NOT LISTED FOR SALE

Estimated Value: $537,000 - $578,587

3 Beds
2 Baths
1,946 Sq Ft
$286/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $485,000 $249 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,320/month

20 Days on Market

Highlights

  • The property is located in a historic district
  • 0.36 Acre Lot
  • Wood Flooring
  • George Watts Elementary Rated A-
  • Cape Cod Architecture
  • Main Floor Bedroom

About This Home

As of November 2022

Been dreaming of Downtown living without sacrificing space? Never fear, 523 E Geer is HERE! Just as Superman transforms to fight evil, this 1940 cape cod cutie has been lovingly transformed and updated - top to bottom! Beautiful old hardwoods and huge windows throughout create all of the cozy vibes you want in this season. Just a 1 mile walk to into the beautiful Metropolis that is Downtown Durham! Prettier than Lois Lane, the kitchen is beautifully appointed and flows into spacious living and dining Luxurious owners' suite with soaking tub & 2+ walk in closets 3 spacious bedrooms plus a home office/sunroom! Walk-in basement for added storage Detached wired workshop is perfect for future ADU, Airbnb, or home studio! Huge lot with old hardwoods and mature fruit trees, tons of off-street parking & wired for vehicle charger or RV Attached 1 car garage New roof, dual fuel HVAC, 200 amp electrical, and appliances all within past 2 years! Once you set foot inside, this beauty will surely be your kryptonite.

Last Agent to Sell the Property

Marie Brockenbrough

Inhabit Real Estate License #279772 Listed on: 10/07/2022

Last Buyer's Agent

Gena Winstead

Choice Residential Real Estate License #246200

Choice Residential Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,073

Year Built

  • Built in 1940

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 145x106
  • Corner Lot
  • Landscaped with Trees

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Rear-Facing Garage
  • Circular Driveway
  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Traditional Architecture
  • Cottage
  • Bungalow
  • Wood Siding

Interior Spaces

  • 1,946 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Workshop
  • Sun or Florida Room
  • Wood Flooring
  • Unfinished Attic
  • Unfinished Basement

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Bathtub
  • Separate Shower

Laundry

  • Laundry on upper level
  • Stacked Washer and Dryer

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Outbuilding

Location

  • The property is located in a historic district

Schools

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

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,073

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1940
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1946.0
  • Architectural Style: Bungalow, Cape Cod, Cottage, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 246.0
  • General Property Information Below Grade Unfinished Area: 404.0
  • General Property Information Total Unfinished Area2: 650.0
  • General Property Information Lot Size Dimensions: 145x106
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Other Structures Outbuilding: Yes
  • Room Types Living Room2: Yes
  • Interior Features Bathtub Only: Yes
  • Room Types Sunroom: Yes
  • Architectural Style Bungalow: Yes
  • Other Structures Workshop: Yes
  • Room Types Workshop2: Yes
  • Community Features Historical Area: Yes
  • Architectural Style Cottage: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Above Grade Finished Area: 1946.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 15681.6
  • General Property Information Lot Size Acres: 0.36
  • General Property Information:Living Area3: 1946.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Bathtub Only, Bookcases, Ceiling Fan(s), Entrance Foyer, High Speed Internet, Kitchen/Dining Room Combination, Separate Shower, Tile Counters, Walk-In Closet(s), Walk-In Shower
  • Basement: Unfinished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer/Dryer Stacked
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Tile Counters: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Basement:Unfinished: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.36
  • Construction Type: Wood Siding
  • Patio And Porch Features: Patio
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Circular Driveway, Driveway, Garage, Garage Faces Front, Garage Faces Rear, Gravel
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Circular Driveway: Yes
  • Parking Features:Garage Faces Rear: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Heat Pump, Natural Gas, Zoned
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Historical Area
  • 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: 145x106
  • Lot Size Sq Ft: 15681.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3073.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Eastway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Nov 28, 2022
Sold by
Cragg Helena and Cragg Sylvia J
Bought by
Barksdale Andrew and Wingate-Bey Sierra Loren
Seller's Agent
Marie Brockenbrough
Inhabit Real Estate
Buyer's Agent
Gena Winstead
Choice Residential Real Estate
List Price
$550,000
Sold Price
$485,000
Premium/Discount to List
-$65,000
-11.82%
Views
1
Current Estimated Value
$556,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,147
Avg. Annual Appreciation
4.53%
Original Mortgage
$468,813
Outstanding Balance
$455,077
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$101,070

Purchase Details

Closed on
May 6, 2014
Sold by
Staab Howard
Bought by
Cragg Helena and Williams Sylvia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2013
Sold by
Cooper Ida Mae
Bought by
Staab Howard

Purchase Details

Closed on
Jan 4, 2007
Sold by
Cooper Ida Mae
Bought by
Cooper Ida Mae and The Equity Group Realty Inc

Purchase Details

Closed on
Apr 22, 2005
Sold by
Cooper Jill Turner and Cooper Ronald
Bought by
Cooper Ida Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2004
Sold by
Hud
Bought by
Cooper Ronald and Cooper Jill Turner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2004
Sold by
Nobles Shiloh Ann
Bought by
Hud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barksdale Andrew $485,000 --
Cragg Helena $100,000 None Available
Staab Howard $33,602 None Available
Cooper Ida Mae -- None Available
Cooper Ida Mae $130,000 --
Cooper Ronald -- --
Hud $75,425 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barksdale Andrew $468,813
Previous Owner Cragg Helena $80,000
Previous Owner Cooper Ida Mae $117,000
Previous Owner Cooper Ronald $53,000
Closed Cooper Ida Mae $13,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $485,000 -- --
11/28/2022 11/28/22 Sold $485,000 -2.8% $249 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/17/2022 10/17/22 Price Changed $499,000 -9.3% $256 / Sq Ft
10/07/2022 10/07/22 For Sale $550,000 -- $283 / 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 $4,973 $501,676 $204,000 $297,676
2024 $3,349 $240,064 $136,000 $104,064
2023 $3,145 $240,064 $136,000 $104,064
2022 $3,073 $240,064 $136,000 $104,064
2021 $3,058 $240,064 $136,000 $104,064
2020 $2,986 $240,064 $136,000 $104,064
2019 $2,986 $240,064 $136,000 $104,064
2018 $1,680 $123,817 $44,200 $79,617
2017 $1,667 $123,817 $44,200 $79,617
2016 $1,611 $123,817 $44,200 $79,617
2015 $1,122 $81,047 $17,593 $63,454
2014 $1,122 $81,047 $17,593 $63,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2477797

Doorify MLS

APN: 109834