NOT LISTED FOR SALE

Estimated Value: $323,000 - $353,000

3 Beds
1 Bath
1,223 Sq Ft
$277/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $351,000 $287 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,039/month

1 Day on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • Private Driveway
  • Pearsontown Elementary School Rated A-
  • No HOA
  • Heat Pump System

About This Home

As of June 2023

Looking for a cozy, peaceful home near RTP? Look no further than this charming 3 bedroom, 1 bath Cape Cod in the Penrith community in Durham! With a screened-in porch and vaulted ceilings, you'll have all the comforts of home in a tranquil setting. The sizable lot provides plenty of outdoor space for gardening, entertaining, or just relaxing in the shade. Plus, with no HOA to worry about, you'll have the freedom to make this house your own. The neighborhood's wooded cul-de-sacs add to the serenity of this lovely community. All of this just over a mile from US Interstate 40 with quick access to both Raleigh and Chapel Hill! Don't miss out on this gem! Schedule a tour today and see for yourself what makes this home so special.

Last Agent to Sell the Property

D.J. Salmon

Fathom Realty NC, LLC License #295812 Listed on: 04/20/2023

Fathom Realty NC, LLC

Last Buyer's Agent

Kat Labsili

Davidson Homes Realty, LLC License #245336

Davidson Homes Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,065

Year Built

  • Built in 1982

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 81x173x85x185

Home Design

  • Cape Cod Architecture
  • Masonite

Interior Spaces

  • 1,223 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • Private Driveway
  • On-Street Parking

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Penrith Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,065

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Year Built: 1982
  • Prop. Type: Residential
  • Subdivision Name: Penrith
  • Above Grade Finished Sq Ft: 1223.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 81x173x85x185
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Levels Two: Yes
  • Room Types Primary Bedroom Level: M
  • Remarks and Miscellaneous Syndication Remarks2: `
  • Flooring Laminate: Yes
  • General Property Information Above Grade Finished Area: 1223.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 14810.4
  • General Property Information Lot Size Acres: 0.34
  • General Property Information:Living Area3: 1223.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.34
  • Construction Type: Masonite
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, On Street
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes

Utilities

  • Heating: Electric, Heat Pump
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: 81x173x85x185
  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2065.0

MLS Schools

  • Elementary School: Durham - Parkwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Jun 28, 2023
Sold by
Williams Caitlin L and Williams Grant T
Bought by
Hobbs Jordan Alexander
Seller's Agent
D.J. Salmon
Fathom Realty NC, LLC
Buyer's Agent
Kat Labsili
Davidson Homes Realty, LLC
List Price
$299,999
Sold Price
$351,000
Premium/Discount to List
$51,001
17%
Views
33
Current Estimated Value
$338,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,622
Avg. Annual Appreciation
-1.38%
Original Mortgage
$315,900
Outstanding Balance
$307,788
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$30,590

Purchase Details

Closed on
Aug 9, 2019
Sold by
Hessler John G and Hessler Theresa L
Bought by
Williams Caitlin L and Williams Grant T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,587
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2016
Sold by
Perryman Paul B
Bought by
Hessler John G and Hessler Theresa L

Purchase Details

Closed on
Mar 7, 2003
Sold by
Mckim Joshua G and Ambler Carrie A
Bought by
Perryman Paul B and Perryman Gina T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,620
Interest Rate
5.6%

Purchase Details

Closed on
Jun 14, 2001
Sold by
Morgan Reuben Gene and Morgan Nancy Strom
Bought by
Mckim Joshua G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
7.06%

Purchase Details

Closed on
Aug 23, 1999
Sold by
Strom James L and Morgan Nancy Strom
Bought by
Morgan Reuben Gene and Morgan Nancy Strom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,700
Interest Rate
7.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hobbs Jordan Alexander $351,000 Verus Title Inc
Williams Caitlin L $205,000 None Available
Hessler John G $139,000 --
Perryman Paul B $119,000 --
Mckim Joshua G $112,000 --
Morgan Reuben Gene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobbs Jordan Alexander $315,900
Previous Owner Williams Caitlin L $208,587
Previous Owner Perryman Paul B $118,620
Previous Owner Mckim Joshua G $100,800
Previous Owner Morgan Reuben Gene $83,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $351,000 -- --
06/28/2023 06/28/23 Sold $351,000 +17.0% $287 / Sq Ft
04/23/2023 04/23/23 Pending -- -- --
04/22/2023 04/22/23 For Sale $299,999 -- $245 / 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 $3,389 $341,832 $100,902 $240,930
2024 $2,531 $181,431 $50,212 $131,219
2023 $2,113 $161,319 $50,212 $111,107
2022 $2,065 $161,319 $50,212 $111,107
2021 $2,055 $161,319 $50,212 $111,107
2020 $2,007 $161,319 $50,212 $111,107
2019 $2,007 $161,319 $50,212 $111,107
2018 $1,924 $141,810 $33,475 $108,335
2017 $1,909 $141,810 $33,475 $108,335
2016 $1,845 $141,810 $33,475 $108,335
2015 $2,145 $154,955 $31,002 $123,953
2014 -- $154,955 $31,002 $123,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2506013

Doorify MLS

APN: 155137

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