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1118 Gentle Reed Dr

Durham, NC 27703

3 bd 3 ba 2,222 sqft Built 2020 Lot 4,051 sqft townhomes
Most recent sale
$435,500
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $435,500 Public Record
Mar 30, 2022 Listed $375,000 MLS #2439445
Jul 17, 2020 Sold $274,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $317,414 $50,000 $367,414 $3,740
2023 $213,168 $55,000 $268,168 $3,512
2022 $213,168 $55,000 $268,168 $3,432
2021 $213,168 $55,000 $268,168 $3,416
2020 $55,000 $55,000 $684

Property facts

Year built
2020
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
2,222 sqft
Lot size
4,051 sqft
ZIP code
27703
City
Durham
Street
Gentle Reed Dr
Coordinates
36.00054, -78.81880

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
$3,000
Gross rental yield
8.27%
Implied cap rate
5.37%
Trend-extrapolated value

Frequently asked questions

When did 1118 Gentle Reed Dr last sell?
1118 Gentle Reed Dr most recently sold on Apr 29, 2022 for $435,500.
What is the current tax assessment for 1118 Gentle Reed Dr?
The most recent total assessment for 1118 Gentle Reed Dr (year 2024) is $367,414 with $3,740 in property tax.
How does 1118 Gentle Reed Dr's assessment compare to its last sale price?
The current assessment is 15.6% below the last sale price of $435,500.
When was 1118 Gentle Reed Dr built?
1118 Gentle Reed Dr was built in 2020.
How does 1118 Gentle Reed Dr compare to others on Gentle Reed Dr?
We track 8 other properties on Gentle Reed Dr. Browse the list under "Other properties on Gentle Reed Dr" to compare beds, baths, and sale history.
What are the property facts for 1118 Gentle Reed Dr?
1118 Gentle Reed Dr is a 3 bed, 3 bath, 2,222 sqft, 4,051 sqft lot townhomes.
Is 1118 Gentle Reed Dr a flip candidate?
Yes — 1118 Gentle Reed Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1118 Gentle Reed Dr a tax-appeal candidate?
No — 1118 Gentle Reed 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
-2.9%
Implied 1-yr
-11.6%
2026 Q3
$387.1K
2026 Q4
$373.3K
ZIP 27703 — Median Price History + Forecast

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