NOT LISTED FOR SALE

707 S Mineral Springs Rd Durham, NC 27703

Eastern Durham Neighborhood

Estimated Value: $327,000 - $1,365,000

2 Beds
1 Bath
840 Sq Ft
$716/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $1,500,000 $1,786 Per Sq Ft

Current estimated payment $4,538/month

203 Days on Market

Highlights

  • 9.52 Acre Lot
  • Wood Flooring
  • Private Driveway
  • Ranch Style House
  • No HOA
  • Wood Siding

About This Home

As of November 2023

Back On The Market!! Great Investment Potential With This 9.52 Acre Lot on The Corner Of Mineral Springs Road and Holder Road. This Gorgeous Land is Level, Open and Ideal for Development. Small Farm House Sold W/ Property. Home Sold at No Value. Sewer Across Road, Water On Site. **Do Not Enter Old Barn / Buildings.

Last Agent to Sell the Property

Frank Gombatz

Long & Foster Real Estate INC/Brier Creek License #165324 Listed on: 06/24/2021

Long & Foster Real Estate INC/Brier Creek

Co-Listed By

Gardner Reynolds

Long & Foster Real Estate INC/Brier Creek License #275747

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,635

Year Built

  • Built in 1925

Lot Details

  • 9.52 Acre Lot
  • Property is zoned RR & R-20

Parking

  • 2 Car Garage
  • Private Driveway
  • Unpaved Parking

Home Design

  • Ranch Style House
  • Farmhouse Style Home
  • Wood Siding

Interior Spaces

  • 840 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Oakgrove Elementary School
  • Neal Middle School
  • Southern High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,635

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1925
  • Prop. Type: Residential
  • Co List Office Mls Id: 2179
  • Co List Office Phone: 919-781-4452
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 840.0
  • Architectural Style: Farm House, Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Plat
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Architectural Style Farm House: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Wood: Yes
  • Heating None12: Yes
  • Cooling None4: Yes
  • General Property Information Above Grade Finished Area: 840.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 414691.2
  • General Property Information Lot Size Acres: 9.52
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Acres: 9.52
  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Unpaved
  • Parking Features:Driveway: Yes
  • Parking Features:Unpaved: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: None
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Durham - Southern
  • Middle Or Junior School: Durham - Neal

Lot Info

  • Zoning: RR & R-20
  • Lot Dimensions: See Plat
  • Lot Size Sq Ft: 414691.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1635.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Durham - Oakgrove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Nov 3, 2023
Sold by
Moore Shirley Fletcher and Sessoms Peggy Fletcher
Bought by
Odg 87 Llc
Seller's Agent
Frank Gombatz
Long & Foster Real Estate INC/Brier Creek
Buyer's Agent
Non Member
Non Member Office
List Price
$1,350,000
Sold Price
$1,500,000
Premium/Discount to List
$150,000
11.11%
Views
8
Current Estimated Value
$601,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$898,278
Avg. Annual Appreciation
-36.96%
Original Mortgage
$975,000
Outstanding Balance
$956,957
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
-$355,235
Source: Public Records

Range of Values:

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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
Odg 87 Llc -- None Listed On Document
Odg 87 Llc $1,500,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odg 87 Llc $975,000
Closed Odg 87 Llc $760,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $1,500,000 -- --
11/03/2023 11/03/23 Sold $1,500,000 +11.1% $1,786 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
10/11/2021 10/11/21 For Sale $1,350,000 0.0% $1,607 / Sq Ft
10/11/2021 10/11/21 Price Changed $1,350,000 +28.6% $1,607 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $1,050,000 -- $1,250 / 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 $16,588 $1,673,381 $1,575,910 $97,471
2024 $2,344 $168,070 $109,162 $58,908
2023 $1,741 $168,070 $109,162 $58,908
2022 $1,687 $168,070 $109,162 $58,908
2021 $1,474 $168,070 $109,162 $58,908
2020 $1,440 $168,001 $109,093 $58,908
2019 $1,423 $168,001 $109,093 $58,908
2018 $1,589 $172,139 $124,550 $47,589
2017 $1,537 $172,139 $124,550 $47,589
2016 $1,490 $172,139 $124,550 $47,589
2015 $1,312 $127,030 $96,570 $30,460
2014 -- $127,030 $96,570 $30,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2391666

Doorify MLS

APN: 162613