NOT LISTED FOR SALE

3724 Old Chapel Hill Rd Durham, NC 27707

South Square Neighborhood

Estimated Value: $331,000

1.23 Acres
$269,106 Price per Acre
53,579 Sq Ft Lot

Last Sold July 25, 2022

Last sale price $185,000 $125 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,869/month

59 Days on Market

Highlights

  • 1.23 Acre Lot
  • Brush Vegetation
  • Level Lot

About This Lot

As of July 2022

Hope Valley Modernist. Double building lot is located steps from dining at Shannon Plaza. Cross the street and stroll in the Hope Valley. Convenient to shopping and amenities~ movie theatres, doctors, entertainment and movies. Spacious level 1.228 acre~ pretty uncommon for in-town. Covenants restrict home design and home size. Neighborhood consists of 3 lots. Owners envision a modernist enclave of similar homes. Come build your dream. Water/Sewer-NEAR. Only one home can be built at present on the two lots

Last Agent to Sell the Property

Michael Sullivan

Real Estate By Design License #199065 Listed on: 04/07/2022

Last Buyer's Agent

Holly Hayes

Nest Realty of the Triangle License #239750

Nest Realty of the Triangle

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $685

Lot Details

  • 1.23 Acre Lot
  • Lot Dimensions are 98x484
  • Brush Vegetation
  • Level Lot

Schools

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

Utilities

  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$685

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 98x484
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Vegetation Brush: Yes
  • General Property Information Lot Size Square Feet2: 53531.0
  • General Property Information Lot Size Acres: 1.2289
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.23
  • Lot Features:Level: Yes

Utilities

  • Utilities: Cable Available, Electricity Available

Schools

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

Lot Info

  • Current Use: Unimproved, Vacant
  • Lot Dimensions: 98x484
  • Lot Size Sq Ft: 53531.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 0810-22-85-5157

MLS Schools

  • Elementary School: Durham - Hope Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Jul 21, 2022
Sold by
Guerrero Escobar Friedrich and Guerrero Kevin
Bought by
Torrey Tammy L
Seller's Agent
Michael Sullivan
Real Estate By Design
Buyer's Agent
Holly Hayes
Nest Realty of the Triangle
List Price
$225,000
Sold Price
$185,000
Premium/Discount to List
-$40,000
-17.78%
Current Estimated Value
$331,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,000

Purchase Details

Closed on
Jul 31, 2018
Sold by
The Rehab Crew Inc
Bought by
Escobar Friedrich Guerrero and Labar Kevin

Purchase Details

Closed on
Jun 14, 2017
Sold by
Barbee Parrish Edna Laverne
Bought by
Rehab Crew Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 2008
Sold by
Jennings Thomas H
Bought by
Branch Banking & Trust Company
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Torrey Tammy L $185,000 Bagwell Holt Smith Pa Cc
Escobar Friedrich Guerrero $200,000 None Available
Rehab Crew Inc $159,500 None Available
Branch Banking & Trust Company $106,586 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rehab Crew Inc $213,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $185,000 -- --
07/25/2022 07/25/22 Sold $185,000 -17.8% $125 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $225,000 -- $153 / 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
2023 $685 $52,312 $52,312 $0
2022 $670 $52,312 $52,312 $0
2021 $666 $52,312 $52,312 $0
2020 $1,715 $137,887 $52,312 $85,575
2019 $2,467 $198,333 $112,758 $85,575
2018 $2,181 $160,764 $97,659 $63,105
2017 $2,165 $160,764 $97,659 $63,105
2016 $2,092 $160,764 $97,659 $63,105
2015 $2,032 $146,767 $65,847 $80,920
2014 -- $146,767 $65,847 $80,920
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michael Sullivan

    Real Estate By Design

    Section Image
  • Holly Hayes

    Buyer's Agent in 2022

    Holly Hayes

    Nest Realty of the Triangle

    (919) 323-6155

    2 in this area

    119 Total Sales

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2441322

Doorify MLS

APN: 136957

North Carolina Durham County Durham 27707 South Square

3724 Old Chapel Hill Rd, Durham, NC

This home is located at 3724 Old Chapel Hill Rd, Durham, NC 27707 since 07 April 2022 and is currently priced at $331,000, approximately $224 per square foot. 3724 Old Chapel Hill Rd is a home located in Durham County with nearby schools including Morehead Montessori, Sherwood Githens Middle, and Jordan High School.

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