$4,097 Closing Credit¹
#10069659, Precious Allen, Listing Office: Precious Estates Realty LLC
$285,000 List price
1404 Gearwood Ave Durham, NC 27701
$3,384
Closing credit¹
3 beds
2 full
1,925 sqft
0.1 acres
$148 / sqft
House
Property details
About 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.
Highlights
Home typeSingle Family Residence
HeatingElectric, Heat Pump
StatusActive
CoolingCentral Air
Size1,925 sqft
Lot size0.11 Acres
Year built1943
MLS #10077224
Summary
- MLS Number: 10077224
- MLS Name: Doorify MLS
- Office Name: RIG REAL ESTATE LLC
- Office Phone: (919) 985-4490
- Office Email: bsterman1@gmail.com
- Listing Agent: Mark Chandler France
Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.
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: 2/22/2025, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$285,000
1404 Gearwood Ave
$3,384
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 08, 2023 | Home Sold | $247,500 |
| May 08, 2023 | Home Sold | $150,000 |
| Jan 12, 2023 | Home Sold | $80,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $134,391 | $1,874 |
| 2023 | $134,391 | $1,760 |
| 2022 | $134,391 | $1,720 |
| 2021 | $134,391 | $1,712 |
| 2020 | $134,391 | $1,671 |
| 2019 | $134,391 | $1,671 |
| 2018 | $79,649 | $1,080 |
| 2017 | $79,649 | $1,072 |
History based on county public records data.
Nearby schools
5
Eastway Elementary School
Public District PK-5
0.7 mi
•610 N Alston Ave
4
Y.E. Smith Elementary School
Public District PK-5
1.3 mi
•2410 E Main St
7
Club Boulevard Elementary School
Public Magnet KG-5
1.4 mi
•400 W Club Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $14,566. Residents of Durham, NC typically earn less than $<35k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
73%
<35k
25%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
60%
Single, No Kids
23%
Single, with Kids
10%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
40%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
Figure Skating
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Church's Chicken
What do the neighbors drive?
Buick
Dodge
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Durham, NC
About 1404 Gearwood Ave
This home is located at 1404 Gearwood Ave in Durham, NC and zip code 27701. This 1,925 square foot home, which was built in 1943, sits on a 0.11 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 18, 2025 and is currently priced at $285,000.
Durham, NC housing market in January 2025 saw over 28 listings sold above listed price, more than 34 sold at listed price and over 105 sold below. In January 2025 in Durham, NC there were 3.9% more homes for sale than in December. In January 2025, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $423,948.
From Rocket Homes Real Estate and based on county public records data.