NOT LISTED FOR SALE

511 Commonwealth St Durham, NC 27703

Bethesda Neighborhood

Estimated Value: $204,000 - $237,000

3 Beds
1 Bath
1,034 Sq Ft
$213/Sq Ft Est. Value

Last Sold May 18, 2022

Last sale price $200,000 $193 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,340/month

10 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • No HOA
  • Laundry Room
  • 2-minute walk to C. R. Wood Park

About This Home

As of May 2022

Come be a part of the Bull City uptrend. This quaint and cozy range home has endless possibilities. This 3BR 1BA home is perfect for a first time home buyer or a savvy investor. A little TLC is needed. Nestled in an established community that is experiencing value appreciation. Minutes from downtown. Lot size offers potential for development. This home will not last for long. Come see for yourself.

Last Agent to Sell the Property

Terence Thomas

Terence Thomas Realty License #269991 Listed on: 04/09/2022

Last Buyer's Agent

Julie Colquitt

Sylvan Realty Llc License #280866

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,255

Year Built

  • Built in 1955

Lot Details

  • 5,401 Sq Ft Lot
  • Lot Dimensions are 50x108x50x108

Home Design

  • Ranch Style House
  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 1,034 Sq Ft Home
  • Crawl Space
  • Scuttle Attic Hole

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • Gravel Driveway
  • Unpaved Parking

Schools

  • Bethesda Elementary School
  • Lowes Grove 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

$1,255

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1034.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 50x108x50x108
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Flooring Laminate: Yes
  • Attic Features Scuttle: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Above Grade Finished Area: 1034.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 5401.44
  • General Property Information Lot Size Acres: 0.124
  • General Property Information:Living Area3: 1034.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate, Vinyl
  • Interior Amenities: Eat-in Kitchen, Primary Downstairs
  • Basement: Crawl Space
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Features:Primary Downstairs: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Acres: 0.12
  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • 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 - Lowes Grove

Lot Info

  • Lot Dimensions: 50x108x50x108
  • Lot Size Sq Ft: 5401.44
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1255.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Durham - Bethesda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
May 16, 2022
Sold by
Marcia Logan
Bought by
Vsp2 Homes 2 Llc
Seller's Agent
Terence Thomas
Terence Thomas Realty
Buyer's Agent
Julie Colquitt
Sylvan Realty Llc
List Price
$220,000
Sold Price
$200,000
Premium/Discount to List
-$20,000
-9.09%
Current Estimated Value
$219,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,806
Avg. Annual Appreciation
2.65%

Purchase Details

Closed on
Feb 2, 2017
Sold by
Alpha Contracting Llc
Bought by
Logan Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2016
Sold by
Horton Johnnie Virginia
Bought by
Alpha Contracting Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,789
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2001
Sold by
Brandon Frederick
Bought by
Horton Johnnie Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,600
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 30, 1999
Sold by
Contimortgage Corp
Bought by
The American Housing Council Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
8.22%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 24, 1998
Sold by
Mary Allen Carrington and Mary Graling D
Bought by
Contimortgage Corp
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
Vsp2 Homes 2 Llc $200,000 Harry Marsh Law Pllc
Logan Marcia $97,500 --
Alpha Contracting Llc $13,500 --
Horton Johnnie Virginia $75,000 --
The American Housing Council Inc $28,500 --
Contimortgage Corp $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Logan Marcia $78,000
Previous Owner Alpha Contracting Llc $44,789
Previous Owner Horton Johnnie Virginia $60,600
Previous Owner The American Housing Council Inc $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $200,000 -- --
05/18/2022 05/18/22 Sold $200,000 -9.1% $193 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $220,000 -- $213 / 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 $2,308 $232,860 $78,400 $154,460
2024 $1,374 $98,518 $16,860 $81,658
2023 $1,290 $98,518 $16,860 $81,658
2022 $1,261 $98,518 $16,860 $81,658
2021 $1,255 $98,518 $16,860 $81,658
2020 $1,225 $98,518 $16,860 $81,658
2019 $1,225 $98,518 $16,860 $81,658
2018 $901 $66,393 $14,050 $52,343
2017 $894 $66,393 $14,050 $52,343
2016 $864 $66,393 $14,050 $52,343
2015 $882 $63,735 $17,235 $46,500
2014 $882 $63,735 $17,235 $46,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Terence Thomas

    Terence Thomas Realty

    (919) 368-8971

    1 in this area

    9 Total Sales

    Terence Thomas
    Section Image
  • Julie Colquitt

    Buyer's Agent in 2022

    Julie Colquitt

    Sylvan Realty Llc

    (404) 522-4008

    1 in this area

    2,967 Total Sales

    Julie Colquitt
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2441313

Doorify MLS

APN: 131014

North Carolina Durham County Durham 27703 Bethesda

511 Commonwealth St, Durham, NC

Not Listed for Sale

Detached

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