4 months on rocket

116 Nelson St, Durham, NC, 27707

$550,000

Home List Price

$6,531*

Closing Credit

4 Bedrooms
3 Full Baths
2,992 SqFt
$184/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

116 Nelson St, Durham$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1954
HeatingElectric
CoolingCentral Air
BasementYes
MLS #10003028
Lot Size0.18 Acres
StatusActive

About 116 Nelson St

Absolutely INCREDIBLE rehabilitation of this central Durham stunner! Floor plan and project was rescued from the hands of a failed flipper and reconstructed at the highest level of quality. Seller has put in a tremendous amount of thought and craftsmanship in the COMPLETE redesign of the property. There is no substitute for experience and it truly shows in this home. NEW ROOF, NEW HVAC, NEW WINDOWS! FULLY FINISHED BASEMENT offers 2 additional bedrooms & bath. Great spaces for game rooms, private offices - flex space! UNBELIEVABLE MASTER BATH! Outstanding storage. Parking pad in the rear for maximum convenience and ease. THREE SEASONS PORCH / SUNROOM! Luxurious finishes. Great light throughout. Sunroom... this one has it all! - BASEMENT COULD BE CONVERTED INTO IN LAW SUITE & HAS PRIVATE ACCESS! Walking distance to NCCU!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1954
  • Living Area: 2,992 SqFt

Listing Office:

  • Office Name: Jordan Lee Real Estate
  • Office Phone: (919) 475-2944
  • Listing Agent: Jordan Lee

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Electric Oven, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Concrete, Hardwood, Tile
  • Interior: Granite Counters, Open Floorplan, Smooth Ceilings, Walk-In Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • J D Clement Early College High School, Public District Grades 9-12
  • Hillside High School, Public District Grades 9-12
  • Hillside New Tech High School, Public District Grades 9-12
  • Rogers-Herr Middle School, Public District Grades 6-8
  • Sherwood Githens Middle School, Public District Grades 6-8
  • C C Spaulding Elementary School, Public District Grades PK-5
  • R N Harris Elementary School, Public District Grades PK-5
  • Pearsontown Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From the Durham Freeway (147): Take the Fayetteville Rd exit towards NCCU. Right on Formosa Ave. Slight left on Otis St. Right on Nelson St. Property will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $184/SqFt

Tax Information:

  • Annual Amount: $1,459
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Durham, NC

City

Med. Sold Price

$414.9K

Med. Price/SqFt

$231

Avg. Days On Market

33

# of Sold Homes

326

116 Nelson St vs Durham

136 DAYS ON ROCKET

+103 Days

$550,000

+$135K More

$184/SqFt

-$47 Less

KEY TAKEAWAY

This property is $135K more than the Median Sold Price and $47/SqFt less than other homes in Durham, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10003028

Listing Office:

  • Office Name: Jordan Lee Real Estate
  • Office Phone: (919) 475-2944
  • Listing Agent: Jordan Lee

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. 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: 5/6/2024, 12:50:39 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$1,459$173,498
2020$1,424$173,498
2019$1,424$173,498
2018$1,627$119,939
2017$1,615$119,939

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

Powered By

Rocket Mortgage

Advertisement

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.

Elementary School

school-card-donut-6777554
2
/10

  • C C Spaulding Elementary School

  • 1531 S Roxboro St

  • 0.27 miles

  • Public District Grades PK-5

school-card-donut-6777555
7
/10

  • R N Harris Elementary School

  • 1520 Cooper St

  • 1.29 miles

  • Public District Grades PK-5

school-card-donut-6777556
10
/10

  • Pearsontown Elementary School

  • 4915 Barbee Rd

  • 2.90 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6777557
7
/10

  • Rogers-Herr Middle School

  • 911 W Cornwallis Rd

  • 1.58 miles

  • Public District Grades 6-8

school-card-donut-6777558
4
/10

  • Sherwood Githens Middle School

  • 4800 Chapel Hill Rd

  • 4.61 miles

  • Public District Grades 6-8

High School

school-card-donut-6777559
10
/10

  • J D Clement Early College High School

  • 1801 Fayetteville St

  • 0.48 miles

  • Public District Grades 9-12

school-card-donut-6777560
3
/10

  • Hillside High School

  • 3727 Fayetteville St

  • 1.36 miles

  • Public District Grades 9-12

school-card-donut-6777561
6
/10

  • Hillside New Tech High School

  • 3727 Fayetteville St

  • 1.36 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,579. The most common annual income of people living in Durham, NC is less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 116 Nelson St

What is the listing price of this property?

The listing price of 116 Nelson St property is $550,000.

What type of property is this?

The property 116 Nelson St is a house located in Durham, North Carolina, 27707.

Is this property for sale now?

Active Listing: 116 Nelson St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 116 Nelson St are:
C C Spaulding Elementary School: GreatSchools Rating 2/10
R N Harris Elementary School: GreatSchools Rating 7/10
Pearsontown Elementary School: GreatSchools Rating 10/10
Rogers-Herr Middle School: GreatSchools Rating 7/10
Sherwood Githens Middle School: GreatSchools Rating 4/10
J D Clement Early College High School: GreatSchools Rating 10/10
Hillside High School: GreatSchools Rating 3/10
Hillside New Tech High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,459 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 116 Nelson St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 116 Nelson St is 2,992 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 116 Nelson St is 1954.

Rocket Homes›North Carolina›Durham County›Durham›27707›116 Nelson St

This home is located at 116 Nelson St in Durham, NC and zip code 27707. This 2,992 square foot home, which was built in 1954, sits on a 0.18 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 21, 2023 and is currently priced at $550,000.

Over 135 listings were sold over their listed price in April 2024 in Durham, NC. In the same period over 113 listings were sold below the listed price and 78 listings were sold for the listed price. The number of listings in Durham, NC decreased by 0.5% between March 2024 and April 2024. In April 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $414,939.

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

More Resources