NOT LISTED FOR SALE

507 N Roxboro St Durham, NC 27701

Central Park Neighborhood

Estimated Value: $516,000 - $3,806,095

4 Beds
4 Baths
1,919 Sq Ft
$1,126/Sq Ft Est. Value

Sale Details

Date Sold: March 8, 2024

Last sale price $575,000 $300 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $11,889 / mo

2 Days on Market

Highlights

  • No HOA
  • Stainless Steel Appliances
  • Laundry Room
  • George Watts Elementary Rated A-
  • Front Porch
  • Luxury Vinyl Tile Flooring

About This Home

As of March 2024

Amazing and rare Downtown Durham duplex. Fully furnished 2BR/1.5BA units ready for Airbnb. Or live in one side and rent the other. Stainless steel appliances, low-maintenance LPV flooring, and high ceilings. Great floor plan with living area downstairs and bedrooms and full bathroom upstairs. Across the street from luxury townhouses and $1 mil+ condos. You can't beat the location being so close to everything Downtown Durham has to offer!

Last Agent to Sell the Property

John Whaley

Frasher Whaley Realty Group License #262351 Listed on: 02/02/2024

Last Buyer's Agent

Christopher McKeel

McKeel Properties License #122418

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,556

Year Built

  • Built in 2018

Lot Details

  • 3,485 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,919 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Luxury Vinyl Tile Flooring
  • Scuttle Attic Hole

Kitchen

  • Electric Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • 2 Open Parking Spaces

Outdoor Features

  • Rain Gutters
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for taxes
  • Assessor Parcel Number 0831-08-9043

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,556

Year Built

Built in 2018

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Year Built: 2018
  • Prop. Type: Residential Income
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1919.0
  • Unit Levels: Two
  • New Construction: No
  • Effective Year Built: 2018
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Levels Two: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Attic Features Scuttle: Yes
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1919.0
  • Structure Type Duplex: Yes
  • General Property Information Lot Size Square Feet2: 3485.0
  • General Property Information Lot Size Acres: 0.08
  • Cooling Separate Meters: Yes
  • General Property Information:Living Area3: 1919.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Flooring: Luxury Vinyl
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Stainless Steel Appliance(s), Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Stainless Steel Appliance(s): Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters
  • Acres: 0.08
  • Disclosures: Seller Disclosure
  • Home Warranty: No
  • Common Walls: 1 Common Wall
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Front Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air, Dual, Separate Meters
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 3485.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0831-08-9043

Rental Info

  • Tenant Pays: All Utilities
  • Owner Pays: Taxes

Tax Info

  • Tax Annual Amount: 4555.58
  • Tax Year: 2023
  • Tax Map Number: 02

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Furnished: All Units
  • Number Of Units Vacant: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 4, 2024
Sold by
Southern Repair Service Inc
Bought by
First Baptist Church Of Durham North Carolina
Seller's Agent
John Whaley
Frasher Whaley Realty Group
Buyer's Agent
Christopher McKeel
McKeel Properties
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%
Views
12
Current Estimated Value
$2,118,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,543,157
Avg. Annual Appreciation
82.54%
Original Mortgage
$400,000
Outstanding Balance
$393,421
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$1,767,627
Source: Public Records
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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
First Baptist Church Of Durham North Carolina $575,000 None Listed On Document
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 First Baptist Church Of Durham North Carolina $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $575,000 +4.5% $300 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
02/02/2024 02/02/24 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 -- $2,415,299 $2,100,000 $315,299
2024 $4,851 $347,781 $75,320 $272,461
2023 $4,556 $347,781 $75,320 $272,461
2022 $4,451 $347,781 $75,320 $272,461
2021 $4,430 $347,781 $75,320 $272,461
2020 $4,326 $293,289 $75,320 $217,969
2019 $4,018 $323,013 $75,320 $247,693
2018 $1,182 $87,162 $40,350 $46,812
2017 $1,174 $87,162 $40,350 $46,812
2016 $1,134 $91,015 $40,350 $50,665
2015 $923 $66,667 $16,489 $50,178
2014 $923 $66,667 $16,489 $50,178
Source: Public Records

Agents Affiliated with this Home

  • John Whaley

    Seller's Agent in 2024

    John Whaley

    Frasher Whaley Realty Group

    (919) 475-3891

    6 in this area

    99 Total Sales

    John Whaley
    Section Image
  • Christopher McKeel

    Buyer's Agent in 2024

    Christopher McKeel

    McKeel Properties

    (919) 949-1652

    1 in this area

    3 Total Sales

    Christopher McKeel
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10009385

Doorify MLS

APN: 110398

North Carolina Durham County Durham 27701 Central Park

507 N Roxboro St, Durham, NC

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