See Home Value
Durham 27701 Duke Park
1306 N Mangum Street
$844,090*
Multifamily - Off Market

1306 N Mangum Street

Durham, NC 27701
bedrooms
Studio
bathrooms
0 Bath
square feet
5016 Sqft
$675,000 - $825,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Nov 10, 2021
$710,000
$532,500 by Corporate Investors Mortgage G
Mortgage Due Dec 01, 2051
Sold Aug 08, 2019
$390,000
$378,300 by Ameris Bank
Mortgage Due Sep 01, 2049

About This Property

Wow! You will love this beautifully renovated two-unit 1925 craftsman w/ 10' ceilings. Unit A is leased for $2650/mo. Options! Rent out both, or live in one/rent or Airbnb the other. Each unit 3 bed/2 bath. Walk to downtown! Original heart pine floors. Both units have eat-in kitchens, SS appliances, tile floors, crown molding, granite countertop down, and black quartz up. Trendy new fixtures, plenty of parking, large first-floor deck. Amazing 6.9% CAP rate.

The manager has listed the unit size as 5016 square feet.
Unit Size
5,016Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$150
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1925

Price History

Date / Event Date Event Price
Nov 10, 2021 Sold to Xiaoyu Zhang $710,000
Sold to Xiaoyu Zhang
Oct 10, 2021 No longer available -
No longer available
Aug 26, 2021 Listed $750,000
Listed
Aug 8, 2019 Sold to Shane William Sweeney $390,000
Sold to Shane William Sweeney

Property Highlights

Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Total Rooms: 6
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 8
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,000
  • Building Area: 3,000
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PROP-DUKE B L
  • Land Acres: 0.27
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: PROP-DUKE B L NORTH DURHA M/BLK:43/LT#18 & LT#17 P PL00005B-000103

Ownership

  • Current Owner : ZHANG XIAOYU
  • Previous Owner : SWEENEY SHANE
  • Owner Before Previous Owner: FLETCHER JOHN W
  • Owner Before Previous Owner 2: FLETCHER JANE K

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 000200

Zoning

  • Zoning: RU-5

Geography

  • Assessors Map Reference: BK 5B PG 103
  • Parcel: 109355
  • Block: 43
  • Lot: 17,18
  • Municipality: CITY OF DURHAM
  • Latitude: 36.0091
  • Longitude: -78.8929

    Address

  • Full Address: 1306 N Mangum St
  • Address - House Number: 1306
  • Street Direction: N
  • Address - Street Name: Mangum
  • Address - Suffix Type: St
  • State: NC
  • City Name: Durham
  • Carrier Code: C004
  • 4-Digit Zip Code: 1405
  • Zip Code: 27701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,997

    Appraisal Valuation

  • Standard Deviation: 0.1862
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 75
  • Final Value: 758,962
  • High Value: 900,303
  • Low Value: 617,622

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $532,500
  • First Open Lien Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Open Lien Mortgage Recording Date: Nov 10, 2021
  • First Open Lien Mortgage Loan Amount: $532,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $534,190
  • Market Land Value: $95,325
  • Market Improvement Value: $438,865

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $534,190
  • Assessed Land Value: $95,325
  • Assessed Improvements Value: $438,865

    Sales

  • Current Sale Contract Date: Nov 03, 2021
  • Current Sale Recording Date: Nov 10, 2021
  • Current Sale Transaction ID: 11864561226
  • Current Sale Price: $710,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021057570
  • Previous Sale Recording Date: Aug 08, 2019
  • Previous Sale Contract Date: Aug 07, 2019
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Mortgage Transaction Date: Nov 10, 2021
  • First Mortgage Loan Amount: $532,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERIS BANK
  • Previous Mortgage Transaction Date: Aug 08, 2019
  • Previous Mortgage Loan Amount: $378,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,941 ft²
$270/ft²
$795,000 Dec 9, 2022
-
$495/mo
House
4 Beds
2.5 Baths
2,633 ft²
$260/ft²
$685,000 Jan 13, 2023
-
$374/mo
Townhouse
2 Beds
3.5 Baths
2,054 ft²
$365/ft²
$750,000 Nov 17, 2022
-
-
Townhouse
2 Beds
3.5 Baths
2,254 ft²
$366/ft²
$825,000 Nov 29, 2022
-
-
House
4 Beds
2.5 Baths
2,312 ft²
$359/ft²
$830,000 Sep 16, 2022
-
$741/mo
Townhouse
2 Beds
3.5 Baths
2,012 ft²
$348/ft²
$700,000 Nov 17, 2022
-
-
Townhouse
2 Beds
2.5 Baths
1,994 ft²
$351/ft²
$700,000 Dec 6, 2022
-
-
Townhouse
3 Beds
3.5 Baths
2,010 ft²
$403/ft²
$810,000 Oct 25, 2021
-
$53/mo
House
3 Beds
2 Baths
1,789 ft²
$441/ft²
$789,000 Dec 1, 2022
-
$328/mo
House
3 Beds
3.5 Baths
2,042 ft²
$414/ft²
$845,000 Oct 19, 2022
-
$1,436/mo
Townhouse
2 Beds
2.5 Baths
1,826 ft²
$356/ft²
$650,000 Nov 17, 2022
-
-
House
3 Beds
3.5 Baths
2,013 ft²
$422/ft²
$850,000 Oct 25, 2021
-
$2,210/mo

About Duke Park


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Frequently Asked Questions

When was property at 1306 North Mangum Street built and last sold?
The property at 1306 North Mangum Street was built in 1925 and last sold on Nov 3, 2021 for $710,000.
How much is this home worth?
The estimated value of the home located at 1306 North Mangum Street is $754,989.
What are some comparable homes to 1306 North Mangum Street?
There are currently no comparable homes to 1306 North Mangum Street.

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