NOT LISTED FOR SALE

Estimated Value: $306,000 - $457,000

4 Beds
2 Baths
1,495 Sq Ft
$252/Sq Ft Est. Value

Sale Details

Date Sold: November 25, 2024

Last sale price $423,500 $283 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,333 / mo

89 Days on Market

Highlights

  • Open Floorplan
  • Property is near public transit
  • Baseboard Heating
  • Contemporary Architecture
  • Cooling System Mounted In Outer Wall Opening
  • 5-minute walk to Grant Street Park (North)

About This Home

As of November 2024

Discover an unparalleled investment opportunity in the heart of Durham, NC. This newly renovated 4-bed/2-bath duplex in the highly sought-after Hayti neighborhood As an investment, this property offers multiple avenues for returns. Capitalize on Durham's robust rental market with two separate units, providing flexibility for short-term or long-term rental strategies including living in one unit and renting the second. Extensively renovated , including a new roof, siding and windows elevate the property's curb appeal and energy efficiency. The addition of mini-split AC units provides efficient, zone-controlled climate comfort, complemented by updated light fixtures throughout for a contemporary ambiance. Step inside to experience the thoughtfully designed open floor plan in each of the 2 bedroom 2 bath room units that seamlessly integrates the living area, dining space, and kitchen - perfect for entertaining or maximizing the sense of space in each unit. The kitchen is sure to impress, featuring new appliances, a stunning butcher block waterfall island, modern lighting fixtures, new white shaker cabinets, and a stylish tiled backsplash. Ample storage, including a dedicated cabinet for washer/dryer hookup, adds to the kitchen's functionality. The bathrooms updates include new Carrara porcelain tile tub surrounds, updated tile flooring and new vanity. In the bedrooms, design elements like a board and batten focal wall in the master and a modern geometric accent wall in the secondary bedroom add visual interest and contemporary flair to the living spaces. This property sits up away from the road, with both units currently vacant and offering immediate income potential. Note that middle and high school zoning for 25/26 will change, check with the local school district for the most up-to-date information.

Last Agent to Sell the Property

Alexandra Pool

Coldwell Banker HPW License #331420 Listed on: 06/22/2024

Coldwell Banker HPW

Last Buyer's Agent

Kia Patton

Costello Real Estate & Investm License #330221

Costello Real Estate & Investm

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,094

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Back Yard

Home Design

  • Duplex
  • Contemporary Architecture
  • Block Foundation
  • Shingle Roof
  • Wood Siding
  • Masonite

Interior Spaces

  • 1,495 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Laminate Flooring
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit

Schools

  • Fayetteville Elementary School
  • Githens Middle School
  • Jordan High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for trash collection
  • Assessor Parcel Number 118051

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,094

Year Built

Built in 1984 | Remodeled

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential Income
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1495.0
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Flooring Laminate: Yes
  • Architectural Style Contemporary: Yes
  • Foundation Details Block3: Yes
  • Roof:Shingle: Yes
  • Cooling Wall Unit(s): Yes
  • Contract Information Lease Term: Other
  • General Property Information Above Grade Finished Area: 1495.0
  • Laundry Features Washer Hookup: Yes
  • Property Condition UpdatedRemodeled: Yes
  • General Property Information Number Of Units Total3: 2.0
  • Structure Type Duplex: Yes
  • General Property Information Lot Size Square Feet2: 8712.0
  • General Property Information Number Of Buildings2: 1.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Stories2: 1
  • General Property Information:Living Area3: 1495.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Laminate
  • Interior Amenities: Open Floorplan
  • Appliances: Electric Range, Microwave, Range Hood, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • Appliances:Range Hood: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.2
  • Construction Type: Masonite, Wood Siding
  • Foundation Details: Block
  • Construction Materials:Masonite: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Near Public Transit: Yes
  • Lot Features:Back Yard2: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

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

Schools

  • Ninth Grade High School: Durham - Jordan
  • Middle Or Junior School: Durham - Githens

