1404 Gearwood Avenue

Durham, NC 27701

$295,000
Price
3
Beds
2
Baths
1,925 Sq. Ft.
$153 / Sq. Ft.
1,925
Sq. Ft.
$153
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 $600,000 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.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 $600,000 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.

Property Details for 1404 Gearwood Avenue

View
Yes
Subdivision
Geerwood Park
LISTING UPDATED: 11/13/2024 05:28 PM

Property Details for 1404 Gearwood Avenue

StatusActive
MLS #10028239
Days on Market163
Taxes$1,719 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1943
Lot Size0.11 AC / 4,791 SF
CountyDurham County

Building Information for 1404 Gearwood Avenue

Stories-Year Built1943Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 1404 Gearwood Avenue

Summary
Location and General Information
  • Directions: Turn left on Gearwood Ave. House on left.
  • Subdivision Name: Geerwood Park
  • Latitude: 36.00111
  • Longitude: -78.88753
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $1,718.59
  • Lot Number: 47
  • Restrictive Covenants YN: No
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
  • Due Diligence Expiration Date: 2024-11-20
School Information
  • Elementary School: Durham - Eastway
  • Middle Or Junior School: Durham - Lucas
  • High School: Durham - Northern
Parking
  • Open Parking: Yes
  • Garage: No
Property
Lot Information
  • Building Area Total: 1925.0
  • Architectural Style: Traditional
  • Total Other Area Sq Ft: 0
  • Parcel Number: 110745
  • Enhanced Accessible: No
  • Primary Residence YN: No
Property and Assessments
  • New Construction: No
  • Photos Count: 11
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Asbestos
  • Foundation Details: Other
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Asbestos
Interior Features
  • Levels: Two
  • Flooring: Vinyl
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Electric, Heat Pump
  • Heating?: Yes
  • Interior: Asbestos
Room Information
Room Information
  • Rooms Total: 3.0
Room 1
  • Room Dimensions: 15 x 15
  • Room Width: 15.0
  • Room Length: 15.0
  • Room Level: Lower
  • Room Type: Primary Bedroom
Room 2
  • Room Dimensions: 10 x 20
  • Room Width: 20.0
  • Room Length: 10.0
  • Room Level: Upper
  • Room Type: Bedroom 2
Room 3
  • Room Dimensions: 15 x 15
  • Room Width: 15.0
  • Room Length: 15.0
  • Room Level: Upper
  • Room Type: Bedroom 3
Agent
Sale and Listing
  • Property Class Name: CrossProperty

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 Record2024$1,875 ($156 / 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 - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
W G Pearson Elementary
PublicPK to 5

Eastway Elementary
PublicPK to 5

Brogden Middle
Public6 to 8

Riverside High School
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 May 10, 2024 by RIG REAL ESTATE LLC, it's currently listed at $295,000. It has been on the market for a total of 163 days and was last sold on May 5, 2023. This listing's school district is Durham Public School District. Nearby schools include W G Pearson Elementary, Eastway Elementary and Brogden Middle. 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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RIG REAL ESTATE LLC

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