Taxes
- Assessed Value: $40,836,939
- Assessed Year: 2025
- Assessed County: Durham
- APN: 121537
- Assessed Land Value: 9300000
- Market Land Value: 9300000
- Tax Amount: 404816.57
- Tax Year: 2025
- Market Value: 40836939
- Market Year: 2025
312 Morcroft Ln; Durham, NC Property Details
Off market
20 Morcroft Ln Durham, NC 27705
$40,836,939 Estimated Value
21,384 SqFt
Property Type
Garden Apt 5+ UnitsProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1997
- Purchase Price: $38,000,000
- Open Loans / Balance: 1 / $20,425,450
- APN: 121537
- Situs County: Durham
- Length Of Ownership: 6 years, 2 months
Structure
- Stories: 1
- Exterior Wall Type: Wood Siding
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Yes
Measurements
- Total: 21,384/SqFt
- Lot: 777,982/SqFt
- Living: 21,384/SqFt
- Building: 21,384/SqFt
- Ground: 8,638/SqFt
- Price Per Square Foot: $1777.03
Legal Description
- Description: PROP-CONIFER GLEN LLC/DBA -UNIVERSITY TOWER/TR#01 PL:000141-000023
Building Insights
Land Information
- Property Type: Garden Apt 5+ Units
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Durham Public Schools
- Lat / Lon: 35.972645 / -78.95539
- Property Class: Residential
- Zoning: PDR 8.700
- County Use Code: 411
Amenities
- Plus Four: 5671
- Bathroom Fixtures: 5
- Cooling: Yes
- Fireplaces: 1
- Heating: Yes
Ownership Info
20 Morcroft Ln has no associated ownership info
20 Morcroft Ln has no associated ownership info.
Taxes
20 Morcroft Ln has 10 associated Taxes items
312 Morcroft Ln, 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 $40,836,939. The APN we've located for 312 Morcroft Ln is 121537.
Unlock the full reportTax History
20 Morcroft Ln has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $40,836,939 | Land Value $9,300,000 | Improvement Value $31,536,939 | Tax Amount $404,816.56 | Change Rate +0.282996% | Assessed CR | Tax Rate +0.009913% |
| Year 2024 | Assessed Value $22,619,855 | Land Value $2,325,000 | Improvement Value $20,294,855 | Tax Amount $315,524.38 | Change Rate +0.064891% | Assessed CR | Tax Rate +0.013949% |
| Year 2023 | Assessed Value $22,619,855 | Land Value $2,325,000 | Improvement Value $20,294,855 | Tax Amount $296,297.47 | Change Rate +0.023439% | Assessed CR | Tax Rate +0.013099% |
| Year 2022 | Assessed Value $22,619,855 | Land Value $2,325,000 | Improvement Value $20,294,855 | Tax Amount $289,511.53 | Change Rate +0.00471% | Assessed CR | Tax Rate +0.012799% |
| Year 2021 | Assessed Value $22,619,855 | Land Value $2,325,000 | Improvement Value $20,294,855 | Tax Amount $288,154.34 | Change Rate +0.024118% | Assessed CR | Tax Rate +0.012739% |
| Year 2020 | Assessed Value $22,619,855 | Land Value $2,325,000 | Improvement Value $20,294,855 | Tax Amount $281,368.38 | Change Rate | Assessed CR | Tax Rate +0.012439% |
| Year 2019 | Assessed Value $22,619,855 | Land Value $2,325,000 | Improvement Value $20,294,855 | Tax Amount $281,368.38 | Change Rate +0.178818% | Assessed CR | Tax Rate +0.012439% |
| Year 2018 | Assessed Value $17,595,787 | Land Value $2,325,000 | Improvement Value $15,270,787 | Tax Amount $238,686.86 | Change Rate +0.007427% | Assessed CR | Tax Rate +0.013565% |
| Year 2017 | Assessed Value $17,595,787 | Land Value $2,325,000 | Improvement Value $15,270,787 | Tax Amount $236,927.27 | Change Rate +0.034893% | Assessed CR | Tax Rate +0.013465% |
| Year 2016 | Assessed Value $17,595,787 | Land Value $2,325,000 | Improvement Value $15,270,787 | Tax Amount $228,938.8 | Change Rate +0.264721% | Assessed CR | Tax Rate +0.013011% |
| Year 2015 | Assessed Value $13,076,593 | Land Value $1,860,000 | Improvement Value $11,216,593 | Tax Amount $181,019.28 | Change Rate | Assessed CR | Tax Rate +0.013843% |
| Year 2014 | Assessed Value $13,076,593 | Land Value $1,860,000 | Improvement Value $11,216,593 | Tax Amount $181,019.28 | Change Rate | Assessed CR | Tax Rate +0.013843% |