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1501 Rosewood St, Durham, NC, 27701

$50,000

0.22 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
MLS #10008230
Lot Size0.22 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1501 Rosewood St

Welcome to a rare opportunity to grab a lot nestled in a well-established Durham city neighborhood. Take advantage of the growing demand for homes in Durham. This lot presents an excellent investment opportunity for those looking to capitalize on the city's flourishing real estate market.

Property Details

Property Features

Listing Office:

  • Office Name: Success Realty
  • Office Phone: (919) 544-5100
  • Listing Agent: Melvin J Watson

Lot Features

Lot Information:

  • Lot: City Lot, Flood Plains
  • Lot Size: 0.22 Acres

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
  • Lowe's Grove Middle School, Public District Grades 6-8
  • R N Harris Elementary School, Public District Grades PK-5
  • Pearsontown Elementary School, Public District Grades PK-5
  • Bethesda Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: North on Hwy 55/S. Alston Avenue. Right onto E. Lawson St. Right on Rosewood St. Home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $50,000

Tax Information:

  • Annual Amount: $290
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$414.8K

Med. Price/SqFt

$230

Avg. Days On Market

70

# of Sold Homes

287

1501 Rosewood St vs Durham

92 DAYS ON ROCKET

+22 Days

$50,000

-$364.8K Less

KEY TAKEAWAY

This property is $364.8K less 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: #10008230

Listing Office:

  • Office Name: Success Realty
  • Office Phone: (919) 544-5100
  • Listing Agent: Melvin J Watson

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: 4/27/2024, 8:20:23 PM 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$290$22,747
2020$282$22,747
2019$282$22,747
2018$207$15,287
2017$206$15,287

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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.

Elementary School

school-card-donut-1575917
7
/10
  • R N Harris Elementary School

  • 1520 Cooper St

  • 0.53 miles

  • Public District Grades PK-5

school-card-donut-1575918
10
/10
  • Pearsontown Elementary School

  • 4915 Barbee Rd

  • 2.89 miles

  • Public District Grades PK-5

school-card-donut-1575919
3
/10
  • Bethesda Elementary School

  • 2009 S Miami Blvd

  • 3.80 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1575920
7
/10
  • Rogers-Herr Middle School

  • 911 W Cornwallis Rd

  • 2.33 miles

  • Public District Grades 6-8

school-card-donut-1575921
4
/10
  • Lowe's Grove Middle School

  • 4418 S Alston Ave

  • 4.65 miles

  • Public District Grades 6-8

High School

school-card-donut-1575922
10
/10
  • J D Clement Early College High School

  • 1801 Fayetteville St

  • 0.33 miles

  • Public District Grades 9-12

school-card-donut-1575923
3
/10
  • Hillside High School

  • 3727 Fayetteville St

  • 1.42 miles

  • Public District Grades 9-12

school-card-donut-1575924
6
/10
  • Hillside New Tech High School

  • 3727 Fayetteville St

  • 1.42 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $15,123. Residents of Durham, NC typically earn less than $35k each year. 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 1501 Rosewood St

What is the listing price of this property?

The listing price of 1501 Rosewood St property is $50,000.

What type of property is this?

The property 1501 Rosewood St is land located in Durham, North Carolina, 27701.

Is this property for sale now?

Accepting Backup Offers: 1501 Rosewood St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1501 Rosewood St are:
R N Harris Elementary School: GreatSchools Rating 7/10
Pearsontown Elementary School: GreatSchools Rating 10/10
Bethesda Elementary School: GreatSchools Rating 3/10
Rogers-Herr Middle School: GreatSchools Rating 7/10
Lowe's Grove 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 $290 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1501 Rosewood St is 0.22 acres.
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Rocket HomesNorth CarolinaDurham CountyDurham277011501 Rosewood St

This home is located at 1501 Rosewood St in Durham, NC and zip code 27701. This home sits on a 0.22 acre lot. It has been listed on Rocket Homes since January 26, 2024 and is currently priced at $50,000.

Over 100 listings were sold over their listed price in March 2024 in Durham, NC. In the same period over 125 listings were sold below the listed price and 62 listings were sold for the listed price. The number of homes for sale in Durham, NC increased by 4.1% between February 2024 and March 2024. The median list price of listings available in March 2024 was $414,880, while the average time on the real estate market was 70 days.

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

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