Seller's Agent in 2025
Monica Boswell
The M Homes Group
(919) 907-9906
1 in this area
68 Total Sales
602 Gray Ave Durham, NC 27701
Central Park Neighborhood
3
Beds
2
Baths
1,161
Sq Ft
3,824
Sq Ft Lot
Highlights
- Open Floorplan
- Corner Lot
- No HOA
- Vaulted Ceiling
- Granite Countertops
- Home Office
About This Home
As of July 2025Major Price Drop! Rebuilt Bungalow in Prime Downtown Durham Location!
Welcome to 602 Gray Avenue - Where modern design meets Bull City charm in this fully rebuilt 3 bed, 2 bath bungalow located just blocks from downtown Durham. Priced $30,000 below market, this home is an unbeatable opportunity for buyers looking for style, function, and location.
Charming, Reimagined Bungalow in the Heart of Durham!
Beautifully rebuilt 3-bedroom, 2-bath bungalow that blends timeless character with fresh, modern updates. Completely reconstructed from the foundation up in 2023, this single-level home features a newer roof, new HVAC, and quality craftsmanship throughout.
Inside, you'll find an open-concept layout with warm, wood-style flooring and abundant natural light. The show stopping kitchen is anchored by sleek marble countertops, an oversized center island, stainless steel appliances, gas range, and custom herringbone tile backsplash - ideal for cooking, gathering, and everyday living.
Each of the three spacious rooms offers versatility, with one currently styled as a chic home office featuring custom wall accents. Both full bathrooms are updated with granite countertops and elegant fixtures, creating a spa-like experience at home.
Out front, enjoy morning coffee on the wide, covered porch or take in the view from the back deck. Enjoy space to garden, entertain, or simply relax under the trees. The extended side patio offers even more outdoor potential.
Perfectly positioned near the energy of Downtown Durham — close to farmers markets, the historic Carolina Theatre, DPAC, Durham Bulls Ballpark, museums, restaurants, hotels, and Duke University — this home offers the ultimate mix of comfort, convenience, and charm.
602 Gray Ave is truly move-in ready and designed for modern living in one of Durham's most dynamic communities.
Don't miss your chance to own a move-in-ready gem in the heart of Durham's most dynamic neighborhood.
Last Agent to Sell the Property
The M Homes Group License #295105 Listed on: 04/01/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,393
Year Built
- Built in 1920 | Remodeled
Lot Details
- 3,824 Sq Ft Lot
- North Facing Home
- Corner Lot
- Front Yard
Home Design
- Bungalow
- Brick Foundation
- Raised Foundation
- Block Foundation
- Shingle Roof
- Concrete Perimeter Foundation
- HardiePlank Type
Interior Spaces
- 1,161 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Vaulted Ceiling
- Ceiling Fan
- Blinds
- Window Screens
- Living Room
- Home Office
- Pull Down Stairs to Attic
Kitchen
- Gas Range
- Microwave
- Kitchen Island
- Granite Countertops
Flooring
- Ceramic Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Dual Closets
- 2 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry in Hall
- Laundry on main level
Parking
- On-Street Parking
- Open Parking
Outdoor Features
- Covered Patio or Porch
Schools
- Eastway Elementary School
- Brogden Middle School
- Riverside High School
Utilities
- Cooling System Powered By Gas
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0831-28-9524
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2025
Closed on
Jul 8, 2025
Sold by
919 Investments Llc and Triple E Properties Llc
Bought by
Halperin Jennie Rose
Seller's Agent
Monica Boswell
The M Homes Group
Buyer's Agent
Matt Perry
Keller Williams Elite Realty
List Price
$460,000
Sold Price
$505,000
Premium/Discount to List
$45,000
9.78%
Views
66
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,236
Avg. Annual Appreciation
-23.38%
Original Mortgage
$305,000
Outstanding Balance
$304,229
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$148,535
Purchase Details
Closed on
Jun 27, 2022
Sold by
Triple E Properties Llc
Bought by
919 Investments Llc and Triple E Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,832
Interest Rate
5.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 2021
Sold by
Trioaks Capital Llc
Bought by
Triple E Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,900
Interest Rate
3.01%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 1, 2021
Sold by
One Love Properties Llc
