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1002 Areca Way; Durham, NC Property Details

1002 Areca Way, Durham, NC is a Single Family that was built in 2017. This property is currently Financed,New Construction and is not for sale. Our records show that 1002 Areca Way has 2 bedrooms, and 2 bathrooms, and a total of 1,376 square feet. The lot size of 1002 Areca Way is 5,227 square feet.

Off market
1002 Areca Way Durham, NC 27703
$469,838 Estimated Value
2 Beds
2 Baths
1,376 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2017
  • Purchase Price: $288,500
  • Open Loans / Balance: 1 / $274,914
  • Est. Equity / %: $216,086 / 44.01%
  • Gross Yield: 5.333%
  • APN: 221051
  • Situs County: Durham
  • Length Of Ownership: 8 years, 4 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1

Measurements

  • Total: 1,376/SqFt
  • Lot: 5,227/SqFt
  • Living: 1,376/SqFt
  • Building: 1,376/SqFt
  • Price Per Square Foot: $209.67

Legal Description

  • Description: DEL WEBB CAROLINA ARBORS/ PH:5A-5B/LT#1248 STEEL-2 PL:000196-000335
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.92803 / -78.781784
  • Subdivision: Dw Car Arb
  • Property Class: Residential
  • Zoning: PDR 3.700
  • County Use Code: 111

Amenities

  • Plus Four: 4664
  • Cooling: Yes
  • Garage: Attached Garage
  • Heating: Yes

HOA

  • H O A One: $244
  • H O A Amount: $244
  • H O A One Frequency: Monthly
  • H O A One Name: Carolina Arbors By Del Webb Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

1002 Areca Way has no associated ownership info
1002 Areca Way has no associated ownership info.

Taxes

1002 Areca Way has 10 associated Taxes items

1002 Areca Way, Durham, NC pays taxes in Durham County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $469,838. The APN we've located for 1002 Areca Way is 221051.

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Taxes
  • Assessed Value:  $469,838
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  221051
  • Assessed Land Value:  127680
  • Market Land Value:  127680
  • Tax Amount:  4657.5
  • Tax Year:  2025
  • Market Value:  469838
  • Market Year:  2025

Tax History

1002 Areca Way has 9 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $469,838 Land Value $127,680 Improvement Value $342,158 Tax Amount $4,657.5 Change Rate +0.073278% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $311,098 Land Value $82,500 Improvement Value $228,598 Tax Amount $4,339.51 Change Rate +0.064892% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $311,098 Land Value $82,500 Improvement Value $228,598 Tax Amount $4,075.07 Change Rate +0.02344% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $311,098 Land Value $82,500 Improvement Value $228,598 Tax Amount $3,981.74 Change Rate +0.004708% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $311,098 Land Value $82,500 Improvement Value $228,598 Tax Amount $3,963.08 Change Rate +0.024118% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $311,098 Land Value $82,500 Improvement Value $228,598 Tax Amount $3,869.75 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $311,098 Land Value $82,500 Improvement Value $228,598 Tax Amount $3,869.75 Change Rate +0.878547% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $151,859 Land Value $50,000 Improvement Value $101,859 Tax Amount $2,059.97 Change Rate +13.633587% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $25,000 Land Value $25,000 Improvement Value Tax Amount $140.77 Change Rate Assessed CR Tax Rate +0.005631%