NOT LISTED FOR SALE

Estimated Value: $343,000 - $431,000

4 Beds
2 Baths
1,782 Sq Ft
$215/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $325,000 $182 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,366/month

14 Days on Market

Highlights

  • Luxury Vinyl Tile Flooring
  • Baseboard Heating
  • Wood Siding
  • Forced Air Heating and Cooling System

About This Home

As of August 2023

Amazing investment opportunity for a duplex in Durham, Live in front side or rent front side, close to downtown and would have airbnb potential. Check it out! Unit A is a fully renovated, 2 bedroom, 1 bath unit with new paint, flooring, countertops and stainless appliances - ready for the next tenant, AirBNB or owner occupant. Unit B is a 2 bedroom, 1 bath unit that is tenant occupied until October 2023. Off street parking for both units. Conveniently located near downtown restaurants and night life and only a short commute to Duke University, Hospitals, interstate 85, Hwy 147 and US 15-501.

Last Agent to Sell the Property

Kirk West

West & Woodall Real Estate - D License #222704 Listed on: 05/20/2023

West & Woodall Real Estate - D

Co-Listed By

Bert Woodall

West & Woodall Real Estate - D License #224396

Last Buyer's Agent

Michael White

Real Estate Experts License #276950

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,952

Year Built

  • Built in 1955

Parking

  • Off-Street Parking

Home Design

  • Wood Siding

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating and Cooling System
  • Baseboard Heating

Additional Features

  • Luxury Vinyl Tile Flooring
  • Laundry in unit
  • Basement

Community Details

  • 2 Units

Listing and Financial Details

  • 3 Month Lease Term

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,952

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • Prop. Type: Residential Income
  • Co List Office Mls Id: 71581
  • Co List Office Phone: 919-382-2000
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Lot Size Dimensions: See Plat
  • General Property Information Basement YN: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Cooling None4: Yes
  • Contract Information Lease Term: 3 To 6 Months
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Luxury Vinyl
  • Basement YN: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

  • Heating: Baseboard, Electric, Forced Air
  • Cooling: Central Air, Electric, None
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes

Schools

  • Ninth Grade High School: Durham - Northern
  • Middle Or Junior School: Durham - Lucas

Lot Info

  • Lot Dimensions: See Plat

Rental Info

  • Lease Term: 3 To 6 Months
  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 2952.0
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Durham - Eastway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2023
Closed on
Aug 21, 2023
Sold by
Wcel Investments Llc
Bought by
Sista Prakash R and Sista Nirupama D
Seller's Agent
Kirk West
West & Woodall Real Estate - D
Buyer's Agent
Michael White
Real Estate Experts
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%
Views
202
Current Estimated Value
$391,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,465
Avg. Annual Appreciation
8.06%
Original Mortgage
$162,500
Outstanding Balance
$158,816
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$223,639

Purchase Details

Closed on
Sep 13, 2013
Sold by
Adria Ventures Llc
Bought by
Wcel 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
$40,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2007
Sold by
Roberts W C W and Roberts Linda B
Bought by
Adria Ventures Llc
Source: Public Records

Range of Values:

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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
Sista Prakash R $325,000 None Listed On Document
Wcel Investments Llc $50,000 None Available
Adria Ventures Llc $77,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sista Prakash R $162,500
Previous Owner Wcel Investments Llc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $325,000 -- --
08/24/2023 08/24/23 Sold $325,000 -3.0% $182 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $335,000 -- $188 / 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 $3,488 $408,578 $201,000 $207,578
2024 $3,488 $250,078 $120,600 $129,478
2023 $3,021 $230,631 $120,960 $109,671
2022 $2,952 $230,631 $120,960 $109,671
2021 $2,938 $230,631 $120,960 $109,671
2020 $2,869 $230,631 $120,960 $109,671
2019 $2,919 $234,663 $124,992 $109,671
2018 $1,250 $92,158 $16,800 $75,358
2017 $1,241 $92,158 $16,800 $75,358
2016 $1,199 $92,158 $16,800 $75,358
2015 $1,150 $83,077 $17,455 $65,622
2014 $1,150 $83,077 $17,455 $65,622
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2511925

Doorify MLS

APN: 110931