Bought by
Trioalis Capital Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,900
Interest Rate
3.01%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 19, 2021
Sold by
Shane Betsy and Rosenlum Betsy L
Bought by
One Love Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,900
Interest Rate
3.01%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 5, 2015
Sold by
Jones Enterprises & Investments Llc
Bought by
Roseblum Betsy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,250
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 29, 2011
Sold by
Jones Nelson
Bought by
Jones Enterprises & Investments Llc
Purchase Details
Closed on
Mar 21, 2011
Sold by
Fannie Mae
Bought by
Jones Nelson
Purchase Details
Closed on
Mar 2, 2010
Sold by
Hankins Derrick M
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Apr 23, 2007
Sold by
Martin Lamiek
Bought by
Hankins Derrick M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 13, 2007
Sold by
R & S Investments Llc
Bought by
Martin Lamiek
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 6, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
R & S Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,750
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 28, 2006
Sold by
Patton Eugene and Patton Tammy
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-Wl3
Purchase Details
Closed on
Aug 29, 2005
Sold by
Triangle Properties Inc
Bought by
Patton Eugene and Patton Tammy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,010
Interest Rate
9.95%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 28, 2005
Sold by
Muasya Moses
Bought by
Triangle Properties Inc
Purchase Details
Closed on
Jan 10, 2003
Sold by
Newman Tyrone and Cahill Brian
Bought by
Muasya Moses
Purchase Details
Closed on
Jun 10, 2002
Sold by
Burnette Anita M and Burnette Michael E
Bought by
Taylor Calvin
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $505,000 | Heritage Title | |
| Warranty Deed | $505,000 | Heritage Title | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $235,000 | Master Title | |
| Warranty Deed | $215,000 | Fidelity National Title | |
| Warranty Deed | $190,500 | None Available | |
| Warranty Deed | $75,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | -- | None Available | |
| Trustee Deed | $99,096 | None Available | |
| Warranty Deed | $90,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Special Warranty Deed | $24,000 | None Available | |
| Trustee Deed | $68,783 | None Available | |
| Trustee Deed | $68,783 | None Available | |
| Warranty Deed | $69,000 | -- | |
| Trustee Deed | $19,000 | -- | |
| Warranty Deed | $82,000 | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $305,000 | New Conventional | |
| Closed | $305,000 | New Conventional | |
| Previous Owner | $252,832 | New Conventional | |
| Previous Owner | $299,900 | Commercial | |
| Previous Owner | $55,250 | New Conventional | |
| Previous Owner | $90,000 | Purchase Money Mortgage | |
| Previous Owner | $57,750 | Purchase Money Mortgage | |
| Previous Owner | $62,010 | Fannie Mae Freddie Mac | |
| Previous Owner | $3,445 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Sold | $505,000 | +17.4% | $435 / Sq Ft |
| 06/17/2025 06/17/25 | Pending | -- | -- | -- |
| 05/19/2025 05/19/25 | Price Changed | $430,000 | -6.5% | $370 / Sq Ft |
| 04/01/2025 04/01/25 | For Sale | $460,000 | -- | $396 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $3,258 | $328,636 | $142,500 | $186,136 |
| 2024 | $3,231 | $231,640 | $79,800 | $151,840 |
| 2023 | $2,424 | $185,017 | $79,800 | $105,217 |
| 2022 | $2,368 | $185,017 | $79,800 | $105,217 |
| 2021 | $2,357 | $185,017 | $79,800 | $105,217 |
| 2020 | $2,301 | $185,017 | $79,800 | $105,217 |
| 2019 | $2,301 | $185,017 | $79,800 | $105,217 |
| 2018 | $1,066 | $78,613 | $17,100 | $61,513 |
| 2017 | $1,059 | $78,613 | $17,100 | $61,513 |
| 2016 | $1,023 | $78,613 | $17,100 | $61,513 |
| 2015 | $606 | $43,782 | $15,578 | $28,204 |
| 2014 | -- | $43,782 | $15,578 | $28,204 |
Source: Public Records
Agents Affiliated with this Home
-
Monica Boswell
-
Matt Perry
Buyer's Agent in 2025
Matt Perry
Keller Williams Elite Realty
(919) 789-1635
2 in this area
760 Total Sales
Map
Source: Doorify MLS
MLS Number: 10085706
APN: 110586
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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.
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