See Home Value
Durham 27701
408 Gray Avenue
$489,459*
House - Off Market

408 Gray Avenue

Durham, NC 27701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1736 Sqft
$391,000 - $477,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold May 26, 2021
$475,000
$375,000 by Corporate Investors Mortgage G
Mortgage Due Jun 01, 2051
Sold May 04, 2018
$344,000
$67,000 by Towne Mortgage Of The Carolina
Mortgage Due Jun 01, 2033

About This Property

BEST LOOKING 99-YEAR-OLD IN DURHAM! Lovingly cared for and renovated single story living: Deceptively large living spaces make you forget this beauty was built around 1922! Includes amazing hardwood floors, high ceilings, custom tile work, great lighting and many clean, modern design choices. Large closets, spacious bathrooms and mudroom offer new-fashioned conveniences paired with historic charm. Large FENCED yard features space for entertainment, gardening, and more! Showings begin 4/23

The manager has listed the unit size as 1736 square feet.
Unit Size
1,736Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$251
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1922

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
May 26, 2021 Sold to John Stehlin, Logan Harris $475,000
Sold to John Stehlin, Logan Harris
Apr 25, 2021 In contract -
In contract
Apr 17, 2021 Listed $434,900
Listed
May 4, 2018 Sold to James Xavier Dempsey, Nicho... $344,000
Sold to James Xavier Dempsey, Nicho...
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1922
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 530
  • Total Building Area: 1,604
  • Building Area: 1,604
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,604
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SURVEY OF THE E C BELVIN
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PROP-NORTH EAST LAND CO/L T#21 PL000002-000131

Ownership

  • Current Owner : HARRIS LOGAN
  • Current Owner 2: STEHLIN JOHN
  • Previous Owner : WILLIAMS NICHOLAS X
  • Owner Before Previous Owner: LINDJORD JON D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 000900

Zoning

  • Zoning: RU-5(2)

Geography

  • Assessors Map Reference: BK 2 PG 131
  • Parcel: 110643
  • Lot: 21
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9991
  • Longitude: -78.8911

    Address

  • Full Address: 408 Gray Ave
  • Address - House Number: 408
  • Address - Street Name: Gray
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Durham
  • Carrier Code: C031
  • 4-Digit Zip Code: 2516
  • Zip Code: 27701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,324

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 78
  • Final Value: 566,338
  • High Value: 663,251
  • Low Value: 469,425

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Open Lien Mortgage Recording Date: May 26, 2021
  • First Open Lien Mortgage Loan Amount: $375,000
  • 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: Jun 01, 2051
  • Second Open Lien Mortgage Lender: STATE EMPLOYEES CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Feb 15, 2023
  • Second Open Lien Mortgage Loan Amount: $125,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $330,081
  • Market Land Value: $79,940
  • Market Improvement Value: $250,141

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $330,081
  • Assessed Land Value: $79,940
  • Assessed Improvements Value: $250,141

    Sales

  • Current Sale Contract Date: May 17, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Transaction ID: 11836686989
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021026652
  • Previous Sale Recording Date: May 04, 2018
  • Previous Sale Contract Date: May 01, 2018
  • Previous Sale Amount: $344,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Mortgage Transaction Date: May 26, 2021
  • First Mortgage Loan Amount: $375,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: TOWNE MORTGAGE OF THE CAROLINA
  • Previous Mortgage Transaction Date: May 04, 2018
  • Previous Mortgage Loan Amount: $67,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2033



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
1,490 ft²
$335/ft²
$498,900 Oct 6, 2023
-
-
House
3 Beds
2 Baths
1,357 ft²
$352/ft²
$476,999 Dec 3, 2023
-
-
House
3 Beds
2.5 Baths
1,364 ft²
$263/ft²
$359,000 Oct 6, 2023
-
$204/mo
House
3 Beds
2.5 Baths
2,320 ft²
$151/ft²
$349,999 Oct 17, 2022
-
$240/mo
House
4 Beds
2.5 Baths
1,781 ft²
$280/ft²
$499,000 Oct 20, 2023
-
$287/mo
House
4 Beds
2 Baths
2,225 ft²
$164/ft²
$365,000 Mar 17, 2023
-
$225/mo
In Contract
Multifamily
4 Beds
2 Baths
1,512 ft²
$231/ft²
$350,000 Nov 21, 2023
-
$108/mo
Condo
1 Bed
2 Baths
906 ft²
$480/ft²
$435,000 Jul 2, 2020
-
$284/mo
Condo
1 Bed
1 Bath
706 ft²
$582/ft²
$410,900 Dec 7, 2020
-
$772/mo
Condo
1 Bed
1 Bath
672 ft²
$595/ft²
$399,900 May 18, 2022
-
$241/mo

About Durham


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Frequently Asked Questions

When was property at 408 Gray Avenue built and last sold?
The property at 408 Gray Avenue was built in 1922 and last sold on May 17, 2021 for $475,000.
How much is this home worth?
The estimated value of the home located at 408 Gray Avenue is $442,803.
What are some comparable homes to 408 Gray Avenue?
There are currently no comparable homes to 408 Gray Avenue.

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