NOT LISTED FOR SALE

5402 Garrett Rd Durham, NC 27707

Patterson Place Neighborhood

Estimated Value: $950,000 - $1,042,000

3.45 Acres
$294,171 Price per Acre
150,282 Sq Ft Lot

Last Sold March 02, 2022

Last sale price $550,000

Est. 81% increase in value since last sale

Current estimated payment $5,991/month

149 Days on Market

Highlights

  • 3.45 Acre Lot
  • Brush Vegetation
  • Level Lot
  • Wooded Lot

About This Lot

As of March 2022

Land Planner observations are provided. These are not to be considered. a FINAL. PLAN .....ONLY A POSSIBILITY. The buyer will need. to hire their own PROJECT PLANNER!. Per the Planner there will be no need for REZONING only RECOMBINATION SURVEYS TO establish a final plan.. Planner estimates there should be at least 9 lots that can be re designed out from the 3 parcels being sold.. Home on Cavalier property is currently leased and most likely a tear down but dislcoiusres are provided for this home

Last Agent to Sell the Property

Janet Breedlove

West & Woodall Real Estate - D License #65246 Listed on: 07/23/2021

West & Woodall Real Estate - D

Last Buyer's Agent

Matt Lunceford Blivin

Compass -- Raleigh License #325555

Compass -- Raleigh

Property Details

Property Type

  • Land

Lot Details

  • 3.45 Acre Lot
  • Brush Vegetation
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R20

Parking

  • Driveway

Schools

  • Creekside Elementary School
  • Githens Middle School
  • Jordan High School

Listing and Financial Details

  • Property held in a trust

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • Water Source Public: Yes
  • Lot Features Partially Cleared: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Vegetation Cleared2: Yes
  • Vegetation Brush: Yes
  • Lot Features Driveway2: Yes
  • Special Listing Conditions Trust: Yes
  • General Property Information Lot Size Acres: 3.45
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 3.45
  • Lot Features:Wooded: Yes
  • Lot Features:Level: Yes

Utilities

  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Schools

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

Lot Info

  • Zoning: R20
  • Current Use: Unimproved, Vacant
  • Lot Size Sq Ft: 150282.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Durham - Creekside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Enclave On Garrett Llc
Bought by
Friedman Seth and Ferrell Juliana Marie
Current Estimated Value
$995,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$771,751
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$243,138

Purchase Details

Listed on
Jul 23, 2021
Closed on
Mar 1, 2022
Sold by
Gjk Llc
Bought by
Enclave At Garrett Llc
Seller's Agent
Janet Breedlove
West & Woodall Real Estate - D
Buyer's Agent
Matt Lunceford Blivin
Compass -- Raleigh
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.69%

Purchase Details

Closed on
Oct 17, 2006
Sold by
Schlitz Kaye C and Lyons Joyce C
Bought by
Gjk Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Friedman Seth $975,000 None Listed On Document
Enclave At Garrett Llc $550,000 Gwynn Edwards & Getter Pa
Gjk Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedman Seth $780,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $550,000 -- --
03/02/2022 03/02/22 Sold $550,000 0.0% --
12/19/2021 12/19/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $550,000 -- --
Source: Doorify MLS

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 $9,882 $996,872 $226,050 $770,822
2024 $3,966 $284,317 $51,375 $232,942
2023 $673 $51,375 $51,375 $0
2022 $2,076 $162,196 $79,631 $82,565
2021 $2,066 $162,196 $79,631 $82,565
2020 $2,018 $162,196 $79,631 $82,565
2019 $2,018 $162,196 $79,631 $82,565
2018 $1,629 $120,121 $73,027 $47,094
2017 $1,617 $120,121 $73,027 $47,094
2016 $1,563 $120,121 $73,027 $47,094
2015 $994 $71,788 $47,180 $24,608
2014 $994 $71,788 $47,180 $24,608
Source: Public Records

Agents Affiliated with this Home

  • Janet Breedlove

    Seller's Agent in 2022

    Janet Breedlove

    West & Woodall Real Estate - D

    (919) 971-1311

    3 in this area

    48 Total Sales

    Janet Breedlove
    Section Image
  • Matt Lunceford Blivin

    Buyer's Agent in 2022

    Matt Lunceford Blivin

    Compass -- Raleigh

    (919) 323-0527

    7 in this area

    81 Total Sales

    Matt Lunceford Blivin
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2397651

Doorify MLS

APN: 140036

North Carolina Durham County Durham 27707 Patterson Place

5402 Garrett Rd, Durham, NC

Not Listed for Sale

Lots

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