Large Location Icon

309 Gray Ave; Durham, NC Property Details

309 Gray Ave, Durham, NC is a Duplex 2 Units that was built in 1925. This property is currently a cash purchase and is not for sale. Our records show that 309 Gray Ave has 4 bedrooms, and 2 bathrooms, and a total of 2,520 square feet. The lot size of 309 Gray Ave is 6,970 square feet.

For Rent
309 Gray Ave Durham, NC 27701
$2,100 Listing Price
4 Beds
2 Baths
2,520 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1925
  • Purchase Price: $275,000
  • Open Loans / Balance: 1 / $366,862
  • Est. Equity / %: $32,138 / 8.05%
  • APN: 110292
  • Situs County: Durham
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 4

Structure

  • Building Style: Wood
  • Stories: 2
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 2,520/SqFt
  • Lot: 6,970/SqFt
  • Living: 2,520/SqFt
  • Building: 2,520/SqFt
  • Ground: 1,260/SqFt
  • Price Per Square Foot: $109.13

Legal Description

  • Description: PROP-SMITH LIZZIE O/LT#02 PL:000005-000029
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.99942 / -78.893394
  • Subdivision: Prop-Smith Lizzie O
  • Property Class: Residential
  • Zoning: RU-M
  • County Use Code: 112

Amenities

  • Plus Four: 2425
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Heating: Heat Pump

Ownership Info

309 Gray Ave has no associated ownership info
309 Gray Ave has no associated ownership info.

Taxes

309 Gray Ave has 10 associated Taxes items

309 Gray 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 $434,278. The APN we've located for 309 Gray Ave is 110292.

Unlock the full report
Taxes
  • Assessed Value:  $434,278
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  110292
  • Assessed Land Value:  203000
  • Market Land Value:  203000
  • Tax Amount:  4305
  • Tax Year:  2025
  • Market Value:  434278
  • Market Year:  2025

Tax History

309 Gray Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $434,278 Land Value $203,000 Improvement Value $231,278 Tax Amount $4,305 Change Rate -0.108227% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $346,079 Land Value $69,260 Improvement Value $276,819 Tax Amount $4,827.46 Change Rate +0.064891% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $346,079 Land Value $69,260 Improvement Value $276,819 Tax Amount $4,533.29 Change Rate +0.023441% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $346,079 Land Value $69,260 Improvement Value $276,819 Tax Amount $4,429.46 Change Rate +0.592672% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $218,318 Land Value $69,260 Improvement Value $149,058 Tax Amount $2,781.15 Change Rate +0.024116% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $218,318 Land Value $69,260 Improvement Value $149,058 Tax Amount $2,715.66 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $218,318 Land Value $69,260 Improvement Value $149,058 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $99,927 Land Value $19,875 Improvement Value $80,052 Tax Amount $1,355.51 Change Rate +0.007425% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $99,927 Land Value $19,875 Improvement Value $80,052 Tax Amount $1,345.52 Change Rate +0.034896% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $99,927 Land Value $19,875 Improvement Value $80,052 Tax Amount $1,300.15 Change Rate +0.669706% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $56,250 Land Value $19,875 Improvement Value $36,375 Tax Amount $778.67 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $56,250 Land Value $19,875 Improvement Value $36,375 Tax Amount $778.67 Change Rate Assessed CR Tax Rate +0.013843%