Lot Info

  • Zoning: R-3
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 118051

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Other
  • Owner Pays: Trash Collection

Tax Info

  • Tax Annual Amount: 1094.33
  • Tax Year: 2023
  • Tax Map Number: 18

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Leased: 1
  • Number Of Units Vacant: 1

MLS Schools

  • Elementary School: Durham - Fayetteville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2024
Closed on
Oct 30, 2024
Sold by
Home Reno Solutions Llc
Bought by
Tuning Alisha R
Seller's Agent
Alexandra Pool
Coldwell Banker HPW
Buyer's Agent
Kia Patton
Costello Real Estate & Investm
List Price
$436,000
Sold Price
$423,500
Premium/Discount to List
-$12,500
-2.87%
Views
168
Current Estimated Value
$377,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,167
Avg. Annual Appreciation
-7.91%
Original Mortgage
$423,500
Outstanding Balance
$419,440
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
-$42,107

Purchase Details

Listed on
Jun 22, 2024
Closed on
Sep 26, 2024
Sold by
Sullivan Devin Liam
Bought by
Home Reno Solutions Llc
Seller's Agent
Alexandra Pool
Coldwell Banker HPW
Buyer's Agent
Kia Patton
Costello Real Estate & Investm
List Price
$436,000
Sold Price
$423,500
Premium/Discount to List
-$12,500
-2.87%
Views
168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,500
Outstanding Balance
$419,440
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
-$42,107

Purchase Details

Listed on
Feb 9, 2024
Closed on
Apr 24, 2024
Sold by
Slr Capital Ventures Llc
Bought by
Sullivan Devin Liam
Seller's Agent
Stephanie Anson
Northside Realty Inc.
Buyer's Agent
Alexandra Pool
Coldwell Banker HPW
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Views
254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
128.62%
Original Mortgage
$195,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2021
Sold by
Rhes Llc
Bought by
Slr Capital Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tuning Alisha R $423,500 Partner Title
Home Reno Solutions Llc -- None Listed On Document
Sullivan Devin Liam $260,000 None Listed On Document
Slr Capital Ventures Llc $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tuning Alisha R $423,500
Previous Owner Sullivan Devin Liam $195,000
Previous Owner Slr Capital Ventures Llc $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2024 11/25/24 Sold $423,500 +0.8% $283 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/06/2024 09/06/24 Price Changed $420,000 -3.0% $281 / Sq Ft
08/03/2024 08/03/24 Price Changed $432,888 -0.7% $290 / Sq Ft
06/22/2024 06/22/24 For Sale $436,000 +67.7% $292 / Sq Ft
04/25/2024 04/25/24 Sold $260,000 -3.7% $174 / Sq Ft View Prior Sale
03/29/2024 03/29/24 Pending -- -- --
03/15/2024 03/15/24 Price Changed $269,900 0.0% $181 / Sq Ft
03/07/2024 03/07/24 Price Changed $270,000 -1.8% $181 / Sq Ft
02/22/2024 02/22/24 Price Changed $274,900 0.0% $184 / Sq Ft
02/09/2024 02/09/24 For Sale $275,000 -- $184 / 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 $3,997 $403,230 $105,000 $298,230
2024 $1,263 $90,530 $24,060 $66,470
2023 $1,159 $90,530 $24,060 $66,470
2022 $1,159 $90,530 $24,060 $66,470
2021 $1,153 $90,530 $24,060 $66,470
2020 $1,126 $90,530 $24,060 $66,470
2019 $1,126 $90,530 $24,060 $66,470
2018 $826 $60,866 $10,827 $50,039
2017 $820 $60,866 $10,827 $50,039
2016 $792 $60,866 $10,827 $50,039
2015 $1,073 $77,536 $18,109 $59,427
2014 $1,073 $77,536 $18,109 $59,427
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10037254

Doorify MLS

APN: 118051

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