
1208 Gearwood Ave Durham, NC 27701
Central Park NeighborhoodHighlights
- New Construction
- No HOA
- Tile Flooring
- Transitional Architecture
- 2 Car Attached Garage
- 5-minute walk to East End Park
About This Home
As of April 2025Urban elegance meets downtown cool! This brand-new 3-bed, 2.5-bath home—plus a detached oversized 2-car garage with a 2-bed, 1-bath apartment above (ADU)—is the perfect solution to rising housing costs! Live in the main house and rent out the ADU on Airbnb or to a long-term tenant, or live in the ADU and rent out the main home. Either way, offset a significant portion of your mortgage while enjoying modern design and timeless finishes.Built with quality craftsmanship, this spacious home offers abundant natural light and rare downtown perks—like a 2-car garage! A full-width covered porch with custom millwork welcomes you inside, where a bright office/flex space features large French doors and ample windows. A hall closet and stylish half bath with a quartz vanity add convenience. The open living, dining, and kitchen area is an entertainer's dream, boasting stainless steel appliances, custom shaker-style cabinetry, quartz countertops, a large island with a breakfast bar, and a vent hood that exhausts to the exterior. A sleek tri-blade ceiling fan, recessed lighting, and large windows enhance the airy feel.At the rear, a spacious drop zone offers seating, cubbies, and coat hooks, leading to a 14' x 12' screened porch with a ceiling fan and recessed lighting—ideal for outdoor relaxation. Upstairs, the owner's suite features dual closets and a luxurious bath with a glass-enclosed shower, floor-to-ceiling tile, a dual vanity with quartz countertops, and a linen closet. Two additional bedrooms share a stylish bath with a tub/shower, recessed niches, quartz vanity, and large-format tile. A huge laundry room accommodates side-by-side appliances with extra storage.The ADU, accessed via an exterior staircase, offers a chef's kitchen with quartz counters, a breakfast bar, soft-close cabinetry, stainless steel appliances, and stacked laundry. The open-concept living space is bathed in natural light, while two generous bedrooms share a custom bathroom with floor-to-ceiling tile, a transom window, and a quartz-topped vanity.The oversized 2-car garage (22' wide x 24' deep with an 8' door) fits large vehicles, includes workshop space, and offers two additional storage units—one accessible from the garage and another from the exterior. A third off-street parking space adds even more flexibility.Located on a quiet, walkable, and bike-friendly street in a diverse historic area, this Gearwood Avenue home is just blocks from Cleveland-Holloway and Old North Durham. Don't miss this opportunity to own a stunning, income-generating property in booming Durham!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,170
Year Built
- Built in 2025 | New Construction
Lot Details
- 6,098 Sq Ft Lot
Parking
- 2 Car Attached Garage
- 2 Open Parking Spaces
Home Design
- Home is estimated to be completed on 1/15/25
- Transitional Architecture
- Slab Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,725 Sq Ft Home
- 1-Story Property
- Basement
- Crawl Space
Flooring
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Schools
- Eastway Elementary School
- Lucas Middle School
- Northern High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
Community Details
- No Home Owners Association
- Geerwood Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 110850
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/22/2025 04/22/25 | Sold | $815,000 | 0.0% | $472 / Sq Ft |
03/14/2025 03/14/25 | Pending | -- | -- | -- |
02/03/2025 02/03/25 | For Sale | $815,000 | -- | $472 / Sq Ft |
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 | $1,114 | $79,870 | $79,870 | $0 |
2023 | $1,046 | $79,870 | $79,870 | $0 |
2022 | $1,022 | $79,870 | $79,870 | $0 |
2021 | $1,017 | $79,870 | $79,870 | $0 |
2020 | $1,717 | $137,994 | $79,870 | $58,124 |
2019 | $1,717 | $137,994 | $79,870 | $58,124 |
2018 | $893 | $65,811 | $17,115 | $48,696 |
2017 | $886 | $65,811 | $17,115 | $48,696 |
2016 | $856 | $65,811 | $17,115 | $48,696 |
2015 | $737 | $53,259 | $15,639 | $37,620 |
2014 | $737 | $53,259 | $15,639 | $37,620 |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $300,000 | Construction | |
Previous Owner | $350,000 | Construction | |
Previous Owner | $168,000 | Construction | |
Previous Owner | $513,000 | Construction | |
Previous Owner | $118,000 | New Conventional |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | None Listed On Document | |
Warranty Deed | -- | None Listed On Document | |
Warranty Deed | $175,000 | -- | |
Warranty Deed | $180,000 | None Available | |
Warranty Deed | $120,000 | None Available | |
Warranty Deed | $60,000 | None Available |
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Source: Doorify MLS
MLS Number: 10074353

APN: 110850