NOT LISTED FOR SALE

510 Gray Ave Durham, NC 27701

Central Park Neighborhood

Estimated Value: $508,000 - $593,000

3 Beds
2 Baths
1,438 Sq Ft
$385/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $535,000 $372 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,313/month

23 Days on Market

Highlights

  • Deck
  • Farmhouse Style Home
  • No HOA
  • Wood Flooring
  • 1 Fireplace
  • Living Room

About This Home

As of April 2023

DO YOU WANT TO LIVE DOWNTOWN DURHAM This vintage Craftsman BUNGALOW is a mere 10-minute walk from Bustling City Center with an OASIS of space and nature in a mature old neighborhood. Enjoy beautiful yet practical touches: ORIGINAL RESTORED hardwood floors, the period wooden fireplace surrounded with a gas fireplace. The master bath has classic black-and-white marble tile floors, and a chic glass-enclosed shower, with natural light. Italian bistro-style white marble counters with upper cabinet storage. Schedule a showing today!!

Last Agent to Sell the Property

Kevin Fairfax

RE/MAX One Hundred License #263060 Listed on: 02/04/2023

RE/MAX One Hundred

Last Buyer's Agent

Darcy Piscitelli

Five Over Four Realty License #156464

Five Over Four Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,490

Year Built

  • Built in 1924

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 52x144x52x144

Parking

  • Gravel Driveway

Home Design

  • Farmhouse Style Home
  • Wood Siding

Interior Spaces

  • 1,438 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Parkwood Elementary School
  • Lowes Grove Middle School
  • Hillside High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,490

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Year Built: 1924
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1438.0
  • Architectural Style: Farm House
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 52x144x52x144
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Architectural Style Farm House: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Living Room2: Yes
  • General Property Information Above Grade Finished Area: 1438.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Lot Size Acres: 0.17
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.17
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: 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

  • Lot Dimensions: 52x144x52x144
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3490.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Parkwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
Mar 29, 2023
Sold by
Cage Thomas F
Bought by
Moomaw Michael J
Seller's Agent
Kevin Fairfax
RE/MAX One Hundred
Buyer's Agent
Darcy Piscitelli
Five Over Four Realty
List Price
$630,000
Sold Price
$535,000
Premium/Discount to List
-$95,000
-15.08%
Views
63
Current Estimated Value
$554,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,129
Avg. Annual Appreciation
1.47%
Original Mortgage
$428,000
Outstanding Balance
$416,336
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$137,793

Purchase Details

Closed on
Aug 20, 2020
Sold by
Maze Hill Llc
Bought by
Cage Thomas F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2016
Sold by
Hill Barrington
Bought by
Maze Hill Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2014
Sold by
Alderman Christopher Lee
Bought by
Hill Barrington and Hill Kimberly

Purchase Details

Closed on
Apr 24, 2012
Sold by
Williams Grace E
Bought by
Hill Marth and Hill Michael

Purchase Details

Closed on
Mar 21, 2012
Sold by
Cox Daniel B and Cox Marguerite J
Bought by
Alderman Christopher Lee

Purchase Details

Closed on
Jan 6, 2009
Sold by
National Asset Management Group
Bought by
National Asset Management Group Llc

Purchase Details

Closed on
Nov 3, 2008
Sold by
American Home Mortgage Servicing Inc
Bought by
National Asset Management Group

Purchase Details

Closed on
Sep 3, 2008
Sold by
Cato Vanessa J and Cato Clifton
Bought by
American Home Mortgage Servicing Inc

Purchase Details

Closed on
Feb 15, 2006
Sold by
Centex Home Equity Co Llc
Bought by
Cato Vanessa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 23, 2004
Sold by
Myles Conrade B and Myles Nancy
Bought by
Centex Home Equity Co Llc
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
Moomaw Michael J $535,000 None Listed On Document
Cage Thomas F $400,000 None Available
Maze Hill Llc -- --
Hill Barrington $52,000 None Available
Hill Marth $43,000 None Available
Alderman Christopher Lee $15,000 None Available
National Asset Management Group Llc -- Madison Title Agency Llc
National Asset Management Group -- None Available
National Asset Management Group $5,000 Madison Title Agency Llc
American Home Mortgage Servicing Inc $60,992 None Available
Cato Vanessa J $14,000 None Available
Centex Home Equity Co Llc $65,298 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moomaw Michael J $428,000
Previous Owner Cage Thomas F $312,000
Previous Owner Maze Hill Llc $500,000
Previous Owner Maze Hill Llc $1,156,723
Previous Owner Maze Hill Llc $750,000
Previous Owner Maze Hill Llc $750,000
Previous Owner Cato Clifton $52,000
Previous Owner Cato Vanessa J $40,000
Previous Owner Myles Nancy $62,250
Previous Owner Myles Nancy $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $535,000 -- --
04/11/2023 04/11/23 Sold $535,000 -2.7% $372 / Sq Ft
02/26/2023 02/26/23 Pending -- -- --
02/24/2023 02/24/23 Price Changed $550,000 -1.8% $382 / Sq Ft
02/07/2023 02/07/23 Price Changed $560,000 -11.1% $389 / Sq Ft
02/03/2023 02/03/23 For Sale $630,000 -- $438 / 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
2024 $3,801 $272,506 $81,900 $190,606
2023 $3,570 $272,506 $81,900 $190,606
2022 $3,488 $272,506 $81,900 $190,606
2021 $3,471 $272,506 $81,900 $190,606
2020 $3,390 $272,506 $81,900 $190,606
2019 $3,390 $272,506 $81,900 $190,606
2018 $3,226 $237,854 $38,025 $199,829
2017 $3,203 $237,854 $38,025 $199,829
2016 $3,095 $237,854 $38,025 $199,829
2015 $890 $64,328 $16,113 $48,215
2014 $890 $64,328 $16,113 $48,215
Source: Public Records

Agents Affiliated with this Home

  • Kevin Fairfax

    Seller's Agent in 2023

    Kevin Fairfax

    RE/MAX

    (919) 235-5216

    2 in this area

    95 Total Sales

    Kevin Fairfax
    Section Image

  • D

    Buyer's Agent in 2023

    Darcy Piscitelli

    Five Over Four Realty

    (919) 649-6321

    1 in this area

    37 Total Sales

    Darcy Piscitelli
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2493574

Doorify MLS

APN: 110625

North Carolina Durham County Durham 27701 Central Park

510 Gray Ave, Durham, NC

This home is located at 510 Gray Ave, Durham, NC 27701 since 04 February 2023 and is currently estimated at $554,129, approximately $385 per square foot. This property was built in 1924. 510 Gray Ave is a home located in Durham County with nearby schools including Eastway Elementary, W.G. Pearson Elementary School, and Brogden Middle.

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.

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