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2551 Drake Ave; Durham, NC Property Details

2551 Drake Ave, Durham, NC is a Single Family that was built in 2020. This property is currently Financed and is not for sale. Our records show that 2551 Drake Ave has 4 bedrooms, and 3.5 bathrooms, and a total of 2,192 square feet. The lot size of 2551 Drake Ave is 9,583 square feet.

Off market
2551 Drake Ave Durham, NC 27705
$770,000 Listing Price
4 Beds
3.5 Baths
2,192 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2020
  • Purchase Price: $770,000
  • Open Loans / Balance: 1 / $744,963
  • Est. Equity / %: $89,037 / 10.68%
  • Gross Yield: 5.803%
  • APN: 226290
  • Situs County: Durham
  • Length Of Ownership: 10 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Stories: 1

Measurements

  • Total: 2,192/SqFt
  • Lot: 9,583/SqFt
  • Living: 2,192/SqFt
  • Building: 2,192/SqFt
  • Price Per Square Foot: $351.28

Legal Description

  • Description: PROP-KNOWLES BEN L/LT#36B PL:000201-000364
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: 36.025932 / -78.93254
  • Subdivision: Prop-Reichard J/Proctor J
  • Property Class: Residential
  • Zoning: RS-8
  • County Use Code: 111

Amenities

  • Plus Four: 3290
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Yes

Ownership Info

2551 Drake Ave has no associated ownership info
2551 Drake Ave has no associated ownership info.

Taxes

2551 Drake Ave has 10 associated Taxes items

2551 Drake Ave, Durham, NC pays taxes in Durham County, NC. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $724,594. The APN we've located for 2551 Drake Ave is 226290.

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Taxes
  • Assessed Value:  $724,594
  • Assessed Year:  2026
  • Assessed County:  Durham
  • APN:  226290
  • Assessed Land Value:  167750
  • Market Land Value:  167750
  • Tax Amount:  7182.9
  • Tax Year:  2025
  • Market Value:  724594
  • Market Year:  2026

Tax History

2551 Drake Ave has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $724,594 Land Value $167,750 Improvement Value $556,844 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $7,182.9 Change Rate +0.066598% Assessed CR Tax Rate
Year 2024 Assessed Value $482,787 Land Value $51,765 Improvement Value $431,022 Tax Amount $6,734.4 Change Rate +0.064891% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $482,787 Land Value $51,765 Improvement Value $431,022 Tax Amount $6,324.03 Change Rate +0.02344% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $482,787 Land Value $51,765 Improvement Value $431,022 Tax Amount $6,179.19 Change Rate +0.004709% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $465,545 Land Value $51,765 Improvement Value $413,780 Tax Amount $6,150.23 Change Rate +8.55153% Assessed CR Tax Rate +0.013211%
Year 2020 Assessed Value $51,765 Land Value $51,765 Improvement Value Tax Amount $643.9 Change Rate Assessed CR Tax Rate +0.012439%