NOT LISTED FOR SALE

3726 St Marks Rd Durham, NC 27707

Hope Valley Neighborhood

Estimated Value: $1,646,000 - $2,402,000

6 Beds
6 Baths
4,768 Sq Ft
$400/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $3,750,000 $786 Per Sq Ft

Est. 49% decrease in value since last sale

Current estimated payment $11,364/month

8 Days on Market

Highlights

  • 7.8 Acre Lot
  • Deck
  • Main Floor Primary Bedroom
  • Cape Cod Architecture
  • Family Room with Fireplace
  • Bonus Room

About This Home

As of September 2023

Unique opportunity to own a 7.8 acre compound in the exclusive community of Hope Valley. This Cape Cod brick home on a double lot was exquisitely transformed into a 6B/6B home, curated w/the finest materials surrounded by six adjoining gated parcels to expand or develop. The inviting foyer leads to a sun-filled dining area open to the kitchen, a culinary dream, featuring an integrated suite of Thermador & Wolf professional-grade appliances & a large Cambria quartz island. Gather in the family room w/coffered ceilings & stone gas FP. Retreat to the main level grand primary suite w/2 large WICs behind hidden doors, & 2 separate luxurious baths. This breathtaking home features extensive millwork, custom built-in’s, 2 gas FPs, stunning wide plank floors, Hunter Douglas Vignette Smart Shades, 2 laundry rooms conveniently located on the main & 2nd levels, tankless water heater & whole house Generac generator, etc. 2nd level features 1,736 SF of living space w/4 additional bedrooms & loft area. The flex space above the oversized 2 car garage adapts to your specific needs. Limitless possibilities-nothing compares.

Last Agent to Sell the Property

Lynn Muzik

Muzik Properties License #280868 Listed on: 08/09/2023

Last Buyer's Agent

Mary Hunter

Urban Durham Realty License #267381

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,475

Year Built

  • Built in 1969

Lot Details

  • 7.8 Acre Lot
  • Lot Dimensions are 181x165x254x154
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Home Design

  • Cape Cod Architecture
  • Brick Veneer

Interior Spaces

  • 4,768 Sq Ft Home
  • 2-Story Property
  • Coffered Ceiling
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Utility Room
  • Laundry on main level
  • Carpet
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Hope Valley West Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,475

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1969
  • Prop. Type: Residential
  • Subdivision Name: Hope Valley West
  • Above Grade Finished Sq Ft: 4768.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 900.0
  • General Property Information Total Unfinished Area2: 900.0
  • General Property Information Lot Size Dimensions: 181x165x254x154
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: 2
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Unique opportunity to own a 7.8 compound in the exclusive community of Hope Valley. This Cape Cod brick home was exquisitely transformed into a 6B/6B home, curated with the finest materials surrounded by 6 adjoining parcels to expand or develop. Features extensive millwork, 2 FPs, Hunter Douglas Vignette Smart Shades, 2 l'dry rooms-main & 2nd levels, tankless water heater, whole house Generac generator, etc. Flex space above garage adapts to your specific needs. Limitless possibilities-nothing compares.
  • General Property Information Above Grade Finished Area: 4768.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 339768.0
  • General Property Information Lot Size Acres: 7.8
  • General Property Information:Living Area3: 4768.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet
  • Interior Amenities: Coffered Ceiling(s), Entrance Foyer, Kitchen/Dining Room Combination
  • Basement: Crawl Space
  • Appliances: Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Living Room
  • Fireplaces: 2
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Acres: 7.8
  • Construction Type: Brick, Brick Veneer
  • Patio And Porch Features: Deck, Porch
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Faces Side
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: 181x165x254x154
  • Lot Size Sq Ft: 339768.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15475.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Hope Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Sep 20, 2023
Sold by
Dexter Vanessa Ritchie and Dexter Allen F
Bought by
Herzick Alexander Cohen and Sistani Nahid
Seller's Agent
Lynn Muzik
Muzik Properties
Buyer's Agent
Mary Hunter
Urban Durham Realty
List Price
$3,750,000
Sold Price
$3,750,000
Views
13
Current Estimated Value
$1,907,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,842,688
Avg. Annual Appreciation
-25.85%
Original Mortgage
$3,000,000
Outstanding Balance
$2,937,907
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
-$1,030,595

Purchase Details

Closed on
Feb 14, 2020
Sold by
Sternbergh John S and Sternbergh Tacie M
Bought by
Dexter Allen F and Dexter Vanessa Ritchie

Purchase Details

Closed on
Jun 25, 2002
Sold by
Staton Anne G
Bought by
Sternbergh John S and Sternbergh Tacie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Herzick Alexander Cohen $3,750,000 None Listed On Document
Dexter Allen F $853,500 None Available
Sternbergh John S $565,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herzick Alexander Cohen $3,000,000
Previous Owner Sternbergh John S $452,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2023 09/27/23 Sold $3,750,000 0.0% $786 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $3,750,000 -- $786 / 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 $16,805 $1,695,257 $437,500 $1,257,757
2024 $11,752 $842,482 $174,600 $667,882
2023 $11,036 $842,482 $174,600 $667,882
2022 $10,783 $842,482 $174,600 $667,882
2021 $9,774 $767,281 $174,600 $592,681
2020 $9,544 $767,281 $174,600 $592,681
2019 $9,544 $767,281 $174,600 $592,681
2018 $9,652 $711,555 $109,125 $602,430
2017 $9,581 $711,555 $109,125 $602,430
2016 $9,258 $711,555 $109,125 $602,430
2015 $8,499 $613,924 $95,561 $518,363
2014 $8,499 $613,924 $95,561 $518,363
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lynn Muzik

    Muzik Properties

    (919) 272-2670

    1 in this area

    8 Total Sales

    Lynn Muzik
    Section Image
  • Mary Hunter

    Buyer's Agent in 2023

    Mary Hunter

    Urban Durham Realty

    (919) 810-7005

    36 in this area

    149 Total Sales

    Mary Hunter
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2525971

Doorify MLS

APN: 139601

North Carolina Durham County Durham 27707 Hope Valley

3726 St Marks Rd, Durham, NC

Not Listed for Sale

Detached

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