Price Point: What $695K gets you in Triangle housing market
This week’s Price Point looked at homes that sold recently for around $695,000 and found choices in Durham, Raleigh and Cary. All are turn-key ready.
811 Lancaster St., Durham, 27701
Sold: $690,000 on April 6
Historic bungalow with two bedrooms and one and a half bathrooms on a 0.15-acre lot
This updated home is in Durham’s Trinity Heights neighborhood. Known as the Paris-Constable House, it dates circa 1910, according to a plaque displayed outside the house by Durham’s Historic Preservation Society. Tax records, however, indicate it was built in 1935. The house is within a block of Duke University’s East Campus and close to Watts Elementary and downtown Durham.
The home features a foyer with high ceilings and pine flooring throughout most of the house. The primary bedroom has a wall of bay windows, a cedar closet, and a half bath. There is also a bonus study room off the primary bedroom. Exterior features include front porch and backyard.
Size: 1,682 square feet
Year built: 1935
Price per square foot: $410
HOA fees: Not applicable
Taxes: $4,000 (estimated)
Last sold: 2004 for $193,000
Listed by: Chris Culbreth, Tony Hall and Associates
1061 Vestavia Woods Drive, Raleigh, 27615
Sold: $695,000 on April 6
Single-family home with four bedrooms and two and a half bathrooms on a 0.42-acre lot
Built in 1988, this traditional-style home is in Raleigh’s Vestavia Woods subdivision in North Raleigh. It’s about a 21-minute drive south to downtown Raleigh, and about a 17-minute drive west to Raleigh-Durham International Airport.
This former Parade of Homes (1989) house includes a two-story foyer entry, an open floor plan with an eat-in kitchen, a family area with a fireplace, and a sun room with vaulted ceilings. A two-tier deck overlooks a backyard.
Size: 3,186 square feet
Year built: 1988
Price per square foot: $218
HOA fees: $228 annually
Taxes: $4,700 (estimated)
Last sold: 2006 for $393,000
Listed by: Laura Bromhal, Berkshire Hathaway HomeServices
202 Oak Island Drive, Cary, 27513
Sold: $690,000 on April 3
Single-family home with five bedrooms and two and a half bathrooms on a 0.29-acre lot
Built in 1997, this home is in Cary’s Weston Pointe subdivision. It’s about a 21-minute drive east to downtown Raleigh, and about a 13-minute drive north to Raleigh-Durham International Airport.
The house features front and back porches, a possible bonus room, a formal dining room and a walk-up attic. It also received a new roof in 2021, a tankless water heater in 2019, and a freshly painted interior in 2023. Community amenities include a pool and tennis courts.
Size: 2,697 square feet
Year built: 1997
Price per square foot: $256
HOA fees: $275 annually
Taxes: $4,300 (estimated)
Last sold: 2003 for $255,000
Listed by: Stacy Danzey, Space Exchange Realty
This story was originally published April 12, 2023 at 8:00 AM with the headline "Price Point: What $695K gets you in Triangle housing market."
