NOT LISTED FOR SALE

503 Oakwood Ave Durham, NC 27701

Central Park Neighborhood

Estimated Value: $708,000 - $824,000

3 Beds
2.5 Baths
1,918 Sq Ft
$394/Sq Ft Est. Value

Sale Details

Date Sold: June 15, 2021

Last sale price $635,000 $331 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,639 / mo

3 Days on Market

Highlights

  • Deck
  • Living Room with Fireplace
  • Wood Flooring
  • George Watts Elementary Rated A-
  • Traditional Architecture
  • 2-minute walk to Oakwood Park

About This Home

As of June 2021

Located in the heart of downtown Durham's Cleveland-Holloway neighborhood, you will find this home to be the perfect marriage of old & new! Enjoy your morning coffee and chats with neighbors on the inviting front porch. Step inside to find extra tall ceilings, beautiful hardwood floors, & updated spaces filled with natural light. Storage space abounds with an oversized laundry/pantry + basement workshop. Ditch the car: You are steps away from DT Durm library, eateries and entertainment!

Last Agent to Sell the Property

Emily Wade

Nest Realty of the Triangle License #282772 Listed on: 05/13/2021

Nest Realty of the Triangle

Last Buyer's Agent

Terri Turner

Weaver Street Realty License #283133

Weaver Street Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,408

Year Built

  • Built in 1912

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Wood Siding

Interior Spaces

  • 1,918 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Utility Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Unfinished Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • Garage
  • Front Facing Garage
  • Gravel Driveway
  • On-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,408

Year Built

Built in 1912

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Year Built: 1912
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1918.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 410.0
  • General Property Information Below Grade Unfinished Area: 279.0
  • General Property Information Total Unfinished Area2: 689.0
  • General Property Information Lot Size Dimensions: irr
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Above Grade Finished Area: 1918.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 4791.6
  • General Property Information Lot Size Acres: 0.11
  • General Property Information:Living Area3: 1918.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Entrance Foyer
  • Basement: Crawl Space, Exterior Entry, Unfinished
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Insert, Living Room, Wood Burning
  • Fireplaces: 2
  • Interior Features:Entrance Foyer: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Exterior Entry: Yes
  • Fireplace Features:Living Room: Yes
  • Basement:Unfinished: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Fireplace Features:Insert: Yes

Exterior Features

  • Acres: 0.11
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Garage Faces Front, Gravel, On Street
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:On Street: Yes

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: irr
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4408.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Durham - Eastway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 11, 2021
Sold by
Saunders Graham P and Saunders Caitlin P
Bought by
Tucker Karen and Lipof Jared
Seller's Agent
Emily Wade
Nest Realty of the Triangle
Buyer's Agent
Terri Turner
Weaver Street Realty
List Price
$550,000
Sold Price
$635,000
Premium/Discount to List
$85,000
15.45%
Current Estimated Value
$755,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,908
Avg. Annual Appreciation
3.58%
Original Mortgage
$300,000
Outstanding Balance
$271,613
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$484,295

Purchase Details

Closed on
May 3, 2018
Sold by
Wade Emily
Bought by
Saunders Graham P and Saunders Caitlin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2013
Sold by
Dyer John C and Dyer Jayme
Bought by
Wade Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2007
Sold by
Arf Investments
Bought by
Davis Tia

Purchase Details

Closed on
Jun 7, 2007
Sold by
Jeffrey Ellen Phillips and Rogers Alice Phillips
Bought by
Art Investments Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Tucker Karen $635,000 None Available
Saunders Graham P $440,000 None Available
Wade Emily $282,500 None Available
Davis Tia -- None Available
Art Investments Inc $16,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Tucker Karen $300,000
Previous Owner Saunders Graham P $352,000
Previous Owner Wade Emily $226,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $635,000 -- --
06/15/2021 06/15/21 Sold $635,000 +15.5% $331 / Sq Ft
05/15/2021 05/15/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $550,000 -- $287 / Sq Ft
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 $6,580 $663,744 $194,250 $469,494
2024 $5,014 $359,466 $77,700 $281,766
2023 $4,642 $354,396 $77,700 $276,696
2022 $4,536 $354,396 $77,700 $276,696
2021 $4,515 $354,396 $77,700 $276,696
2020 $4,408 $354,396 $77,700 $276,696
2019 $4,408 $354,396 $77,700 $276,696
2018 $4,475 $329,864 $49,950 $279,914
2017 $4,510 $334,949 $55,035 $279,914
2016 $4,358 $334,949 $55,035 $279,914
2015 $1,319 $95,285 $17,241 $78,044
2014 $918 $66,311 $17,241 $49,070
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Emily Wade

    Nest Realty of the Triangle

    (919) 530-9720

    1 in this area

    24 Total Sales

    Emily Wade
    Section Image
  • Terri Turner

    Buyer's Agent in 2021

    Terri Turner

    Weaver Street Realty

    (919) 923-2345

    1 in this area

    56 Total Sales

    Terri Turner
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2383342

Doorify MLS

APN: 110500

North Carolina Durham County Durham 27701 Central Park

503 Oakwood Ave, Durham, NC

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