NOT LISTED FOR SALE

Estimated Value: $376,000 - $400,000

3 Beds
2.5 Baths
1,922 Sq Ft
$200/Sq Ft Est. Value

Last Sold March 22, 2023

Last sale price $372,000 $194 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,280/month

25 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • 1 Car Garage
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Private Driveway

About This Home

As of March 2023

Fresh paint and new carpet highlight this move in ready home in Gatewood Forest. Convenient access to both downtown Durham and Raleigh make this an excellent choice for much of the triangle. Spacious owner's suite with walk in closet, separate shower and garden tub.

Last Agent to Sell the Property

Matthew Perkins

SECU*RE Inc. License #309154 Listed on: 01/20/2023

Last Buyer's Agent

Deanna Dick

Keller Williams One License #303943

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,414

Year Built

  • Built in 2002

Lot Details

  • 0.25 Acre Lot

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Private Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,922 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Oakgrove Elementary School
  • Neal Middle School
  • Southern High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Cas, Inc. Association
  • Gatewood Forest Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,414

Year Built

Built in 2002

Lot Details

0

HOA Fees

$28 per month

Parking

1

Listing Details

  • Year Built: 2002
  • Prop. Type: Residential
  • Subdivision Name: Gatewood Forest
  • Above Grade Finished Sq Ft: 1922.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: New survey required
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • Flooring Vinyl: Yes
  • General Property Information Above Grade Finished Area: 1922.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information Lot Size Acres: 0.25
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.25
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 28.0
  • Association Fee Frequency: Monthly
  • Association Name: CAS, Inc.
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: CAS, Inc.
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 28.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Durham - Southern
  • Middle Or Junior School: Durham - Neal

Lot Info

  • Lot Dimensions: New survey required
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2414.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Oakgrove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Mar 21, 2023
Sold by
Secure Inc
Bought by
Ward Walter Bruce
Seller's Agent
Matthew Perkins
SECU*RE Inc.
Buyer's Agent
Deanna Dick
Keller Williams One
List Price
$369,000
Sold Price
$372,000
Premium/Discount to List
$3,000
0.81%
Views
87
Current Estimated Value
$383,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,566
Avg. Annual Appreciation
1.20%
Original Mortgage
$332,000
Outstanding Balance
$321,558
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$62,008

Purchase Details

Closed on
Jul 28, 2015
Sold by
State Employees Cu
Bought by
Secure Inc

Purchase Details

Closed on
Mar 15, 2007
Sold by
Thomas Andrea
Bought by
Hatchett Eldorado and Hatchett Benita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Interest Rate
8.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 20, 2003
Sold by
Thomas Kerwyn
Bought by
Thomas Andrea

Purchase Details

Closed on
Jul 31, 2002
Sold by
Westfield Homes Of North Carolina Inc
Bought by
Thomas Kerwyn and Thomas Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,324
Interest Rate
6.62%
Source: Public Records

Range of Values:

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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
Ward Walter Bruce $372,000 --
Secure Inc $104,000 Attorney
Hatchett Eldorado $164,000 None Available
Thomas Andrea -- --
Thomas Kerwyn $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Walter Bruce $332,000
Previous Owner Hatchett Eldorado $131,100
Previous Owner Hatchett Eldorado $32,750
Previous Owner Thomas Kerwyn $156,324
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $372,000 -- --
03/22/2023 03/22/23 Sold $372,000 +0.8% $194 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $369,000 -- $192 / 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 $2,632 $406,605 $90,625 $315,980
2024 $2,632 $188,651 $31,300 $157,351
2023 $2,471 $188,651 $31,300 $157,351
2022 $2,415 $188,651 $31,300 $157,351
2021 $2,403 $188,651 $31,300 $157,351
2020 $2,347 $188,651 $31,300 $157,351
2019 $2,347 $188,651 $31,300 $157,351
2018 $2,221 $163,754 $25,040 $138,714
2017 $2,205 $163,754 $25,040 $138,714
2016 $2,131 $163,754 $25,040 $138,714
2015 $2,415 $174,430 $29,248 $145,182
2014 $2,415 $174,430 $29,248 $145,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2491035

Doorify MLS

APN: 162294