About this home

This 2 bed, 1 bath single family home offers 815 sqft of living space at 1501 Fairfax Rd in Durham, NC. Listed at $235,000 ($288/sqft). The property sits in the Raleigh-Durham area of NC. The lot measures 14,810 sqft.

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Property details

Price: $235,000
Bedrooms: 2
Bathrooms: 1
Interior: 815 sqft
Price / sqft: $288
Lot size: 14,810 sqft
Type: Single Family
Est. property tax: $1,927/yr · $161/mo · 0.82% NC avg

Estimated monthly payment

Down payment20% ($47,000)

Interest rate6.75%

Principal & Interest$1,219

Property Tax$215

Insurance$150

Total$1,585/mo

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Location

This home is located in Durham, NC, in the Raleigh-Durham area. Browse more Durham listings on the Durham market page or explore the full Durham market report.

About Durham: Durham is a city in the U.S. state of North Carolina. The county seat of Durham County, small portions of the city limits extend into Orange County and Wake County. Durham is the fourth-most populous city in North Carolina and 70th-most populous city in the United States with a population of 283,506 at the 2020 census. The city is located in the east-central part of the Piedmont region along the Eno River. The four-county Durham–Chapel Hill metropolitan area has an estimated 620,000 residents, while the greater Research Triangle area has a population of over 2.37 million people. (source: Wikipedia)

Climate: Average year-round temperature is 61°F with 229 dry days per year and 43.3 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 27701)

This neighborhood is primarily renter-occupied (30% owner-occupied). Median age is 33.9; 22% hold a bachelor's degree; median household income is $61,475.

Median income: $61,475
Median age: 33.9
Owner-occupied: 29.6%
Bachelor's degree: 22.0%
Census median home value: $414,100

Source: US Census Bureau American Community Survey 5-year estimates.

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$235,000

1501 Fairfax Rd, Durham, NC