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407 Canal St; Durham, NC Property Details

407 Canal St, 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 407 Canal St has 2 bedrooms, and 2 bathrooms, and a total of 1,372 square feet. The lot size of 407 Canal St is 5,663 square feet.

Off market
407 Canal St Durham, NC 27701
$243,128 Estimated Value
2 Beds
2 Baths
1,372 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1925
  • Purchase Price: $7,250
  • Est. Equity / %: $305,000 / 100%
  • APN: 110268
  • Situs County: Durham
  • Length Of Ownership: 14 years, 5 months

Rooms

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

Structure

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

Measurements

  • Total: 1,372/SqFt
  • Lot: 5,663/SqFt
  • Living: 1,372/SqFt
  • Building: 1,372/SqFt
  • Ground: 1,372/SqFt
  • Price Per Square Foot: $5.28

Legal Description

  • Description: PROP-SMITH LIZZIE O/PROP- NORTHEAST LAND CO/LT#13 PL:000002-000131
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: 35.99877 / -78.89267
  • Subdivision: Prop-Smith Lizzie O
  • Property Class: Residential
  • Zoning: RU-M
  • County Use Code: 112

Amenities

  • Plus Four: 2423
  • Bathroom Fixtures: 8
  • Heating: None

HOA

  • H O A One: $255
  • H O A Amount: $255
  • H O A One Frequency: Monthly
  • H O A One Name: 404 Gray Avenue Condo
  • H O A One Type: Condo  Owner Association

Ownership Info

407 Canal St has no associated ownership info
407 Canal St has no associated ownership info.

Taxes

407 Canal St has 10 associated Taxes items

407 Canal 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 $243,128. The APN we've located for 407 Canal St is 110268.

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Taxes
  • Assessed Value:  $243,128
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  110268
  • Assessed Land Value:  177975
  • Market Land Value:  177975
  • Tax Amount:  2410.13
  • Tax Year:  2025
  • Market Value:  243128
  • Market Year:  2025

Tax History

407 Canal St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $243,128 Land Value $177,975 Improvement Value $65,153 Tax Amount $2,410.13 Change Rate +0.785506% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $96,769 Land Value $71,064 Improvement Value $25,705 Tax Amount $1,349.83 Change Rate +0.064896% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $96,769 Land Value $71,064 Improvement Value $25,705 Tax Amount $1,267.57 Change Rate +0.023431% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $96,769 Land Value $71,064 Improvement Value $25,705 Tax Amount $1,238.55 Change Rate +0.004713% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $96,769 Land Value $71,064 Improvement Value $25,705 Tax Amount $1,232.74 Change Rate -0.507117% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $201,068 Land Value $78,960 Improvement Value $122,108 Tax Amount $2,501.08 Change Rate -0.000004% Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $201,068 Land Value $78,960 Improvement Value $122,108 Tax Amount $2,501.09 Change Rate +0.04193% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $176,958 Land Value $36,660 Improvement Value $140,298 Tax Amount $2,400.44 Change Rate +0.007428% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $176,958 Land Value $36,660 Improvement Value $140,298 Tax Amount $2,382.74 Change Rate +0.034894% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $176,958 Land Value $36,660 Improvement Value $140,298 Tax Amount $2,302.4 Change Rate +1.617524% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $63,542 Land Value $15,152 Improvement Value $48,390 Tax Amount $879.61 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $63,542 Land Value $15,152 Improvement Value $48,390 Tax Amount $879.61 Change Rate Assessed CR Tax Rate +0.013843%