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206 Gray Ave; Durham, NC Property Details

206 Gray Ave, Durham, NC is a Garden Apt 5+ Units that was built in 1990. This property is currently Financed and is not for sale. Our records show that 206 Gray Ave has a total of 27,172 square feet. The lot size of 206 Gray Ave is 85,378 square feet.

Off market  •   Pre Probate ✓
206 Gray Ave Durham, NC 27701
$3,902,143 Estimated Value
27,172 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1990
  • Purchase Price: $2,500,000
  • Open Loans / Balance: 3 / $3,831,583
  • Est. Equity / %: $612,417 / 13.78%
  • APN: 110343
  • Situs County: Durham
  • Length Of Ownership: 9 years, 5 months

Structure

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

Measurements

  • Total: 27,172/SqFt
  • Lot: 85,378/SqFt
  • Living: 27,172/SqFt
  • Building: 27,172/SqFt
  • Ground: 1,098/SqFt
  • Price Per Square Foot: $92.01

Legal Description

  • Description: PROP-MURDOCK LIZZIE O HEI RS CLEVELAND-HOLLOWAY/HD PL:000104-000064
Building Insights

Land Information

  • Property Type: Garden Apt 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.999043 / -78.89483
  • Subdivision: Property Of Nc Affordable Housing Llc
  • Property Class: Residential
  • Zoning: RS-M
  • County Use Code: 411

Amenities

  • Plus Four: 2446
  • Bathroom Fixtures: 5
  • Cooling: Yes
  • Heating: Yes

Ownership Info

206 Gray Ave has no associated ownership info
206 Gray Ave has no associated ownership info.

Taxes

206 Gray Ave has 10 associated Taxes items

206 Gray Ave, 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 $3,902,143. The APN we've located for 206 Gray Ave is 110343.

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Taxes
  • Assessed Value:  $3,902,143
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  110343
  • Assessed Land Value:  1600000
  • Market Land Value:  1600000
  • Tax Amount:  38681.94
  • Tax Year:  2025
  • Market Value:  3902143
  • Market Year:  2025

Tax History

206 Gray Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $3,902,143 Land Value $1,600,000 Improvement Value $2,302,143 Tax Amount $38,681.94 Change Rate +0.137474% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $2,437,943 Land Value $640,000 Improvement Value $1,797,943 Tax Amount $34,006.87 Change Rate +0.06489% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $2,437,943 Land Value $640,000 Improvement Value $1,797,943 Tax Amount $31,934.62 Change Rate +0.023439% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $2,437,943 Land Value $640,000 Improvement Value $1,797,943 Tax Amount $31,203.24 Change Rate +0.00471% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $2,437,943 Land Value $640,000 Improvement Value $1,797,943 Tax Amount $31,056.96 Change Rate +0.024118% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $2,437,943 Land Value $640,000 Improvement Value $1,797,943 Tax Amount $30,325.57 Change Rate -0.195842% Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $3,031,673 Land Value $640,000 Improvement Value $2,391,673 Tax Amount $37,710.98 Change Rate +1.224859% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $1,249,527 Land Value $256,000 Improvement Value $993,527 Tax Amount $16,949.83 Change Rate +0.007427% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $1,249,527 Land Value $256,000 Improvement Value $993,527 Tax Amount $16,824.88 Change Rate +0.034894% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $1,249,527 Land Value $256,000 Improvement Value $993,527 Tax Amount $16,257.59 Change Rate -0.01292% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $1,189,799 Land Value $320,000 Improvement Value $869,799 Tax Amount $16,470.39 Change Rate +0.000001% Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $1,189,799 Land Value $320,000 Improvement Value $869,799 Tax Amount $16,470.38 Change Rate Assessed CR Tax Rate +0.013843%