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Sold on 08/09/2024

7 Ratcale Lane Ln, Durham, NC 27705

$403,000

Last sold 08/09/2024 for $405K

  • 4

    bed

  • 2

    bath

  • 2,277

    Sqft ($178/Sqft)

Multi-family not for sale
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About 7 Ratcale Lane Ln

Property type Multi-family
Neighborhood
Year built 1985
HOA fee $0/month
Lot size 0.29 Acre
Movoto estimate
Property description
OFFER DEADLINE SET FOR SATURDAY JULY 27TH AT 12PM. Rare investment opportunity in amazing location next to Duke Hospital and VA! This property features two units with each offering 2 bed/1 full bath, living room, kitchen, and laundry space. Recent updates include new roof (2024), new windows (2024), new water heater (2022), new HVAC (2021). Hardwood floors throughout both units, tile flooring in upper level kitchen & bath, newly built deck overlooking a fully fenced backyard. Property is currently recorded as a single family dwelling- seller will take no corrective steps. There is only 1 meter and 1 address for the home. One HVAC, one water heater. Owner had been getting $1500 per unit per month ($3000 total per month)
Listed by
Listing Agent - Michael C Newport
Listing Office - Mallard Realty Group
Source: Doorify MLS mls logo
MLS#10043053 • last updated 1 year ago
Movoto checked Doorify MLS for data 8 minutes ago
Overview
Cooling/AC Central Air
Heating Forced Air, Natural Gas
Levels/Style Two, Duplex, Multi Family, Transitional, 2
MLS # 10043053
Type Residential Income
Status Closed
SubType Duplex
Living Area 2277
Lot Size (SqFt) 12632.4
Lot Size (Acres) 0.29
Property Tax 2153
Year Built 1985
Interior
Total # of Bathrooms 2
# of Full Baths 2
Total # of Bedrooms 4
Basement Apartment, Exterior Entry, Finished, Walk-Out Access
Flooring Hardwood, Tile
Appliances Dishwasher, Electric Range, Gas Water Heater, Microwave
Exterior
Foundation Slab
Building Features Shared Utilities
Roof Shingle
Construction Aluminum Siding, Brick Veneer
Parking Driveway
Exterior Features Fenced Yard, Rain Gutters
Patio/Porch Deck, Front Porch
Lot Features Back Yard, Cul-De-Sac
Fencing Back Yard, Wood
Amenities / Utilities
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer/Septic Public Sewer
Water Source Public
HOA Amenities None
Location
County Durham
Subdivision Not In A Subdivision
Elementary School Durham - Forest View
Middle School Durham - Brogden
High School Durham - Riverside
APN 104572
Directions From Hwy-147 Take Exit For Fulton Street Going South Towards Duke Hospital. Turn Right Onto Shirley Street; Turn Left Onto Ratcale Lane
Lot/ Land Details
Road Responsibility Public Maintained Road
$403K
Range: $362K-$443K
Last 30 days 
  • Aug 2024
    mls logo MLS # 10043053
  • Aug 9, 2024 Sold
    $405,000 (+15.7%)
  • Jul 27, 2024 Pending
    —
  • Jul 24, 2024 Listed
    $350,000
  • Jul 24, 2024 Listed
    $350,000 (+107.1%)
  • Oct 2017
    mls logo MLS # 2142059
  • Oct 23, 2017 Sold
    $169,000
  • Sep 4, 2017 Pending
    —
  • Aug 31, 2017 Listed
    —
  • Jul 31, 2017 Pending
    —
  • Jul 25, 2017 Listed
    $169,000
  • Jul 25, 2017 Listed
    $169,000
  • Year Property taxes Tax assessment
  • 2023
    $2,293 +9.0%
    $164,369
  • 2022
    $2,104 +0.5%
    $164,369
  • 2021
    $2,094 -7.6%
    $164,369 -9.78%
  • 2020
    $2,266
    $182,190
  • 2019
    $2,266 +7.6%
    $182,190 +17.36%
  • 2018
    $2,106 +0.7%
    $155,235
  • 2017
    $2,090 +3.5%
    $155,235
  • 2016
    $2,020 +35.4%
    $155,235
  • 2015
    $1,492
    —
  • 7 Ratcale Lane Ln
    $405K
  • Crest Street
    $225K +41% y/y
  • 27705
    $499K -6% y/y
  • Durham
    $413K -5% y/y
No chart available
Statistics calculated by Movoto

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6/10
Morehead Montessori
public Grades PK, K-5
Durham Public School District
5/10
Brogden Middle
public Grades 6-8
Durham Public School District
4/10
Riverside High School
public Grades 9-12
Durham Public School District
Source: GreatSchools.org © 2026. All rights reserved.

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