NOT LISTED FOR SALE

802 Park Ave Durham, NC 27703

East Durham Neighborhood

Estimated Value: $266,000 - $594,000

2 Beds
1 Bath
1,208 Sq Ft
$396/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $505,000 $418 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,985/month

Highlights

  • Granite Countertops
  • Tile Flooring
  • Central Air
  • No HOA
  • 1-Story Property

About This Home

As of June 2024

A beautiful two-bedroom unit in a 1930's triplex! No carpet throughout the home! Large family room with great natural light and built-in bookshelves!! Both bedrooms have a false fireplace & closet! Large bathroom with tub/shower and linen closet! Huge kitchen with updated cabinets/appliances, & an eat-in area! The condo has no official patio area but a yard for you to enjoy!

Last Agent to Rent the Property

Pamela Gainey

Oak City Properties License #236478 Listed on: 03/22/2024

Last Renter's Agent

Pam Madigan

Wilson West Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,239

Year Built

  • Built in 1930

Lot Details

  • 0.28

Parking

  • On-Street Parking

Home Design

  • Triplex

Interior Spaces

  • 1,208 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $1,295
  • Property Available on 3/29/24
  • Tenant pays for electricity, gas, water
  • 12 Month Lease Term

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,239

Year Built

Built in 1930

Lot Details

0

Rental Info

  • Tenant Pays: Electricity, Gas, Water
  • Lease Term: 12 Months
  • Available Date: 2024-03-29

Listing Details

  • Year Built: 1930
  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 1208.0
  • Unit Levels: One
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Flooring Laminate: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2024-03-29
  • Contract Information Security Deposit2: 1295.0
  • General Property Information Above Grade Finished Area: 1208.0
  • Structure Type Triplex: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Tile
  • Interior Amenities: Granite Counters
  • Appliances: Dishwasher, Electric Oven, Electric Range
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Granite Counters: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Oven: Yes
  • Laundry Features:In Unit: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2023
Sold by
Ali Syed Omar and Ali Shabnam
Bought by
802 Park Llc
Current Estimated Value
$478,412

Purchase Details

Listed on
Jul 8, 2022
Closed on
Aug 8, 2022
Sold by
Or Park Llc
Bought by
Ali Syed Omar and Baig Shabnam
Seller's Agent
Peyton Irby
Irby Stinson Realty
Buyer's Agent
Pamela Gainey
Oak City Properties
List Price
$500,000
Sold Price
$505,000
Premium/Discount to List
$5,000
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.87%
Original Mortgage
$378,750
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2019
Sold by
Locklear Jerry
Bought by
Or Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 19, 1999
Sold by
Johnson Gloria H
Bought by
Locklear Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.08%
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
802 Park Llc -- None Listed On Document
Ali Syed Omar $505,000 --
Or Park Llc $220,000 None Available
Locklear Jerry $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ali Syed Omar $378,750
Previous Owner Or Park Llc $187,000
Previous Owner Locklear Jerry $88,428
Previous Owner Locklear Jerry $60,741
Previous Owner Locklear Jerry $48,000
Closed Locklear Jerry $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2024 06/15/24 Rented $1,295 0.0% --
03/22/2024 03/22/24 For Rent $1,295 0.0% --
12/14/2023 12/14/23 Off Market $505,000 -- --
09/15/2022 09/15/22 Sold $505,000 +1.0% $180 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $500,000 0.0% $178 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $500,000 -- $178 / 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 $5,239 $375,590 $28,800 $346,790
2023 $4,920 $375,522 $28,732 $346,790
2022 $1,919 $149,909 $28,732 $121,177
2021 $1,910 $149,909 $28,732 $121,177
2020 $1,865 $149,909 $28,732 $121,177
2019 $1,865 $149,909 $28,732 $121,177
2018 $1,785 $131,575 $15,962 $115,613
2017 $1,772 $131,575 $15,962 $115,613
2016 $1,712 $131,575 $15,962 $115,613
2015 $1,797 $129,813 $16,328 $113,485
2014 $1,797 $129,813 $16,328 $113,485
Source: Public Records

Agents Affiliated with this Home

  • P

    Landlord's Agent in 2024

    Pamela Gainey

    Oak City Properties

    (919) 395-8588

    1 in this area

    26 Total Sales

    Pamela Gainey
    Section Image

  • P

    Tenant's Agent in 2024

    Pam Madigan

    Wilson West Agency

  • P

    Seller's Agent in 2022

    Peyton Irby

    Irby Stinson Realty

    (919) 413-6402

    2 in this area

    92 Total Sales

    Peyton Irby
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10018894

Doorify MLS

APN: 112870

North Carolina Durham County Durham 27703 East Durham

802 Park Ave, Durham, NC

This home is located at 802 Park Ave, Durham, NC 27703 since 22 March 2024 and is currently priced at $478,412. This property was built in 1930. 802 Park Ave is a home located in Durham County with nearby schools including Eastway Elementary, W.G. Pearson Elementary School, and Brogden Middle.

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