See Home Value
Durham 27701
705 Gray Avenue
$276,889*
House - Off Market

705 Gray Avenue

Durham, NC 27701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1264 Sqft
$239,000 - $291,000
Reference Base Price*
4.49%
Since Mar 1, 2023
National-US
Primary Model
Sold Mar 30, 2023
$195,000
Sold Aug 30, 2005
$85,000
$68,000 by Decision One Mortgage Company
Mortgage Due Aug 26, 2035

About This Property

Rehab Opportunity This property may work as rental OR flip. 3 Bedrooms 2 Bath 1,264 Sq-Ft 5,184 SF Lot  Hvac less than five years old, roof 7 years old Property has minor damage to siding.

The manager has listed the unit size as 1264 square feet.
Unit Size
1,264Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$210
Property Type
House
Property Taxes
$152
HOA Dues
-
Year Built
1941

Price History

Date / Event Date Event Price
Mar 30, 2023 Sold $195,000
Sold
Feb 1, 2023 No longer available -
No longer available
Nov 17, 2022 Price Decreased $265,000
↓ $20K (7%)
Price Decreased
Nov 6, 2022 Listed $285,000
Listed
Aug 30, 2005 Sold to Ii Sanford D Howie $85,000
Sold to Ii Sanford D Howie
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Total Rooms: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 12
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • 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: 5,227
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,264
  • Building Area: 1,264
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,264
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GEERWOOD PRK
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GEERWOOD PARK/LT#067 PL00005A-000074

Ownership

  • Current Owner : SMILING IN THE CITY LLC
  • Previous Owner : HOWIE SANFORD D
  • Previous Owner 2: HOWIE KERRI
  • Owner Before Previous Owner: BRISCOE CHEROLYN
  • Owner Before Previous Owner 2: BRISCOE VICTOR
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

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 5A PG 74
  • Parcel: 110854
  • Lot: 67
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9994
  • Longitude: -78.8873

    Address

  • Full Address: 705 Gray Ave
  • Address - House Number: 705
  • Address - Street Name: Gray
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Durham
  • Carrier Code: C031
  • 4-Digit Zip Code: 2601
  • Zip Code: 27701

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,863
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1955
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 300,714
  • High Value: 359,527
  • Low Value: 241,901

    Market Valuation

  • Market Total Value: $142,254
  • Market Land Value: $78,190
  • Market Improvement Value: $64,064

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $142,254
  • Assessed Land Value: $78,190
  • Assessed Improvements Value: $64,064

    Sales

  • Current Sale Contract Date: Mar 16, 2023
  • Current Sale Recording Date: Mar 30, 2023
  • Current Sale Transaction ID: 11904318651
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 56777
  • Previous Sale Recording Date: Aug 30, 2005
  • Previous Sale Contract Date: Aug 23, 2005
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: 705 GRAY AVE LENDING TRUST
  • First Mortgage Transaction Date: Mar 30, 2023
  • First Mortgage Loan Amount: $215,000
  • First Mortgage Terms: 9
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 30, 2024

    Previous Mortgages

  • Previous Mortgage Lender: DECISION ONE MORTGAGE COMPANY
  • Previous Mortgage Transaction Date: Aug 30, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $68,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Aug 26, 2035



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
Stu
1 Bath
506 ft²
$502/ft²
$254,012 Jan 26, 2021
-
$361/mo
Condo
1 Bed
1 Bath
509 ft²
$611/ft²
$311,124 Jan 14, 2021
-
$519/mo

About Durham


Similar Homes for Sale

Unit for sale at 521 North Mangum Street, Durham, NC 27701

$311,124

  • 1 Bed
  • 1 Bath
  • 509 ft²
521 North Mangum Street #13, Durham, NC 27701 Listing by Terra Claire VanBeek

Nearby Rentals

Unit for rent at

$2,150 /mo

  • 4 Beds
  • 2.5 Baths
Listing by HomeFront PM


Frequently Asked Questions

When was property at 705 Gray Avenue built and last sold?
The property at 705 Gray Avenue was built in 1941 and last sold on Mar 16, 2023 for $195,000.
How much is this home worth?
The estimated value of the home located at 705 Gray Avenue is $290,227.
What are some comparable homes to 705 Gray Avenue?
Homes that are comparable to 705 Gray Avenue include a condo property at 521 North Mangum Street, located in Durham, NC.

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