Back 1424 Cherrycrest Dr
Off Market

1424 Cherrycrest Dr

Durham NC 27704

2
Duplex
Last sold for $330,300
Jenny ShuJenny Shu, last sold this property on 08 May 2023 after 18 days on market.

Overview

Investors dream property. Two story Renovated Duplex. New HVAC (2 years) for both units. New roof (2 years). Two units each with 2 bedrooms 1.5 bathroom. New painting, New Luxury Vinyl Floors throughout most of the duplex. Both units are occupied with long term tenants. Tenant pays all utilities. Month to month lease with with long term tenants who are extremely reliable. Rent is below market. Potential rent increase to $1300-$1350.

Features

2 carspaces
Duplex

Estimated Value

Based on this property and similar duplexes sold in Durham over the last 12 months, the estimated median property value of 1424 Cherrycrest Dr is $290k.

Median value
$290k
Estimated value range
$217.5k - $372.45k
Median days on market
58
Estimated value trend
-37%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Durham. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1424 Cherrycrest Dr

2023
Sold
$330,300
08 May 2023 by Jenny Shu, of Lifetime Realty & Investment LLC
2021
Sold
$222,500
19 May 2021 by Iris Lee, of Sunshine Properties LLC
2019
Sold
$150,000
20 Feb 2019

Happy sellers in Durham

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We have insufficient information to provide an overview of customer satisfaction for Durham. Viewing the agent profiles, reviews and sales for Durham can provide insights for this location.

Local market activity for duplexes in Durham

In the last 12 months, 5 duplexes similar to 1424 Cherrycrest Dr, have been sold.

This represents a 66% decrease in duplexes sales when compared to the previous 12 months.

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