NOT LISTED FOR SALE

520 Martha St Durham, NC 27707

Estimated Value: $190,000 - $278,000

3 Beds
2 Baths
1,234 Sq Ft
$200/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $175,000 $142 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,502/month

75 Days on Market

Highlights

  • A-Frame Home
  • No HOA
  • 1-Story Property
  • Wood Flooring
  • Entrance Foyer
  • No Heating

About This Home

As of August 2023

Property is being sold " AS IS". Interior has been demo to studs ( see pics). Extended Housing Choice/ RU-5/2 zoning. Per comments from city planning this site if existing structure is removed, has the potential to construct up to 5 units. Please confirm this with city planning department. Tax data: Please use 522 Martha St to access tax data, & use 520-522 on all offers. Tax records show 522 & street address is 520, don't know WHY? Owner has asked tax office to correct, but not done.

Last Agent to Sell the Property

Jarvis Martin

Martin & Company License #28435 Listed on: 04/28/2023

Last Buyer's Agent

Jarvis Martin

Martin & Company License #28435 Listed on: 04/28/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,468

Year Built

  • Built in 1940

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50 x 190

Home Design

  • A-Frame Home

Interior Spaces

  • 1,234 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Spaulding Elementary School
  • Githens Middle School
  • Jordan High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,468

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: 1234.0
  • Architectural Style: A-Frame
  • 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 190
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Wood: Yes
  • Architectural Style A-Frame: Yes
  • Heating None12: Yes
  • Cooling None4: Yes
  • General Property Information Above Grade Finished Area: 1234.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 9583.2
  • General Property Information Lot Size Acres: 0.22
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Interior Amenities: Entrance Foyer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Acres: 0.22
  • Construction Type: Engineered Wood

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Parking Features:None16: Yes

Utilities

  • Heating: None
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: 50 x 190
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1468.0
  • Tax Year: 2018
  • Tax Map Number: 0820-08-98-6092

MLS Schools

  • Elementary School: Durham - Spaulding

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jul 27, 2023
Sold by
520-522 Martha Street Trust
Bought by
Properties 4U Llc
Seller's Agent
Jarvis Martin
Martin & Company
Buyer's Agent
Jarvis Martin
Martin & Company
List Price
$265,000
Sold Price
$175,000
Premium/Discount to List
-$90,000
-33.96%
Views
735
Current Estimated Value
$247,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,049
Avg. Annual Appreciation
16.64%
Original Mortgage
$225,000
Outstanding Balance
$140,266
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$106,783

Purchase Details

Closed on
Nov 7, 2022
Sold by
Perry Annetta B
Bought by
520-522 Martha Street Trust
Source: Public Records

Range of Values:

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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
Properties 4U Llc $175,000 None Listed On Document
520-522 Martha Street Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Properties 4U Llc $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $175,000 -- --
08/01/2023 08/01/23 Sold $175,000 -14.6% $142 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
06/12/2023 06/12/23 Price Changed $205,000 -22.6% $166 / Sq Ft
04/27/2023 04/27/23 For Sale $265,000 -- $215 / 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 $2,513 $253,473 $106,750 $146,723
2024 $1,600 $114,700 $27,405 $87,295
2023 $1,502 $114,700 $27,405 $87,295
2022 $1,468 $114,700 $27,405 $87,295
2021 $1,461 $114,700 $27,405 $87,295
2020 $1,427 $114,700 $27,405 $87,295
2019 $1,427 $114,700 $27,405 $87,295
2018 $1,056 $77,811 $18,270 $59,541
2017 $1,048 $77,811 $18,270 $59,541
2016 $1,012 $77,811 $18,270 $59,541
2015 $843 $60,922 $20,807 $40,115
2014 $843 $60,922 $20,807 $40,115
Source: Public Records

Agents Affiliated with this Home

  • Jarvis Martin

    Seller's Agent in 2023

    Jarvis Martin

    Martin & Company

    (919) 949-1402

    27 Total Sales

    Jarvis Martin
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Map

Source: Doorify MLS

MLS Number: 2507453

Doorify MLS

APN: 116950

North Carolina Durham County Durham 27707

520 Martha St, Durham, NC

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