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3305 Watkins Rd; Durham, NC Property Details

3305 Watkins Rd, Durham, NC is a Motel that was built in 2015. This property is currently Financed and is not for sale. Our records show that 3305 Watkins Rd has a total of 64,158 square feet. The lot size of 3305 Watkins Rd is 29,621 square feet.

Off market
3305 Watkins Rd Durham, NC 27707
$17,877,812 Estimated Value
64,158 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2015
  • Purchase Price: $14,700,000
  • APN: 140184
  • Situs County: Durham
  • Length Of Ownership: 8 years

Structure

  • Stories: 4

Measurements

  • Total: 64,158/SqFt
  • Lot: 29,621/SqFt
  • Living: 64,158/SqFt
  • Building: 64,158/SqFt
  • Price Per Square Foot: $229.12

Legal Description

  • Description: GATEWAY TERRACE LAND COND O/UT#01 DBA:HOME 2 BY HI PL:CD0012-000245
Building Insights

Land Information

  • Property Type: Motel
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.95304 / -78.99018
  • Subdivision: Gateway Terrace Land Cndo
  • Property Class: Commercial
  • Zoning: CSD-S1
  • County Use Code: 415

Amenities

  • Plus Four: 3350
  • Cooling: Yes
  • Heating: Floor/Wall

Ownership Info

3305 Watkins Rd has no associated ownership info
3305 Watkins Rd has no associated ownership info.

Taxes

3305 Watkins Rd has 10 associated Taxes items

3305 Watkins Rd, Durham, NC pays taxes in Durham County, NC. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $17,877,812. The APN we've located for 3305 Watkins Rd is 140184.

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Taxes
  • Assessed Value:  $17,877,812
  • Assessed Year:  2026
  • Assessed County:  Durham
  • APN:  140184
  • Assessed Land Value:  1947949
  • Market Land Value:  1947949
  • Tax Amount:  177222.75
  • Tax Year:  2025
  • Market Value:  17877812
  • Market Year:  2026

Tax History

3305 Watkins Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $17,877,812 Land Value $1,947,949 Improvement Value $15,929,863 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $177,222.75 Change Rate +0.022279% Assessed CR Tax Rate
Year 2024 Assessed Value $12,428,159 Land Value $1,146,717 Improvement Value $11,281,442 Tax Amount $173,360.39 Change Rate +0.06489% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $12,428,159 Land Value $1,146,717 Improvement Value $11,281,442 Tax Amount $162,796.45 Change Rate +0.023439% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $12,428,159 Land Value $1,146,717 Improvement Value $11,281,442 Tax Amount $159,068 Change Rate +0.00471% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $12,428,159 Land Value $1,146,717 Improvement Value $11,281,442 Tax Amount $158,322.31 Change Rate +0.024118% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $12,428,159 Land Value $1,146,717 Improvement Value $11,281,442 Tax Amount $154,593.86 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $14,733,690 Land Value $1,528,956 Improvement Value $13,204,734 Tax Amount $154,593.86 Change Rate +0.166695% Assessed CR Tax Rate +0.010493%
Year 2018 Assessed Value $9,768,215 Land Value $1,176,120 Improvement Value $8,592,095 Tax Amount $132,505.84 Change Rate Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $13,939,469 Land Value $1,176,120 Improvement Value $12,763,349 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $7,065,975 Land Value $1,176,120 Improvement Value $5,889,855 Tax Amount $104,881.36 Change Rate +17.707369% Assessed CR Tax Rate +0.014843%
Year 2015 Assessed Value $405,000 Land Value $405,000 Improvement Value Tax Amount $5,606.42 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $409,200 Land Value $409,200 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate