1 year on rocket

4020 Fayetteville St, Durham, NC, 27713

$525,000

1.37 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
MLS #2523530
Lot Size1.37 Acres
StatusActive

About 4020 Fayetteville St

This 1.4 +/- acre tract is ideally located 3.5 from Southpoint Mall, 3 miles from Downtown Durham and 2.5 from RTP with easy access to I40, UNC, NCCU and DUKE. Current zoning is R-20. Highest and best use would be re-zoning to higher density residential or to Commercial.

Property Details

Property Features

Listing Office:

  • Office Name: Trinity Real Estate Ventures
  • Office Phone: (919) 572-5351
  • Listing Agent: Beverly Reese

Lot Features

Lot Information:

  • Lot: Level, Open Lot, Cleared, Sidewalk
  • Lot Size: 1.37 Acres

Other

Directions Information:

  • Directions: I-40 to exit 276-Fayetteville Rd. North on Fayetteville Rd, for approximately 3.5 miles, property on the left where Cornwallis Rd meets Fayetteville St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000

Tax Information:

  • Annual Amount: $671
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$424.7K

Med. Price/SqFt

$233

Avg. Days On Market

35

# of Sold Homes

236

4020 Fayetteville St vs Durham

484 DAYS ON ROCKET

+449 Days

$525,000

+$100.2K More

KEY TAKEAWAY

This property is $100.2K more than the Median Sold Price in Durham, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #2523530

Listing Office:

  • Office Name: Trinity Real Estate Ventures
  • Office Phone: (919) 572-5351
  • Listing Agent: Beverly Reese

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: 11/21/2024, 6:20:55 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

Jan 09, 2020Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2021$671$52,700
2020$655$52,700
2019$655$52,700
2018$482$35,535
2017$490$36,405

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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NMLS#3030

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-387184
5
/10
  • W.G. Pearson Elementary School

  • 3501 Fayetteville St

  • 0.68 miles

  • Public Magnet Grades PK-5

school-card-donut-387185
5
/10
  • Fayetteville Street Elementary School

  • 2905 Fayetteville St

  • 1.08 miles

  • Public District Grades PK-5

school-card-donut-387186
9
/10
  • Pearsontown Elementary School

  • 4915 Barbee Rd

  • 1.17 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,785. Residents of Durham, NC typically earn less than $35k each year. Residents typically live in single, no kids family. Most 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.

Types of housing 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.

What is it like to live in Durham, NC?

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.

Is it easy to get around Durham, NC without a car?

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.

Transportation in Durham, NC.

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 4020 Fayetteville St

What is the listing price of this property?

The listing price of 4020 Fayetteville St property is $525,000.

What type of property is this?

The property 4020 Fayetteville St is land located in Durham, North Carolina, 27713.

Is this property for sale now?

Active Listing: 4020 Fayetteville St 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 $671 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 9, 2020 for $200,000. (source: MLS/tax record).

How much acreage is this property?

The property 4020 Fayetteville St is 1.37 acres.
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Rocket HomesNorth CarolinaDurham CountyDurham277134020 Fayetteville St

This home is located at 4020 Fayetteville St in Durham, NC and zip code 27713. This home sits on a 1.37 acre lot. It has been listed on Rocket Homes since July 26, 2023 and is currently priced at $525,000.

Durham, NC housing market in October 2024 saw over 50 listings sold above listed price, more than 61 sold at listed price and over 125 sold below. Between September 2024 and October 2024, Durham, NC real estate market has seen increase in the number of listings by 2.8%. In October 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $424,728.

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

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