NOT LISTED FOR SALE

7525 Chesley Ln Durham, NC 27713

Estimated Value: $648,000 - $694,000

4 Beds
2.5 Baths
3,456 Sq Ft
$192/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $639,000 $185 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,115/month

44 Days on Market

Highlights

  • Open Floorplan
  • Deck
  • Traditional Architecture
  • Clubhouse
  • Wooded Lot
  • Bonus Room

About This Home

As of April 2024

Excellent Southpointe location with easy access to I40.

Last Listed By

Wes Snead

Coldwell Banker HPW License #156727 Listed on: 12/31/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,528

Year Built

  • Built in 1998

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 85x178x113x110
  • Interior Lot
  • Level Lot
  • Wooded Lot
  • Landscaped with Trees

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway
  • 2 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 3,456 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Smooth Ceilings
  • Ceiling Fan
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room
  • Screened Porch
  • Utility Room
  • Laundry Room
  • Luxury Vinyl Tile Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Outdoor Features

  • Deck
  • Gazebo

Schools

  • Parkwood Elementary School
  • Lowes Grove Middle School
  • Jordan High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 151229

Community Details

Overview

  • Association fees include maintenance structure
  • Towne Properties Association, Phone Number (984) 220-8657
  • Fairfield Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,528

Year Built

Built in 1998

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Year Built: 1998
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Structure
  • Subdivision Name: Fairfield
  • Above Grade Finished Sq Ft: 3456.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Lot Size Dimensions: 85x178x113x110
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Laundry Features Laundry Room: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Second
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Utilities Cable Available: Yes
  • Room Types Sunroom: Yes
  • General Property Information Association Phone: 984-220-8657
  • General Property Information Senior Community YN: No
  • Foundation Details BrickMortar: Yes
  • General Property Information Enhanced Accessible2: No
  • Vegetation Wooded2: Yes
  • General Property Information Monthly Association Fees2: 71.0
  • Utilities Water Connected: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 3456.0
  • General Property Information Carport YN: No
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Natural Gas Connected: Yes
  • General Property Information Lot Size Square Feet2: 12632.0
  • Other Structures Gazebo: Yes
  • General Property Information Lot Size Acres: 0.29
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Luxury Vinyl
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Open Floorplan, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Private Spa: No
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Gas Water Heater: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Open Floorplan: Yes
  • Community Features:Clubhouse2: Yes

Exterior Features

  • Acres: 0.29
  • Disclosures: Seller Disclosure
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck, Screened
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Level: Yes
  • Lot Features:Interior Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Front
  • Total Parking Spaces: 4.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 211.0
  • Association Fee Frequency: Quarterly
  • Association Name: Towne Properties
  • Phone: 984-220-8657
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Towne Properties
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 211.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Durham - Jordan
  • Middle Or Junior School: Durham - Lowes Grove

Lot Info

  • Lot Dimensions: 85x178x113x110
  • Lot Size Sq Ft: 12632.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 151229
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3528.23
  • Tax Year: 2023

MLS Schools

  • Elementary School: Durham - Parkwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2023
Closed on
Apr 3, 2024
Sold by
Hpa Borrower 2019-2 Llc
Bought by
Ahmed Mohammad Waseem and Ahmed Samaira
Seller's Agent
Wes Snead
Coldwell Banker HPW
Buyer's Agent
Ali Quadri
Quadri Realty
List Price
$639,000
Sold Price
$639,000
Total Days on Market
44
Views
379
Current Estimated Value
$662,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,519
Avg. Annual Appreciation
3.47%
Original Mortgage
$619,830
Outstanding Balance
$614,512
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$48,007

Purchase Details

Closed on
Sep 13, 2016
Sold by
Hp North Carolina I Llc
Bought by
Hpa Borrower 2016 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,609,984
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2016
Sold by
Smith George D
Bought by
Hp North Carolina I Llc

Purchase Details

Closed on
Jan 19, 1999
Sold by
Centex Homes
Bought by
Smith George D and Smith Michelle H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.71%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ahmed Mohammad Waseem $639,000 None Listed On Document
Hpa Borrower 2016 2 Llc -- --
Hp North Carolina I Llc $385,500 --
Smith George D $272,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Mohammad Waseem $619,830
Previous Owner Hpa Borrower 2019 2 Llc $353,018
Previous Owner Hpa Borrower 2016 2 Llc $342,609,984
Previous Owner Smith George D $300,162
Previous Owner Smith George D $49,000
Previous Owner Smith George D $298,500
Previous Owner Smith George D $300,000
Previous Owner Smith George $301,500
Previous Owner Smith George D $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $639,000 0.0% $185 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
12/31/2023 12/31/23 For Sale $639,000 -- $185 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

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 $4,168 $421,935 $70,895 $351,040
2023 $4,019 $421,935 $70,895 $351,040
2022 $3,914 $421,935 $70,895 $351,040
2021 $3,701 $421,935 $70,895 $351,040
2020 $3,616 $421,935 $70,895 $351,040
2019 $3,574 $421,935 $70,895 $351,040
2018 $3,424 $370,939 $64,450 $306,489
2017 $3,312 $370,939 $64,450 $306,489
2016 $3,210 $370,939 $64,450 $306,489
2015 $3,747 $390,882 $55,596 $335,286
2014 $3,683 $390,882 $55,596 $335,286
Source: Public Records

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Source: Doorify MLS

MLS Number: 10003808

Doorify MLS

APN: 151229