NOT LISTED FOR SALE

903 Clarendon St Durham, NC 27705

Walltown Neighborhood

Estimated Value: $411,000 - $594,000

4 Beds
2 Baths
2,264 Sq Ft
$232/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $549,000 $242 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,188/month

4 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Floor Furnace

About This Home

As of September 2022

Ever dreamed of owning a rental property in Durham? Well this quadplex of all 1Br/1Ba units may be the opportunity you've been waiting for. Not too big (manageable size for first time landlords.) Not too small (4 units means more—and more stable—income.) 100% occupancy rate. Each private unit has its own kitchen, bathroom and central air. Shared coin-op laundry. Owner pays for water, which averages $100/month. (Tenants pay for electricity and gas.) Located one block from Duke East Campus and close to Whole Foods and the 9th St. Covered bike rack around back. The tenants love it and may be interested in extending their current lease terms if possible. Two leases thru May 2023. Two thru July 2023. $3501/mo. gross rental revenue. See floor plans posted in photos. 24 hours notice required before showings.

Last Agent to Sell the Property

Thibault Worth

Fathom Realty NC, LLC License #289510 Listed on: 08/11/2022

Fathom Realty NC, LLC

Last Buyer's Agent

Ken Cannon

Compass -- Chapel Hill - Durham License #312765

Compass -- Chapel Hill - Durham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,052

Year Built

  • Built in 1910

Lot Details

  • 6,970

Home Design

  • Brick Foundation
  • Vinyl Siding

Flooring

  • Wood Flooring

Schools

  • E K Powe Elementary School
  • Brogden Middle School
  • Riverside High School

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for water

Community Details

Overview

  • 4 Units
  • Walltown Subdivision

Building Details

  • Gross Income $3,501

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,052

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • Prop. Type: Residential Income
  • Subdivision Name: Walltown
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Wood: Yes
  • Foundation Details BrickMortar: Yes
  • Heating Gas Pack2: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 4.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Basement YN: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • Parking Features:None16: Yes

Utilities

  • Heating: Floor Furnace, Gas Pack, Natural Gas
  • Green Building Features: Coin Laundry
  • Cooling: Central Air, Electric, Gas Pack
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Floor Furnace: Yes

Schools

  • Ninth Grade High School: Durham - Riverside
  • Middle Or Junior School: Durham - Brogden

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Water

Tax Info

  • Tax Annual Amount: 3052.0
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 3501.0

MLS Schools

  • Elementary School: Durham - E K Powe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Sep 12, 2022
Sold by
Worth Fabienne A
Bought by
Blue Vista Flp
Seller's Agent
Thibault Worth
Fathom Realty NC, LLC
Buyer's Agent
Ken Cannon
Compass -- Chapel Hill - Durham
List Price
$525,000
Sold Price
$549,000
Premium/Discount to List
$24,000
4.57%
Current Estimated Value
$525,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,430
Avg. Annual Appreciation
1.03%

Purchase Details

Closed on
Sep 5, 2013
Sold by
Geer Oran Llc
Bought by
Worth Thibault A and Jao Ving

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,764
Interest Rate
4.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 20, 1998
Sold by
Thorne Lenora and Owens Delores
Bought by
Worth Fabienne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.77%
Source: Public Records

Range of Values:

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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
Blue Vista Flp $549,000 --
Worth Thibault A $143,500 None Available
Worth Fabienne A $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Worth Thibault A $154,764
Previous Owner Worth Fabienne A $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $549,000 -- --
09/14/2022 09/14/22 Sold $549,000 +4.6% $242 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $525,000 -- $232 / 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 $3,326 $238,455 $116,100 $122,355
2023 $3,124 $238,455 $116,100 $122,355
2022 $3,052 $238,455 $116,100 $122,355
2021 $3,038 $238,455 $116,100 $122,355
2020 $2,966 $238,455 $116,100 $122,355
2019 $2,966 $238,455 $116,100 $122,355
2018 $2,154 $158,804 $43,537 $115,267
2017 $2,138 $158,804 $43,537 $115,267
2016 $2,066 $158,804 $43,537 $115,267
2015 $1,955 $141,201 $22,900 $118,301
2014 -- $141,201 $22,900 $118,301
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Thibault Worth

    Fathom Realty NC, LLC

    (919) 949-9798

    1 in this area

    7 Total Sales

    Thibault Worth
    Section Image
  • Ken Cannon

    Buyer's Agent in 2022

    Ken Cannon

    Compass -- Chapel Hill - Durham

    (919) 448-4262

    1 in this area

    39 Total Sales

    Ken Cannon
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2467932

Doorify MLS

APN: 101692

North Carolina Durham County Durham 27705 Walltown

903 Clarendon St, Durham, NC

This home is located at 903 Clarendon St, Durham, NC 27705 since 11 August 2022 and is currently estimated at $525,570, approximately $232 per square foot. This property was built in 1910. 903 Clarendon St is a home located in Durham County with nearby schools including E K Powe Elementary, W.G. Pearson Elementary School, and Brogden Middle.

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