NOT LISTED FOR SALE

702 Colby Place Durham, NC 27713

Estimated Value: $406,000 - $681,000

3 Beds
2.5 Baths
1,905 Sq Ft
$254/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $399,635 $210 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,069/month

Highlights

  • Attached Garage
  • Forced Air Heating and Cooling System
  • Dogs and Cats Allowed

About This Home

As of June 2024

Custom townhouse just outside of RTP and minutes to Cary and Durham. Also, an easy commute to RDU and Raleigh. The main level has luxury vinyl plank flooring. The kitchen with its enormous island, ample workspace, stainless steel appliances and Granite countertops will make any cook say WOW. Upstairs are three large bedrooms including a sumptuous master retreat and laundry room. Sorry no pets in this one. A 635-credit score is required. Applicants may not have evictions, collections, charge offs or judgements and a 55% debt-to-income ratio is required.Tenant applies/emails photo id and pay stub then we invoice for our application fee. Tenant has 24hours to be approved then 24 hours to review and sign lease, then 24 hours to make deposit to hold home until move-in.Move in DEPOSIT FREE with our Obligo security deposit solution. Tenant must qualify.Asset Protect Renter's Insurance at $15 per month is required.MLSullivan Property Management is a professional property management company based in Durham, NC. We serve Durham County, Wake County, Orange County, Chatham County, and eastern parts of Alamance County, North Carolina. We offer a variety of property management solutions tailored to fit owner's needs.

Last Agent to Rent the Property

Turner Bass

ML Sullivan Property Management License #321675 Listed on: 04/16/2024

Last Renter's Agent

Turner Bass

Real Estate By Design

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,381

Year Built

  • 2021

Lot Details

  • 3,049

Parking

  • Attached Garage

Interior Spaces

  • 1,905 Sq Ft Home
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,295
  • Property Available on 4/17/24
  • Tenant pays for cable TV, electricity, gas, sewer, water
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,381

Year Built

2021

Lot Details

0

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Water
  • Lease Term: 12 Months
  • Available Date: 2024-04-17

Listing Details

  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 1905.0
  • Cooling Central Air: Yes
  • Appliances Refrigerators: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2024-04-17
  • Contract Information Security Deposit2: 2295.0
  • General Property Information Above Grade Finished Area: 1905.0
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Pets Allowed No2: Yes
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2021

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes

Garage/Parking

  • Attached Garage: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Dec 10, 2021
Sold by
Pulte Home Company Llc
Bought by
Pola Vihari Krishna and Pokala Srija
Seller's Agent
Alex Lilly
Pulte Home Company LLC
Buyer's Agent
Megan Beekman
Real Broker, LLC
List Price
$399,635
Sold Price
$399,635
Current Estimated Value
$484,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,169
Avg. Annual Appreciation
1.83%
Original Mortgage
$319,708
Outstanding Balance
$258,135
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$169,503
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
Pola Vihari Krishna $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pola Vihari Krishna $319,708
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Rented $2,095 -8.7% --
03/01/2024 03/01/24 Price Changed $2,295 0.0% $1 / Sq Ft
02/29/2024 02/29/24 For Rent $2,295 0.0% --
12/14/2023 12/14/23 Off Market $399,635 -- --
12/10/2021 12/10/21 Sold $399,635 0.0% $210 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $399,635 -- $210 / 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
2024 $5,381 $385,747 $60,000 $325,747
2023 $5,053 $0 $0 $0
2022 $4,858 $379,590 $60,000 $319,590
2021 $764 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Turner Bass

    Landlord's Agent in 2024

    Turner Bass

    ML Sullivan Property Management

    (252) 531-1564

    17 Total Sales

    Turner Bass
    Section Image
  • Alex Lilly

    Seller's Agent in 2021

    Alex Lilly

    Pulte Home Company LLC

    (804) 301-5656

    2,029 Total Sales

    Alex Lilly
    Section Image
  • Megan Beekman

    Buyer's Agent in 2021

    Megan Beekman

    Real Broker, LLC

    (704) 564-6671

    60 Total Sales

    Megan Beekman
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10014491

Doorify MLS

APN: 228766

North Carolina Durham County Durham 27713

702 Colby Place, Durham, NC

This home is located at 702 Colby Place, Durham, NC 27713 since 16 April 2024 and is currently priced at $484,804. This property was built in 2021. 702 Colby Place is a home located in Durham County with nearby schools including Parkwood Elementary, Lowe's Grove Middle, and Hillside High School.

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