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18 Preakness Dr; Durham, NC Property Details

18 Preakness Dr, Durham, NC is a Townhouse that was built in 1987. This property is currently a cash purchase and is not for sale. Our records show that 18 Preakness Dr has 2 bedrooms, and 2 bathrooms, and a total of 1,028 square feet. The lot size of 18 Preakness Dr is 2,178 square feet.

For Rent
18 Preakness Dr Durham, NC 27713
$1,600 Listing Price
2 Beds
2 Baths
1,028 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1987
  • Purchase Price: $260,000
  • Est. Equity / %: $292,000 / 100%
  • Gross Yield: 6.575%
  • APN: 144873
  • Situs County: Durham
  • Length Of Ownership: 4 years, 9 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,028/SqFt
  • Lot: 2,178/SqFt
  • Living: 1,028/SqFt
  • Building: 1,028/SqFt
  • Ground: 980/SqFt
  • Price Per Square Foot: $252.92

Legal Description

  • Description: STEEPLECHASE TWNHMS/SEC:0 3/PH:01/LT#09 TYPE-01/BN PL:000115-000176
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.926834 / -78.93385
  • Subdivision: Wdcrft/Stplchs Tw S3 P1
  • Property Class: Residential
  • Zoning: PDR 3.650
  • County Use Code: 122

Amenities

  • Plus Four: 9144
  • Bathroom Fixtures: 8
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Yes

HOA

  • H O A One: $311
  • H O A Amount: $311
  • H O A One Frequency: Annual
  • H O A One Name: Steeplechase Townhouse Assoc Inc
  • H O A One Type: Home Owner Association

Ownership Info

18 Preakness Dr has no associated ownership info
18 Preakness Dr has no associated ownership info.

Taxes

18 Preakness Dr has 10 associated Taxes items

18 Preakness 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 $276,638. The APN we've located for 18 Preakness Dr is 144873.

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Taxes
  • Assessed Value:  $276,638
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  144873
  • Assessed Land Value:  75000
  • Market Land Value:  75000
  • Tax Amount:  2742.3
  • Tax Year:  2024
  • Market Value:  276638
  • Market Year:  2025

Tax History

18 Preakness Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $276,638 Land Value $75,000 Improvement Value $201,638 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $142,267 Land Value $30,000 Improvement Value $112,267 Tax Amount $2,742.3 Change Rate +0.381873% Assessed CR Tax Rate +0.019276%
Year 2023 Assessed Value $142,267 Land Value $30,000 Improvement Value $112,267 Tax Amount $1,984.48 Change Rate +0.089853% Assessed CR Tax Rate +0.013949%
Year 2022 Assessed Value $142,267 Land Value $30,000 Improvement Value $112,267 Tax Amount $1,820.87 Change Rate +0.004707% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $142,267 Land Value $30,000 Improvement Value $112,267 Tax Amount $1,812.34 Change Rate +0.024123% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $142,267 Land Value $30,000 Improvement Value $112,267 Tax Amount $1,769.65 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $142,267 Land Value $30,000 Improvement Value $112,267 Tax Amount $1,769.65 Change Rate +0.081574% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $120,618 Land Value $33,000 Improvement Value $87,618 Tax Amount $1,636.18 Change Rate +0.007419% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $120,618 Land Value $33,000 Improvement Value $87,618 Tax Amount $1,624.13 Change Rate +0.0349% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $120,618 Land Value $33,000 Improvement Value $87,618 Tax Amount $1,569.36 Change Rate -0.087523% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $124,243 Land Value $28,800 Improvement Value $95,443 Tax Amount $1,719.89 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $124,243 Land Value $28,800 Improvement Value $95,443 Tax Amount $1,719.89 Change Rate Assessed CR Tax Rate +0.013843%