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308 Cherry Grv; Durham, NC Property Details

308 Cherry Grv, Durham, NC is a Single Family that was built in 1930. This property is currently a cash purchase and is not for sale. Our records show that 308 Cherry Grv has 3 bedrooms, and 1 bathroom, and a total of 1,292 square feet. The lot size of 308 Cherry Grv is 6,970 square feet.

Off market
308 Cherry Grv Durham, NC 27703
$414,000 Listing Price
3 Beds
1 Baths
1,292 SqFt
Property Type
Single Family
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1930
  • Purchase Price: $414,000
  • Est. Equity / %: $366,000 / 100%
  • Gross Yield: 8.469%
  • APN: 112575
  • Situs County: Durham
  • Length Of Ownership: 1 year, 3 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: 1,292/SqFt
  • Lot: 6,970/SqFt
  • Living: 1,292/SqFt
  • Building: 1,292/SqFt
  • Ground: 1,224/SqFt
  • Price Per Square Foot: $320.43

Legal Description

  • Description: THE DRIVER LAND/BLK:E/LT# 04 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: 35.988316 / -78.879074
  • Subdivision: The Driver Land
  • Property Class: Residential
  • Zoning: RU-5(2)
  • County Use Code: 111

Amenities

  • Plus Four: 3006
  • Bathroom Fixtures: 5
  • Cooling: Yes
  • Garage: Garage
  • 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

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

Taxes

308 Cherry Grv has 10 associated Taxes items

308 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 $243,561. The APN we've located for 308 Cherry Grv is 112575.

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Taxes
  • Assessed Value:  $243,561
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  112575
  • Assessed Land Value:  104400
  • Market Land Value:  104400
  • Tax Amount:  2414.43
  • Tax Year:  2025
  • Market Value:  243561
  • Market Year:  2025

Tax History

308 Cherry Grv has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $243,561 Land Value $104,400 Improvement Value $139,161 Tax Amount $2,414.43 Change Rate +0.959828% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $88,319 Land Value $26,100 Improvement Value $62,219 Tax Amount $1,231.96 Change Rate +0.06488% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $88,319 Land Value $26,100 Improvement Value $62,219 Tax Amount $1,156.9 Change Rate +0.705738% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $88,319 Land Value $26,100 Improvement Value $62,219 Tax Amount $678.24 Change Rate -0.246467% Assessed CR Tax Rate +0.007679%
Year 2021 Assessed Value $88,319 Land Value $26,100 Improvement Value $62,219 Tax Amount $900.08 Change Rate -0.180703% Assessed CR Tax Rate +0.010191%
Year 2020 Assessed Value $88,319 Land Value $26,100 Improvement Value $62,219 Tax Amount $1,098.6 Change Rate +0.666717% Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $88,319 Land Value $26,100 Improvement Value $62,219 Tax Amount $659.14 Change Rate -0.279384% Assessed CR Tax Rate +0.007463%
Year 2018 Assessed Value $67,430 Land Value $14,550 Improvement Value $52,880 Tax Amount $914.69 Change Rate Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $67,430 Land Value $14,550 Improvement Value $52,880 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $67,430 Land Value $14,550 Improvement Value $52,880 Tax Amount $877.33 Change Rate +0.01944% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $62,169 Land Value $10,676 Improvement Value $51,493 Tax Amount $860.6 Change Rate -0.000012% Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $62,169 Land Value $10,676 Improvement Value $51,493 Tax Amount $860.61 Change Rate Assessed CR Tax Rate +0.013843%
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