NOT LISTED FOR SALE

704 Shepherd St Durham, NC 27701

Historic West End Neighborhood

Estimated Value: $736,684 - $853,000

5 Beds
3 Baths
3,360 Sq Ft
$234/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $620,000 $185 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,627/month

16 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Wood Siding
  • Lakewood Montessori Middle School Rated A-
  • Cooling System Powered By Gas
  • Heating System Uses Gas

About This Home

As of October 2021

The 1921 J.T. & Mamie Christian House is a Foursquare, contributing structure in the Morehead Hill Historic District. Too many intact, original features to list. 9.5 Foot ceilings + BIG windows-> Sun-drenched rooms, throughout. Currently a 3-Family: 3/1 Downstairs & 2-1/1's Upstairs. Recent new roof & 2-HVAC units. The property could be converted back to a GRAND 1-Family- as the original stairwell & landing remain- or stay 3 units. The property is also marketed in TMLS as a SFR under TMLS#2400110.

Last Agent to Sell the Property

Ian Kipp

Berkshire Hathaway HomeService License #268085 Listed on: 08/05/2021

Berkshire Hathaway HomeService

Last Buyer's Agent

Patrick Shin

Long & Foster Real Estate INC License #252812

Long & Foster Real Estate INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,585

Year Built

  • Built in 1921

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 64 x 120

Home Design

  • Brick Foundation
  • Wood Siding

Interior Spaces

  • Fireplace

Flooring

  • Wood
  • Vinyl

Schools

  • Spaulding Elementary School
  • Brogden Middle School
  • Jordan High School

Utilities

  • Cooling System Powered By Gas
  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heat Pump System

Community Details

  • 3 Units
  • Proctor Place Subdivision

Listing and Financial Details

  • The owner pays for water
  • 3 Month Lease Term

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,585

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Year Built: 1921
  • Prop. Type: Residential Income
  • Subdivision Name: Proctor Place
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Lot Size Dimensions: 64 X 120
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Flooring Vinyl: Yes
  • Remarks and Miscellaneous Syndication Remarks2: The home's original builder, J. T. Christian, began his career as vice president and general manager of Cary Lumber Company & later founded Christian Printing Co. in Durham. The 100 Year old house is commemorated by the Preservation Society of Durham Plaque on the front porch.
  • Foundation Details BrickMortar: Yes
  • Heating Gas Pack2: Yes
  • Contract Information Lease Term: 3 To 6 Months
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 3.0
  • General Property Information Lot Size Square Feet2: 7841.0
  • General Property Information Lot Size Acres: 0.18
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Vinyl

Exterior Features

  • Acres: 0.18
  • Construction Type: Wood Siding
  • Foundation Details: Brick/Mortar
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Parking Features:None16: Yes

Utilities

  • Heating: Electric, Gas Pack, Heat Pump, Natural Gas
  • Cooling: Central Air, Gas Pack, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Schools

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

Lot Info

  • Lot Dimensions: 64 X 120
  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 3 To 6 Months
  • Owner Pays: Water

Tax Info

  • Tax Annual Amount: 4585.0
  • Tax Year: 2020
  • Tax Map Number: 0821-57-61-1530

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Durham - Spaulding

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Oct 8, 2021
Sold by
Rabiner Donna S and Rabiner David L
Bought by
Yim Eunsil and Kim Jaemyung
Seller's Agent
Ian Kipp
Berkshire Hathaway HomeService
Buyer's Agent
Patrick Shin
Long & Foster Real Estate INC
List Price
$595,000
Sold Price
$620,000
Premium/Discount to List
$25,000
4.2%
Current Estimated Value
$785,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,171
Avg. Annual Appreciation
5.80%
Original Mortgage
$492,000
Outstanding Balance
$448,658
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$336,513

Purchase Details

Closed on
Apr 14, 1998
Sold by
Rabiner David L
Bought by
Rabiner Donna J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Yim Eunsil $620,000 None Available
Rabiner Donna J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yim Eunsil $492,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $620,000 -- --
10/22/2021 10/22/21 Sold $620,000 +4.2% $185 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $595,000 -- $177 / 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 $6,296 $635,080 $234,000 $401,080
2024 $5,142 $368,603 $73,187 $295,416
2023 $4,828 $368,603 $73,187 $295,416
2022 $4,718 $368,603 $73,187 $295,416
2021 $4,696 $368,603 $73,187 $295,416
2020 $4,585 $368,603 $73,187 $295,416
2019 $4,585 $492,811 $73,187 $419,624
2018 $3,047 $224,586 $35,130 $189,456
2017 $3,024 $224,586 $35,130 $189,456
2016 $2,922 $379,596 $35,130 $344,466
2015 $2,718 $196,364 $25,994 $170,370
2014 $2,718 $196,364 $25,994 $170,370
Source: Public Records

Agents Affiliated with this Home

  • Ian Kipp

    Seller's Agent in 2021

    Ian Kipp

    Berkshire Hathaway HomeService

    (919) 313-3445

    4 in this area

    98 Total Sales

    Ian Kipp
    Section Image

  • P

    Buyer's Agent in 2021

    Patrick Shin

    Long & Foster Real Estate INC

    (919) 606-0153

    2 in this area

    100 Total Sales

    Patrick Shin
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2400114

Doorify MLS

APN: 114621

North Carolina Durham County Durham 27701 Historic West End

704 Shepherd St, Durham, NC

Not Listed for Sale

MultiFamily

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