1 year on rocket

507 Yancey St Unit 501, Durham, NC, 27701

$471,830

Home List Price

$5,603*

Closing Credit

2 Bedrooms
1 Full Bath
741 SqFt
$637/SqFt
Condo

Location

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507 Yancey St Unit 501, Durham$471,830

Buyer Closing Credits

$5,603*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Parking Lot
Year BuiltNew Const., 2024
HeatingElectric
CoolingCentral Air
MLS #2512396
StatusActive

About 507 Yancey St Unit 501

Now taking contracts! Have you ever imagined living in the heart of downtown, being able to walk to all its vibrant attractions, without having to worry about traffic and parking? How about just stepping out of your home and taking a stroll to DPAC to catch a show? Or a delicious brunch at Press? Ride your bike to a Bulls game? Well, your imagination may have manifested our exciting new 55-unit condominium project, City Port 2! This modern Studio condo features 10-ft ceilings, expansive STC windows with city views, high performance construction, including sound mitigation. Shared porch and lobby, and common roof top terrace with grill. One parking space included, while supplies last.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Living Area: 741 SqFt

Listing Office:

  • Office Name: Urban Durham Realty
  • Office Phone: (919) 237-3701
  • Listing Agent: Marcelle S Thomas, Shari Williams

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Flooring Type: Carpet, Hardwood, Tile, Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Parking Lot

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take Durham Freeway North to Exit 3C to merge onto S. Duke St. Continue to Yancey St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $471,830
  • Price Per SqFt: $637/SqFt

HOA Fees:

  • Amount: $185
  • Frequency: Monthly
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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

507 Yancey St Unit 501 vs Durham

578 DAYS ON ROCKET

+548 Days

$471,830

+$47.1K More

$637/SqFt

+$404 More

KEY TAKEAWAY

This property is $47.1K more than the Median Sold Price and $404/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: #2512396

Listing Office:

  • Office Name: Urban Durham Realty
  • Office Phone: (919) 237-3701
  • Listing Agent: Marcelle S Thomas, Shari Williams

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: 12/21/2024, 11:51:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,607

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,481

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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-847202
5
/10

  • Morehead Montessori

  • 909 Cobb St

  • 0.41 miles

  • Public Magnet Grades PK-5

school-card-donut-847203
7
/10

  • George Watts Elementary School

  • 700 Watts St

  • 1.00 miles

  • Public Magnet Grades PK-5

school-card-donut-847204
2
/10

  • C.C. Spaulding Elementary School

  • 1531 S Roxboro St

  • 1.09 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 $24,143. The majority of Durham, NC residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 Yancey St Unit 501

What is the listing price of this property?

The listing price of 507 Yancey St Unit 501 property is $471,830.

What type of property is this?

The property 507 Yancey St Unit 501 is a condo located in Durham, North Carolina, 27701.

Is this property for sale now?

Active Listing: 507 Yancey St Unit 501 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 507 Yancey St Unit 501 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 507 Yancey St Unit 501 is 741 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 Yancey St Unit 501 is 2024.

Rocket Homes›North Carolina›Durham County›Durham›27701›507 Yancey St Unit 501

This home is located at 507 Yancey St Unit 501 in Durham, NC and zip code 27701 in the Downtown Durham neighborhood. This 741 square foot home was built in 2024. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 23, 2023 and is currently priced at $471,830.

Durham, NC housing market in November 2024 saw over 63 listings sold above listed price, more than 58 sold at listed price and over 126 sold below. Between October 2024 and November 2024, Durham, NC real estate market has seen decrease in the number of listings by 6.8%. While the average time on the market in November 2024 was 30 days, the median list price was $424,671.

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

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