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3029 Cornwallis Rd; Durham, NC Property Details

3029 Cornwallis Rd, Durham, NC is a Residential Vacant Land that was built in 1990. This property is currently a cash purchase and is not for sale. Our records show that 3029 Cornwallis Rd has a total of 12,150 square feet. The lot size of 3029 Cornwallis Rd is 4,557,247 square feet.

Off market
3029 Cornwallis Rd Durham, NC 27713
$54,907,380 Estimated Value
12,150 SqFt
Property Type
Residential Vacant Land
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1990
  • Purchase Price: $4,685,500
  • APN: 157260
  • Situs County: Durham
  • Length Of Ownership: 7 months

Structure

  • Stories: 1
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 12,150/SqFt
  • Lot: 4,557,247/SqFt
  • Living: 12,150/SqFt
  • Building: 12,150/SqFt
  • Price Per Square Foot: $385.64

Legal Description

  • Description: GENESIS DURHAM CONDO/COMMON ELEMENTS PL:000013-000187
Building Insights

Land Information

  • Property Type: Residential Vacant Land
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.91804 / -78.86611
  • Subdivision: Genesis Durham Condo
  • Property Class: Vacant
  • Zoning: SRP
  • County Use Code: 347

Amenities

  • Plus Four: 2852
  • Cooling: Yes
  • Heating: Yes

HOA

  • H O A One Name: Genesis Durham Condo
  • H O A One Type: Condo  Owner Association

Ownership Info

3029 Cornwallis Rd has no associated ownership info
3029 Cornwallis Rd has no associated ownership info.

Taxes

3029 Cornwallis Rd has 10 associated Taxes items

3029 Cornwallis Rd, 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 $54,907,380. The APN we've located for 3029 Cornwallis Rd is 157260.

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Taxes
  • Assessed Value:  $54,907,380
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  157260
  • Assessed Land Value:  54907380
  • Market Land Value:  54907380
  • Tax Amount:  418945.53
  • Tax Year:  2025
  • Market Value:  54907380
  • Market Year:  2025

Tax History

3029 Cornwallis Rd has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $54,907,380 Land Value $54,907,380 Improvement Value Tax Amount $418,945.53 Change Rate +4.884334% Assessed CR Tax Rate +0.00763%
Year 2024 Assessed Value $5,829,182 Land Value $5,829,182 Improvement Value Tax Amount $71,196.76 Change Rate +0.209173% Assessed CR Tax Rate +0.012214%
Year 2023 Assessed Value $7,552,545 Land Value $6,821,471 Improvement Value $731,074 Tax Amount $58,880.56 Change Rate -0.119839% Assessed CR Tax Rate +0.007796%
Year 2022 Assessed Value $7,004,240 Land Value $6,821,471 Improvement Value $182,769 Tax Amount $66,897.5 Change Rate -0.020471% Assessed CR Tax Rate +0.009551%
Year 2021 Assessed Value $7,067,699 Land Value $6,884,930 Improvement Value $182,769 Tax Amount $68,295.6 Change Rate -0.061076% Assessed CR Tax Rate +0.009663%
Year 2020 Assessed Value $7,480,924 Land Value $6,884,930 Improvement Value $595,994 Tax Amount $72,738.13 Change Rate +0.068478% Assessed CR Tax Rate +0.009723%
Year 2019 Assessed Value $7,480,924 Land Value $6,884,930 Improvement Value $595,994 Tax Amount $68,076.42 Change Rate -0.007203% Assessed CR Tax Rate +0.0091%
Year 2018 Assessed Value $6,955,098 Land Value $6,955,098 Improvement Value Tax Amount $68,570.31 Change Rate +0.031384% Assessed CR Tax Rate +0.009859%
Year 2017 Assessed Value $8,413,425 Land Value $8,413,425 Improvement Value Tax Amount $66,483.79 Change Rate -0.148847% Assessed CR Tax Rate +0.007902%
Year 2016 Assessed Value $11,217,900 Land Value $11,217,900 Improvement Value Tax Amount $78,110.23 Change Rate -0.266559% Assessed CR Tax Rate +0.006963%
Year 2015 Assessed Value $10,967,900 Land Value $10,967,900 Improvement Value Tax Amount $106,498.31 Change Rate +0.005176% Assessed CR Tax Rate +0.00971%
Year 2014 Assessed Value $10,967,900 Land Value $10,967,900 Improvement Value Tax Amount $105,949.91 Change Rate Assessed CR Tax Rate +0.00966%
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