NOT LISTED FOR SALE

728 Liberty St Durham, NC 27701

City Center Neighborhood

Estimated Value: $366,000 - $893,000

6 Beds
3 Baths
2,100 Sq Ft
$261/Sq Ft Est. Value

Last Sold January 10, 2025

Last sale price $329,000 $157 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,214/month

105 Days on Market

Highlights

  • Window Unit Cooling System
  • Wood Siding
  • 1-Story Property
  • Baseboard Heating
  • Carpet
  • 4-minute walk to Long Meadow Park

About This Home

As of January 2025

Investment opportunity close to downtown Durham. Triplex, all units are month to month. Tenants own the appliances. Each unit has two bedrooms, a bath, kitchen and living room. Each unit is about 700 SF. Long-term tenants. Washer and dryer hookup in the kitchen.

Last Agent to Sell the Property

BJ Karkouki

Frank Ward, REALTORS License #189670 Listed on: 09/13/2024

Last Buyer's Agent

Oscar Corrales

The Insight Group License #267500

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,257

Year Built

  • Built in 1970

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Lead Paint Disclosure

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • Additional Parking
  • 3 Open Parking Spaces

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 3 Units
  • Gross Income $2,195

Listing and Financial Details

  • The owner pays for taxes
  • Assessor Parcel Number 111433

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,257

Year Built

Built in 1970

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Year Built: 1970
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2100.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: No
  • Architectural Style Ranch: Yes
  • Foundation Details Slab: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Investment opportunity close to downtown Durham. Triplex, all units are month to month. Tenants own the appliances. Each unit has two bedrooms, a bath, kitchen and living room. Each unit is about 700 SF. Long-term tenants.
  • General Property Information Senior Community YN: No
  • Contract Information Lease Term: Month To Month
  • General Property Information Above Grade Finished Area: 2100.0
  • General Property Information Carport YN: No
  • Roof Architectural Shingle: Yes
  • Disclosures Lead Based Paint: Yes
  • Cooling Window Unit(s): Yes
  • General Property Information Number Of Units Total3: 3.0
  • General Property Information Lot Size Square Feet2: 9583.0
  • General Property Information Number Of Buildings2: 1.0
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Stories2: 1
  • General Property Information:Living Area3: 2100.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Linoleum, Vinyl
  • Appliances: Electric Water Heater, Exhaust Fan
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 1
  • Appliances:Electric Water Heater: Yes
  • Appliances:Exhaust Fan: Yes

Exterior Features

  • Roof: Architectural Shingle
  • Exterior Features: None
  • Acres: 0.22
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Slab
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:None6: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 3.0
  • Open Parking: Yes
  • Parking Features: Additional Parking
  • Parking Features:Additional Parking: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 3.0

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Zoning: RU-5 (2)
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 111433

Rental Info

  • Lease Term: Month To Month
  • Owner Pays: Taxes

Tax Info

  • Tax Annual Amount: 2256.76
  • Tax Year: 2023
  • Tax Map Number: 04

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 2195.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2026
Sold by
Cg Properties & Rentals Llc
Bought by
Cg Durham 1 Llc
Current Estimated Value
$548,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,500
Outstanding Balance
$388,500
Interest Rate
6.21%
Mortgage Type
New Conventional
Estimated Equity
$159,500

Purchase Details

Closed on
Oct 25, 2024
Sold by
Hanna Sami J and Hanna Sengdeuane T
Bought by
Cg Properties & Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,200
Interest Rate
6.81%
Mortgage Type
Construction

Purchase Details

Closed on
May 7, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Hanna Sami J and Hanna Sengdeuane T

Purchase Details

Closed on
Feb 15, 2008
Sold by
Labennett Richard
Bought by
Hsbc Bank Usa Na and Ace Securities Corp Home Equity Loan Tru

Purchase Details

Closed on
Feb 17, 2005
Sold by
Toms Mary Lynn
Bought by
Labennett Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,375
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2001
Sold by
Orgain E Stewart E and Orgain Katrina S
Bought by
City Of Durham
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cg Durham 1 Llc -- None Listed On Document
Cg Properties & Rentals Llc $329,000 None Listed On Document
Hanna Sami J $59,000 None Available
Hsbc Bank Usa Na $85,500 None Available
Labennett Richard $76,500 --
City Of Durham -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cg Durham 1 Llc $388,500
Previous Owner Cg Properties & Rentals Llc $355,200
Previous Owner Labennett Richard $53,375
Closed Labennett Richard $22,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2025 01/10/25 Sold $329,000 -17.5% $157 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/13/2024 09/13/24 For Sale $399,000 0.0% $190 / Sq Ft
08/25/2024 08/25/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $399,000 -- $190 / Sq Ft
Source: Doorify MLS

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 $3,433 $346,314 $152,500 $193,814
2024 $2,462 $176,475 $85,680 $90,795
2023 $2,312 $176,475 $85,680 $90,795
2022 $2,259 $176,475 $85,680 $90,795
2021 $2,248 $176,475 $85,680 $90,795
2020 $2,195 $176,475 $85,680 $90,795
2019 $2,195 $176,475 $85,680 $90,795
2018 $1,362 $100,386 $30,600 $69,786
2017 $1,352 $100,386 $30,600 $69,786
2016 $1,306 $100,386 $30,600 $69,786
2015 $1,711 $123,635 $22,249 $101,386
2014 $1,711 $123,635 $22,249 $101,386
Source: Public Records

Agents Affiliated with this Home

  • BJ Karkouki

    Seller's Agent in 2025

    BJ Karkouki

    Frank Ward, REALTORS

    (919) 210-1422

    1 in this area

    21 Total Sales

    BJ Karkouki
    Section Image
  • Oscar Corrales

    Buyer's Agent in 2025

    Oscar Corrales

    The Insight Group

    (919) 349-7110

    1 in this area

    342 Total Sales

    Oscar Corrales
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10033509

Doorify MLS

APN: 111433

North Carolina Durham County Durham 27701 City Center

728 Liberty St, Durham, NC

Not Listed for Sale

MultiFamily

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