NOT LISTED FOR SALE

916 Park Ave Durham, NC 27701

East Durham Neighborhood

Estimated Value: $234,000 - $358,000

2 Beds
3 Baths
1,302 Sq Ft
$215/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $201,000 $154 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,629/month

3 Days on Market

About This Home

As of September 2021

Both units are occupied and both units have tenants that pay on time or early even during the Pandemic! Roof 2006. HVAC 2013, upgraded electric, vinyl windows. Unit A has an open concept living room kitchen area with tile countertops, hardwood floors washer dryer connections. Unit B is more traditional closed kitchen with built in microwave, refrig, electric range, and washer/dryer connection, hardwood floors.

Last Agent to Sell the Property

Bennie Glenn

Premier Advantage Realty Inc License #39628 Listed on: 07/30/2021

Last Buyer's Agent

Kim Satterfield

Elms Lane LLC License #201713

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,043

Year Built

  • Built in 1938

Parking

  • Off-Street Parking

Home Design

  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Schools

  • Eastway Elementary School
  • Neal Middle School
  • Northern High School

Additional Features

  • Laundry in unit
  • Crawl Space
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,043

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Year Built: 1938
  • Prop. Type: Residential Income
  • 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
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

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 - Neal

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 1043.0
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Durham - Eastway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Aug 31, 2021
Sold by
Bailey Joseph Ray and Bailey Velancia P
Bought by
Mason Sean
Seller's Agent
Bennie Glenn
Premier Advantage Realty Inc
Buyer's Agent
Kim Satterfield
Elms Lane LLC
List Price
$189,000
Sold Price
$201,000
Premium/Discount to List
$12,000
6.35%
Current Estimated Value
$279,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,470
Avg. Annual Appreciation
8.70%
Original Mortgage
$197,359
Outstanding Balance
$179,710
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$99,760

Purchase Details

Closed on
Mar 26, 2012
Sold by
Rehab Investments Lp
Bought by
Cr Capital Gorup Llc

Purchase Details

Closed on
Apr 11, 2008
Sold by
Hernandez Edgar A
Bought by
Rehab Investments Lp

Purchase Details

Closed on
Jan 24, 2006
Sold by
Hernandez Edgar
Bought by
Hernandez Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,450
Interest Rate
6.08%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 12, 2005
Sold by
Smiths Realty Inc
Bought by
Hernandez Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,450
Interest Rate
6.08%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mason Sean $201,000 None Available
Cr Capital Gorup Llc -- None Available
Rehab Investments Lp $40,000 None Available
Hernandez Edgar -- None Available
Hernandez Edgar $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason Sean $197,359
Previous Owner Hernandez Edgar A $47,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $201,000 -- --
09/03/2021 09/03/21 Sold $201,000 +6.3% $154 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $189,000 -- $145 / 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 $1,271 $91,152 $26,347 $64,805
2023 $1,099 $83,892 $26,347 $57,545
2022 $1,074 $83,892 $26,347 $57,545
2021 $1,069 $83,892 $26,347 $57,545
2020 $1,044 $83,892 $26,347 $57,545
2019 $1,044 $83,892 $26,347 $57,545
2018 $797 $58,719 $14,637 $44,082
2017 $791 $58,719 $14,637 $44,082
2016 $764 $58,719 $14,637 $44,082
2015 $1,037 $74,897 $15,411 $59,486
2014 $1,037 $74,897 $15,411 $59,486
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bennie Glenn

    Premier Advantage Realty Inc

  • Kim Satterfield

    Buyer's Agent in 2021

    Kim Satterfield

    Elms Lane LLC

    (919) 428-3135

    4 in this area

    77 Total Sales

    Kim Satterfield
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Map

Source: Doorify MLS

MLS Number: 2399070

Doorify MLS

APN: 113076

North Carolina Durham County Durham 27701 East Durham

916 Park Ave, Durham, NC

This home is located at 916 Park Ave, Durham, NC 27701 since 30 July 2021 and is currently estimated at $279,470, approximately $214 per square foot. This property was built in 1938. 916 Park Ave is a home located in Durham County with nearby schools including Eastway Elementary, W.G. Pearson Elementary School, and Brogden Middle.

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