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4231 American Dr

Durham, NC 27705

3 bd 3 ba 2,106 sqft Built 1974 condos
Most recent sale
$450,000
Jul 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 4, 2026 Price changed $499,500 DoorifyMLS
Apr 22, 2026 Listed $449,900 DoorifyMLS
Apr 19, 2026 Price changed $499,900 DoorifyMLS
Feb 14, 2026 Listed $519,000 DoorifyMLS
Jul 18, 2022 Sold $450,000 Public Record
May 4, 2022 Listed $465,000 MLS #2446506
Mar 29, 2016 Sold $143,000 Public Record
Jul 28, 2003 Sold $163,000 DoorifyMLS
Jul 25, 2003 Sold $163,000 Public Record
Jun 17, 1991 Sold $109,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $233,272 $233,272 $3,055
2022 $233,272 $233,272 $2,985
2021 $233,272 $233,272 $2,972
2020 $233,272 $233,272 $2,902
2019 $233,272 $233,272 $2,902
2018 $173,104 $173,104 $2,348
2017 $173,104 $173,104 $2,331
2016 $173,104 $173,104 $2,252
2015 $168,432 $168,432 $2,332
2014 $168,432 $168,432 $2,332
2013 $168,432 $168,432 $2,260
2012 $168,432 $168,432 $2,210
2011 $168,432 $168,432 $2,195
2010 $168,432 $168,432 $2,186
2009 $168,432 $168,432 $2,102
2008 $168,432 $168,432 $2,102
2006 $159,998 $159,998 $2,259

Property facts

Year built
1974
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
2,106 sqft
Lot size
ZIP code
27705
City
Durham
Street
American Dr
Coordinates
36.01514, -78.96843

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,843
Gross rental yield
7.58%
Implied cap rate
4.93%
Trend-extrapolated value

Frequently asked questions

When did 4231 American Dr last sell?
4231 American Dr most recently sold on Jul 18, 2022 for $450,000.
What is the current tax assessment for 4231 American Dr?
The most recent total assessment for 4231 American Dr (year 2023) is $233,272 with $3,055 in property tax.
How does 4231 American Dr's assessment compare to its last sale price?
The current assessment is 48.2% below the last sale price of $450,000.
When was 4231 American Dr built?
4231 American Dr was built in 1974.
How does 4231 American Dr compare to others on American Dr?
We track 8 other properties on American Dr. Browse the list under "Other properties on American Dr" to compare beds, baths, and sale history.
What are the property facts for 4231 American Dr?
4231 American Dr is a 3 bed, 3 bath, 2,106 sqft condos.
Is 4231 American Dr a flip candidate?
No — 4231 American Dr does not appear in our flips dataset.
Is 4231 American Dr a tax-appeal candidate?
No — 4231 American Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.4%
Implied 1-yr
+9.8%
2026 Q3
$718K
2026 Q4
$733.1K
ZIP 27705 — Median Price History + Forecast

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