NOT LISTED FOR SALE

507 Commonwealth St Durham, NC 27703

Bethesda Neighborhood

Estimated Value: $103,000 - $220,000

2 Beds
1 Bath
932 Sq Ft
$166/Sq Ft Est. Value

Last Sold January 07, 2025

Last sale price $103,250 $111 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $924/month

27 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Bathtub with Shower
  • No HOA
  • Window Unit Cooling System
  • 2-minute walk to C. R. Wood Park

About This Home

As of January 2025

This is a 2 bedroom 1 bath property with lots of potential. The property is being sold 'as is'; seller will make no repairs.

Last Agent to Sell the Property

Tama Bouncer

Agent Group Realty License #133967 Listed on: 10/09/2024

Agent Group Realty

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $791

Year Built

  • Built in 1930

Lot Details

  • 5,663 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned R-5

Home Design

  • Bungalow
  • Fixer Upper
  • Permanent Foundation
  • Shingle Roof
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • 932 Sq Ft Home
  • 1-Story Property
  • Awning
  • Living Room
  • Basement
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Primary bathroom on main floor
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • 3 Parking Spaces
  • Private Driveway
  • On-Street Parking
  • 3 Open Parking Spaces

Outdoor Features

  • Covered Patio or Porch

Schools

  • Y E Smith Elementary School
  • Lowes Grove Middle School
  • Hillside High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 131012

Home Details

Home Type

Single Family

Est. Annual Taxes

$791

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Year Built: 1930
  • Prop. Type: Residential
  • Horses: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 932.0
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Effective Year Built: 1930
  • General Property Information Basement YN: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Primary Bedroom Level: Main
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Utilities Cable Available: Yes
  • Architectural Style Bungalow: Yes
  • Property Condition Fixer: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • Utilities Phone Available: Yes
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • General Property Information Above Grade Finished Area: 932.0
  • General Property Information Carport YN: No
  • Room Types Primary Bathroom Level: Main
  • Laundry Features Washer Hookup: Yes
  • Utilities Sewer Connected: Yes
  • Room Types Laundry2: Yes
  • Foundation Details Permanent: Yes
  • Disclosures Lead Based Paint: Yes
  • Cooling Window Unit(s): Yes
  • General Property Information Lot Size Square Feet2: 5662.8
  • General Property Information Lot Size Acres: 0.13
  • General Property Information:Living Area3: 932.0
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 1930

Interior Features

  • Flooring: Carpet, Linoleum, Wood
  • Interior Amenities: Bathtub/Shower Combination
  • Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Acres: 0.13
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Construction Type: Vinyl Siding
  • Foundation Details: Permanent
  • Patio And Porch Features: Awning(s), Covered, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Patio And Porch Features:Awning(s)2: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Open Parking: Yes
  • Parking Features: Driveway, On Street
  • Total Parking Spaces: 3.0
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes
  • General Property Information:Parking Total: 3.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 3.0

Utilities

  • Utilities: Cable Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Propane
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Durham - Hillside
  • Middle Or Junior School: Durham - Lowes Grove

Lot Info

  • Zoning: R-5
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 131012
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 790.88
  • Tax Year: 2023

MLS Schools

  • Elementary School: Durham - Y E Smith

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Jan 7, 2025
Sold by
Trioaks Capital Llc
Bought by
Tian Feng Group Llc
Seller's Agent
Tama Bouncer
Agent Group Realty
Buyer's Agent
Non Member
Non Member Office
List Price
$175,000
Sold Price
$103,250
Premium/Discount to List
-$71,750
-41%
Views
48
Current Estimated Value
$154,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,289
Avg. Annual Appreciation
49.67%
Original Mortgage
$100,000
Outstanding Balance
$88,553
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$65,986

Purchase Details

Listed on
Oct 9, 2024
Closed on
Jan 6, 2025
Sold by
King George Washington and King Linda Smith
Bought by
Trioaks Capital Llc
Seller's Agent
Tama Bouncer
Agent Group Realty
Buyer's Agent
Non Member
Non Member Office
List Price
$175,000
Sold Price
$103,250
Premium/Discount to List
-$71,750
-41%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$88,553
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$65,986
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
Tian Feng Group Llc $120,000 None Listed On Document
Tian Feng Group Llc $120,000 None Listed On Document
Trioaks Capital Llc $103,500 None Listed On Document
Trioaks Capital Llc $103,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tian Feng Group Llc $100,000
Closed Tian Feng Group Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2025 01/07/25 Sold $103,250 -41.0% $111 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $175,000 -- $188 / 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 $1,393 $140,559 $78,400 $62,159
2024 $913 $65,427 $16,860 $48,567
2023 $857 $65,427 $16,860 $48,567
2022 $837 $65,427 $16,860 $48,567
2021 $833 $65,427 $16,860 $48,567
2020 $814 $65,427 $16,860 $48,567
2019 $814 $65,427 $16,860 $48,567
2018 $718 $52,953 $14,050 $38,903
2017 $713 $52,953 $14,050 $38,903
2016 $689 $52,953 $14,050 $38,903
2015 $701 $50,631 $17,235 $33,396
2014 $701 $50,631 $17,235 $33,396
Source: Public Records

Agents Affiliated with this Home

  • Tama Bouncer

    Seller's Agent in 2025

    Tama Bouncer

    Agent Group Realty

    (919) 539-7748

    1 in this area

    6 Total Sales

    Tama Bouncer
    Section Image

  • N

    Buyer's Agent in 2025

    Non Member

    Non Member Office

See All Agents

Map

Source: Doorify MLS

MLS Number: 10057188

Doorify MLS

APN: 131012

North Carolina Durham County Durham 27703 Bethesda

507 Commonwealth St, Durham, NC

Not Listed for Sale

Detached

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