NOT LISTED FOR SALE

Estimated Value: $224,000 - $272,879

2 Beds
2 Baths
1,236 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 26, 2024

Last sale price $250,000 $202 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,483/month

74 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Wood Siding
  • Window Unit Cooling System
  • 1-Story Property
  • Heating Available

About This Home

As of November 2024

Incredible opportunity to own an established income producing property. This wonderful Historic bungalow is a part of the National East Durham Historic District and is possibly eligible for Historic tax Credits! Unit A is vacant for new tenant or owner occupant. Unit B currently rented out for instant cash flow! New roof, 2024. Wonderful historic neighborhood, walk to Old East Durham business district or Golden Belt in mere minutes! Current rent is $795 for Unit B, expires on 4/14/2025. Seller to entertain any and all requests from potential buyer!

Last Agent to Sell the Property

Jeff Goldman

Nest Realty of the Triangle License #276608 Listed on: 08/28/2024

Nest Realty of the Triangle

Last Buyer's Agent

Alex Galindo

EXP Realty LLC License #349336

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Bungalow
  • Brick Foundation
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,236 Sq Ft Home
  • 1-Story Property
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • On-Street Parking
  • 1 Open Parking Space

Schools

  • Eastway Elementary School
  • Neal Middle School
  • Northern High School

Utilities

  • Window Unit Cooling System
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0831-56-9377

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1236.0
  • Architectural Style: Bungalow
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Architectural Style Bungalow: Yes
  • Foundation Details Block3: Yes
  • Foundation Details BrickMortar: Yes
  • Roof:Shingle: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 1236.0
  • Roof Asphalt3: Yes
  • Cooling Window Unit(s): Yes
  • General Property Information Lot Size Square Feet2: 6969.6
  • General Property Information Lot Size Acres: 0.16
  • General Property Information:Living Area3: 1236.0
  • General Property Information Waterfront YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Acres: 0.16
  • Waterfront: No
  • Construction Type: Wood Siding
  • Foundation Details: Block, Brick/Mortar
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: On Street
  • Parking Features:On Street: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Heating: Other
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

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 - Neal

Lot Info

  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 0831-56-9377
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Other

Tax Info

  • Tax Annual Amount: 77358.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Durham - Eastway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Nov 21, 2024
Sold by
Barefoot Development Group Llc
Bought by
Garcia Guadalupe and Semprit Jeremy
Seller's Agent
Jeff Goldman
Nest Realty of the Triangle
Buyer's Agent
Alex Galindo
EXP Realty LLC
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Views
96
Current Estimated Value
$246,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,780
Avg. Annual Appreciation
-1.40%

Purchase Details

Closed on
Feb 4, 2022
Sold by
Revision Developers Llc
Bought by
Barefoot Developers Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,350
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2021
Sold by
Holleejay Properties Llc
Bought by
Barefoot Development Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
2.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 7, 2017
Sold by
Topal Jordan and Topal Lee M
Bought by
Holleejay Properties Llc

Purchase Details

Closed on
Dec 14, 2016
Sold by
Couch Furniture Co Inc
Bought by
Topal Jordan
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
Garcia Guadalupe $250,000 None Listed On Document
Barefoot Developers Group Llc -- Reinhardt Law Offices Pllc
Barefoot Development Group Llc $165,000 None Available
Holleejay Properties Llc -- None Available
Topal Jordan $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barefoot Developers Group Llc $240,350
Previous Owner Barefoot Development Group Llc $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold $250,000 -9.1% $202 / Sq Ft
11/10/2024 11/10/24 Pending -- -- --
08/28/2024 08/28/24 For Sale $275,000 -- $222 / 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 $2,361 $238,173 $104,400 $133,773
2024 $1,079 $77,358 $26,100 $51,258
2023 $1,013 $77,358 $26,100 $51,258
2022 $990 $77,358 $26,100 $51,258
2021 $985 $77,358 $26,100 $51,258
2020 $962 $77,358 $26,100 $51,258
2019 $962 $77,358 $26,100 $51,258
2018 $752 $55,468 $14,500 $40,968
2017 $747 $55,468 $14,500 $40,968
2016 $722 $55,468 $14,500 $40,968
2015 $603 $43,580 $15,088 $28,492
2014 $603 $43,580 $15,088 $28,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10049481

Doorify MLS

APN: 112958