NOT LISTED FOR SALE

5438 Reese Rd Durham, NC 27712

North Durham Neighborhood

Estimated Value: $367,000 - $394,000

3 Beds
2.5 Baths
1,690 Sq Ft
$226/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $395,000 $234 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,292/month

3 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Quartz Countertops
  • Vaulted Ceiling
  • Wood Flooring
  • No HOA

About This Home

As of June 2022

Gardens and hardwood trees on this 0.6 acre lot surround a lovely 3 bedroom/2.5 bath home with a downstairs flex room that can be used as an office, playroom or second living room. Enjoy the extra large backyard space on the back deck or kick your feet up on the oversized covered front porch. At less than 20 minutes from downtown you aren't far from all the bars, restaurants and nightlife of downtown Durham.

Last Agent to Sell the Property

Steve Gardner

Urban Durham Realty License #275245 Listed on: 05/13/2022

Last Buyer's Agent

Margaret Page

Urban Durham Realty License #320391

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,374

Year Built

  • Built in 1999

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 169x157x169x156
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped with Trees
  • Garden

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,690 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Storage
  • Utility Room
  • Crawl Space
  • Scuttle Attic Hole
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Shower Only in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Eno Valley Elementary School
  • Carrington Middle School
  • Northern High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Water Purifier
  • Water Softener
  • Septic Tank

Community Details

  • No Home Owners Association
  • Hickory Ridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,374

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Year Built: 1999
  • Prop. Type: Residential
  • Subdivision Name: Hickory Ridge
  • Above Grade Finished Sq Ft: 1690.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 169x157x169x156
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • Laundry Features Laundry Closet: Yes
  • Flooring Laminate: Yes
  • Attic Features Scuttle: Yes
  • Water Softeners: Yes
  • General Property Information Above Grade Finished Area: 1690.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 26528.04
  • General Property Information Lot Size Acres: 0.609
  • General Property Information:Living Area3: 1690.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Vinyl
  • Interior Amenities: Bookcases, Ceiling Fan(s), Entrance Foyer, High Ceilings, Pantry, Quartz Counters, Separate Shower, Shower Only, Smooth Ceilings, Storage, Vaulted Ceiling(s), Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Water Purifier, Water Softener
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Water Purifier: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.61
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Lot Features:Garden2: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: 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 - Carrington

Lot Info

  • Lot Dimensions: 169x157x169x156
  • Lot Size Sq Ft: 26528.04
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2374.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Durham - Eno Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 8, 2022
Sold by
Davison Zachary K and Davison Lina C
Bought by
Purser Jeremy Lee
Seller's Agent
Steve Gardner
Urban Durham Realty
Buyer's Agent
Margaret Page
Urban Durham Realty
List Price
$382,000
Sold Price
$395,000
Premium/Discount to List
$13,000
3.4%
Current Estimated Value
$381,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,122
Avg. Annual Appreciation
-0.94%
Original Mortgage
$340,000
Outstanding Balance
$322,999
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$58,879

Purchase Details

Closed on
May 22, 2019
Sold by
Benac Dustin D and Benac Casey C
Bought by
Davison Zachary K and Davison Lina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2015
Sold by
Wilson Samuel D and Skjolaas Kristine A
Bought by
Benac Dustin D and Benac Casey C

Purchase Details

Closed on
Oct 16, 2006
Sold by
Adamson David Cory and Troshinsky Kenneth A
Bought by
Wilson Samuel D and Skjolaas Kristine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.5%
Mortgage Type
VA

Purchase Details

Closed on
Jun 11, 1999
Sold by
Hennesie Homes Inc
Bought by
Adamson David Cory and Troshinsky Kenneth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
7.43%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Purser Jeremy Lee $395,000 Lockamy Law Firm
Davison Zachary K $231,000 None Available
Benac Dustin D $165,000 Attorney
Wilson Samuel D $172,000 None Available
Adamson David Cory $143,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purser Jeremy Lee $340,000
Previous Owner Davison Zachary K $171,000
Previous Owner Wilson Samuel D $172,000
Previous Owner Adamson David Cory $114,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $395,000 -- --
06/08/2022 06/08/22 Sold $395,000 +3.4% $234 / Sq Ft
05/15/2022 05/15/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $382,000 -- $226 / 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 $3,540 $357,151 $80,500 $276,651
2024 $2,663 $190,901 $36,135 $154,766
2023 $2,501 $190,901 $36,135 $154,766
2022 $2,443 $190,901 $36,135 $154,766
2021 $2,432 $190,901 $36,135 $154,766
2020 $2,375 $190,901 $36,135 $154,766
2019 $2,375 $190,901 $36,135 $154,766
2018 $2,076 $153,025 $28,105 $124,920
2017 $2,060 $153,025 $28,105 $124,920
2016 $1,991 $153,025 $28,105 $124,920
2015 $2,354 $170,080 $32,506 $137,574
2014 $2,354 $170,080 $32,506 $137,574
Source: Public Records

Agents Affiliated with this Home

  • Steve Gardner

    Seller's Agent in 2022

    Steve Gardner

    Urban Durham Realty

    (919) 641-6240

    7 in this area

    70 Total Sales

    Steve Gardner
    Section Image

  • M

    Buyer's Agent in 2022

    Margaret Page

    Urban Durham Realty

    (919) 225-3180

    5 in this area

    36 Total Sales

    Margaret Page
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2448760

Doorify MLS

APN: 183770

North Carolina Durham County Durham 27712 North Durham

5438 Reese Rd, Durham, NC

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes