1404 Gearwood Avenue

Durham, NC 27701

$319,000
Price
3
Beds
2
Baths
1,925 Sq. Ft.
$166 / Sq. Ft.
1,925
Sq. Ft.
$166
per Sq. Ft.

Description

Attention investors! Exceptional opportunity awaits in a highly sought-after neighborhood close to Downtown Durham. This property presents two distinct avenues for potential buyers: restore this charming house to its original glory targeting a $650,000 ARV, or build a new home in an area where prices are exceeding $900,000, providing significant potential for return on investment. Property sold as is. Note: Appraisal report and engineering study for rehab can be provided by owner. Listed by:
Property
...Attention investors! Exceptional opportunity awaits in a highly sought-after neighborhood close to Downtown Durham. This property presents two distinct avenues for potential buyers: restore this charming house to its original glory targeting a $650,000 ARV, or build a new home in an area where prices are exceeding $900,000, providing significant potential for return on investment. Property sold as is. Note: Appraisal report and engineering study for rehab can be provided by owner. Listed by:

Property Owner (307) 381-8774

Location

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LISTING UPDATED: 04/14/2024 08:00 PM

Property Details for 1404 Gearwood Avenue

StatusActive
MLS #11530966
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle Family
Year Built1943
Lot Size0.11 AC / 4,965 SF
CountyDurham County

Location

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Building Information for 1404 Gearwood Avenue

Stories-Year Built1943Building Size-Lot Size0.11 AC / 4,965 SF

Payment Calculator

$1,888 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,741

Property Taxes

$147

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1404 Gearwood Avenue

Summary
Parking
  • Garage Carsize: 2
Property
Lot Information
  • Lotsize: 4965.0
Property and Assessments
  • Year Built: 1943
Interior and Exterior Features
Interior Features
  • Quarter Baths: 0
  • Halfbaths: 0
  • Threequarterbaths: 0
  • Fullbaths: 2
  • Bedrooms: 3

Property History for 1404 Gearwood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1404 Gearwood Avenue

Taxable ValueLand$77,980Additions$56,411Total$134,391
Tax Record2023$1,760 ($147 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,925 SqFtAbove Grade Finished SqFt1,925 SqFtStories1Lot Size4,792 SqFtStyleSingle Family ResidenceYear Built1943ZoningRU-5(2)CountyDURHAMAPN110745

Schools near 1404 Gearwood Avenue

This home is within Durham Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Eastway Elementary
PublicPK to 5

Lucas Middle School
Public6 to 8

Northern High
Public9 to 12

Durham's Performance Learning
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1404 Gearwood Avenue is a single family home for sale in Durham, NC 27701. This property was listed for sale on April 15, 2024 by For sale by owner, please contact, it's currently listed at $319,000. It has been on the market for a total of 18 days and was last sold on May 5, 2023. This listing's school district is Durham Public School District. Nearby schools include Eastway Elementary, Lucas Middle School and Northern High. 1404 Gearwood Avenue is a 3-bed, 2-bath, 1,925 sqft single family home built in 1943.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). 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 home valuation of any property.