NOT LISTED FOR SALE

705 Gerard St Durham, NC 27701

Historic West End Neighborhood

Estimated Value: $554,000 - $610,000

3 Beds
2 Baths
1,421 Sq Ft
$414/Sq Ft Est. Value

About This Home

This home is located at 705 Gerard St, Durham, NC 27701 and is currently estimated at $588,093, approximately $413 per square foot. 705 Gerard St is a home located in Durham County with nearby schools including Morehead Montessori, Lakewood Elementary School, and Lakewood Montessori Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2021
Sold by
Erdheim Jesse and Erdheim Rachel P
Bought by
Haney Samuel Mitchell
Current Estimated Value
$588,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,500
Outstanding Balance
$394,107
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$193,986

Purchase Details

Closed on
Nov 17, 2016
Sold by
B Wallace Design & Constru
Bought by
Erdheim Jesse and Erdheim Rachel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,845
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2016
Sold by
Self Help Ventures Fund
Bought by
B Wallace Design & Constructio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 2010
Sold by
Haskell Properties Inc
Bought by
Self Help Ventures Fund
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Haney Samuel Mitchell $485,000 None Available
Erdheim Jesse $254,500 --
B Wallace Design & Constructio $28,500 --
Self Help Ventures Fund $23,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haney Samuel Mitchell $436,500
Previous Owner Erdheim Jesse $190,845
Previous Owner B Wallace Design & Constructio $180,000
Source: Public Records

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 $5,161 $520,629 $234,000 $286,629
2024 $5,145 $368,857 $73,250 $295,607
2023 $4,832 $368,857 $73,250 $295,607
2022 $4,721 $368,857 $73,250 $295,607
2021 $4,699 $368,857 $73,250 $295,607
2020 $4,588 $368,857 $73,250 $295,607
2019 $4,588 $368,857 $73,250 $295,607
2018 $2,024 $149,231 $29,300 $119,931
2017 $2,009 $149,231 $29,300 $119,931
2016 $381 $29,300 $29,300 $0
2015 -- $15,445 $15,445 $0
2014 -- $15,445 $15,445 $0
Source: Public Records

Map

North Carolina Durham County Durham 27701 Historic West End

705 Gerard St, Durham, NC

Not Listed for Sale

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