NOT LISTED FOR SALE

515 E Geer St Durham, NC 27701

Old North Durham Neighborhood

Estimated Value: $314,000 - $330,000

2 Beds
1 Bath
1,275 Sq Ft
$253/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $285,000 $224 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,923/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • No HOA
  • George Watts Elementary Rated A-
  • Wood Flooring
  • Den

About This Home

As of February 2022

Own a piece of the historic Old North Durham!! Minutes to Downtown, charming & cozy, this 2 bedroom ranch home also has an open concept making it very unique. Vaulted ceilings in the living area, w/ an open kitchen & dining room, while the den provides a warmth that only a nostalgic home can provide. Let your creativity take over in the enormous backyard, raised garden beds & grilling pad provided. Carry on this legacy, whether you're a 1st time homebuyer, or looking to create wealth, opportunity is here!

Last Agent to Sell the Property

Ethan Ocean

The Ocean Group License #282363 Listed on: 12/17/2021

Last Buyer's Agent

Jennifer Dixon

Keller Williams Central License #297033

Keller Williams Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,667

Year Built

  • Built in 1953

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 50 x 228 x 50 x 227
  • Landscaped
  • Open Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,275 Sq Ft Home
  • Bookcases
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Den
  • Crawl Space

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • Private Driveway
  • Unpaved Parking

Outdoor Features

  • Porch

Schools

  • Eastway Elementary School
  • Lucas Middle School
  • Northern High School

Utilities

  • Cooling System Powered By Gas
  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,667

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Year Built: 1953
  • Prop. Type: Residential
  • Road Frontage Type: Other
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1275.0
  • 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: 50 x 228 x 50 x 227
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Room Types Den2: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Laminate: Yes
  • Heating Gas Pack2: Yes
  • General Property Information Above Grade Finished Area: 1275.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 11325.6
  • General Property Information Lot Size Acres: 0.26
  • General Property Information:Living Area3: 1275.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Laminate
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Kitchen/Dining Room Combination, Vaulted Ceiling(s), Walk-In Closet(s)
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.26
  • Construction Type: Brick
  • Patio And Porch Features: Porch
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Open Lot: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

  • Heating: Gas Pack, Natural Gas
  • Cooling: Gas Pack
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Durham - Northern
  • Middle Or Junior School: Durham - Lucas

Lot Info

  • Lot Dimensions: 50 x 228 x 50 x 227
  • Lot Size Sq Ft: 11325.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2667.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Durham - Eastway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2021
Closed on
Feb 1, 2022
Sold by
Hannah Rogers Joann
Bought by
Macadam Emma
Seller's Agent
Ethan Ocean
The Ocean Group
Buyer's Agent
Jennifer Dixon
Keller Williams Central
List Price
$249,000
Sold Price
$285,000
Premium/Discount to List
$36,000
14.46%
Current Estimated Value
$322,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,131
Avg. Annual Appreciation
3.17%
Original Mortgage
$213,750
Outstanding Balance
$197,675
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$124,456
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
Macadam Emma $285,000 Mann Mcgibney & Jordan Pllc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macadam Emma $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $285,000 -- --
02/01/2022 02/01/22 Sold $285,000 +14.5% $224 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/17/2021 12/17/21 For Sale $249,000 -- $195 / 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 $2,880 $290,546 $189,000 $101,546
2024 $2,921 $209,398 $125,800 $83,598
2023 $2,743 $209,398 $125,800 $83,598
2022 $2,680 $209,398 $125,800 $83,598
2021 $2,668 $209,398 $125,800 $83,598
2020 $2,605 $209,398 $125,800 $83,598
2019 $2,605 $209,398 $125,800 $83,598
2018 $1,735 $127,901 $40,885 $87,016
2017 $1,722 $127,901 $40,885 $87,016
2016 $1,664 $127,901 $40,885 $87,016
2015 $1,071 $77,368 $16,724 $60,644
2014 $1,071 $77,368 $16,724 $60,644
Source: Public Records

Agents Affiliated with this Home

  • Ethan Ocean

    Seller's Agent in 2022

    Ethan Ocean

    The Ocean Group

    (919) 539-3804

    1 in this area

    67 Total Sales

    Ethan Ocean
    Section Image

  • J

    Buyer's Agent in 2022

    Jennifer Dixon

    Keller Williams Central

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2423588

Doorify MLS

APN: 109832

North Carolina Durham County Durham 27701 Old North Durham

515 E Geer St, Durham, NC

Not Listed for Sale

Detached

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