$3,768 Closing Credit¹
#10083851, Latoya Jones, Listing Office: Coldwell Banker HPW
$265,000 List price
1404 Gearwood Ave Durham, NC 27701
$3,147
Closing credit¹
3 beds
2 full
1,925 sqft
0.1 acres
$138 / 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
- Full Bathrooms: 2
- Flooring Type: Vinyl
- Total Bedroom Count: 3
- Architectural Style: Traditional
- Heating: Electric, Heat Pump
- Cooling: Central Air
- List Price: $265,000
- Price/SqFt: $137
- Annual Tax Amount: $1,874
- Tax Year: 2024
- Directions: Turn left on Gearwood Ave. House on left.
- Year Built: 1943
- Living Area: 1,925 SqFt
- Lot Size: 0.11 Acres
- 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: 5/2/2025, 10:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$265,000
1404 Gearwood Ave
$3,147
closing credit¹
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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. The majority of Durham, NC residents have income less than $<35k annually. The most common type of family is single, no kids. 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
Durham's transportation infrastructure supports both private and public transit options. The city has a comprehensive bus system that connects various neighborhoods and key points of interest. The area is also bike-friendly, with dedicated lanes and trails for cyclists. Major highways and thoroughfares such as Interstate 85 and Highway 70 facilitate easy commuting and travel to and from the city. Efforts are continually made to enhance the efficiency and accessibility of the city's transportation network.
The community is served by a robust educational system, including a number of public and private schools, as well as prestigious higher education institutions like Duke University and North Carolina Central University. Healthcare is well-represented with several hospitals offering a range of services from emergency care to specialized treatments. Durham also features a network of public libraries and a variety of shopping and dining options that showcase the local flavors and craftsmanship.
Durham is celebrated for its vibrant arts scene and entrepreneurial spirit. The community prides itself on a rich cultural heritage that is evident in its numerous festivals, live music venues, and the renowned American Dance Festival. The city's character is further defined by its commitment to innovation, with a bustling downtown that reflects a blend of historic preservation and modern development.
Durham's housing market is diverse, offering a range of options from historic bungalows to contemporary condominiums. Single-family homes are prevalent, making up a significant portion of the housing stock, with a mix of older, charming homes and newer constructions. Apartments and townhouses are also available, providing alternatives for those seeking a more urban living experience. The architectural styles in Durham are varied, with a blend of classic colonial, ranch-style, and modernist influences throughout the city.
About 1404 Gearwood Ave
The listing price of 1404 Gearwood Ave property is $265,000.
The property 1404 Gearwood Ave is a house located in Durham, North Carolina, 27701.
Active Listing: 1404 Gearwood Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1404 Gearwood Ave are: Eastway Elementary School (GreatSchools Rating 5/10), Y.E. Smith Elementary School (GreatSchools Rating 4/10), Club Boulevard Elementary School (GreatSchools Rating 7/10), Global Scholars Academy (GreatSchools Rating 3/10), Kipp Durham College Preparatory (GreatSchools Rating 2/10), Central Park School for Child (GreatSchools Rating 4/10), Durham's Performance Learning Center (GreatSchools Rating 2/10), Durham School of the Arts (GreatSchools Rating 9/10), Middle College High School @ Dtcc (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $1,874 (source: MLS/based on county public records data).
The last sale was on May 8, 2023 for $247,500 (source: MLS/tax record).
The property at 1404 Gearwood Ave has 3 bedrooms and 2 bathrooms.
The property 1404 Gearwood Ave is 1,925 SqFt (source: MLS/tax record).
The year of construction for 1404 Gearwood Ave is 1943.
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 $265,000.
While more than 97 listings in Durham, NC in April 2025 were sold above asking price, there were more than 77 listings sold at asking price, and more than 139 were sold below. In April 2025 in Durham, NC there were 15.2% more homes for sale than in March. While the average time on the market in April 2025 was 27 days, the median list price was $426,415.
From Rocket Homes Real Estate and based on county public records data.