NOT LISTED FOR SALE

503 Canal St Durham, NC 27701

Central Park Neighborhood

Estimated Value: $218,000 - $266,261

2 Beds
3 Baths
930 Sq Ft
$255/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $205,000 $220 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,429/month

3 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Heating Available
  • George Watts Elementary Rated A-

About This Home

As of June 2022

Durham Duplex under 200K !! One Story, One Bedroom & One Bathroom per side. Both sides rented @ $550 Each. Approximately 6 months left on both leases.

Last Agent to Sell the Property

Ashley Trammel

Trammel Brothers Inc. License #202974 Listed on: 05/06/2022

Last Buyer's Agent

John Whaley

Frasher Whaley Realty Group License #262351

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,818

Year Built

  • Built in 1988

Lot Details

  • 6,534

Parking

  • 1 Parking Space

Flooring

  • Wood
  • Vinyl

Basement

  • Crawl Space

Schools

  • Eastway Elementary School
  • Brogden Middle School
  • Northern High School

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

  • 2 Units

Listing and Financial Details

  • 3 Month Lease Term

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,818

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Year Built: 1988
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Flooring Vinyl: Yes
  • Contract Information Lease Term: 3 To 6 Months
  • General Property Information Carport YN: No
  • Cooling Window Unit(s): Yes
  • General Property Information Number Of Units Total3: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Fiber Cement
  • Construction Materials:Fiber Cement: Yes

Garage/Parking

  • Total Parking Spaces: 1.0
  • General Property Information:Parking Total: 1.0

Utilities

  • Heating: Electric
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes

Schools

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

Rental Info

  • Lease Term: 3 To 6 Months
  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 1818.0
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Durham - Eastway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jun 8, 2022
Sold by
International Home Developers Llc
Bought by
503 Canal Llc
Seller's Agent
Ashley Trammel
Trammel Brothers Inc.
Buyer's Agent
John Whaley
Frasher Whaley Realty Group
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%
Current Estimated Value
$237,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,065
Avg. Annual Appreciation
4.59%
Original Mortgage
$93,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2009
Sold by
Us Bank National Association
Bought by
International Home Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2006
Sold by
Mcknight John and Mcknight Barbara
Bought by
Harrison Michael and Harrison Kentisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,100
Interest Rate
10.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2000
Sold by
Roger Newton
Bought by
The Chase Manhattan Bank and Imc Home Equity Loan Trust 1997-5
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
503 Canal Llc $205,000 Browning William W
503 Canal Llc $205,000 None Listed On Document
International Home Developers Llc $14,500 None Available
Harrison Michael $39,000 None Available
The Chase Manhattan Bank $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 503 Canal Llc $218,400
Closed 503 Canal Llc $93,000
Previous Owner International Home Developers Llc $17,000
Previous Owner Harrison Michael $35,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $205,000 -- --
06/22/2022 06/22/22 Sold $205,000 +2.6% $220 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $199,900 -- $215 / 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 $1,990 $142,670 $80,710 $61,960
2023 $1,869 $142,670 $80,710 $61,960
2022 $1,826 $142,670 $80,710 $61,960
2021 $1,817 $142,670 $80,710 $61,960
2020 $1,775 $142,670 $80,710 $61,960
2019 $1,775 $142,670 $80,710 $61,960
2018 $1,054 $77,670 $37,472 $40,198
2017 $1,046 $77,670 $37,472 $40,198
2016 $1,011 $94,831 $37,472 $57,359
2015 $1,075 $77,677 $15,879 $61,798
2014 $1,075 $77,677 $15,879 $61,798
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Ashley Trammel

    Trammel Brothers Inc.

    (919) 730-9412

    1 in this area

    65 Total Sales

    Ashley Trammel
    Section Image
  • John Whaley

    Buyer's Agent in 2022

    John Whaley

    Frasher Whaley Realty Group

    (919) 475-3891

    6 in this area

    89 Total Sales

    John Whaley
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2447223

Doorify MLS

APN: 110648

North Carolina Durham County Durham 27701 Central Park

503 Canal St, Durham, NC

This home is located at 503 Canal St, Durham, NC 27701 since 06 May 2022 and is currently estimated at $237,065, approximately $254 per square foot. This property was built in 1988. 503 Canal St is a home located in Durham County with nearby schools including George Watts Elementary, W.G. Pearson Elementary School, and Brogden Middle.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes