NOT LISTED FOR SALE

Estimated Value: $1,332,264

5 Beds
2.5 Baths
3,945 Sq Ft
$338/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $1,144,150 $290 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,732/month

86 Days on Market

Highlights

  • The property is located in a historic district
  • 0.5 Acre Lot
  • Wood Flooring
  • George Watts Elementary Rated A-
  • Traditional Architecture
  • 2-minute walk to Trinity Park

About This Home

As of September 2021

Rare opportunity plus a $100,000 price drop! One of Durham's most historic homes, the 1905 Greek Revival, Bassett-Brown house offers nearly 4,000 sq. ft. of gracious living, including 4 BRS, 2.5 ceramic baths, oak and heart pine floors, 3 fireplaces, copper roof, 2 car detached garage & partial basement. Wooded, private one-half acre corner lot with rose bed, koi pond and slate patio creates a beautiful space for relaxation, play and birding. Fifty percent historic property tax reduction conveys.

Last Agent to Sell the Property

Eugene Brown

Petty Appraisals License #63963 Listed on: 04/28/2021

Last Buyer's Agent

Sam Poole

Nest Realty of the Triangle License #274170

Nest Realty of the Triangle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,060

Year Built

  • Built in 1905

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 133x155x139x155
  • Fenced Yard
  • Historic Home

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Stone

Interior Spaces

  • 3,945 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Storage
  • Laundry on upper level
  • Wood Flooring
  • Basement

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Schools

  • E K Powe Elementary School
  • Brogden Middle School
  • Riverside High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Patio
  • The property is located in a historic district

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,060

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1905
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 3945.0
  • Architectural Style: National Historic Designation, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 480.0
  • General Property Information Total Unfinished Area2: 480.0
  • General Property Information Lot Size Dimensions: 133x155x139x155
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Levels Three Or More: Yes
  • Community Features Historical Area: Yes
  • General Property Information Above Grade Finished Area: 3945.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 21780.0
  • General Property Information Lot Size Acres: 0.5
  • Architectural Style National Historic Designation: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Entrance Foyer, Storage
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard
  • Acres: 0.5
  • Construction Type: Stone
  • Patio And Porch Features: Patio
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Circular Driveway, Concrete, Driveway, Garage, Garage Door Opener
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Circular Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Heat Pump, Hot Water, Natural Gas, Zoned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes
  • Heating:Hot Water2: Yes

Condo/Co-op/Association

  • Community Features: Historical Area
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Durham - Riverside
  • Middle Or Junior School: Durham - Brogden

Lot Info

  • Lot Dimensions: 133x155x139x155
  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5060.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Durham - E K Powe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Sep 3, 2021
Sold by
Brown Eugene A and Brown Signe A
Bought by
Loeser Charles E and Shor Lauren
Seller's Agent
Eugene Brown
Petty Appraisals
Buyer's Agent
Sam Poole
Nest Realty of the Triangle
List Price
$1,375,000
Sold Price
$1,144,150
Premium/Discount to List
-$230,850
-16.79%
Current Estimated Value
$1,332,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,114
Avg. Annual Appreciation
3.67%
Original Mortgage
$915,320
Outstanding Balance
$840,775
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$479,146
Source: Public Records

Range of Values:

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Average Value
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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
Loeser Charles E $1,144,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loeser Charles E $915,320
Previous Owner Brown Eugene A $525,000
Previous Owner Brown Eugene A $417,000
Previous Owner Brown Eugene $335,000
Previous Owner Brown Eugene A $295,000
Previous Owner Brown Eugene A $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $1,144,150 -- --
09/03/2021 09/03/21 Sold $1,144,150 -10.3% $290 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
05/22/2021 05/22/21 Price Changed $1,275,000 -7.3% $323 / Sq Ft
04/27/2021 04/27/21 For Sale $1,375,000 -- $349 / 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 $5,675 $813,663 $152,000 $661,663
2023 $5,329 $813,663 $152,000 $661,663
2022 $5,207 $813,663 $152,000 $661,663
2021 $5,183 $813,663 $152,000 $661,663
2020 $5,061 $813,663 $152,000 $661,663
2019 $5,061 $813,663 $152,000 $661,663
2018 $6,120 $902,342 $95,000 $807,342
2017 $6,075 $902,342 $95,000 $807,342
2016 $5,870 $902,342 $95,000 $807,342
2015 $4,142 $598,496 $119,512 $478,984
2014 $4,142 $598,496 $119,512 $478,984
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2380272

Doorify MLS

APN: 102208