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304 Formosa Ave; Durham, NC Property Details

304 Formosa Ave, Durham, NC is a Single Family that was built in 1952. This property is currently Financed and is not for sale. Our records show that 304 Formosa Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,638 square feet. The lot size of 304 Formosa Ave is 14,375 square feet.

Off market
304 Formosa Ave Durham, NC 27707
$245,000 Listing Price
3 Beds
2 Baths
1,638 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1952
  • Purchase Price: $245,000
  • Open Loans / Balance: 1 / $293,591
  • Est. Equity / %: $-7,591 / -2.65%
  • Gross Yield: 5.366%
  • APN: 117073
  • Situs County: Durham
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,638/SqFt
  • Lot: 14,375/SqFt
  • Garage: 440/SqFt
  • Living: 1,638/SqFt
  • Basement: 300/SqFt
  • Building: 1,638/SqFt
  • Ground: 870/SqFt
  • Garage Unfinished: 440/SqFt
  • Basement Unfinished: 300/SqFt
  • Price Per Square Foot: $149.57

Legal Description

  • Description: COLLEGE HEIGHTS/LT#A/AKA- BLK:B/LT#06-08 PL:00006B-000130
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: 35.97426 / -78.90295
  • Subdivision: College Heights Property
  • Property Class: Residential
  • Zoning: RU-5
  • County Use Code: 111

Amenities

  • Plus Four: 3138
  • Bathroom Fixtures: 5
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

304 Formosa Ave has no associated ownership info
304 Formosa Ave has no associated ownership info.

Taxes

304 Formosa Ave has 10 associated Taxes items

304 Formosa 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 $242,014. The APN we've located for 304 Formosa Ave is 117073.

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Taxes
  • Assessed Value:  $242,014
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  117073
  • Assessed Land Value:  116375
  • Market Land Value:  116375
  • Tax Amount:  2399.08
  • Tax Year:  2025
  • Market Value:  242014
  • Market Year:  2025

Tax History

304 Formosa Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $242,014 Land Value $116,375 Improvement Value $125,639 Tax Amount $2,399.08 Change Rate +0.226749% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $140,199 Land Value $33,325 Improvement Value $106,874 Tax Amount $1,955.64 Change Rate +0.064891% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $140,199 Land Value $33,325 Improvement Value $106,874 Tax Amount $1,836.47 Change Rate +0.023439% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $140,199 Land Value $33,325 Improvement Value $106,874 Tax Amount $1,794.41 Change Rate +0.004709% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $140,199 Land Value $33,325 Improvement Value $106,874 Tax Amount $1,786 Change Rate +0.024118% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $140,199 Land Value $33,325 Improvement Value $106,874 Tax Amount $1,743.94 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $140,199 Land Value $33,325 Improvement Value $106,874 Tax Amount $1,743.94 Change Rate +0.342587% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $95,757 Land Value $19,995 Improvement Value $75,762 Tax Amount $1,298.94 Change Rate +0.028456% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $93,798 Land Value $19,995 Improvement Value $73,803 Tax Amount $1,263 Change Rate +0.034898% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $93,798 Land Value $19,995 Improvement Value $73,803 Tax Amount $1,220.41 Change Rate -0.117799% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $99,933 Land Value $20,796 Improvement Value $79,137 Tax Amount $1,383.37 Change Rate +0.000007% Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $99,933 Land Value $20,796 Improvement Value $79,137 Tax Amount $1,383.36 Change Rate Assessed CR Tax Rate +0.013843%