29 days on rocket

705 Colfax St, Durham, NC, 27701

$250,000

Home List Price

$2,969*

Closing Credit

3 Bedrooms
1 Full Bath
1,187 SqFt
$211/SqFt
House
Schools Nearby

Location

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705 Colfax St, Durham$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1920
MLS #10020020
Lot Size0.09 Acres
StatusActive

About 705 Colfax St

Exclusive Investor Opportunity! Act Now and Seize This Prime Investment Property! Nestled in a coveted Central Durham locale, mere moments from Downtown Durham, near DUKE, NCCU and major highways...30 Minutes to UNC. Great for AIRBNB! Offered AS IS with no repairs from the seller. Unlock the potential of this diamond in the rough with your vision.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 1,187 SqFt

Listing Office:

  • Office Name: Custom Solutions
  • Office Phone: (310) 547-7188
  • Listing Agent: Joi Heggins

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.09 Acres

School Info

Assigned Schools Information:

  • J D Clement Early College High School, Public District Grades 9-12
  • Hillside New Tech High School, Public District Grades 9-12
  • City of Medicine Academy, Public District Grades 9-12
  • Rogers-Herr Middle School, Public District Grades 6-8
  • Sherwood Githens Middle School, Public District Grades 6-8
  • R N Harris Elementary School, Public District Grades PK-5
  • W G Pearson Elementary School, Public Magnet Grades PK-5
  • Pearsontown Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take NC-147 N to NC-55 E/S Alston Ave in Durham. Take exit 2 from NC-147 N Continue on NC-55 E/S Alston Ave. Drive to Colfax St Turn left onto NC-55 E/S Alston Ave Turn right onto Linwood Ave Turn right onto Colfax St

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $211/SqFt

Tax Information:

  • Annual Amount: $803
  • Tax Year: 2021
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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

$414.9K

Med. Price/SqFt

$231

Avg. Days On Market

33

# of Sold Homes

326

705 Colfax St vs Durham

29 DAYS ON ROCKET

-4 Days

$250,000

-$164.9K Less

$211/SqFt

-$20 Less

KEY TAKEAWAY

This property is $164.9K less than the Median Sold Price and $20/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: #10020020

Listing Office:

  • Office Name: Custom Solutions
  • Office Phone: (310) 547-7188
  • Listing Agent: Joi Heggins

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: 5/2/2024, 12:50:22 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$803$63,008
2020$783$63,008
2019$783$63,008
2018$511$37,707
2017$508$37,707

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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-4534177
7
/10

  • R N Harris Elementary School

  • 1520 Cooper St

  • 0.90 miles

  • Public District Grades PK-5

school-card-donut-4534178
4
/10

  • W G Pearson Elementary School

  • 3501 Fayetteville St

  • 1.84 miles

  • Public Magnet Grades PK-5

school-card-donut-4534179
10
/10

  • Pearsontown Elementary School

  • 4915 Barbee Rd

  • 3.57 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4534180
7
/10

  • Rogers-Herr Middle School

  • 911 W Cornwallis Rd

  • 2.44 miles

  • Public District Grades 6-8

school-card-donut-4534181
4
/10

  • Sherwood Githens Middle School

  • 4800 Chapel Hill Rd

  • 5.56 miles

  • Public District Grades 6-8

High School

school-card-donut-4534182
10
/10

  • J D Clement Early College High School

  • 1801 Fayetteville St

  • 0.59 miles

  • Public District Grades 9-12

school-card-donut-4534183
6
/10

  • Hillside New Tech High School

  • 3727 Fayetteville St

  • 2.07 miles

  • Public District Grades 9-12

school-card-donut-4534184
8
/10

  • City of Medicine Academy

  • 301 Crutchfield St

  • 3.91 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 $20,296. The most common annual income of people living in Durham, NC is less than $35k. The majority of families are 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 705 Colfax St

What is the listing price of this property?

The listing price of 705 Colfax St property is $250,000.

What type of property is this?

The property 705 Colfax St is a house located in Durham, North Carolina, 27701.

Is this property for sale now?

Active Listing: 705 Colfax 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 705 Colfax St are:
R N Harris Elementary School: GreatSchools Rating 7/10
W G Pearson Elementary School: GreatSchools Rating 4/10
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 New Tech High School: GreatSchools Rating 6/10
City of Medicine Academy: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $803 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 705 Colfax St has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 705 Colfax St is 1,187 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 705 Colfax St is 1920.

Rocket Homes›North Carolina›Durham County›Durham›27701›705 Colfax St

This home is located at 705 Colfax St in Durham, NC and zip code 27701. This 1,187 square foot home, which was built in 1920, sits on a 0.09 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $250,000.

In April 2024, from all listings sold in Durham, NC there were more than 135 sold above asking price, over 113 sold below and more than 78 were sold right at the asked price. In April 2024 in Durham, NC there were 0.5% less homes for sale than in March 2024. The median list price of listings available in April 2024 was $414,939, while the average time on the real estate market was 33 days.

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

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