1102.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1306.8
  • General Property Information Lot Size Acres: 0.03
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Laminate
  • Interior Amenities: Granite Counters, Living/Dining Room Combination, Storage
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Gas Water Heater, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Appliances Dishwasher: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Acres: 0.03
  • Construction Type: Masonite
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Parking Features:Assigned: Yes

Utilities

  • Heating: Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 176.0
  • Association Fee Frequency: Monthly
  • Association Name: Cedarwood Villas HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Cedarwood Villas HOA
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 176.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: new survey needed
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 937.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Durham - Hope Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 7, 2022
Sold by
Yu John X and Yu Katerina
Bought by
Rivers Mara and Rivers Akeem
Seller's Agent
Blair Nell
Boro Realty
Buyer's Agent
Jessica Vines
Navigate Realty
List Price
$224,900
Sold Price
$247,400
Premium/Discount to List
$22,500
10%
Current Estimated Value
$245,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,236
Avg. Annual Appreciation
-0.28%
Original Mortgage
$247,400
Outstanding Balance
$229,146
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$16,018

Purchase Details

Closed on
Feb 27, 2014
Sold by
Cools Joseph M and Cools Jan N N
Bought by
Yu John X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,021
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Rivers Mara $247,500 Mccall Law Firm Pc
Yu John X $54,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivers Mara $247,400
Previous Owner Yu John X $53,021
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $247,400 -- --
07/08/2022 07/08/22 Sold $247,400 +10.0% $225 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $224,900 -- $204 / 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 $1,223 $274,602 $80,000 $194,602
2024 $1,223 $87,665 $12,000 $75,665
2023 $1,148 $87,665 $12,000 $75,665
2022 $941 $73,505 $12,000 $61,505
2021 $936 $73,505 $12,000 $61,505
2020 $914 $73,505 $12,000 $61,505
2019 $914 $73,505 $12,000 $61,505
2018 $832 $61,316 $10,000 $51,316
2017 $826 $61,316 $10,000 $51,316
2016 $798 $61,316 $10,000 $51,316
2015 $1,064 $76,837 $14,200 $62,637
2014 $1,064 $76,837 $14,200 $62,637
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2450195

Doorify MLS

APN: 122935