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16 Madrid Ln; Durham, NC Property Details

16 Madrid Ln, Durham, NC is a Single Family that was built in 1989. This property is currently Financed and is not for sale. Our records show that 16 Madrid Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 1,718 square feet. The lot size of 16 Madrid Ln is 10,890 square feet.

Off market
16 Madrid Ln Durham, NC 27704
$165,500 Listing Price
3 Beds
2.5 Baths
1,718 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1989
  • Purchase Price: $165,500
  • Open Loans / Balance: 1 / $184,495
  • Est. Equity / %: $178,505 / 49.17%
  • Gross Yield: 6.863%
  • APN: 127687
  • Situs County: Durham
  • Length Of Ownership: 11 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,718/SqFt
  • Lot: 10,890/SqFt
  • Living: 1,718/SqFt
  • Building: 1,718/SqFt
  • Ground: 878/SqFt
  • Price Per Square Foot: $96.33

Legal Description

  • Description: MYRTLE WOODS/LT#06 PL:000117-000046
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: 36.057316 / -78.91356
  • Subdivision: Myrtle Wds Sub
  • Property Class: Residential
  • Zoning: RS-10
  • County Use Code: 111

Amenities

  • Plus Four: 1785
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Yes

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

16 Madrid Ln has no associated ownership info
16 Madrid Ln has no associated ownership info.

Taxes

16 Madrid Ln has 10 associated Taxes items

16 Madrid Ln, 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 $371,190. The APN we've located for 16 Madrid Ln is 127687.

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Taxes
  • Assessed Value:  $371,190
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  127687
  • Assessed Land Value:  112500
  • Market Land Value:  112500
  • Tax Amount:  3679.6
  • Tax Year:  2025
  • Market Value:  371190
  • Market Year:  2025

Tax History

16 Madrid Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $371,190 Land Value $112,500 Improvement Value $258,690 Tax Amount $3,679.6 Change Rate +0.339512% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $196,929 Land Value $37,560 Improvement Value $159,369 Tax Amount $2,746.97 Change Rate +0.064895% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $196,929 Land Value $37,560 Improvement Value $159,369 Tax Amount $2,579.57 Change Rate +0.023436% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $196,929 Land Value $37,560 Improvement Value $159,369 Tax Amount $2,520.5 Change Rate +0.004708% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $196,929 Land Value $37,560 Improvement Value $159,369 Tax Amount $2,508.69 Change Rate +0.024122% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $196,929 Land Value $37,560 Improvement Value $159,369 Tax Amount $2,449.6 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $196,929 Land Value $37,560 Improvement Value $159,369 Tax Amount $2,449.6 Change Rate +0.094202% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $165,036 Land Value $31,300 Improvement Value $133,736 Tax Amount $2,238.71 Change Rate +0.007425% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $165,036 Land Value $31,300 Improvement Value $133,736 Tax Amount $2,222.21 Change Rate +0.03489% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $165,036 Land Value $31,300 Improvement Value $133,736 Tax Amount $2,147.29 Change Rate -0.208763% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $196,044 Land Value $31,240 Improvement Value $164,804 Tax Amount $2,713.84 Change Rate +0.000004% Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $196,044 Land Value $31,240 Improvement Value $164,804 Tax Amount $2,713.83 Change Rate Assessed CR Tax Rate +0.013843%