NOT LISTED FOR SALE

5 Lucerne Ln Durham, NC 27707

Hope Valley Neighborhood

Estimated Value: $100,000 - $595,000

0.62 Acre
$570,431 Price per Acre
27,007 Sq Ft Lot

Last Sold July 06, 2021

Last sale price $105,000 $39 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $2,031/month

6 Days on Market

About This Lot

As of July 2021

Offer deadline has been removed. .62 acre lot in cul-de-sac. Please see restrictions in document manager. Recent preliminary city information is that water/sewer will need to come from Alpine to 5 Lucerne. See GIS pic in Doc manager.

Last Agent to Sell the Property

Pete Eisenmann

Urban Durham Realty License #284913 Listed on: 05/26/2021

Last Buyer's Agent

Mary Hunter

Urban Durham Realty License #267381

Property Details

Property Type

  • Land

Lot Details

  • 0.62 Acre Lot
  • Cul-De-Sac
  • Wooded Lot

Schools

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

Community Details

  • Idlewood Subdivision

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Idlewood
  • General Property Information Lot Size Dimensions: See survey
  • Remarks and Miscellaneous Syndication Remarks2: Offer deadline has been removed. .62 acre lot in cul-de-sac. Please see restrictions in document manager. Recent preliminary city information is that water/sewer will need to come from Alpine to 5 Lucerne. See GIS pic in Doc manager.
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • General Property Information Lot Size Square Feet2: 26941.0
  • General Property Information Lot Size Acres: 0.6185
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.62
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Other19: Yes

Utilities

  • Utilities: None

Schools

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

Lot Info

  • Current Use: Vacant
  • Lot Dimensions: See survey
  • Lot Size Sq Ft: 26941.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Durham - Hope Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Jul 1, 2021
Sold by
Bangasser Peter A and Friedlander Jessica E
Bought by
Butts Melody Gyton and Butts Christopher Michael
Seller's Agent
Pete Eisenmann
Urban Durham Realty
Buyer's Agent
Mary Hunter
Urban Durham Realty
List Price
$100,000
Sold Price
$105,000
Premium/Discount to List
$5,000
5%
Current Estimated Value
$353,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,667
Avg. Annual Appreciation
31.14%

Purchase Details

Closed on
Aug 5, 2016
Sold by
Gelbert Susan R
Bought by
Bangasser Peter A and Friedlander Jessica E
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

Date Buyer Sale Price Title Company
Butts Melody Gyton $105,000 None Available
Bangasser Peter A $345,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $105,000 -- --
07/06/2021 07/06/21 Sold $105,000 +5.0% $39 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $100,000 -- $38 / 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 $2,194 $221,375 $221,375 $0
2024 $1,290 $92,460 $92,460 $0
2023 $1,211 $92,460 $92,460 $0
2022 $1,183 $92,460 $92,460 $0
2021 $883 $69,345 $69,345 $0
2020 $863 $69,345 $69,345 $0
2019 $1,150 $92,460 $92,460 $0
2018 $763 $56,280 $56,280 $0
2017 $758 $56,280 $56,280 $0
2016 $732 $56,280 $56,280 $0
2015 $544 $39,317 $39,317 $0
2014 $544 $39,317 $39,317 $0
Source: Public Records

Agents Affiliated with this Home

  • Pete Eisenmann

    Seller's Agent in 2021

    Pete Eisenmann

    Urban Durham Realty

    (803) 645-4119

    3 in this area

    52 Total Sales

    Pete Eisenmann
    Section Image
  • Mary Hunter

    Buyer's Agent in 2021

    Mary Hunter

    Urban Durham Realty

    (919) 810-7005

    36 in this area

    149 Total Sales

    Mary Hunter
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2385951

Doorify MLS

APN: 123897

North Carolina Durham County Durham 27707 Hope Valley

5 Lucerne Ln, Durham, NC

Not Listed for Sale

Lots

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