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1404 Gearwood Ave Durham NC 27701 MLS 10028239

$295,000

Photo one of 1404 Gearwood Ave Durham NC 27701 | MLS 10028239
1404 Gearwood Ave
Durham, NC 27701 MLS# 10028239

  • Bedrooms

    3

  • Baths

    2

  • Sq. Feet

    1925

  • Year Built

    1943

  • Days On Market

    11

  • $/SqFt

    $153

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Home Description: 1404 Gearwood Ave

Attention investors! Exceptional opportunity awaits in a highly sought-after neighborhood close to Downtown Durham. This property presents two distinct avenues for potential buyers: restore this charming house to its original glory targeting a $600,000 ARV, or build a new home in an area where prices are exceeding $900,000, providing significant potential for return on investment. Property sold as is.

  • # Fireplaces: 0
  • Flooring: Vinyl
  • Full Baths: 2
  • Half Baths: 0
  • Construction Materials: Asbestos
  • Roof: Shingle
  • Foundation: Other
  • Lot Size Acres: 0.11

Available now at $295,000

  • Property Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • New Construction: No
  • Heating: Electric,Heat Pump
  • Cooling: Central Air
  • Water Source: Public
  • Sewer: Public Sewer
  • Total HOA Dues: $0.00
  • Annual Taxes: $1,718.59
  • Listing Office: RIG REAL ESTATE LLC
  • List Status: Active

Neighborhood

The average asking price of a 3 bedroom Durham home in this zip code is $516,467 (75.1% more than this home).

This home is priced at $153/sqft, which is 98.4% less than similar homes in the 27701 zip code.

Potential Great Value

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1404 Gearwood Ave Durham NC 27701

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School Information

  • Elementary:Durham - Eastway
  • Middle School:Durham - Lucas
  • High School:Durham - Northern

Financial

  • Approx Payment:$1,495*

Area Stats

These statistics are updated daily from the Triangle Multiple Listing Services, Inc. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (919) 759-5468 and speak with one of our real estate consultants.

Popular Homes

City
Avg Price
Median Price
Available
Distressed
Reduced
Avg DOM
Apex
$845,205
$750,000
261
0.4%
15.3%
29

Carrboro
$746,440
$650,000
15
0.0%
33.3%
35

Cary
$946,060
$777,500
290
1.0%
21.7%
33

Chapel Hill
$1,138,402
$899,900
300
0.0%
21.3%
54

Clayton
$437,748
$402,935
451
1.6%
33.0%
49

Fuquay Varina
$560,755
$499,900
465
0.6%
22.8%
41

Garner
$459,416
$449,900
215
1.4%
25.1%
37

Hillsborough
$796,663
$672,582
89
0.0%
27.0%
44

Holly Springs
$746,895
$748,000
193
1.0%
18.1%
26

Knightdale
$512,284
$531,759
139
2.9%
29.5%
33

Morrisville
$641,112
$600,000
25
0.0%
12.0%
18

Raleigh
$952,270
$629,900
1337
0.9%
29.2%
46

Rolesville
$537,469
$494,613
50
0.0%
8.0%
54

Wake Forest
$815,708
$640,000
451
0.7%
22.0%
45

Wendell
$468,506
$426,400
323
2.5%
25.7%
49

Youngsville
$544,213
$450,000
199
0.0%
25.6%
55

Zebulon
$460,289
$374,990
207
1.4%
28.0%
61

Listing Courtesy of RIG REAL ESTATE LLC. For information or to schedule a viewing of this property (MLS# 10028239) located at 1404 Gearwood Ave Durham NC 27701, call: 919-759-5468

1404 Gearwood Ave, Durham NC is a single family home of 1925 sqft and is currently priced at $295,000 . This single family home has 3 bedrooms. A comparable home for sale at 611 Dunbar St in Durham is listed at $379,900. This home on 1404 Gearwood Ave has not had a price change. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Durham, NC. Bonnie Hills, Glendale Heights and Duke Tower Condominiums are nearby neighborhoods. MLS 10028239 has been posted on this site since 5/9/2024 (today).

2024 5/20/2024.

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