NOT LISTED FOR SALE

508 Martha St Durham, NC 27707

Estimated Value: $236,000 - $285,000

2 Beds
1 Bath
1,044 Sq Ft
$249/Sq Ft Est. Value

Last Sold December 27, 2022

Last sale price $275,000 $263 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,585/month

34 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Private Driveway
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of December 2022

You will love this Modern Bungalow in the heart of Durham <3 It has been completely renovated, and it makes the perfect starter home or investment (like an Airbnb). Minutes away from shops, restaurants, and entertainment.. You will love the black accent wall in the living room, and laminate floors throughout. The kitchen has quartz countertops, black fixtures, and black hexagon pattern tile backsplash. Furniture is Included with an acceptable offer! Extra Upgrade List Available upon request. This is your opportunity to own a piece of Downtown Durham under 300k =)

Last Agent to Sell the Property

Michelle Vega

Movil Realty License #291399 Listed on: 09/26/2022

Last Buyer's Agent

Patricia Santibanez

EXP Realty LLC License #310254

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,170

Year Built

  • Built in 1940

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,044 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Private Driveway
  • On-Street Parking

Schools

  • Fayetteville Elementary School
  • Githens Middle School
  • Hillside High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,170

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1044.0
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Room Types Primary Bedroom Level: M
  • Architectural Style Bungalow: Yes
  • Flooring Laminate: Yes
  • General Property Information Above Grade Finished Area: 1044.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 4791.6
  • General Property Information Lot Size Acres: 0.11
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.11
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, On Street
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1170.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Durham - Fayetteville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
Vega Leonardo David
Bought by
Vega Michelle Renee and Vega Leonardo David
Current Estimated Value
$260,272

Purchase Details

Listed on
Sep 26, 2022
Closed on
Dec 6, 2022
Sold by
Capital Match Llc
Bought by
Vega Leonardo David
Seller's Agent
Michelle Vega
Movil Realty
Buyer's Agent
Patricia Santibanez
EXP Realty LLC
List Price
$275,000
Sold Price
$275,000
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.93%
Original Mortgage
$270,019
Interest Rate
6.49%

Purchase Details

Closed on
Nov 4, 2021
Sold by
Trioaks Capital Llc
Bought by
Capital Match Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 3, 2021
Sold by
Williams James Arthur and Jones Williams Rochelle
Bought by
Trioaks Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 2021
Sold by
Williams Donald and Williams George W
Bought by
Williams James Arthur and Williams Rochelle

Purchase Details

Closed on
Jan 12, 2021
Sold by
Williams Donald and Williams George W
Bought by
Williams James Arthur and Williams Rochelle
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
Vega Michelle Renee -- None Listed On Document
Vega Michelle Renee -- None Listed On Document
Vega Leonardo David $275,000 --
Capital Match Llc $125,000 Investors Title
Trioaks Capital Llc $90,000 Magnolia Title Company
Williams James Arthur -- None Available
Williams James Arthur -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vega Leonardo David $270,019
Previous Owner Capital Match Llc $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $275,000 -- --
12/27/2022 12/27/22 Sold $275,000 +1.9% $263 / Sq Ft
10/29/2022 10/29/22 Pending -- -- --
10/26/2022 10/26/22 Price Changed $269,900 -1.9% $259 / Sq Ft
10/25/2022 10/25/22 For Sale $275,000 0.0% $263 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
10/09/2022 10/09/22 Price Changed $275,000 -1.8% $263 / Sq Ft
09/25/2022 09/25/22 For Sale $280,000 -- $268 / 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 $2,681 $270,415 $98,000 $172,415
2024 $1,899 $136,106 $25,200 $110,906
2023 $1,783 $135,993 $25,087 $110,906
2022 $1,176 $91,869 $25,087 $66,782
2021 $1,170 $91,869 $25,087 $66,782
2020 $571 $91,869 $25,087 $66,782
2019 $571 $91,869 $25,087 $66,782
2018 $441 $64,989 $16,725 $48,264
2017 $438 $64,989 $16,725 $48,264
2016 $423 $64,989 $16,725 $48,264
2015 $334 $48,269 $12,147 $36,122
2014 $334 $48,269 $12,147 $36,122
Source: Public Records

Agents Affiliated with this Home

  • Michelle Vega

    Seller's Agent in 2022

    Michelle Vega

    Movil Realty

    (919) 519-4663

    238 Total Sales

    Michelle Vega
    Section Image

  • P

    Buyer's Agent in 2022

    Patricia Santibanez

    EXP Realty LLC

    (201) 328-7304

    148 Total Sales

    Patricia Santibanez
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2476042

Doorify MLS

APN: 116956

North Carolina Durham County Durham 27707

508 Martha St, Durham, NC

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