2 months on rocket

1604 Fay St, Durham, NC, 27701

$243,800

Home List Price

$2,895*

Closing Credit

2 Bedrooms
2 Full Baths
1,103 SqFt
$221/SqFt
Multi

Location

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1604 Fay St, Durham$243,800

Buyer Closing Credits

$2,895*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
ParkingDriveway
Year Built1940
HeatingOther
CoolingWindow Unit(s)
MLS #10053552
Lot Size0.10 Acres
StatusActive

About 1604 Fay St

Attention Investors! Fully rented Duplex in fantastic Durham location - perfect for first time or experienced investors interested in adding to their portfolio. Each side is 1 bed/1 bath and both sies are rented until May/June 2025 at $900 per month. Each side renovated in 2023 with New cabinets, granite countertops, stainless steel appliances . Conveniently located just minutes to downtown Durham, NCCU, Duke, RTP, and major highways, providing easy access to shopping, dining, and entertainment. Some pictures virtually staged to show potentional.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1940
  • Living Area: 1,103 SqFt

Listing Office:

  • Office Name: Northside Realty Inc.
  • Office Phone: (919) 784-0101
  • Listing Agent: Stephanie Anson

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
  • Flooring Type: Tile
  • Interior: Bathtub/Shower Combination, Eat-in Kitchen

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Take 40W into Durham and use Exit 278 heading West on NC55. Turn Right on Juniper and Left on Fay. Home is on the Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $243,800
  • Price Per SqFt: $221/SqFt

Tax Information:

  • Annual Amount: $972
  • 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

1604 Fay St vs Durham

75 DAYS ON ROCKET

+45 Days

$243,800

-$180.8K Less

$221/SqFt

-$12 Less

KEY TAKEAWAY

This property is $180.8K less than the Median Sold Price and $12/SqFt less 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: #10053552

Listing Office:

  • Office Name: Northside Realty Inc.
  • Office Phone: (919) 784-0101
  • Listing Agent: Stephanie Anson

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: 12/3/2024, 12:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 04, 2002Home Sold
$40,000

Tax History

YEARPROP. TAXASSESSMENT
2021$972$76,309
2020$949$76,309
2019$949$76,309
2018$723$53,321
2017$718$53,321

History based on county public records data.

Payment Calculator

$1,284

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$797

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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-3498733
6
/10

  • Eastway Elementary School

  • 610 N Alston Ave

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-3498734
4
/10

  • Y.E. Smith Elementary School

  • 2410 E Main St

  • 1.17 miles

  • Public District Grades PK-5

school-card-donut-3498735
7
/10

  • Merrick-Moore Elementary School

  • 2325 Cheek Rd

  • 1.47 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,778. Most Durham, NC residents have annual incomes less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma 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.

Rocket Homes›North Carolina›Durham County›Durham›27701›1604 Fay St

This home is located at 1604 Fay St in Durham, NC and zip code 27701. This 1,103 square foot home, which was built in 1940, sits on a 0.10 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $243,800.

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. In November 2024 in Durham, NC there were 6.8% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $424,671, while the average time on the real estate market was 30 days.

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

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