NOT LISTED FOR SALE

Estimated Value: $652,000 - $1,016,000

3 Beds
2.5 Baths
1,985 Sq Ft
$452/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $969,000 $488 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,463/month

3 Days on Market

Highlights

  • 0.28 Acre Lot
  • Contemporary Architecture
  • Bonus Room
  • Deck
  • Wood Flooring
  • High Ceiling

About This Home

As of May 2022

Modernly minded, meticulously crafted - 500 E Geer gets it. This Downtown Durham dwelling is 3 BD, 2.5 BA, + 1,985 SQFT of “WOW” from dramatic architecture to bold aesthetic. Enter a light-flooded main level encapsulating an elevated kitchen, dining, and den - opening to an entertainer’s deck. Winding down? Retire to an intimate rooftop for a nightcap under the stars, or retreat to a primary suite (and soaking tub) perfect for relaxing. Ten minutes from Bull City’s best? You’ve gotta get to Geer.

Last Agent to Sell the Property

Johnny Chappell

Compass -- Raleigh License #267248 Listed on: 03/23/2022

Compass -- Raleigh

Co-Listed By

Charles Umstead

Compass -- Raleigh License #274965

Last Buyer's Agent

Melissa Simpson

Dickerson Brady Realty, Inc. License #271171

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,181

Year Built

  • Built in 2020

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 83' x 200' x 39' x 205'
  • Fenced Yard
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Contemporary Architecture
  • Modernist Architecture
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Stucco

Interior Spaces

  • 1,985 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Bonus Room
  • Crawl Space
  • Home Security System

Kitchen

  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Low Flow Plumbing Fixtures
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Eastway Elementary School
  • Lucas Middle School
  • Northern High School

Utilities

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

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,181

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2020
  • Prop. Type: Residential
  • Co List Office Mls Id: 75688
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1985.0
  • Architectural Style: Contemporary, Modernist
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split, Two
  • New Construction: No
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 1082.0
  • General Property Information Total Unfinished Area2: 1082.0
  • General Property Information Lot Size Dimensions: 83' x 200' x 39' x 205'
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Wall Oven: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Living Room2: Yes
  • Security Features Security System: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Architectural Style Contemporary: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • Levels MultiSplit: Yes
  • Architectural Style Modernist: Yes
  • General Property Information Above Grade Finished Area: 1985.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 12196.8
  • General Property Information Lot Size Acres: 0.28
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, High Ceilings, Living/Dining Room Combination, Pantry, Quartz Counters, Separate Shower, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Basement: Crawl Space
  • Appliances: Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, Gas Cooktop, Range Hood, Tankless Water Heater, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Double Oven: Yes

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.28
  • Construction Type: Low VOC Paint/Sealant/Varnish, Stucco
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: 83' x 200' x 39' x 205'
  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low-Flow Fixtures
  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 7181.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Durham - Eastway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
May 18, 2022
Sold by
White and Alisha
Bought by
Simpson Kalle E
Seller's Agent
Johnny Chappell
Compass -- Raleigh
Buyer's Agent
Melissa Simpson
Dickerson Brady Realty, Inc.
List Price
$895,000
Sold Price
$969,000
Premium/Discount to List
$74,000
8.27%
Current Estimated Value
$906,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,014
Avg. Annual Appreciation
-2.03%
Original Mortgage
$800,950
Outstanding Balance
$767,639
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$136,975

Purchase Details

Closed on
Apr 14, 2020
Sold by
Hillside Partners Llc
Bought by
White Dakota and White Alisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,200
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2018
Sold by
Rtp Homes Llc
Bought by
Hillside Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 19, 2018
Sold by
Latchkey Property Group Llc
Bought by
Rtp Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Simpson Kalle E $969,000 Milestones Law
White Dakota $756,500 None Available
Hillside Partners Llc $140,000 None Available
Rtp Homes Llc $113,500 None Available
Latchkey Property Group Llc $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Kalle E $800,950
Previous Owner White Dakota $605,200
Previous Owner Hillside Partners Llc $382,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $969,000 -- --
05/23/2022 05/23/22 Sold $969,000 +8.3% $488 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $895,000 -- $451 / 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 $7,864 $933,280 $192,000 $741,280
2024 $7,864 $563,741 $128,400 $435,341
2023 $7,384 $563,741 $128,400 $435,341
2022 $7,215 $563,741 $128,400 $435,341
2021 $7,182 $563,741 $128,400 $435,341
2020 $4,305 $346,070 $128,400 $217,670
2019 $1,454 $116,900 $116,900 $0
2018 $1,061 $78,208 $37,992 $40,216
2017 $1,053 $78,208 $37,992 $40,216
2016 $1,018 $157,836 $37,992 $119,844
2015 $779 $56,252 $13,955 $42,297
2014 $779 $56,252 $13,955 $42,297
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2437954

Doorify MLS

APN: 110697