NOT LISTED FOR SALE
2 Beds
-- Bath
1,096 Sq Ft
1940 Built

Last Sold December 03, 2021

Last sale price $875,000 $798 Per Sq Ft

422 Days on Market

Highlights

  • Bamboo Flooring
  • Wood Siding
  • 5-minute walk to East End Park
  • Forced Air Heating and Cooling System

About This Home

As of December 2021

Purchased in early 2014 these seven units (910,912,914,918,920 Gilbert St) were renovated to increase functionality while great was taken to maintain historic ft of the property. LOCATED IN OPPORTUNITY ZONE. Also eligible for NMTC. 2 Duplx & 3 SFR. Surrounding area scheduled for huge dev in the near future which will increase the value of this property exponentially. Alston Ave widening between 147 & Holloway will make area more accessible to RTP, RDU, & Raleigh. Within a five-minute walk from Downtown.

Last Agent to Sell the Property

Aaron Moon

Keller Williams Elite Realty License #255501 Listed on: 09/02/2020

Keller Williams Elite Realty

Last Buyer's Agent

George Patrick III

Berkshire Hathaway HomeService License #275514

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,868

Year Built

  • Built in 1940

Parking

  • 2 Parking Spaces

Home Design

  • Block Foundation
  • Wood Siding
  • Vinyl Siding

Flooring

  • Bamboo
  • Wood
  • Vinyl

Schools

  • Eastway Elementary School
  • Brogden Middle School
  • Northern High School

Additional Features

  • Laundry in unit
  • Forced Air Heating and Cooling System

Community Details

  • 7 Units
  • Gross Income $5,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,868

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • Prop. Type: Residential Income
  • Road Frontage Type: Other
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Flooring Vinyl: Yes
  • Flooring Bamboo: Yes
  • Foundation Details Block3: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 7.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Bamboo, Hardwood, Vinyl
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Type: Vinyl Siding, Wood Siding
  • Foundation Details: Block
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Schools

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

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 5868.0

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 5850.0

MLS Schools

  • Elementary School: Durham - Eastway

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $875,000 -12.5% $798 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
03/26/2021 03/26/21 Price Changed $1,000,000 -9.1% $912 / Sq Ft
09/02/2020 09/02/20 For Sale $1,100,000 -- $1,004 / 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
2025 $3,754 $378,655 $162,500 $216,155
2024 $2,850 $204,313 $90,720 $113,593
2023 $2,676 $204,313 $90,720 $113,593
2022 $2,615 $204,313 $90,720 $113,593
2021 $2,603 $204,313 $90,720 $113,593
2020 $2,541 $204,313 $90,720 $113,593
2019 $2,541 $204,313 $90,720 $113,593
2018 $1,686 $124,317 $32,400 $91,917
2017 $1,674 $124,317 $32,400 $91,917
2016 $1,618 $124,317 $32,400 $91,917
2015 $1,760 $127,118 $25,442 $101,676
2014 $1,760 $127,118 $25,442 $101,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2340507

Doorify MLS

APN: 111325