R
Seller's Agent in 2024
Roy Ellis
Compass -- Chapel Hill - Durham
(910) 818-6334
5 in this area
56 Total Sales
Bullington Warehouse Loft Condos 500 N Duke St Unit 54-105 Durham, NC 27701
Central Park NeighborhoodEstimated Value: $365,947 - $403,000
1
Bed
1
Bath
771
Sq Ft
$499/Sq Ft
Est. Value
Highlights
- Clubhouse
- Modernist Architecture
- Quartz Countertops
- George Watts Elementary Rated A-
- High Ceiling
- 5-minute walk to South Ellerbee Trail
About This Home
As of November 2024Experience the daily dopamine of mid-century deck house living, in the package of an exceedingly convenient downtown condo. Dramatic 14 ft ceilings and oversized 10 ft tall windows frame your view of the Durham School of The Arts across the street. The dine-in kitchen, under the glow of the iconic George Nelson saucer bubble pendant, features natural quartzite countertops + all new Samsung appliances, including a future proof induction stove. Also new: the roof was replaced in 2023 and HVAC in 2024.
Polished concrete floors (brilliantly restored by Luxcrete) and exposed brick reveal the history of Bullington Warehouse, erected in 1927 for storing and drying tobacco.
Now, the building sits at the forefront of Durham's newer prevalent industry of tech, just two blocks away from Google and the Innovation District. The building is on Durham's upcoming Rail Trail which will make a jaunt downtown even easier with 2026 projected completion. For investors, the building features no rental cap and only a 30 day minimum lease.
Live at the crossroads of Durham's old and new industries, in a thoughtfully curated condo that celebrates the historic while embracing the spirit of innovation.
Disclaimer: The seller is a licensed real estate agent.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,750
Year Built
- Built in 1984 | Remodeled
HOA Fees
- $353 Monthly HOA Fees
Home Design
- Modernist Architecture
- Rustic Architecture
- Tri-Level Property
- Brick Veneer
- Slab Foundation
- Rubber Roof
Interior Spaces
- 771 Sq Ft Home
- High Ceiling
- Ceiling Fan
- Entrance Foyer
- Open Floorplan
- Fire Sprinkler System
Kitchen
- Eat-In Kitchen
- Built-In Electric Oven
- Built-In Electric Range
- Freezer
- Quartz Countertops
Flooring
- Carpet
- Concrete
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Bidet
- Shower Only
Parking
- 1 Parking Space
- Additional Parking
- 1 Open Parking Space
Schools
- E K Powe Elementary School
- Brogden Middle School
- Riverside High School
Utilities
- Central Air
- Heat Pump System
- Water Heater
Additional Features
- Built-In Barbecue
- Dog Run
Listing and Financial Details
- Assessor Parcel Number 0822-80-0036.028
Community Details
Overview
- Association fees include insurance, maintenance structure, trash, water
- Warehouse HOA York Association, Phone Number (919) 863-0818
- Bullington Warehouse Condos
- Bullington Warehouse Condo Subdivision
- Maintained Community
Amenities
- Community Barbecue Grill
- Trash Chute
- Laundry Facilities
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2024
Closed on
Nov 18, 2024
Sold by
Ellis Roy and Lee Duke
Bought by
Bucknam Andrew A
Seller's Agent
Roy Ellis
Compass -- Chapel Hill - Durham
Buyer's Agent
Judy Jones
Coldwell Banker Advantage
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Total Days on Market
99
Views
55
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
-$5,513
Avg. Annual Appreciation
-2.08%
Original Mortgage
$200,000
Outstanding Balance
$199,610
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$186,887
Purchase Details
Closed on
Sep 14, 2020
Sold by
Mason Leslie Lynn Humphrey and Adrienne R Humphrey Revocable
Bought by
Ellis Roy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 4, 2007
Sold by
Humphrey Adrienne R
Bought by
Humphrey Adrienne R and The Adrienne R Humphrey Revocable Trust
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 |
|---|---|---|---|
| Bucknam Andrew A | $390,000 | Tryon Title | |
| Bucknam Andrew A | $390,000 | Tryon Title | |
| Ellis Roy | $230,000 | None Available | |
| Humphrey Adrienne R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bucknam Andrew A | $200,000 | |
| Closed | Bucknam Andrew A | $200,000 | |
| Previous Owner | Ellis Roy | $65,850 | |
| Previous Owner | Ellis Roy | $240,000 | |
| Previous Owner | Ellis Roy | $207,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2024 11/19/24 | Sold | $390,000 | -2.5% | $506 / Sq Ft |
| 09/15/2024 09/15/24 | Pending | -- | -- | -- |
| 08/23/2024 08/23/24 | Off Market | $400,000 | -- | -- |
| 06/07/2024 06/07/24 | For Sale | $400,000 | -- | $519 / 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 | $3,993 | $286,279 | $0 | $286,279 |
| 2023 | $3,750 | $286,279 | $0 | $286,279 |
| 2022 | $3,664 | $286,279 | $0 | $286,279 |
| 2021 | $3,647 | $286,279 | $0 | $286,279 |
| 2020 | $3,694 | $296,988 | $0 | $296,988 |
| 2019 | $3,694 | $296,988 | $0 | $296,988 |
| 2018 | $2,697 | $198,795 | $0 | $198,795 |
| 2017 | $2,677 | $198,795 | $0 | $198,795 |
| 2016 | $2,587 | $198,795 | $0 | $198,795 |
| 2015 | $1,848 | $133,525 | $0 | $133,525 |
| 2014 | $1,848 | $133,525 | $0 | $133,525 |
Source: Public Records
Agents Affiliated with this Home
-
Roy Ellis
-
Judy Jones
Buyer's Agent in 2024
Judy Jones
Coldwell Banker Advantage
(919) 605-5636
1 in this area
33 Total Sales
About Bullington Warehouse Loft Condos
Map
Similar Homes in the area
Source: Doorify MLS
MLS Number: 10034065
APN: 105205
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