NOT LISTED FOR SALE

Estimated Value: $325,000 - $485,000

2.8 Acres
$149,942 Price per Acre
121,968 Sq Ft Lot

Sale Details

Date Sold: July 28, 2021

Last sale price $345,000

Est. 22% increase in value since last sale

Current estimated payment $2,426 / mo

357 Days on Market

Highlights

  • 2.8 Acre Lot
  • Southwest Elementary School Rated 9+
  • Heavily Wooded Lot

About This Lot

As of July 2021

Approximately 2.8 wooded acres with frontage on both Hanson Road and MLK Jr Parkway; adjoining the rapidly changing intersection where Fayetteville Rd and MLK Pkwy meet. Currently residential zoning with strong commercial potential; possible access to MLK (ingress/egress) as per Durham City Planning. City water/sewer access readily available. Intermittent stream, sewer and storm water piping run through western most section of lot.

Last Agent to Sell the Property

Michael Hugelmeyer

Keller Williams Elite Realty License #299211 Listed on: 06/01/2020

Keller Williams Elite Realty

Last Buyer's Agent

Camille Allen

Peridot Commercial Investments License #284326

Property Details

Property Type

  • Land

Lot Details

  • 2.8 Acre Lot
  • Sloped Lot
  • Heavily Wooded Lot

Schools

  • Southwest Elementary School
  • Lowes Grove Middle School
  • Hillside High School

Property Details

Property Type

Land

Lot Details

2.8 Acres

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Not in a Subdivision
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Vegetation Heavily Wooded: Yes
  • General Property Information Lot Size Square Feet2: 122180.0
  • General Property Information Lot Size Acres: 2.8049
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 2.8
  • Lot Features:Wooded: Yes
  • Lot Features:Sloped: Yes

Utilities

  • Utilities: None

Schools

  • Ninth Grade High School: Durham - Hillside
  • Middle Or Junior School: Durham - Lowes Grove

Lot Info

  • Current Use: Unimproved, Vacant
  • Lot Size Sq Ft: 122180.0
  • ResoLotSizeUnits: Acres
  • Wooded Area: 2.8
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Durham - Southwest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Jul 20, 2021
Sold by
Steele Sandy and Steele Deborah Wilson
Bought by
Leonine Building Solutions Llc
Seller's Agent
Michael Hugelmeyer
Keller Williams Elite Realty
Buyer's Agent
Camille Allen
Peridot Commercial Investments
List Price
$400,000
Sold Price
$345,000
Premium/Discount to List
-$55,000
-13.75%
Current Estimated Value
$419,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,838
Avg. Annual Appreciation
4.16%
Original Mortgage
$129,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 2013
Sold by
Steele Maricoma and Steele Rowland Maricoma
Bought by
Amac Propertys Inc
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Leonine Building Solutions Llc $345,000 None Available
Amac Propertys Inc -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed Leonine Building Solutions Llc $129,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $345,000 -- --
07/28/2021 07/28/21 Sold $345,000 -13.8% --
05/24/2021 05/24/21 Pending -- -- --
06/01/2020 06/01/20 For Sale $400,000 -- --
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 $2,380 $240,130 $240,130 $0
2024 $1,956 $140,200 $140,200 $0
2023 $1,836 $140,200 $140,200 $0
2022 $1,794 $140,200 $140,200 $0
2021 $863 $67,718 $67,718 $0
2020 $842 $67,718 $67,718 $0
2019 $842 $67,718 $67,718 $0
2018 $792 $58,350 $58,350 $0
2017 $786 $58,350 $58,350 $0
2016 $759 $58,350 $58,350 $0
2015 $655 $47,344 $47,344 $0
2014 $655 $47,344 $47,344 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2322222

Doorify MLS

APN: 146817

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