$140,000
SOLD FEB 24, 2025
0.23 Acre
$608,696 Price per Acre
10,019 Sq Ft Lot

Recently Sold

20% Below List Price

141 Days on Market

About This Lot

As of February 2025

Opportunity Knocks!!! Incredible ROI potential for builders, investors or savvy Buyers! This is a chance to Buy an ENTIRE city block close to BOOMING DOWNTOWN DURHAM!! 609 E. Geer St. is one of 10 available lots in this HOT HOT HOT corridor of Downtown Durham. Buy one or Buy Them All - Or Customized Packages available to suit your Investment needs. Tons of New build comps a stone's throw from $600k++ will easily support a builder's new builds w/ plenty of profit. Or buy all and do something BIGGER. See other listings @ 611, 613, 614, 616, 618, 620, 622, 624 & 626 E. Geer St. Come get this INCREDIBLE investment opportunity before its gone!

Last Agent to Sell the Property

Kevin Van Zyl

Kevin Van Zyl License #161849 Listed on: 10/02/2024

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,097

Lot Details

  • 10,019 Sq Ft Lot
  • Partially Wooded Lot

Schools

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

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$1,097

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: See Remarks
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: X
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • Vegetation Partially Wooded: Yes
  • General Property Information Lot Size Square Feet2: 10018.8
  • General Property Information Lot Size Acres: 0.23
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.23

Utilities

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

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 - Lucas

Lot Info

  • Lot Dimensions: X
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1097.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Durham - Eastway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Feb 20, 2025
Sold by
Care Properties Llc
Bought by
Chilton Kay
Seller's Agent
Kevin Van Zyl
Kevin Van Zyl
Buyer's Agent
Non Member
Non Member Office
List Price
$175,000
Sold Price
$140,000
Premium/Discount to List
-$35,000
-20%
Total Days on Market
141
Views
15
Current Estimated Value
$170,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,685

Purchase Details

Closed on
Dec 15, 2021
Sold by
Allen Wanda Ricks and Allen Ricky G
Bought by
Care 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
$800,000
Interest Rate
3.09%
Mortgage Type
Stand Alone Second
Source: Public Records

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Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $1,395,000 None Listed On Document
Warranty Deed $425,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $800,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 Sold $140,000 -20.0% --
02/20/2025 02/20/25 Pending -- -- --
10/02/2024 10/02/24 For Sale $175,000 -- --
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
2024 $364 $26,060 $26,060 $0
2023 $341 $26,060 $26,060 $0
2022 $334 $26,060 $26,060 $0
2021 $332 $26,060 $26,060 $0
2020 $324 $26,060 $26,060 $0
2019 $324 $26,060 $26,060 $0
2018 $217 $15,960 $15,960 $0
2017 $215 $15,960 $15,960 $0
2016 $208 $39,900 $39,900 $0
2015 $483 $34,925 $34,925 $0
2014 $483 $34,925 $34,925 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10055975

Doorify MLS

APN: 110927