3 months on rocket

705 Gray Ave, Durham, NC, 27701

$434,900

Home List Price

$5,164*

Closing Credit

3 Bedrooms
2 Full Baths
1,401 SqFt
$310/SqFt
House
Schools Nearby

Location

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705 Gray Ave, Durham$434,900

Buyer Closing Credits

$5,164*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1941
HeatingHeat Pump
CoolingCeiling Fan(s), Heat Pump
MLS #10004505
Lot Size0.12 Acres
StatusActive

About 705 Gray Ave

Renovated 3 bed, 2 full bath bungalow in Downtown Durham! Fully renovated with an open floor plan, this home has all the features you want. Front entry with closet and drop zone. Kitchen with breakfast bar, pendant light, Kohler faucet and stainless steel appliances. Quartz counters, high-end cabinets and undermount sinks in the kitchen and baths. Custom tiled tub/shower combo in guest bathroom. Owner's suite with barn door walk in closet, dual vanity and custom tiled spa like shower. All new siding, windows, doors, HVAC, plumbing, water heater and interior electrical. New rear deck and rebuilt front porch and stairs. Off street parking, laundry room, tons of storage, no HOA! Convenient to downtown nightlife, food scene and Duke. Don't miss this one! Completely renovated bungalow in prime Downtown Durham locale. Brand new home from the foundation up. Open floor plan. Luxury vinyl plank flooring throughout home. Fresh interior paint. New roof. New water heater. New HVAC. Entry includes built-in bench with cubbies. Spacious family room. Bright & open eat-in kitchen offers new cabinets, quartz tops & stainless steel appliances. Includes fridge, washer and dryer. Primary suite has walk in closet with barn door, quartz top dual vanity & oversized tile shower. Large 3rd bedroom with double closets. New deck overlooks nice wooded buffer in back. So convenient to all the shopping, dining & entertainment Downtown Durham has to offer!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow, Ranch
  • Year Built: 1941
  • Living Area: 1,401 SqFt

Listing Office:

  • Office Name: Carolina's Choice Real Estate
  • Office Phone: (919) 788-9525
  • Listing Agent: David L Wilson, Shelley Allen

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
  • Flooring Type: Luxury Vinyl, Tile
  • Interior: Ceiling Fan(s), Open Floorplan, Quartz Counters, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck, Porch

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Ceiling Fan(s), Heat Pump

School Info

Assigned Schools Information:

  • J D Clement Early College High School, Public District Grades 9-12
  • City of Medicine Academy, Public District Grades 9-12
  • Hillside New Tech High School, Public District Grades 9-12
  • Lucas Middle School, Public District Grades 6-8
  • Eastway Elementary School, Public District Grades PK-5
  • R N Harris Elementary School, Public District Grades PK-5
  • Holt Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Head down E Geer St headed towards W Geer St, left on N Alston Ave, right on Drew St and a left on Hanover St, right on Gray Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $434,900
  • Price Per SqFt: $310/SqFt

Tax Information:

  • Annual Amount: $1,812
  • 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 Gray Ave vs Durham

118 DAYS ON ROCKET

+85 Days

$434,900

+$19.9K More

$310/SqFt

+$79 More

KEY TAKEAWAY

This property is $19.9K more than the Median Sold Price and $79/SqFt more 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: #10004505

Listing Office:

  • Office Name: Carolina's Choice Real Estate
  • Office Phone: (919) 788-9525
  • Listing Agent: David L Wilson, Shelley Allen

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: 5/1/2024, 8:20:24 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 30, 2005Home Sold
$85,000
Jun 24, 2005Home Sold
$66,500
Mar 29, 2004Home Sold
$36,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,812$142,254
2020$1,769$142,254
2019$1,769$142,254
2018$1,216$89,658
2017$1,207$89,658

History based on county public records data.

Payment Calculator

$2,238

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,370

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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-4370717
5
/10

  • Eastway Elementary School

  • 610 N Alston Ave

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-4370718
7
/10

  • R N Harris Elementary School

  • 1520 Cooper St

  • 1.94 miles

  • Public District Grades PK-5

school-card-donut-4370719
5
/10

  • Holt Elementary School

  • 4019 Holt School Rd

  • 4.10 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4370720
6
/10

  • Lucas Middle School

  • 923 Snow Hill Rd

  • 7.58 miles

  • Public District Grades 6-8

High School

school-card-donut-4370721
10
/10

  • J D Clement Early College High School

  • 1801 Fayetteville St

  • 1.81 miles

  • Public District Grades 9-12

school-card-donut-4370722
8
/10

  • City of Medicine Academy

  • 301 Crutchfield St

  • 2.81 miles

  • Public District Grades 9-12

school-card-donut-4370723
6
/10

  • Hillside New Tech High School

  • 3727 Fayetteville St

  • 3.29 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 $14,566. Most Durham, NC residents have annual incomes less than $35k. 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 705 Gray Ave

What is the listing price of this property?

The listing price of 705 Gray Ave property is $434,900.

What type of property is this?

The property 705 Gray Ave is a house located in Durham, North Carolina, 27701.

Is this property for sale now?

Active Listing: 705 Gray Ave 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 Gray Ave are:
Eastway Elementary School: GreatSchools Rating 5/10
R N Harris Elementary School: GreatSchools Rating 7/10
Holt Elementary School: GreatSchools Rating 5/10
Lucas Middle School: GreatSchools Rating 6/10
J D Clement Early College High School: GreatSchools Rating 10/10
City of Medicine Academy: GreatSchools Rating 8/10
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 $1,812 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 30, 2005 for $85,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 705 Gray Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 705 Gray Ave is 1,401 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 705 Gray Ave is 1941.

Rocket Homes›North Carolina›Durham County›Durham›27701›705 Gray Ave

This home is located at 705 Gray Ave in Durham, NC and zip code 27701. This 1,401 square foot home, which was built in 1941, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 04, 2024 and is currently priced at $434,900.

Durham, NC housing market in April 2024 saw over 135 listings sold above listed price, more than 78 sold at listed price and over 113 sold below. The number of homes for sale 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.

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