NOT LISTED FOR SALE

402 Monticello Ave Durham, NC 27707

Hope Valley Neighborhood

Estimated Value: $400,000 - $560,000

3 Beds
2 Baths
1,539 Sq Ft
$329/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $521,000 $339 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,038/month

2 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • No HOA
  • Ranch Style House
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of March 2022

Beautifully updated mid-century ranch. Convenient to Duke, NCCU and RTP. Freshly painted, inside and out. New roof. Refinished hardwood floors. Updated electrical and plumbing. all new light fixtures. New heating and air, hot water heater heater and appliances. New bath vanities. New kitchen cabinets with granite countertops. Resurfaced patio with outdoor fireplace. New chimney cap. Both fireplaces functional per chimney sweep. Great for entertaining in the COVID era. This is one not to miss!

Last Agent to Sell the Property

Douglas Osborn

RE/MAX One Hundred License #199841 Listed on: 02/17/2022

RE/MAX One Hundred

Last Buyer's Agent

Matt Martin

Compass -- Raleigh License #329450

Compass -- Raleigh

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 0.52 Acre Lot
  • Brick Fence
  • Corner Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Private Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,539 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Living Room with Fireplace
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Outdoor Features

  • Patio

Schools

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

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1954
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1539.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 422.0
  • General Property Information Total Unfinished Area2: 422.0
  • General Property Information Lot Size Dimensions: 146x150, 146x146
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Fencing Brick3: Yes
  • General Property Information Above Grade Finished Area: 1539.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 22433.4
  • General Property Information Lot Size Acres: 0.515
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Living Room: Yes
  • Attic Features:Floored: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Fencing: Brick
  • Acres: 0.52
  • Construction Type: Brick
  • Patio And Porch Features: Patio
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Concrete, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Asphalt2: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: 146x150, 146x146
  • Lot Size Sq Ft: 22433.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 329932.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Durham - Hope Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2021
Sold by
Hagerty Emerita R
Bought by
Silverman Paul S and Osborn Douglas H
Current Estimated Value
$506,207

Purchase Details

Closed on
Mar 21, 2021
Sold by
Silverman Paul S
Bought by
Croteau Joseph Robert and Clay Andrew Campbell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,370
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2001
Sold by
Hagerty Barton G
Bought by
Hagerty Barton G and Hagerty Emerita R
Source: Public Records

Range of Values:

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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
Silverman Paul S $200,000 None Available
Croteau Joseph Robert $521,000 Ragsdale Liggett Pllc
Hagerty Barton G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Croteau Joseph Robert $505,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $521,000 -- --
03/22/2022 03/22/22 Sold $521,000 +21.2% $339 / Sq Ft
02/18/2022 02/18/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $430,000 -- $279 / 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
2024 $3,613 $258,994 $87,112 $171,882
2023 $3,393 $258,994 $87,112 $171,882
2022 $3,315 $258,994 $87,112 $171,882
2021 $3,299 $258,994 $87,112 $171,882
2020 $3,222 $258,994 $87,112 $171,882
2019 $3,222 $258,994 $87,112 $171,882
2018 $2,663 $196,317 $53,025 $143,292
2017 $2,643 $196,317 $53,025 $143,292
2016 $2,554 $196,317 $53,025 $143,292
2015 $2,762 $199,511 $50,011 $149,500
2014 $2,762 $199,511 $50,011 $149,500
Source: Public Records

Agents Affiliated with this Home

  • Douglas Osborn

    Seller's Agent in 2022

    Douglas Osborn

    RE/MAX

    (919) 949-3464

    2 in this area

    21 Total Sales

    Douglas Osborn
    Section Image
  • Matt Martin

    Buyer's Agent in 2022

    Matt Martin

    Compass -- Raleigh

    (310) 850-4855

    1 in this area

    64 Total Sales

    Matt Martin
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2431839

Doorify MLS

APN: 122069

North Carolina Durham County Durham 27707 Hope Valley

402 Monticello Ave, Durham, NC

This home is located at 402 Monticello Ave, Durham, NC 27707 since 17 February 2022 and is currently estimated at $506,207, approximately $328 per square foot. This property was built in 1954. 402 Monticello Ave is a home located in Durham County with nearby schools including Morehead Montessori, Hope Valley Elementary, and Sherwood Githens Middle.

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