NOT LISTED FOR SALE

5308 Mccormick Rd Durham, NC 27713

Estimated Value: $430,000 - $476,000

4 Beds
2 Baths
1,692 Sq Ft
$266/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $487,000 $288 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,747/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 1 Fireplace
  • Deck
  • Main Floor Primary Bedroom
  • Living Room

About This Home

As of May 2022

This stunning 4 BR cape cod is calling your name! The renovated kitchen features black granite counters, crisp white cabinets, stainless steel appliances, modern sub tile backsplash, and gleaming hardwoods. The first-floor primary bedroom boasts a newly renovated en-suite bathroom and dual closets. All bedrooms have new carpet. Enjoy the new spacious deck and large shaded back yard. Walking trails, two lakes, and multiple playgrounds all nearby. Under 3 miles to RTP, 7 miles to UNC, & 9 miles to Duke!

Last Agent to Sell the Property

Bill Stevenson

Compass -- Chapel Hill - Durham License #270112 Listed on: 04/16/2022

Compass -- Chapel Hill - Durham

Last Buyer's Agent

Taylor Oldham

Choice Residential Real Estate License #314461

Choice Residential Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,875

Year Built

  • Built in 1979

Lot Details

  • 0.28

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • Private Driveway

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Masonite

Interior Spaces

  • 1,692 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Deck
  • 0.28 Acre Lot

Community Details

  • Parkwood Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,875

Year Built

Built in 1979

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Year Built: 1979
  • Prop. Type: Residential
  • Subdivision Name: Parkwood
  • Above Grade Finished Sq Ft: 1692.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: Please see public record
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Living Room2: Yes
  • General Property Information Above Grade Finished Area: 1692.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 12240.36
  • General Property Information Lot Size Acres: 0.281
  • General Property Information:Living Area3: 1692.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Interior Amenities: Entrance Foyer
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.28
  • Construction Type: Brick, Masonite
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Masonite: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 250.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Durham - Hillside
  • Middle Or Junior School: Durham - Lowes Grove

Lot Info

  • Lot Dimensions: Please see public record
  • Lot Size Sq Ft: 12240.36
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2875.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Durham - Parkwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2022
Closed on
May 10, 2022
Sold by
Ogbum and Sara
Bought by
Franklin Derek Adam
Seller's Agent
Bill Stevenson
Compass -- Chapel Hill - Durham
Buyer's Agent
Taylor Oldham
Choice Residential Real Estate
List Price
$449,000
Sold Price
$487,000
Premium/Discount to List
$38,000
8.46%
Current Estimated Value
$449,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,110
Avg. Annual Appreciation
-2.17%
Original Mortgage
$441,750
Outstanding Balance
$419,728
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$30,162

Purchase Details

Closed on
Dec 11, 2019
Sold by
Stromberg Jennifer Danielle
Bought by
Ogburn Austin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,487
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2018
Sold by
Chang Wei An Andy
Bought by
Stromberg Jennifer Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2016
Sold by
Jones Brandon H
Bought by
Chang Wei-An Andy and Stromberg Jennifer Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,525
Interest Rate
3.59%

Purchase Details

Closed on
Sep 22, 2014
Sold by
Biddy Steve and Biddy Carla
Bought by
Jones Brandon H and Jones Erin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
4.2%

Purchase Details

Closed on
Jun 9, 2014
Sold by
Secretary Of Veterans Affairs
Bought by
Biddy Steve

Purchase Details

Closed on
Apr 22, 2014
Sold by
Jones Paula Gibson
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Nov 29, 1999
Sold by
Kielar Catherine and Kielar Blaise
Bought by
Jones Paula Gibson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8%
Mortgage Type
VA
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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Purchase History

Date Buyer Sale Price Title Company
Franklin Derek Adam $487,000 Mitchell & Associates Law Firm
Ogburn Austin $257,500 None Available
Stromberg Jennifer Danielle -- None Available
Chang Wei-An Andy $205,000 --
Jones Brandon H $182,500 None Available
Biddy Steve -- None Available
Secretary Of Veterans Affairs $117,369 None Available
Jones Paula Gibson $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Derek Adam $441,750
Previous Owner Ogburn Austin $348,487
Previous Owner Stromberg Jennifer Danielle $186,500
Previous Owner Chang Wei-An Andy $189,525
Previous Owner Jones Brandon H $161,500
Previous Owner Jones Paula Gibson $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $487,000 -- --
05/27/2022 05/27/22 Sold $487,000 +8.5% $288 / Sq Ft
04/24/2022 04/24/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $449,000 -- $265 / 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 $4,489 $452,889 $128,000 $324,889
2024 $3,149 $225,715 $38,430 $187,285
2023 $2,957 $225,715 $38,430 $187,285
2022 $2,889 $225,715 $38,430 $187,285
2021 $2,875 $218,035 $38,430 $179,605
2020 $2,653 $213,315 $38,430 $174,885
2019 $2,653 $213,315 $38,430 $174,885
2018 $2,344 $172,785 $35,227 $137,558
2017 $2,327 $172,785 $35,227 $137,558
2016 $2,248 $172,785 $35,227 $137,558
2015 $2,246 $162,251 $25,051 $137,200
2014 $2,246 $162,251 $25,051 $137,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2442746

Doorify MLS

APN: 152426