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307 Cherry Grv; Durham, NC Property Details

307 Cherry Grv, Durham, NC is a Single Family that was built in 1928. This property is currently a cash purchase and is not for sale. Our records show that 307 Cherry Grv has 3 bedrooms, and 1.5 bathrooms, and a total of 1,480 square feet. The lot size of 307 Cherry Grv is 8,712 square feet.

Off market
307 Cherry Grv Durham, NC 27703
$224,900 Listing Price
3 Beds
1.5 Baths
1,480 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1928
  • Purchase Price: $120,000
  • Est. Equity / %: $352,000 / 100%
  • Gross Yield: 5.451%
  • APN: 112639
  • Situs County: Durham
  • Length Of Ownership: 8 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 4
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,480/SqFt
  • Lot: 8,712/SqFt
  • Living: 1,480/SqFt
  • Building: 1,480/SqFt
  • Ground: 1,480/SqFt
  • Price Per Square Foot: $81.08

Legal Description

  • Description: THE DRIVER LAND/BLK:B/LT# 23 EAST DURHAM/HD PL:00005A-000059
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: 35.98825 / -78.87969
  • Subdivision: The Driver Land
  • Property Class: Residential
  • Zoning: RU-5(2)
  • County Use Code: 111

Amenities

  • Plus Four: 3005
  • Bathroom Fixtures: 5
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Yes

HOA

  • H O A One: $30
  • H O A Amount: $30
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

307 Cherry Grv has no associated ownership info
307 Cherry Grv has no associated ownership info.

Taxes

307 Cherry Grv has 10 associated Taxes items

307 Cherry Grv, 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 $300,523. The APN we've located for 307 Cherry Grv is 112639.

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Taxes
  • Assessed Value:  $300,523
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  112639
  • Assessed Land Value:  108000
  • Market Land Value:  108000
  • Tax Amount:  2979.09
  • Tax Year:  2025
  • Market Value:  300523
  • Market Year:  2025

Tax History

307 Cherry Grv has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $300,523 Land Value $108,000 Improvement Value $192,523 Tax Amount $2,979.09 Change Rate +0.297225% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $164,636 Land Value $27,045 Improvement Value $137,591 Tax Amount $2,296.51 Change Rate +0.064895% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $164,636 Land Value $27,045 Improvement Value $137,591 Tax Amount $2,156.56 Change Rate +0.023439% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $164,636 Land Value $27,045 Improvement Value $137,591 Tax Amount $2,107.17 Change Rate +0.004706% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $164,636 Land Value $27,045 Improvement Value $137,591 Tax Amount $2,097.3 Change Rate +0.024117% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $164,636 Land Value $27,045 Improvement Value $137,591 Tax Amount $2,047.91 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $164,636 Land Value $27,045 Improvement Value $137,591 Tax Amount $2,047.91 Change Rate +1.074043% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $72,790 Land Value $15,037 Improvement Value $57,753 Tax Amount $987.4 Change Rate +0.007428% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $72,790 Land Value $15,037 Improvement Value $57,753 Tax Amount $980.12 Change Rate +0.034897% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $72,790 Land Value $15,037 Improvement Value $57,753 Tax Amount $947.07 Change Rate +1.670134% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $25,622 Land Value $13,319 Improvement Value $12,303 Tax Amount $354.69 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $25,622 Land Value $13,319 Improvement Value $12,303 Tax Amount $354.69 Change Rate Assessed CR Tax Rate +0.013843%