3622 Colchester St Unit 7 Durham, NC 27707
Hope Valley NeighborhoodEstimated payment $1,574/month
Highlights
- Open Floorplan
- Bamboo Flooring
- Front Porch
- Transitional Architecture
- Stainless Steel Appliances
- Dual Closets
About This Home
Turn-key Opportunity - AirBnB or First Home! Nestled in Durham's storied Hope Valley, this fully furnished 2-bedroom, 1.5-bath townhome is ready from day one, whether you're seeking a seamless short-term rental or your own stylish retreat. Updates include wide-plank LVP floors, fresh paint, lighting, fans, and blinds. The kitchen features quartz countertops, refreshed cabinets, backsplash, refrigerator, and more while the upstairs bath boasts new lighting, fixtures, shower head, and glass doors. Exterior landscaping front and back completes the refresh. All furniture and furnishings convey, making it an effortless rental launch or easy move-in. Located just minutes from Duke University, RTP, Southpoint, and downtown Durham. Enjoy a lifestyle of convenience with quick and easy access to the American Tobacco Trail, Piney Wood Dog Park, and family-friendly schools. With close proximity to top job hubs, this location offers both a savvy investment opportunity and commuter convenience.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,212
Year Built
- Built in 1983
Lot Details
- 1,742 Sq Ft Lot
- Two or More Common Walls
- West Facing Home
- Back and Front Yard
HOA Fees
- $204 Monthly HOA Fees
Home Design
- Transitional Architecture
- Traditional Architecture
- Slab Foundation
- Shingle Roof
- Stone Veneer
- Masonite
Interior Spaces
- 1,006 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Crown Molding
- Smooth Ceilings
- Ceiling Fan
- Family Room
- Dining Room
Kitchen
- Electric Oven
- Electric Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Flooring
- Bamboo
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
- Dual Closets
- Bathtub with Shower
Laundry
- Laundry on main level
- Laundry in Bathroom
- Washer and Electric Dryer Hookup
Attic
- Scuttle Attic Hole
- Unfinished Attic
Parking
- 2 Parking Spaces
- 2 Open Parking Spaces
- Parking Lot
Outdoor Features
- Patio
- Rain Gutters
- Front Porch
Schools
- Murray Massenburg Elementary School
- Githens Middle School
- Jordan High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- Association fees include ground maintenance
- Cedar Management Association, Phone Number (919) 847-3003
- Cedarwood Villas Subdivision
Listing and Financial Details
- Property held in a trust
- Assessor Parcel Number 0810-62-8486
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,212 | $223,149 | $80,000 | $143,149 |
| 2024 | $935 | $67,024 | $12,000 | $55,024 |
| 2023 | $878 | $67,024 | $12,000 | $55,024 |
| 2022 | $858 | $67,024 | $12,000 | $55,024 |
| 2021 | $854 | $67,024 | $12,000 | $55,024 |
| 2020 | $834 | $67,024 | $12,000 | $55,024 |
| 2019 | $834 | $67,024 | $12,000 | $55,024 |
| 2018 | $841 | $61,970 | $10,000 | $51,970 |
| 2017 | $834 | $61,970 | $10,000 | $51,970 |
| 2016 | $806 | $61,970 | $10,000 | $51,970 |
| 2015 | $1,013 | $73,160 | $14,200 | $58,960 |
| 2014 | $1,013 | $73,160 | $14,200 | $58,960 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/02/2025 10/02/25 | Price Changed | $224,999 | -1.7% | $224 / Sq Ft |
| 09/04/2025 09/04/25 | For Sale | $229,000 | -- | $228 / Sq Ft |
Source: Doorify MLS
MLS Number: 10119889
APN: 122923
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