NOT LISTED FOR SALE

Estimated Value: $216,000 - $353,000

2 Beds
2 Baths
900 Sq Ft
$312/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $205,000 $228 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,682/month

65 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Carpet
  • 4-minute walk to Long Meadow Park
  • Wood Siding
  • Heating Available

About This Home

As of March 2023

Nice duplex close to Downtown Durham. Current gross monthly rent is $1250. Rents likely below market value.

Last Agent to Sell the Property

Thomas Hennessey

Hennessey Real Estate, LLC License #263899 Listed on: 12/23/2022

Last Buyer's Agent

Francisco Duque

The Insight Group License #308739

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,602

Year Built

  • Built in 1981

Lot Details

  • 8,712

Parking

  • Off-Street Parking

Home Design

  • Block Foundation
  • Wood Siding

Flooring

  • Carpet

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,602

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Year Built: 1981
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Foundation Details Block3: Yes
  • Cooling Wall Unit(s): Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet

Exterior Features

  • Construction Type: Wood Siding
  • Foundation Details: Block
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

  • Heating: Electric
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes

Schools

  • Ninth Grade High School: Durham - Northern
  • Middle Or Junior School: Durham - Lucas

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 1602.0
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Durham - Eastway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2022
Closed on
Apr 21, 2023
Sold by
Corrales Oscar and Corrales Isabel
Bought by
Dc Properties And Investments Llc
Seller's Agent
Thomas Hennessey
Hennessey Real Estate, LLC
Buyer's Agent
Francisco Duque
The Insight Group
List Price
$222,900
Sold Price
$205,000
Premium/Discount to List
-$17,900
-8.03%
Views
248
Current Estimated Value
$280,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,503
Avg. Annual Appreciation
5.11%
Original Mortgage
$164,000
Outstanding Balance
$159,037
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$71,558

Purchase Details

Listed on
Dec 23, 2022
Closed on
Mar 29, 2023
Sold by
West 4Th Llc
Bought by
Corrales Oscar and Gil Isabel
Seller's Agent
Thomas Hennessey
Hennessey Real Estate, LLC
Buyer's Agent
Francisco Duque
The Insight Group
List Price
$222,900
Sold Price
$205,000
Premium/Discount to List
-$17,900
-8.03%
Views
248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Outstanding Balance
$159,037
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$71,558

Purchase Details

Closed on
Oct 2, 2015
Sold by
Anderson Kay and Anderson Janae Clark
Bought by
West 4Th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2008
Sold by
Williams Basil D and Jenkins Kimberley D
Bought by
Stice Ii Derrald Earl and Stice Lauren A

Purchase Details

Closed on
May 31, 2006
Sold by
Morton James K and Morton Glenda G
Bought by
Williams Basil D and Jenkins Kimberley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,844
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Dc Properties And Investments Llc -- None Listed On Document
Corrales Oscar $205,000 --
West 4Th Llc $52,500 Attorney
Stice Ii Derrald Earl $60,000 None Available
Williams Basil D $55,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corrales Oscar $164,000
Previous Owner Commercial Real Estate Deed Of Trust $543,000
Previous Owner West 4Th Llc $64,800
Previous Owner West 4Th Llc $42,000
Previous Owner Williams Basil D $44,844
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $205,000 -- --
03/31/2023 03/31/23 Sold $205,000 -6.8% $228 / Sq Ft
02/25/2023 02/25/23 Pending -- -- --
02/21/2023 02/21/23 Price Changed $219,900 -1.3% $244 / Sq Ft
02/13/2023 02/13/23 For Sale $222,900 0.0% $248 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
01/10/2023 01/10/23 Price Changed $222,900 -0.9% $248 / Sq Ft
12/22/2022 12/22/22 For Sale $225,000 -- $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
2024 $1,746 $125,172 $83,790 $41,382
2023 $1,640 $125,172 $83,790 $41,382
2022 $1,602 $125,172 $83,790 $41,382
2021 $1,595 $125,172 $83,790 $41,382
2020 $1,557 $125,172 $83,790 $41,382
2019 $1,607 $129,178 $83,790 $45,388
2018 $834 $61,456 $29,925 $31,531
2017 $828 $61,456 $29,925 $31,531
2016 $800 $61,456 $29,925 $31,531
2015 $1,020 $73,650 $21,052 $52,598
2014 $1,020 $73,650 $21,052 $52,598
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2487919

Doorify MLS

APN: 111366