E
Seller's Agent in 2021
Emilee Carraway
Compass -- Raleigh
(919) 781-4452
2 in this area
158 Total Sales
701 Lee St Durham, NC 27701
Central Park NeighborhoodEstimated Value: $700,000 - $861,000
3
Beds
2.5
Baths
2,181
Sq Ft
$357/Sq Ft
Est. Value
Highlights
- New Construction
- Wooded Lot
- Transitional Architecture
- Deck
- Vaulted Ceiling
- Wood Flooring
About This Home
As of August 2021New to market! A modern & classic 3 bedroom + office + unfinished basement inspirited by todays buyer needs! Remarkably Bright & Airy this home is illuminated w/ large windows, hardwoods floors (no carpet), & a collection of high end finished fill the rooms. Stunning kitchen w/ gas range & leathered granite island make for perfect entertaining. 1st floor office/den. Primary suite w/tranquil bath. 2 generous spare bedrms. Top it off w/ 1000 sq ft unfinished basement!! Steps to downtown Durham. A.Must.See.
Last Agent to Sell the Property
Compass -- Raleigh License #286915 Listed on: 07/24/2021
Last Buyer's Agent
Herbert Tatum IV
Bold Real Estate License #318676
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,065
Year Built
- Built in 2021 | New Construction
Lot Details
- 9,583 Sq Ft Lot
- Landscaped
- Wooded Lot
Parking
- Private Driveway
Home Design
- Transitional Architecture
- Charleston Architecture
- Modernist Architecture
- Frame Construction
- Wood Siding
Interior Spaces
- 2,181 Sq Ft Home
- 3-Story Property
- Vaulted Ceiling
- Open Floorplan
- Home Office
- Utility Room
- Laundry on upper level
- Wood Flooring
- Pull Down Stairs to Attic
- Unfinished Basement
Kitchen
- Gas Range
- Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Double Vanity
- Shower Only
Outdoor Features
- Deck
Schools
- Eastway Elementary School
- Lucas Middle School
- Northern High School
Utilities
- Heating System Uses Natural Gas
- Tankless Water Heater
Community Details
- No Home Owners Association
- Association fees include unknown
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2021
Closed on
Aug 16, 2021
Sold by
Myers Todd and Myers Lisa
Bought by
Lipman Ian
Seller's Agent
Emilee Carraway
Compass -- Raleigh
Buyer's Agent
Herbert Tatum IV
Bold Real Estate
List Price
$599,900
Sold Price
$605,000
Premium/Discount to List
$5,100
0.85%
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
$107,563
Avg. Annual Appreciation
4.22%
Original Mortgage
$484,000
Outstanding Balance
$444,226
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$268,337
Purchase Details
Closed on
Feb 28, 2019
Sold by
Mckinney Home Renovations & Repair Inc
Bought by
Myers Todd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,937
Interest Rate
4.4%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 8, 2018
Sold by
Midfirst Bank
Bought by
Mckinney Home Renovations & Repair Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,838
Interest Rate
4.5%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 8, 2017
Sold by
Secretary Of Housing And Urban Developme
Bought by
Midfirst Bank
Purchase Details
Closed on
Mar 3, 2017
Sold by
Jackson Harold Thomas
Bought by
Sec Of Housing & Urban
Purchase Details
Closed on
Jul 29, 2002
Sold by
Boxley Pauline R
Bought by
Jackson Harold Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,915
Interest Rate
6.62%
Mortgage Type
FHA
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lipman Ian | $605,000 | None Available | |
| Myers Todd | $65,000 | None Available | |
| Mckinney Home Renovations & Repair Inc | $94,000 | None Available | |
| Midfirst Bank | -- | None Available | |
| Sec Of Housing & Urban | -- | -- | |
| Jackson Harold Thomas | $74,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lipman Ian | $100,000 | |
| Closed | Lipman Ian | $63,000 | |
| Open | Lipman Ian | $484,000 | |
| Previous Owner | Jensen Joshua | $125,937 | |
| Previous Owner | Mckinney Home Renovations & Repair Inc | $344,838 | |
| Previous Owner | Jackson Harold Thomas | $73,915 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/14/2023 12/14/23 | Off Market | $605,000 | -- | -- |
| 08/27/2021 08/27/21 | Sold | $605,000 | +0.9% | $277 / Sq Ft |
| 07/30/2021 07/30/21 | Pending | -- | -- | -- |
| 07/24/2021 07/24/21 | For Sale | $599,900 | -- | $275 / 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 |
|---|---|---|---|---|
| 2024 | $7,583 | $543,597 | $85,400 | $458,197 |
| 2023 | $7,121 | $463,128 | $85,610 | $377,518 |
| 2022 | $5,928 | $463,128 | $85,610 | $377,518 |
| 2021 | $1,091 | $85,610 | $85,610 | $0 |
| 2020 | $1,065 | $85,610 | $85,610 | $0 |
| 2019 | $1,565 | $125,777 | $85,610 | $40,167 |
| 2018 | $621 | $45,758 | $18,345 | $27,413 |
| 2017 | $616 | $45,758 | $18,345 | $27,413 |
| 2016 | $595 | $45,758 | $18,345 | $27,413 |
| 2015 | $815 | $58,905 | $16,355 | $42,550 |
| 2014 | $815 | $58,905 | $16,355 | $42,550 |
Source: Public Records
Agents Affiliated with this Home
-
-
H
Buyer's Agent in 2021
Herbert Tatum IV
Bold Real Estate
-
H
Buyer's Agent in 2021
Herbert Tatum
RE/MAX
Map
Source: Doorify MLS
MLS Number: 2397534
APN: 110699
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