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308 Melbourne St; Durham, NC Property Details

308 Melbourne St, Durham, NC is a Single Family that was built in 1988. This property is currently Financed and is not for sale. Our records show that 308 Melbourne St has 3 bedrooms, and 2 bathrooms, and a total of 1,248 square feet. The lot size of 308 Melbourne St is 13,504 square feet.

Off market
308 Melbourne St Durham, NC 27703
$205,000 Listing Price
3 Beds
2 Baths
1,248 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1988
  • Purchase Price: $205,000
  • Open Loans / Balance: 2 / $183,008
  • Est. Equity / %: $124,992 / 40.58%
  • Gross Yield: 6.21%
  • APN: 131461
  • Situs County: Durham
  • Length Of Ownership: 5 years, 4 months

Rooms

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

Structure

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

Measurements

  • Total: 1,248/SqFt
  • Lot: 13,504/SqFt
  • Living: 1,248/SqFt
  • Building: 1,248/SqFt
  • Ground: 1,248/SqFt
  • Price Per Square Foot: $164.26

Legal Description

  • Description: TIMBERSTONE/PH:01/LT#08 PL:000114-000071
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: 35.99308 / -78.85253
  • Subdivision: Timberstone
  • Property Class: Residential
  • Zoning: RS-8
  • County Use Code: 111

Amenities

  • Plus Four: 2408
  • Bathroom Fixtures: 8
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Yes

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

308 Melbourne St has no associated ownership info
308 Melbourne St has no associated ownership info.

Taxes

308 Melbourne St has 10 associated Taxes items

308 Melbourne St, 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 $253,298. The APN we've located for 308 Melbourne St is 131461.

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Taxes
  • Assessed Value:  $253,298
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  131461
  • Assessed Land Value:  85150
  • Market Land Value:  85150
  • Tax Amount:  2510.95
  • Tax Year:  2025
  • Market Value:  253298
  • Market Year:  2025

Tax History

308 Melbourne St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $253,298 Land Value $85,150 Improvement Value $168,148 Tax Amount $2,510.95 Change Rate +0.389668% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $129,534 Land Value $29,452 Improvement Value $100,082 Tax Amount $1,806.87 Change Rate +0.064888% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $129,534 Land Value $29,452 Improvement Value $100,082 Tax Amount $1,696.77 Change Rate +0.023439% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $129,534 Land Value $29,452 Improvement Value $100,082 Tax Amount $1,657.91 Change Rate +0.004709% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $129,534 Land Value $29,452 Improvement Value $100,082 Tax Amount $1,650.14 Change Rate +0.024124% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $129,534 Land Value $29,452 Improvement Value $100,082 Tax Amount $1,611.27 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $129,534 Land Value $29,452 Improvement Value $100,082 Tax Amount $1,611.27 Change Rate +0.184453% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $100,284 Land Value $22,907 Improvement Value $77,377 Tax Amount $1,360.35 Change Rate +0.00742% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $100,284 Land Value $22,907 Improvement Value $77,377 Tax Amount $1,350.33 Change Rate +0.034894% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $100,284 Land Value $22,907 Improvement Value $77,377 Tax Amount $1,304.8 Change Rate -0.164115% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $112,763 Land Value $22,304 Improvement Value $90,459 Tax Amount $1,560.98 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $112,763 Land Value $22,304 Improvement Value $90,459 Tax Amount $1,560.98 Change Rate Assessed CR Tax Rate +0.013843%