Seller's Agent in 2023
William Patrick
EXP Realty LLC
(719) 684-5190
1 in this area
153 Total Sales
1801 Morehead Ave Durham, NC 27707
Lakewood Park NeighborhoodEstimated Value: $299,000 - $471,963
4
Beds
2
Baths
1,631
Sq Ft
$230/Sq Ft
Est. Value
Highlights
- Corner Lot
- Luxury Vinyl Tile Flooring
- Forced Air Heating and Cooling System
- Lakewood Montessori Middle School Rated A-
About This Home
As of December 2023Exceptional opportunity! Fully renovated duplex with brand-new roof, HVAC, sleek black granite countertops, modern light fixtures, and stylish accent walls throughout. 2 bed/1 bath on each side.Located steps from Duke University and Downtown, this property is a prime investment for both short-term and long-term rentals. OR you could live in one unit and generate passive income from the other! Plenty of parking for tenants. Don't miss out on this turnkey investment!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,686
Year Built
- Built in 1961
Lot Details
- 8,276
Parking
- 3 Parking Spaces
Home Design
- Brick Exterior Construction
Schools
- Spaulding Elementary School
- Brogden Middle School
- Jordan High School
Additional Features
- Luxury Vinyl Tile Flooring
- Crawl Space
- Corner Lot
- Forced Air Heating and Cooling System
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2023
Closed on
Dec 6, 2023
Sold by
Ajkk Investments Llc
Bought by
Johnston Michael and Johnston Kenzie
Seller's Agent
William Patrick
EXP Realty LLC
Buyer's Agent
Matt Lunceford Blivin
Nest Realty of the Triangle
List Price
$375,000
Sold Price
$400,000
Premium/Discount to List
$25,000
6.67%
Total Days on Market
2
Views
68
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,259
Avg. Annual Appreciation
-4.62%
Original Mortgage
$300,000
Outstanding Balance
$296,471
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$78,270
Purchase Details
Closed on
Aug 16, 2023
Sold by
Green Street Home Buyers Llc
Bought by
Ajkk Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,200
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 15, 2023
Sold by
Stephen Walker Harris Revocable Trust
Bought by
Green Street Home Buyers Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,200
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 29, 1999
Sold by
Harris Boyd White and Harris Stephen Walker
Bought by
Harris Boyd White and Harris Stephen Walker
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnston Michael | $400,000 | Tryon Title | |
| Ajkk Investments Llc | $235,000 | None Listed On Document | |
| Green Street Home Buyers Llc | $200,000 | None Listed On Document | |
| Harris Boyd White | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Johnston Michael | $300,000 | |
| Previous Owner | Ajkk Investments Llc | $270,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/07/2023 12/07/23 | Sold | $400,000 | +6.7% | $245 / Sq Ft |
| 11/06/2023 11/06/23 | Pending | -- | -- | -- |
| 11/04/2023 11/04/23 | For Sale | $375,000 | -- | $230 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $4,276 | $306,557 | $65,615 | $240,942 |
| 2023 | $1,687 | $128,783 | $65,615 | $63,168 |
| 2022 | $1,648 | $128,783 | $65,615 | $63,168 |
| 2021 | $1,641 | $128,783 | $65,615 | $63,168 |
| 2020 | $1,602 | $128,783 | $65,615 | $63,168 |
| 2019 | $1,602 | $128,783 | $65,615 | $63,168 |
| 2018 | $1,043 | $76,915 | $17,895 | $59,020 |
| 2017 | $1,036 | $76,915 | $17,895 | $59,020 |
| 2016 | $1,001 | $148,022 | $44,737 | $103,285 |
| 2015 | $1,000 | $72,250 | $14,450 | $57,800 |
| 2014 | $1,009 | $72,857 | $15,057 | $57,800 |
Source: Public Records
Agents Affiliated with this Home
-
William Patrick
-
Angelica Galavis
A
Seller Co-Listing Agent in 2023
Angelica Galavis
DRB Group North Carolina LLC
(919) 433-6857
1 in this area
24 Total Sales
-
Matt Lunceford Blivin
Buyer's Agent in 2023
Matt Lunceford Blivin
Nest Realty of the Triangle
(919) 323-0527
1 in this area
70 Total Sales
Map
Similar Homes in the area
Source: Doorify MLS
MLS Number: 2540644
APN: 108505
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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