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1015 Gemma Dr; Durham, NC Property Details

1015 Gemma Dr, Durham, NC is a Townhouse that was built in 2022. This property is currently Financed,New Construction and is not for sale. Our records show that 1015 Gemma Dr has 3 bedrooms, and 2.5 bathrooms, and a total of 1,788 square feet. The lot size of 1015 Gemma Dr is 3,485 square feet.

Off market
1015 Gemma Dr Durham, NC 27703
$400,398 Estimated Value
3 Beds
2.5 Baths
1,788 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2022
  • Purchase Price: $420,000
  • Open Loans / Balance: 1 / $297,548
  • Est. Equity / %: $87,452 / 22.71%
  • Gross Yield: 6.723%
  • APN: 231111
  • Situs County: Durham
  • Length Of Ownership: 3 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Measurements

  • Total: 1,788/SqFt
  • Lot: 3,485/SqFt
  • Living: 1,788/SqFt
  • Building: 1,788/SqFt
  • Price Per Square Foot: $234.90

Legal Description

  • Description: ELLIS ROAD TWNHMS/PHASE 3B/LT#132 PL:000205-000285
Building Insights

Land Information

  • Property Type: Townhouse
  • School District: Durham Public Schools
  • Lat / Lon: 35.951447 / -78.86226
  • Subdivision: Ellis Rd Twnhms
  • Property Class: Residential
  • Zoning: PDR 3.575
  • County Use Code: 122

Amenities

  • Plus Four: 6816

HOA

  • H O A One: $172
  • H O A Amount: $172
  • H O A One Frequency: Quarterly
  • H O A One Name: Ellis Crossing At The Park Master Owners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

1015 Gemma Dr has no associated ownership info
1015 Gemma Dr has no associated ownership info.

Taxes

1015 Gemma Dr has 10 associated Taxes items

1015 Gemma Dr, 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 $400,398. The APN we've located for 1015 Gemma Dr is 231111.

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Taxes
  • Assessed Value:  $400,398
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  231111
  • Assessed Land Value:  75000
  • Market Land Value:  75000
  • Tax Amount:  3969.14
  • Tax Year:  2025
  • Market Value:  400398
  • Market Year:  2025

Tax History

1015 Gemma Dr has 4 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $400,398 Land Value $75,000 Improvement Value $325,398 Tax Amount $3,969.14 Change Rate -0.110162% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $319,773 Land Value $60,000 Improvement Value $259,773 Tax Amount $4,460.52 Change Rate +0.064894% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $319,773 Land Value $60,000 Improvement Value $259,773 Tax Amount $4,188.7 Change Rate +4.454463% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $60,000 Land Value $60,000 Improvement Value Tax Amount $767.94 Change Rate Assessed CR Tax Rate +0.012799%