NOT LISTED FOR SALE

407 Gray Ave Durham, NC 27701

Central Park Neighborhood

Estimated Value: $325,000 - $392,000

3 Beds
2 Baths
1,100 Sq Ft
$328/Sq Ft Est. Value

Sale Details

Date Sold: January 27, 2022

Last sale price $274,500 $250 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,265 / mo

6 Days on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • Laundry Room
  • George Watts Elementary Rated A-
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of January 2022

Investment property 3 bedrooms, 2 bath in a great location near downtown Durham! This home boasts an amazing backyard which runs long and sits high on lot! With some new updates, you will breathe new life into this 1920's cottage style home. Roof was replaced in 2014. Property is being sold AS IS! Home has a long-term tenant currently occupying the home. Tenants will vacate the property by January 20, 2022! Appointments according to tenant's availability!

Last Agent to Sell the Property

Dian Thompson-Melvin

Keller Williams Elite Realty License #281881 Listed on: 12/15/2021

Keller Williams Elite Realty

Last Buyer's Agent

Jenny Barber

Howard Hanna Allen Tate Durham License #193329

Howard Hanna Allen Tate Durham

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150

Home Design

  • Craftsman Architecture
  • A-Frame Home
  • Ranch Style House
  • Bungalow
  • Brick Foundation
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • Combination Dining and Living Room
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • E K Powe Elementary School
  • Lucas Middle School
  • Northern High School

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Year Built: 1925
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1100.0
  • Architectural Style: A-Frame, Bungalow, Craftsman, Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 50x150
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Room Types Primary Bedroom Level: M
  • Interior Features LivingDining Room Combination: Yes
  • Architectural Style Craftsman: Yes
  • Architectural Style Bungalow: Yes
  • Flooring Laminate: Yes
  • Foundation Details BrickMortar: Yes
  • Architectural Style A-Frame: Yes
  • General Property Information Above Grade Finished Area: 1100.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Lot Size Acres: 0.17
  • General Property Information:Living Area3: 1100.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Eat-in Kitchen, Living/Dining Room Combination, Primary Downstairs
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.17
  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar, Slab
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Parking Features:None16: Yes

Utilities

  • Heating: Electric, Forced Air, Hot Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Hot Water2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Durham - Northern
  • Middle Or Junior School: Durham - Lucas

Lot Info

  • Lot Dimensions: 50x150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 252129.0

MLS Schools

  • Elementary School: Durham - E K Powe

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2021
Closed on
Jan 13, 2022
Sold by
Bought by
Seller's Agent
Dian Thompson-Melvin
Keller Williams Elite Realty
Buyer's Agent
Jenny Barber
Howard Hanna Allen Tate Durham
List Price
$275,000
Sold Price
$274,500
Premium/Discount to List
-$500
-0.18%
Current Estimated Value
$360,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,000
Avg. Annual Appreciation
6.23%

Purchase Details

Closed on
Jul 28, 2021
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
0.0437%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 12, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,400
Interest Rate
0.0602%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 8, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
0.0599%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
0.0567%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 20, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
0.0567%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 14, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
0.0567%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 25, 2003
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
0.0589%

Purchase Details

Closed on
Oct 7, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
0.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$549 Lockamy Law Firm Pa
-- None Available
$60,000 None Available
$11,500 None Available
-- None Available
$81,495 None Available
$77,000 --
$13,500 --
$9,000 --
$6,500 --
$55,302 --
$65,000 --
$32,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $52,200
Previous Owner $42,000
Previous Owner $40,400
Previous Owner $77,000
Previous Owner $6,000
Previous Owner $58,500
Previous Owner $42,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $274,500 -- --
01/27/2022 01/27/22 Sold $274,500 -0.2% $250 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/14/2021 12/14/21 For Sale $275,000 -- $250 / Sq Ft
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,614 $364,566 $204,750 $159,816
2024 $2,761 $197,919 $82,040 $115,879
2023 $2,593 $197,919 $82,040 $115,879
2022 $2,533 $197,919 $82,040 $115,879
2021 $2,521 $197,919 $82,040 $115,879
2020 $2,462 $197,919 $82,040 $115,879
2019 $2,462 $197,919 $82,040 $115,879
2018 $1,358 $100,078 $38,057 $62,021
2017 $1,348 $100,078 $38,057 $62,021
2016 $1,302 $100,078 $38,057 $62,021
2015 $930 $67,209 $16,127 $51,082
2014 $930 $67,209 $16,127 $51,082
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Dian Thompson-Melvin

    Keller Williams Elite Realty

    (919) 951-1806

    1 in this area

    26 Total Sales

    Dian Thompson-Melvin
    Section Image
  • Jenny Barber

    Buyer's Agent in 2022

    Jenny Barber

    Howard Hanna Allen Tate Durham

    (919) 624-9532

    4 in this area

    124 Total Sales

    Jenny Barber
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2423186

Doorify MLS

APN: 110910

North Carolina Durham County Durham 27701 Central Park

407 Gray Ave, Durham, NC

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Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

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