NOT LISTED FOR SALE

505 Lodestone Dr Durham, NC 27703

Eastern Durham Neighborhood

Estimated Value: $299,316 - $334,000

3 Beds
2 Baths
1,287 Sq Ft
$242/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $306,000 $238 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,886/month

10 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Carpet
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of January 2022

This Durham home has one story. This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Verria Hairston

Opendoor Brokerage LLC License #309654 Listed on: 12/11/2021

Last Buyer's Agent

Steve Casselman

EXP REALTY OF PIEDMONT NC LLC License #272611

EXP REALTY OF PIEDMONT NC LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,855

Year Built

  • Built in 2002

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 75x100x75x100

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,287 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Oakgrove Elementary School
  • Neal Middle School
  • Southern High School

Utilities

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

Community Details

  • Cedar Management Group Association
  • Stone Hill Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,855

Year Built

Built in 2002

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Year Built: 2002
  • Prop. Type: Residential
  • Subdivision Name: Stone Hill Estates
  • Above Grade Finished Sq Ft: 1287.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 75x100x75x100
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • General Property Information Above Grade Finished Area: 1287.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Lot Size Acres: 0.17
  • General Property Information:Living Area3: 1287.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.17
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Parking Features:None16: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 154.0
  • Association Fee Frequency: Annually
  • Association Name: Cedar Management Group
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Cedar Management Group
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 154.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Durham - Southern
  • Middle Or Junior School: Durham - Neal

Lot Info

  • Lot Dimensions: 75x100x75x100
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1855.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Durham - Oakgrove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2021
Closed on
Jan 13, 2022
Sold by
Opendoor Property J Llc
Bought by
Mch Sfr Nc Owner 2 Lp
Seller's Agent
Verria Hairston
Opendoor Brokerage LLC
Buyer's Agent
Steve Casselman
EXP REALTY OF PIEDMONT NC LLC
List Price
$292,000
Sold Price
$306,000
Premium/Discount to List
$14,000
4.79%
Current Estimated Value
$310,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,829
Avg. Annual Appreciation
0.40%

Purchase Details

Closed on
Nov 8, 2021
Sold by
Sutton Susan A
Bought by
Opendoor Property J Llc

Purchase Details

Closed on
Sep 28, 2006
Sold by
Reed Tapp Tojanno and Tapp Brian Devon
Bought by
Sutton Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,354
Interest Rate
6.48%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 2002
Sold by
Beazer Homes Corp
Bought by
Tapp Brian Devon and Tapp Tojanno Reed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,993
Interest Rate
6.81%
Mortgage Type
FHA
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

Date Buyer Sale Price Title Company
Mch Sfr Nc Owner 2 Lp $306,000 Hankin & Pack Pllc
Opendoor Property J Llc $234,000 None Available
Sutton Susan A $132,500 None Available
Tapp Brian Devon $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sutton Susan A $130,354
Previous Owner Tapp Brian Devon $118,993
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $306,000 -- --
01/18/2022 01/18/22 Sold $306,000 +4.8% $238 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $292,000 -- $227 / 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 $2,983 $300,875 $105,300 $195,575
2024 $1,908 $145,687 $29,300 $116,387
2023 $1,908 $145,687 $29,300 $116,387
2022 $1,865 $145,687 $29,300 $116,387
2021 $1,856 $145,687 $29,300 $116,387
2020 $1,812 $145,687 $29,300 $116,387
2019 $1,812 $145,687 $29,300 $116,387
2018 $1,672 $123,234 $23,440 $99,794
2017 $1,659 $123,234 $23,440 $99,794
2016 $1,603 $123,234 $23,440 $99,794
2015 $1,625 $117,365 $26,661 $90,704
2014 $1,625 $117,365 $26,661 $90,704
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    Verria Hairston

    Opendoor Brokerage LLC

  • S

    Buyer's Agent in 2022

    Steve Casselman

    EXP REALTY OF PIEDMONT NC LLC

    (704) 773-4345

    13 in this area

    1,793 Total Sales

    Steve Casselman
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Map

Source: Doorify MLS

MLS Number: 2422831

Doorify MLS

APN: 162160

North Carolina Durham County Durham 27703 Eastern Durham

505 Lodestone Dr, Durham, NC

Not Listed for Sale

Detached

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