NOT LISTED FOR SALE

507 N Waters Edge Dr Durham, NC 27703

Eastern Durham Neighborhood

Estimated Value: $377,000 - $464,000

3 Beds
2.5 Baths
1,720 Sq Ft
$240/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $360,000 $209 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,480/month

Highlights

  • Community Pool
  • Tile Flooring
  • Private Driveway
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Dogs and Cats Allowed

About This Home

As of September 2024

Amazing 3 Bedroom 2 Car Garage Home with Fireplace and Backyard @ Grove Park, Durham, Available September 6th!

Features open a bright open floor plan with LVP flooring throughout main floor. Many windows and 2 story family room with fireplace and access to the beautiful backyard, enjoy the lake view!
Second floor included 2 spacious bedrooms & a primary suite with Walk in closet, garden tub, separate shower room with double vanities. All bedrooms with ceiling fans! Washer and dryer hookup in the laundry room. Spacious Garage! Small, house broken, and mature pet is welcome. Additional pet rent $35/pet may apply.

Great community with swimming pool & tennis court.

Mins to Brier Creek, RDU, & everywhere!
Option to join the golf club!

Small, house broken, and mature pet is welcome. Additional pet rent $35/pet.

*Pictures taken before current tenant*
Please click the below link and set up a showing with us,

Please check out our website at for additional availability and online application information.

Please verify school assignments and community amenities.
This home does not accept Section 8 Housing Vouchers.
Please contact us if you have any questions.

Last Agent to Rent the Property

Leo Chan

REFOLIO Properties Inc. License #243486 Listed on: 08/05/2021

Last Renter's Agent

Leo Chan

REFOLIO Properties Inc. License #243486 Listed on: 08/05/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,547

Year Built

  • Built in 2001

Lot Details

  • 7,841

Parking

  • 2 Car Attached Garage
  • Private Driveway

Interior Spaces

  • 1,720 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,045
  • Property Available on 9/6/24
  • Tenant pays for electricity, hot water, sewer, trash collection, water
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Grove Park Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,547

Year Built

Built in 2001

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Electricity, Hot Water, Sewer, Trash Collection, Water
  • Lease Term: 12 Months
  • Available Date: 2024-09-06

Listing Details

  • Year Built: 2001
  • Prop. Type: Residential Lease
  • Subdivision Name: Grove Park
  • Above Grade Finished Sq Ft: 1720.0
  • Unit Levels: Two
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels Two: Yes
  • Flooring Vinyl: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2024-09-06
  • Contract Information Security Deposit2: 2045.0
  • General Property Information Above Grade Finished Area: 1720.0
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Pets Allowed Yes2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Community Features:Pool2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway
  • Parking Features:Driveway: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2021
Closed on
Aug 9, 2021
Sold by
Perales Joe B and Perales Katherine Christine
Bought by
Liao Jie and Zhang Yizhi
Seller's Agent
Ganna Fisher
Real Estate By Design
Buyer's Agent
Royle Sit
Cary-Raleigh Realty, Inc.
List Price
$325,000
Sold Price
$360,000
Premium/Discount to List
$35,000
10.77%
Current Estimated Value
$413,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,161
Avg. Annual Appreciation
3.33%
Original Mortgage
$249,750
Outstanding Balance
$227,100
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$186,061

Purchase Details

Closed on
Aug 15, 2008
Sold by
Garrett Melissa
Bought by
Perales Joe B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2004
Sold by
Leonpacher Patrick and Leonpacher Mary
Bought by
Garrett Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2001
Sold by
D R Horton Inc Torrey
Bought by
Leonpacher Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,292
Interest Rate
6.89%
Mortgage Type
FHA
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
Liao Jie $360,000 Atlantic Carolinas Title
Perales Joe B $177,000 None Available
Garrett Melissa $175,000 --
Leonpacher Patrick $173,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liao Jie $249,750
Previous Owner Perales Joe B $141,600
Previous Owner Perales Joe B $17,700
Previous Owner Garrett Melissa $166,250
Previous Owner Leonpacher Patrick $170,292
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/14/2024 09/14/24 Rented $2,115 +3.4% --
09/05/2024 09/05/24 Under Contract -- -- --
08/16/2024 08/16/24 Price Changed $2,045 0.0% $1 / Sq Ft
12/14/2023 12/14/23 Off Market $360,000 -- --
08/06/2021 08/06/21 Sold $360,000 0.0% $209 / Sq Ft View Prior Sale
08/05/2021 08/05/21 For Rent $2,145 0.0% --
07/05/2021 07/05/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $325,000 -- $189 / 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 $3,547 $357,821 $60,696 $297,125
2024 $2,825 $202,550 $38,940 $163,610
2023 $2,653 $202,550 $38,940 $163,610
2022 $2,592 $202,550 $38,940 $163,610
2021 $2,580 $202,550 $38,940 $163,610
2020 $2,520 $202,550 $38,940 $163,610
2019 $2,520 $202,550 $38,940 $163,610
2018 $2,647 $195,156 $38,350 $156,806
2017 $2,628 $195,156 $38,350 $156,806
2016 $2,539 $195,156 $38,350 $156,806
2015 $2,589 $187,003 $39,853 $147,150
2014 $2,589 $187,003 $39,853 $147,150
Source: Public Records

Agents Affiliated with this Home

  • L

    Landlord's Agent in 2024

    Leo Chan

    REFOLIO Properties Inc.

    (919) 415-1589

    17 Total Sales

    Leo Chan
    Section Image
  • Ganna Fisher

    Seller's Agent in 2021

    Ganna Fisher

    Real Estate By Design

    (919) 824-7816

    30 in this area

    96 Total Sales

    Ganna Fisher
    Section Image
  • Royle Sit

    Buyer's Agent in 2021

    Royle Sit

    Cary-Raleigh Realty, Inc.

    (919) 561-2166

    7 in this area

    75 Total Sales

    Royle Sit
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10039146

Doorify MLS

APN: 165875

North Carolina Durham County Durham 27703 Eastern Durham

507 N Waters Edge Dr, Durham, NC

This home is located at 507 N Waters Edge Dr, Durham, NC 27703 since 05 August 2021 and is currently priced at $413,161. This property was built in 2001. 507 N Waters Edge Dr is a home located in Durham County with nearby schools including Oak Grove Elementary, John W Neal Middle School, and Southern School of Energy & Sustainability.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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