NOT LISTED FOR SALE

Estimated Value: $504,000 - $597,000

2 Beds
1 Bath
1,200 Sq Ft
$466/Sq Ft Est. Value

Highlights

  • Marble Flooring
  • Granite Countertops
  • Laundry Room
  • George Watts Elementary Rated A-
  • Home Office
  • 3-minute walk to Oakwood Park

About This Home

As of September 2023

Now Here's Something You Don't See Everyday -- This Hard To Find Updated 2-Level T'Home Style Apartment In A Convenient Historic DOWNTOWN Location May Be Just What You're looking For! Antique Heart of Pine Floors and Original Accents Grab Your Attention In Every Room. 10 Foot Ceilings & Outstanding Natural Interior Daylight Add To The Charming, Spacious Feel Of This Light-Filled 2-Story Apartment. Downstairs You'll Enjoy A Beautiful Kitchen With White Shaker Style Cabinets, Granite Counter-Tops, All Stainless Steel Appliances (Gas Range/Oven, 3 Door Bottom Freezer Refrigerator, Microwave/Range Hood, Dishwasher) With Ample Space For Cooking, Countertop Stool-Height Dining, General Wine-Drinking & Entertaining. The Living Room & Separate Dining Room Are Light, Bright, & Airy While The Cozy Screened-In Porch Attached To The Kitchen Is A Great Place To Keep Your Bikes Out Of Sight & Out Of Your Way Or To Quietly Enjoy Your Morning Latte. A Separate Laundry Area Includes a Full-Size, High-Efficiency Washer & A Full Sized Dryer. Upstairs Is VERY Well-Appointed With 2 Bedrooms + A Separate Flex Space Which Is Perfect For A Study, A Work Space (IDEAL for WFH), A Separate Guest Room or Just Use It for Additional Storage (WAY Too Much Stuff? I Hear Ya!) Also Upstairs Is A Pristine Bathroom With Frameless Glass Shower, Abundant Natural Daylight & Basket-Weave Marble Flooring To Help Insure You Will Always Start Your Day With A Smile On Your Face! This Extremely Walk-able Downtown HISTORIC Cleveland-Holloway Neighborhood is Just Moments & Minutes to Downtown Employment & Enjoyment - - Dining, & Entertainment Venues & Also Very Near To The Farmer's Market, Central Park, The Geer Street Dining/Entertainment Corridor, DPAC, Durham Bulls, Google's Durham HQ, American Tobacco Campus & ATC Underground ALL Are About A 10 Minute Walk From 506 N. Queen St. DUMC & Duke University Is A 10 Minute Drive or Bike Ride. The Elliot Street Dog Park is Literally 1 Block Away So Your Pooch Will Be Happy You Live Here, Too! (Woof! Woof!) This Charming, Newly Refreshed, 2-Story Apartment Is Now Available To View & Lease. So, If Living in A Brand New Box That Overlooks The Durham Freeway, or Even Worse, A Brand New Box That Overlooks A Pool You Will Be Paying For If You Use It or Not, Then 506 N. Queen St. Just Might Be The Old-School Transition You Didn't Know You Needed. Thank you For Considering This Property - We Really Appreciate It & Hope To See You There Soon!

Last Agent to Rent the Property

Tim Hock

Tim Hock Properties License #182468 Listed on: 08/08/2023

Last Renter's Agent

Tim Hock

Tim Hock Properties License #182468 Listed on: 08/08/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,585

Year Built

  • Built in 1930

Lot Details

  • 3,049

Parking

  • On-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Granite Countertops

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,365
  • Property Available on 8/24/23
  • Tenant pays for cable TV, electricity, gas, sewer, water

Community Details

Overview

  • Property has a Home Owners Association

Pet Policy

  • Pet Deposit $300
  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,585

Year Built

Built in 1930

Lot Details

0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Water
  • Lease Term: Other
  • Available Date: 2023-08-24

Listing Details

  • Year Built: 1930
  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 1200.0
  • Unit Levels: Two
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Levels Two: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • Flooring Marble: Yes
  • Contract Information Lease Term: Other
  • Contract Information Availability Date: 2023-08-24
  • Contract Information Security Deposit2: 2365.0
  • General Property Information Above Grade Finished Area: 1200.0
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Room Types Laundry2: Yes
  • Structure Type Duplex: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Marble, Wood
  • Interior Amenities: Granite Counters
  • Appliances: Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Features:Granite Counters: Yes
  • Appliances Range: Yes
  • Appliances:Oven: Yes
  • Laundry Features:In Unit: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking Features:On Street: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes
  • Fees Pet Deposit: 300.0

Association/Amenities

  • General Property Information:Association YN: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2020
Sold by
Cowen Edgar Daniel and Cowen Ann M
Bought by
Tim Hock Properties Llc
Current Estimated Value
$559,034

Purchase Details

Closed on
Jul 31, 2014
Sold by
Hock Timothy J
Bought by
Tim Hock Properties Llc

Purchase Details

Closed on
Sep 9, 2005
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Brown Kellie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,390
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 29, 2005
Sold by
Salian Dinesh
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 6, 2000
Sold by
Mohamed Khatra
Bought by
Salian Dinesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.71%
Source: Public Records

Range of Values:

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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
Tim Hock Properties Llc -- None Available
Tim Hock Properties Llc -- None Available
Brown Kellie S -- --
Federal Home Loan Mortgage Corporation $80,522 --
Salian Dinesh $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Kellie S $43,390
Previous Owner Salian Dinesh $67,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Off Market $2,365 -- --
09/26/2023 09/26/23 Rented $2,365 0.0% --
09/19/2023 09/19/23 Under Contract -- -- --
09/19/2023 09/19/23 Price Changed $2,365 0.0% $2 / Sq Ft
09/19/2023 09/19/23 Rented $2,365 +10.0% --
08/08/2023 08/08/23 For Rent $2,150 -- --
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 $4,585 $462,502 $187,250 $275,252
2024 $3,554 $254,751 $74,550 $180,201
2023 $3,337 $254,751 $74,550 $180,201
2022 $3,261 $254,751 $74,550 $180,201
2021 $3,245 $254,751 $74,550 $180,201
2020 $3,169 $254,751 $74,550 $180,201
2019 $3,169 $331,163 $74,550 $256,613
2018 $3,324 $245,011 $48,600 $196,411
2017 $3,299 $245,011 $48,600 $196,411
2016 $3,188 $245,011 $48,600 $196,411
2015 $1,333 $96,263 $11,404 $84,859
2014 $1,080 $77,983 $11,404 $66,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2525887

Doorify MLS

APN: 110505