NOT LISTED FOR SALE

929 Morreene Rd Unit B34 Durham, NC 27705

Erwin Neighborhood

Estimated Value: $308,000 - $313,108

3 Beds
3 Baths
1,426 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 19, 2025

Last sale price $308,000 $216 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,194/month

About This Home

Terrific condo just 1 mile from Duke's West Campus. 3 bedrooms and each has its own full private bathroom and walk-in closet. Wired for high speed internet & cable - this location and layout is perfect for 3 Duke students! GREAT investment property or perfect for parents of Duke students needing rental starting in the summer of 2025! Let your student manage the condo for you with 2 friends and keep as an investment property after they graduate! Dining room could be used as a study. Kitchen has breakfast bar and all appliances remain. Beautiful Sunroom makes a terrific second study or reading room. Property is leased for $1995.00 per month until July 31st 2025. Property must close by 2-15-25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2025
Closed on
Feb 24, 2025
Sold by
2Mm Llc
Bought by
Cai Hongzhi and Wang Ailing
Seller's Agent
Bruce Clayton
Griffin Associates REALTORS
Buyer's Agent
Bruce Clayton
Griffin Associates REALTORS
List Price
$360,000
Sold Price
$308,000
Premium/Discount to List
-$52,000
-14.44%
Views
34
Current Estimated Value
$310,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,777
Avg. Annual Appreciation
1.10%

Purchase Details

Closed on
Feb 25, 2011
Sold by
Webster Whitney Oakes and Webster Chris
Bought by
2Mm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.66%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 20, 2002
Sold by
Mendall Llc
Bought by
Webster Whitney Oakes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,100
Interest Rate
4.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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ICE

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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
Cai Hongzhi $308,000 None Listed On Document
2Mm Llc $180,000 None Available
Webster Whitney Oakes $166,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2Mm Llc $144,000
Previous Owner Webster Whitney Oakes $133,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2025 03/19/25 Sold $308,000 -3.8% $216 / Sq Ft View Prior Sale
02/01/2025 02/01/25 Pending -- -- --
01/29/2025 01/29/25 Price Changed $320,000 -7.2% $224 / Sq Ft
01/27/2025 01/27/25 Price Changed $345,000 +1.5% $242 / Sq Ft
01/21/2025 01/21/25 Price Changed $340,000 -2.9% $238 / Sq Ft
01/09/2025 01/09/25 Price Changed $350,000 -2.8% $245 / Sq Ft
01/02/2025 01/02/25 For Sale $360,000 -- $252 / Sq Ft

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 $3,286 $331,482 $0 $331,482
2024 $2,412 $172,931 $0 $172,931
2023 $2,265 $172,931 $0 $172,931
2022 $2,213 $172,931 $0 $172,931
2021 $2,203 $172,931 $0 $172,931
2020 $2,151 $172,931 $0 $172,931
2019 $2,151 $172,931 $0 $172,931
2018 $2,208 $162,792 $0 $162,792
2017 $2,192 $162,792 $0 $162,792
2016 $2,118 $162,792 $0 $162,792
2015 $2,621 $189,331 $0 $189,331
2014 $2,621 $189,331 $0 $189,331
Source: Public Records

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