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1040 Umstead Grove Way; Durham, NC Property Details

1040 Umstead Grove Way, Durham, NC is a Single Family that was built in 2024. This property is currently Financed,New Construction and is not for sale. Our records show that 1040 Umstead Grove Way has 5 bedrooms, and 3 bathrooms, and a total of 2,991 square feet. The lot size of 1040 Umstead Grove Way is 5,663 square feet.

Off market
1040 Umstead Grove Way Durham, NC 27712
$554,410 Listing Price
5 Beds
3 Baths
2,991 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2024
  • Purchase Price: $554,500
  • Open Loans / Balance: 1 / $395,704
  • Est. Equity / %: $135,296 / 25.48%
  • Gross Yield: 6.224%
  • APN: 234262
  • Situs County: Durham
  • Length Of Ownership: 2 years, 3 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full Bathrooms: 3

Measurements

  • Total: 2,991/SqFt
  • Lot: 5,663/SqFt
  • Living: 2,991/SqFt
  • Building: 2,991/SqFt
  • Price Per Square Foot: $185.39

Legal Description

  • Description: UMSTEAD GROVE/LT#40 PL:207-368
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: 36.075237 / -78.94543
  • Subdivision: Umstead Grove As Shown On A Map
  • Property Class: Residential
  • Zoning: RR
  • County Use Code: 111

Amenities

  • Plus Four: 2244

Ownership Info

1040 Umstead Grove Way has no associated ownership info
1040 Umstead Grove Way has no associated ownership info.

Taxes

1040 Umstead Grove Way has 10 associated Taxes items

1040 Umstead Grove Way, Durham, NC pays taxes in Durham County, NC. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $550,092. The APN we've located for 1040 Umstead Grove Way is 234262.

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Taxes
  • Assessed Value:  $550,092
  • Assessed Year:  2026
  • Assessed County:  Durham
  • APN:  234262
  • Assessed Land Value:  73450
  • Market Land Value:  73450
  • Tax Amount:  5453.06
  • Tax Year:  2025
  • Market Value:  550092
  • Market Year:  2026

Tax History

1040 Umstead Grove Way has 4 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $550,092 Land Value $73,450 Improvement Value $476,642 Tax Amount $5,590.58 Change Rate +0.025219% Assessed CR Tax Rate +0.010163%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,453.06 Change Rate +5.01425% Assessed CR Tax Rate
Year 2024 Assessed Value $65,000 Land Value $65,000 Improvement Value Tax Amount $906.69 Change Rate Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $906.69 Change Rate Assessed CR Tax Rate