NOT LISTED FOR SALE

502 Royal Sunset Dr Durham, NC 27713

South Durham Neighborhood

Estimated Value: $789,000 - $852,428

9.6 Acres
$85,491 Price per Acre
418,176 Sq Ft Lot

Last Sold September 19, 2024

Last sale price $875,000

Est. 6% decrease in value since last sale

Current estimated payment $5,236/month

598 Days on Market

Highlights

  • 9.6 Acre Lot
  • Heavily Wooded Lot
  • Brush Vegetation
  • North Chatham Elementary School Rated A-
  • Secluded Lot
  • Level Lot

About This Lot

As of September 2024

In the desirable Hills of Rosemont neighborhood, there's an outstanding chance to create your dream home on more than 9 acres, surrounded by Corp of Engineer land. This exceptional homesite promises a secluded retreat among mature trees and offers exclusive access through a private, gated entrance. Embrace the tranquil charm of the community's sweeping hills, serene ponds, lakes, and majestic hardwoods, all conveniently located near RTP and the I-40. With its private septic system and community water, this property awaits your vision. Subject to HOA approval, you can bring your own builder and make your dream home a reality!

Last Agent to Sell the Property

Christina Valkanoff

Christina Valkanoff Realty Group License #233901 Listed on: 11/18/2022

Last Buyer's Agent

Lesley McAdams

RM REIM, LLC License #285383

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,163

Lot Details

  • 9.6 Acre Lot
  • Lot Dimensions are 105x74x559x213x240x742x410x1912x35
  • Property fronts a private road
  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Cleared Lot
  • Heavily Wooded Lot

HOA Fees

  • $394 Monthly HOA Fees

Parking

  • Driveway

Schools

  • N Chatham Elementary School
  • Margaret B Pollard Middle School
  • Northwood High School

Utilities

  • Shared Well
  • Septic Needed
  • Phone Available
  • Cable TV Available

Community Details

  • The Hills Of Rosemont, Towne Properties Association, Phone Number (984) 220-8679
  • The Hills Of Rosemont Subdivision
  • The community has rules related to alterations or architectural changes

Property Details

Property Type

Land

Est. Annual Taxes

$4,163

Lot Details

9.6 Acres

HOA Fees

$394 per month

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: The Hills of Rosemont
  • General Property Information Lot Size Dimensions: 105x74x559x213x240x742x410x1912x35
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 984-220-8679
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Water Source Shared Well: Yes
  • Restrictions Architectural Review: Yes
  • General Property Information Monthly Association Fees2: 394.0
  • Vegetation Cleared2: Yes
  • Vegetation Heavily Wooded: Yes
  • Vegetation Brush: Yes
  • Lot Features Driveway2: Yes
  • General Property Information Lot Size Square Feet2: 418001.76
  • General Property Information Lot Size Acres: 9.596
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 9.6
  • Lot Features:Wooded: Yes
  • Lot Features:Secluded: Yes
  • Lot Features:Level: Yes
  • Lot Features:Rolling Slope: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Name: The Hills of Rosemont, Towne Properties
  • Phone: 984-220-8679
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: The Hills of Rosemont, Towne Properties
  • General Property Information:Association YN: Yes

Schools

  • Ninth Grade High School: Chatham - Northwood
  • Middle Or Junior School: Chatham - Margaret B Pollard

Lot Info

  • Current Use: Vacant
  • Lot Dimensions: 105x74x559x213x240x742x410x1912x35
  • Lot Size Sq Ft: 418001.76
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4163.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Chatham - N Chatham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2025
Sold by
Maluhia Living Trust and Butler Antoine
Bought by
Illmatic Trust and Nicolas
Current Estimated Value
$820,714

Purchase Details

Listed on
Nov 18, 2022
Closed on
Sep 17, 2024
Sold by
Rodgers John F
Bought by
Maluhia Living Trust and Butler
Seller's Agent
Christina Valkanoff
Christina Valkanoff Realty Group
Buyer's Agent
Lesley McAdams
RM REIM, LLC
List Price
$875,000
Sold Price
$875,000
Views
1448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.18%

Purchase Details

Closed on
Jul 8, 2020
Sold by
Keegan Lindsey G
Bought by
Rodgers John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,605,600
Interest Rate
3.1%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 29, 2015
Sold by
Capital Bank Na
Bought by
Lindsey G Keegan Trust

Purchase Details

Closed on
Apr 1, 2015
Sold by
Howard Llc
Bought by
Capital Bank National Association

Purchase Details

Closed on
Jun 3, 2010
Sold by
Garner Landmark Llc
Bought by
Howard Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
4.91%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 12, 2009
Sold by
Cermin Josip and Cermin Christina D
Bought by
Garner Landmark Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
5.03%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Illmatic Trust -- None Listed On Document
Maluhia Living Trust $875,000 None Listed On Document
Maluhia Living Trust $875,000 None Listed On Document
Rodgers John F $425,000 None Available
Lindsey G Keegan Trust $385,000 Attorney
Capital Bank National Association $360,150 None Available
Howard Llc $547,000 Investors Title Insurance Co
Garner Landmark Llc $567,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodgers John F $1,605,600
Previous Owner Howard Llc $410,000
Previous Owner Garner Landmark Llc $567,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2024 09/19/24 Sold $875,000 0.0% --
07/08/2024 07/08/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $875,000 0.0% --
12/14/2023 12/14/23 Off Market $875,000 -- --
11/14/2023 11/14/23 Price Changed $875,000 -12.4% --
03/27/2023 03/27/23 Price Changed $999,000 -16.4% --
11/18/2022 11/18/22 For Sale $1,195,000 -- --
Source: Doorify MLS

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 $6,295 $753,840 $753,840 $0
2024 $4,373 $523,683 $523,683 $0
2023 $4,163 $523,683 $523,683 $0
2022 $4,059 $523,683 $523,683 $0
2021 $4,059 $523,683 $523,683 $0
2020 $3,769 $483,183 $483,183 $0
2019 $3,769 $483,183 $483,183 $0
2018 $0 $483,183 $483,183 $0
2017 $3,489 $483,183 $483,183 $0
2016 $3,570 $483,183 $483,183 $0
2015 $3,561 $483,183 $483,183 $0
2014 -- $483,183 $483,183 $0
2013 -- $483,183 $483,183 $0
Source: Public Records

Agents Affiliated with this Home

  • Christina Valkanoff

    Seller's Agent in 2024

    Christina Valkanoff

    Christina Valkanoff Realty Group

    (919) 345-4538

    22 in this area

    414 Total Sales

    Christina Valkanoff
    Section Image
  • Lesley McAdams

    Buyer's Agent in 2024

    Lesley McAdams

    RM REIM, LLC

    (919) 748-9780

    1 in this area

    7 Total Sales

    Lesley McAdams
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2484299

Doorify MLS

APN: 81929

North Carolina Chatham County Durham 27713 South Durham

502 Royal Sunset Dr, Durham, NC

Not Listed for Sale

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