Taxes
- Assessed Value: $35,041,659
- Assessed Year: 2025
- Assessed County: Durham
- APN: 124861
- Assessed Land Value: 3929249
- Market Land Value: 3929249
- Tax Amount: 347367.97
- Tax Year: 2025
- Market Value: 35041659
- Market Year: 2025
1206 Cole Mill Rd; Durham, NC Property Details
Off market
1206 Cole Mill Rd Durham, NC 27705
$35,041,659 Estimated Value
130,550 SqFt
Property Type
MotelProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1960
- Purchase Price: $3,787,000
- Open Loans / Balance: 1 / $21,473,899
- APN: 124861
- Situs County: Durham
- Length Of Ownership: 6 years, 5 months
Structure
- Stories: 1
- Sewer Type: Municipal
- Water Source: Yes
Measurements
- Total: 130,550/SqFt
- Lot: 177,289/SqFt
- Living: 130,550/SqFt
- Building: 130,550/SqFt
- Price Per Square Foot: $29.01
Legal Description
- Description: PROP-HOLMES COLE MILL/TR# 10 PT PL:000202-000029
Building Insights
Land Information
- Property Type: Motel
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Durham Public Schools
- Lat / Lon: 36.0237 / -78.95245
- Subdivision: Prop-Christian John B Est
- Property Class: Commercial
- Zoning: I
- County Use Code: 415
Amenities
- Plus Four: 2902
- Cooling: Yes
- Heating: Yes
Ownership Info
1206 Cole Mill Rd has no associated ownership info
1206 Cole Mill Rd has no associated ownership info.
Taxes
1206 Cole Mill Rd has 10 associated Taxes items
1206 Cole Mill 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 $35,041,659. The APN we've located for 1206 Cole Mill Rd is 124861.
Unlock the full reportTax History
1206 Cole Mill Rd has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $35,041,659 | Land Value $3,929,249 | Improvement Value $31,112,410 | Tax Amount $347,367.97 | Change Rate +0.381585% | Assessed CR | Tax Rate +0.009913% |
| Year 2024 | Assessed Value $18,024,745 | Land Value $1,267,500 | Improvement Value $16,757,245 | Tax Amount $251,427.17 | Change Rate +1.188655% | Assessed CR | Tax Rate +0.013949% |
| Year 2023 | Assessed Value $3,804,999 | Land Value $1,141,250 | Improvement Value $2,663,749 | Tax Amount $114,877.5 | Change Rate +1.358872% | Assessed CR | Tax Rate +0.030191% |
| Year 2022 | Assessed Value $3,804,999 | Land Value $1,141,250 | Improvement Value $2,663,749 | Tax Amount $48,700.18 | Change Rate +1.592229% | Assessed CR | Tax Rate +0.012799% |
| Year 2021 | Assessed Value $1,474,762 | Land Value $1,141,250 | Improvement Value $333,512 | Tax Amount $18,786.99 | Change Rate +0.024118% | Assessed CR | Tax Rate +0.012739% |
| Year 2020 | Assessed Value $1,474,762 | Land Value $1,141,250 | Improvement Value $333,512 | Tax Amount $18,344.56 | Change Rate +18.795576% | Assessed CR | Tax Rate +0.012439% |
| Year 2019 | Assessed Value $74,500 | Land Value $74,500 | Improvement Value | Tax Amount $926.7 | Change Rate +0.608519% | Assessed CR | Tax Rate +0.012439% |
| Year 2018 | Assessed Value $42,471 | Land Value $42,471 | Improvement Value | Tax Amount $576.12 | Change Rate +0.007414% | Assessed CR | Tax Rate +0.013565% |
| Year 2017 | Assessed Value $42,471 | Land Value $42,471 | Improvement Value | Tax Amount $571.88 | Change Rate +0.034908% | Assessed CR | Tax Rate +0.013465% |
| Year 2016 | Assessed Value $42,471 | Land Value $42,471 | Improvement Value | Tax Amount $552.59 | Change Rate -0.38296% | Assessed CR | Tax Rate +0.013011% |
| Year 2015 | Assessed Value $64,694 | Land Value $63,706 | Improvement Value $988 | Tax Amount $895.55 | Change Rate -0.000011% | Assessed CR | Tax Rate +0.013843% |
| Year 2014 | Assessed Value $64,694 | Land Value $63,706 | Improvement Value $988 | Tax Amount $895.56 | Change Rate | Assessed CR | Tax Rate +0.013843% |