4 months on rocket

1318 Timothy Ave, Durham, NC, 27707

$309,500

Home List Price

$3,675*

Closing Credit

3 Bedrooms
2 Full Baths
1,000 SqFt
$310/SqFt
House

Location

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1318 Timothy Ave, Durham$309,500

Buyer Closing Credits

$3,675*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1972
HeatingElectric, Forced Air
CoolingCentral Air
MLS #10045584
Lot Size0.19 Acres
StatusActive

About 1318 Timothy Ave

VERY NICE UPDATED RANCH, 3 BED ROOMS 2 FULL BATHS, TILE BATHS AND KITCHEN, GRANITE COUNTER TOPS, NEW CABINETS AND STAINLESS STEEL APPLIANCES, NEW HVAC, NEW WATER HEATER,NEW PAIN AND LAMINATE FLOORING, NICE PRIVATE FENCED BACKYARD. MUST SEE.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1972
  • Living Area: 1,000 SqFt

Listing Office:

  • Office Name: The Ocean Group
  • Office Phone: (919) 539-3804
  • Listing Agent: Alan Khorram

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Flooring Type: Ceramic Tile, Laminate
  • Interior: Bathtub/Shower Combination, Granite Counters, Living/Dining Room Combination

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Back Fence, Fence

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 40W,EXIT 278 NC 55/54W,TAKE NC55W,LEFT ON E CORNWALLIS RD,RIGHT ON FAYETTVILLE ST,LEFT ON TIMOTHY. HOME ON ON THE LEFT.

Price Information

Listing Price Info

Price Summary:

  • List Price: $309,500
  • Price Per SqFt: $310/SqFt

Tax Information:

  • Annual Amount: $1,540
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Durham, NC.

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Durham, NC

City

Med. Sold Price

$424.6K

Med. Price/SqFt

$233

Avg. Days On Market

30

# of Sold Homes

247

1318 Timothy Ave vs Durham

132 DAYS ON ROCKET

+102 Days

$309,500

-$115.1K Less

$310/SqFt

+$77 More

KEY TAKEAWAY

This property is $115.1K less than the Median Sold Price and $77/SqFt more than other homes in Durham, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Doorify MLS
  • MLS Number: #10045584

Listing Office:

  • Office Name: The Ocean Group
  • Office Phone: (919) 539-3804
  • Listing Agent: Alan Khorram

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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.

Properties subject to prior sale, change, withdrawal or rental. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 10:21:10 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,540$120,853
2020$1,503$120,853
2019$1,503$120,853
2018$552$81,322
2017$547$81,322

History based on county public records data.

Payment Calculator

$1,612

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$994

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4495232
5
/10

  • W.G. Pearson Elementary School

  • 3501 Fayetteville St

  • 0.21 miles

  • Public Magnet Grades PK-5

school-card-donut-4495233
5
/10

  • Fayetteville Street Elementary School

  • 2905 Fayetteville St

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-4495234
2
/10

  • C.C. Spaulding Elementary School

  • 1531 S Roxboro St

  • 1.51 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,162. The most common annual income of people living in Durham, NC is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Durham, NC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Durham, NC?

Durham's housing market is diverse, offering a range of options from historic bungalows to contemporary condominiums. Single-family homes are prevalent, making up a significant portion of the housing stock, with a mix of older, charming homes and newer constructions. Apartments and townhouses are also available, providing alternatives for those seeking a more urban living experience. The architectural styles in Durham are varied, with a blend of classic colonial, ranch-style, and modernist influences throughout the city.

Is Durham, NC a good place to live?

Durham is celebrated for its vibrant arts scene and entrepreneurial spirit. The community prides itself on a rich cultural heritage that is evident in its numerous festivals, live music venues, and the renowned American Dance Festival. The city's character is further defined by its commitment to innovation, with a bustling downtown that reflects a blend of historic preservation and modern development.

Are things conveniently located in Durham, NC?

The community is served by a robust educational system, including a number of public and private schools, as well as prestigious higher education institutions like Duke University and North Carolina Central University. Healthcare is well-represented with several hospitals offering a range of services from emergency care to specialized treatments. Durham also features a network of public libraries and a variety of shopping and dining options that showcase the local flavors and craftsmanship.

What does the transportation in Durham, NC look like?

Durham's transportation infrastructure supports both private and public transit options. The city has a comprehensive bus system that connects various neighborhoods and key points of interest. The area is also bike-friendly, with dedicated lanes and trails for cyclists. Major highways and thoroughfares such as Interstate 85 and Highway 70 facilitate easy commuting and travel to and from the city. Efforts are continually made to enhance the efficiency and accessibility of the city's transportation network.

Frequently Asked Questions About 1318 Timothy Ave

What is the listing price of this property?

The listing price of 1318 Timothy Ave property is $309,500.

What type of property is this?

The property 1318 Timothy Ave is a house located in Durham, North Carolina, 27707.

Is this property for sale now?

Active Listing: 1318 Timothy Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,540 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1318 Timothy Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1318 Timothy Ave is 1,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1318 Timothy Ave is 1972.

Rocket Homes›North Carolina›Durham County›Durham›27707›1318 Timothy Ave

This home is located at 1318 Timothy Ave in Durham, NC and zip code 27707. This 1,000 square foot home, which was built in 1972, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $309,500.

While more than 63 listings in Durham, NC in November 2024 were sold above asking price, there were more than 58 listings sold at asking price, and more than 126 were sold below. The inventory of homes for sale in Durham, NC between October 2024 and November 2024 decreased by 6.8%. In November 2024 median list price was $424,671 and the average listing age was 30 days.

From Rocket Homes Real Estate and based on county public records data.

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