NOT LISTED FOR SALE

703 Gray Ave Durham, NC 27701

Central Park Neighborhood

Estimated Value: $444,947 - $572,000

3 Beds
2 Baths
1,531 Sq Ft
$331/Sq Ft Est. Value

Last Sold July 11, 2023

Last sale price $445,000 $291 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,121/month

24 Days on Market

Highlights

  • Transitional Architecture
  • Quartz Countertops
  • Covered Patio or Porch
  • High Ceiling
  • No HOA
  • 4-minute walk to East End Park

About This Home

As of July 2023

Begin anew on Gray Avenue! Renovated in 2018 this home is the perfect blend of classic meets contemporary. Open living areas flooded with natural light. Spacious bedrooms, but the Owner’s suite is a true haven boasting a beautiful walk-in shower and two large walk-in closets. Extensive molding, built-ins, tile, and quartz finishes throughout. Covered front porch and fenced backyard perfect for your four-legged friends or aspiring green thumb. Walkable to some of Durham’s best coffee and breweries. 10 min drive to Duke. Don’t be passé on Gray.

Last Agent to Sell the Property

Holly Hayes

Nest Realty of the Triangle License #239750 Listed on: 05/19/2023

Nest Realty of the Triangle

Last Buyer's Agent

Cindi Honeycutt

Keller Williams Realty License #294963

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,909

Year Built

  • Built in 1963

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50'x103'
  • Fenced Yard

Parking

  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick or Stone Mason
  • Stone

Interior Spaces

  • 1,531 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Smooth Ceilings
  • High Ceiling
  • Blinds
  • Living Room
  • Dining Room
  • Utility Room
  • Crawl Space
  • Scuttle Attic Hole

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Stacked Washer and Dryer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Lighting
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • Geerwood Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,909

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • Prop. Type: Residential
  • Subdivision Name: Geerwood Park
  • Above Grade Finished Sq Ft: 1531.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Lighting
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 258.0
  • General Property Information Total Unfinished Area2: 258.0
  • General Property Information Lot Size Dimensions: 50'x103'
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Flooring Laminate: Yes
  • Attic Features Scuttle: Yes
  • General Property Information Above Grade Finished Area: 1531.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 5227.2
  • General Property Information Lot Size Acres: 0.12
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Double Vanity, High Ceilings, Primary Downstairs, Quartz Counters, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower, Other
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer/Dryer Stacked
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Bookcases: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Interior Features:Other17: Yes

Exterior Features

  • Exterior Features: Fenced Yard
  • Acres: 0.12
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Covered, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes

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: 50'x103'
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Lighting2: Yes

Tax Info

  • Tax Annual Amount: 3909.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Eastway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jul 11, 2023
Sold by
Mcgavin Jason A and Mcgavin Rebecca Carson
Bought by
Farno Christopher and Farno Kaela
Seller's Agent
Holly Hayes
Nest Realty of the Triangle
Buyer's Agent
Cindi Honeycutt
Keller Williams Realty
List Price
$475,000
Sold Price
$445,000
Premium/Discount to List
-$30,000
-6.32%
Views
93
Current Estimated Value
$507,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,487
Avg. Annual Appreciation
-0.51%
Original Mortgage
$430,000
Outstanding Balance
$421,491
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$18,778

Purchase Details

Closed on
Aug 24, 2018
Sold by
Mcgavin Jason A and Mcgavin Rebecca Carson
Bought by
Mcgavin Jason A and Mcgavin Rebecca Carson

Purchase Details

Closed on
May 7, 2018
Sold by
Nstc Enterprise Llc
Bought by
Mcgavin Jason A and Weingarten Rebecca C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 23, 2017
Sold by
Johnson Dwan E
Bought by
Nstc Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2008
Sold by
Johnson Partnership Group Llc
Bought by
Johnson Dwan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2008
Sold by
Johnson Partnership Group Llc
Bought by
Johnson Dwan E

Purchase Details

Closed on
Mar 31, 2006
Sold by
Johnson Dwan E
Bought by
Johnson Partnership Group Llc

Purchase Details

Closed on
Jun 25, 2004
Sold by
Norkar Inc
Bought by
Johnson Dwan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,200
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Farno Christopher $445,000 None Listed On Document
Mcgavin Jason A -- None Available
Mcgavin Jason A $320,000 None Available
Nstc Enterprise Llc $125,000 --
Johnson Dwan E -- None Available
Johnson Dwan E -- None Available
Johnson Partnership Group Llc -- None Available
Johnson Dwan E $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farno Christopher $430,000
Previous Owner Mcgavin Jason A $320,000
Previous Owner N S T C Enterprise Llc $17,000
Previous Owner N S T C Enterprise Llc $210,000
Previous Owner Nstc Enterprise Llc $210,000
Previous Owner Johnson Dwan E $80,500
Previous Owner Johnson Dwan E $85,000
Previous Owner Johnson Dwan E $43,200
Closed Johnson Dwan E $25,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $445,000 -- --
07/11/2023 07/11/23 Sold $445,000 -1.1% $291 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
05/30/2023 05/30/23 Price Changed $450,000 -5.3% $294 / Sq Ft
05/18/2023 05/18/23 For Sale $475,000 -- $310 / 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 $4,261 $305,436 $78,190 $227,246
2023 $4,001 $305,436 $78,190 $227,246
2022 $3,909 $305,436 $78,190 $227,246
2021 $3,891 $305,436 $78,190 $227,246
2020 $3,799 $305,436 $78,190 $227,246
2019 $3,799 $305,436 $78,190 $227,246
2018 $1,521 $112,157 $16,755 $95,402
2017 $1,365 $101,372 $16,755 $84,617
2016 $1,319 $101,372 $16,755 $84,617
2015 $1,119 $80,822 $14,178 $66,644
2014 $1,119 $80,822 $14,178 $66,644
Source: Public Records

Agents Affiliated with this Home

  • Holly Hayes

    Seller's Agent in 2023

    Holly Hayes

    Nest Realty of the Triangle

    (919) 323-6155

    1 in this area

    120 Total Sales

    Section Image
  • Cindi Honeycutt

    Buyer's Agent in 2023

    Cindi Honeycutt

    Keller Williams Realty

    (919) 730-0777

    2 in this area

    157 Total Sales

    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2511573

Doorify MLS

APN: 110853

North Carolina Durham County Durham 27701 Central Park

703 Gray Ave, Durham, NC

This home is located at 703 Gray Ave, Durham, NC 27701 since 19 May 2023 and is currently estimated at $507,487, approximately $331 per square foot. This property was built in 1963. 703 Gray Ave is a home located in Durham County with nearby schools including Eastway Elementary, W.G. Pearson Elementary School, and Brogden Middle.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes