Large Location Icon

116 E Cornwallis Rd; Durham, NC Property Details

116 E Cornwallis Rd, Durham, NC is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 116 E Cornwallis Rd has 3 bedrooms, and 1 bathroom, and a total of 1,234 square feet. The lot size of 116 E Cornwallis Rd is 24,394 square feet.

Off market
116 E Cornwallis Rd Durham, NC 27707
$159,900 Listing Price
3 Beds
1 Baths
1,234 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1954
  • Purchase Price: $20,000
  • Est. Equity / %: $265,000 / 100%
  • Gross Yield: 9.052%
  • APN: 107382
  • Situs County: Durham
  • Length Of Ownership: 24 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Concrete Block
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 1,234/SqFt
  • Lot: 24,394/SqFt
  • Living: 1,234/SqFt
  • Building: 1,234/SqFt
  • Ground: 1,204/SqFt
  • Price Per Square Foot: $16.21

Legal Description

  • Description: LINCOLN HEIGHTS/BLK:J/LT# 03-04 PL:000014-000098
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: 35.964252 / -78.91848
  • Subdivision: Lincoln Heights
  • Property Class: Residential
  • Zoning: CN
  • County Use Code: 111

Amenities

  • Plus Four: 4048
  • Bathroom Fixtures: 7
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One Name: Westgate Towers Owners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

116 E Cornwallis Rd has no associated ownership info
116 E Cornwallis Rd has no associated ownership info.

Taxes

116 E Cornwallis Rd has 10 associated Taxes items

116 E Cornwallis Rd, 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 $262,960. The APN we've located for 116 E Cornwallis Rd is 107382.

Unlock the full report
Taxes
  • Assessed Value:  $262,960
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  107382
  • Assessed Land Value:  185500
  • Market Land Value:  185500
  • Tax Amount:  2606.72
  • Tax Year:  2025
  • Market Value:  262960
  • Market Year:  2025

Tax History

116 E Cornwallis Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $262,960 Land Value $185,500 Improvement Value $77,460 Tax Amount $2,606.72 Change Rate +0.665019% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $112,236 Land Value $46,828 Improvement Value $65,408 Tax Amount $1,565.58 Change Rate +0.053426% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $113,457 Land Value $46,828 Improvement Value $66,629 Tax Amount $1,486.18 Change Rate +0.023441% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $113,457 Land Value $46,828 Improvement Value $66,629 Tax Amount $1,452.14 Change Rate +0.004712% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $113,457 Land Value $46,828 Improvement Value $66,629 Tax Amount $1,445.33 Change Rate +0.02412% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $113,457 Land Value $46,828 Improvement Value $66,629 Tax Amount $1,411.29 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $113,457 Land Value $46,828 Improvement Value $66,629 Tax Amount $1,411.29 Change Rate +0.263974% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $82,311 Land Value $19,437 Improvement Value $62,874 Tax Amount $1,116.55 Change Rate +0.007435% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $82,311 Land Value $19,437 Improvement Value $62,874 Tax Amount $1,108.31 Change Rate +0.034885% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $82,311 Land Value $19,437 Improvement Value $62,874 Tax Amount $1,070.95 Change Rate -0.054031% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $81,783 Land Value $23,900 Improvement Value $57,883 Tax Amount $1,132.12 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $81,783 Land Value $23,900 Improvement Value $57,883 Tax Amount $1,132.12 Change Rate Assessed CR Tax Rate +0.013843%