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2502 State St; Durham, NC Property Details

2502 State St, Durham, NC is a Single Family that was built in 1943. This property is currently Financed and is not for sale. Our records show that 2502 State St has 3 bedrooms, and 1 bathroom, and a total of 1,053 square feet. The lot size of 2502 State St is 9,148 square feet.

Off market
2502 State St Durham, NC 27704
$325,000 Listing Price
3 Beds
1 Baths
1,053 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1943
  • Purchase Price: $325,000
  • Est. Equity / %: $419,000 / 100%
  • Gross Yield: 6.765%
  • APN: 120211
  • Situs County: Durham
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

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

Measurements

  • Total: 1,053/SqFt
  • Lot: 9,148/SqFt
  • Living: 1,053/SqFt
  • Building: 1,053/SqFt
  • Ground: 1,053/SqFt
  • Price Per Square Foot: $308.64

Legal Description

  • Description: COLONIAL VILLAGE/LT#035 PL:000014-000094
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: 36.02179 / -78.88723
  • Subdivision: Colonial Vlg
  • Property Class: Residential
  • Zoning: RU-5
  • County Use Code: 111

Amenities

  • Plus Four: 4442
  • Bathroom Fixtures: 5
  • Fireplaces: 1
  • Heating: Space/Suspended

HOA

  • H O A One: $300
  • H O A Amount: $300
  • H O A One Frequency: Annual
  • H O A One Type: Home Owner Association

Ownership Info

2502 State St has no associated ownership info
2502 State St has no associated ownership info.

Taxes

2502 State St has 10 associated Taxes items

2502 State St, 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 $279,378. The APN we've located for 2502 State St is 120211.

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Taxes
  • Assessed Value:  $279,378
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  120211
  • Assessed Land Value:  90750
  • Market Land Value:  90750
  • Tax Amount:  2769.47
  • Tax Year:  2025
  • Market Value:  279378
  • Market Year:  2025

Tax History

2502 State St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $279,378 Land Value $90,750 Improvement Value $188,628 Tax Amount $2,769.47 Change Rate -0.058964% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $210,983 Land Value $30,200 Improvement Value $180,783 Tax Amount $2,943 Change Rate +0.064892% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $210,983 Land Value $30,200 Improvement Value $180,783 Tax Amount $2,763.66 Change Rate +0.023438% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $210,983 Land Value $30,200 Improvement Value $180,783 Tax Amount $2,700.37 Change Rate +0.00471% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $210,983 Land Value $30,200 Improvement Value $180,783 Tax Amount $2,687.71 Change Rate +0.024116% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $210,983 Land Value $30,200 Improvement Value $180,783 Tax Amount $2,624.42 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $210,983 Land Value $30,200 Improvement Value $180,783 Tax Amount $2,624.42 Change Rate +0.517515% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $127,491 Land Value $21,140 Improvement Value $106,351 Tax Amount $1,729.42 Change Rate +0.007433% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $127,491 Land Value $21,140 Improvement Value $106,351 Tax Amount $1,716.66 Change Rate +0.034893% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $127,491 Land Value $21,140 Improvement Value $106,351 Tax Amount $1,658.78 Change Rate +0.628362% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $73,588 Land Value $19,987 Improvement Value $53,601 Tax Amount $1,018.68 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $73,588 Land Value $19,987 Improvement Value $53,601 Tax Amount $1,018.68 Change Rate Assessed CR Tax Rate +0.013843%