NOT LISTED FOR SALE

701 W Trinity Ave Unit 115 Durham, NC 27701

Old North Durham Neighborhood

Estimated Value: $485,000 - $514,000

2 Beds
2 Baths
1,350 Sq Ft
$371/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $472,000 $350 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,327/month

24 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Entrance Foyer
  • Dining Room
  • George Watts Elementary Rated A-
  • Central Air
  • 2-minute walk to South Ellerbee Trail

About This Home

As of December 2021

HISTORY + COOL in this 1920's Tobacco Warehouse turned hip downtown loft! Soaring 20ft.+ ceilings with windows top to bottom, bathe this home in afternoon light. Original exposed timbers & brick add warmth & perfectly balance the chic polished concrete floors. Two spacious bedrooms, updated kitchen, secure gated entry & designated parking. Actual seconds walk to restaurants, music, coffee & drink. Directly on the future Durham Beltline Trail! You CANNOT be more central to the downtown action than this!

Last Agent to Sell the Property

Jeff Goldman

Nest Realty of the Triangle License #276608 Listed on: 10/01/2021

Nest Realty of the Triangle

Last Buyer's Agent

Michelle Martin

Allen Tate/Raleigh-Glenwood License #283882

Allen Tate/Raleigh-Glenwood

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,901

Year Built

  • Built in 2007

Lot Details

  • 1,045 Sq Ft Lot

HOA Fees

  • $300 Monthly HOA Fees

Interior Spaces

  • 1,350 Sq Ft Home
  • 1.5-Story Property
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Concrete Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Assigned Parking

Schools

  • E K Powe Elementary School
  • Brogden Middle School
  • Riverside High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include maintenance structure
  • Trinity Lofts HOA
  • Trinity Lofts Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,901

Year Built

Built in 2007

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Year Built: 2007
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Structure
  • Subdivision Name: Trinity Lofts
  • Above Grade Finished Sq Ft: 1350.0
  • Architectural Style: Warehouse
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: n/a
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Levels One and One Half: Yes
  • Heating None12: Yes
  • General Property Information Above Grade Finished Area: 1350.0
  • General Property Information Carport YN: No
  • Flooring Concrete3: Yes
  • General Property Information Lot Size Square Feet2: 1045.44
  • General Property Information Lot Size Acres: 0.024
  • General Property Information:Living Area3: 1350.0
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Concrete
  • Interior Amenities: Entrance Foyer
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Features:Entrance Foyer: Yes
  • Community Features:Street Lights: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.02
  • Construction Type: Fiber Cement
  • Construction Materials:Fiber Cement: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Parking Lot
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Heating: Heat Pump, None
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: No
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association Name: Trinity Lofts HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Trinity Lofts HOA
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 300.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Durham - Riverside
  • Middle Or Junior School: Durham - Brogden

Lot Info

  • Lot Dimensions: n/a
  • Lot Size Sq Ft: 1045.44
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4901.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Durham - E K Powe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Nov 30, 2021
Sold by
Mueller Morgan and Schwendler William T
Bought by
Mungo Irene Chemtai
Seller's Agent
Jeff Goldman
Nest Realty of the Triangle
Buyer's Agent
Michelle Martin
Allen Tate/Raleigh-Glenwood
List Price
$479,000
Sold Price
$472,000
Premium/Discount to List
-$7,000
-1.46%
Current Estimated Value
$500,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,950
Avg. Annual Appreciation
1.44%
Original Mortgage
$448,400
Outstanding Balance
$412,300
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$88,650

Purchase Details

Closed on
Jan 7, 2015
Sold by
Struever Sara C and Eiermann Peter J
Bought by
Schwendler William T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,200
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2008
Sold by
Trinity Trust Partners Llc
Bought by
Struever Sara C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mungo Irene Chemtai $472,000 None Available
Schwendler William T $299,000 None Available
Struever Sara C $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mungo Irene Chemtai $448,400
Previous Owner Schwendler William T $239,200
Previous Owner Struever Sara C $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $472,000 -- --
12/01/2021 12/01/21 Sold $472,000 -1.5% $350 / Sq Ft
10/24/2021 10/24/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $479,000 -- $355 / 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 $5,110 $515,489 $225,000 $290,489
2024 $5,367 $384,766 $95,000 $289,766
2023 $5,040 $384,766 $95,000 $289,766
2022 $4,925 $384,766 $95,000 $289,766
2021 $4,902 $384,766 $95,000 $289,766
2020 $4,786 $384,766 $95,000 $289,766
2019 $4,786 $384,766 $95,000 $289,766
2018 $4,236 $312,293 $60,000 $252,293
2017 $4,205 $312,293 $60,000 $252,293
2016 $4,063 $312,293 $60,000 $252,293
2015 $3,764 $271,912 $58,700 $213,212
2014 $3,764 $271,912 $58,700 $213,212
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jeff Goldman

    Nest Realty of the Triangle

    (919) 909-5400

    10 in this area

    82 Total Sales

    Jeff Goldman
    Section Image
  • Michelle Martin

    Buyer's Agent in 2021

    Michelle Martin

    Allen Tate/Raleigh-Glenwood

    (919) 900-0326

    1 in this area

    84 Total Sales

    Michelle Martin
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2411021

Doorify MLS

APN: 209000

North Carolina Durham County Durham 27701 Old North Durham

701 W Trinity Ave Unit 115, Durham, NC

Not Listed for Sale

Townhouses

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