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5 Preakness Dr; Durham, NC Property Details

5 Preakness Dr, Durham, NC is a Townhouse that was built in 1991. This property is currently Financed and is not for sale. Our records show that 5 Preakness Dr has 3 bedrooms, and 3.5 bathrooms, and a total of 2,671 square feet. The lot size of 5 Preakness Dr is 2,178 square feet.

Off market
5 Preakness Dr Durham, NC 27713
$425,000 Listing Price
3 Beds
3.5 Baths
2,671 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1991
  • Purchase Price: $425,000
  • Open Loans / Balance: 1 / $332,169
  • Est. Equity / %: $86,831 / 20.72%
  • Gross Yield: 6.263%
  • APN: 144916
  • Situs County: Durham
  • Length Of Ownership: 2 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,671/SqFt
  • Lot: 2,178/SqFt
  • Living: 2,671/SqFt
  • Basement: 864/SqFt
  • Building: 2,671/SqFt
  • Ground: 1,782/SqFt
  • Basement Unfinished: 864/SqFt
  • Price Per Square Foot: $159.12

Legal Description

  • Description: REVERES RUN TWNHMS/LT#33 TYPE-18/BY/FY/GY PL:000125-000163
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.9272 / -78.93359
  • Subdivision: Wdcrft/Reveres Run Tw
  • Property Class: Residential
  • Zoning: PDR 3.650
  • County Use Code: 122

Amenities

  • Plus Four: 9105
  • Bathroom Fixtures: 13
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Yes

HOA

  • H O A One: $255
  • H O A Amount: $255
  • H O A One Frequency: Monthly
  • H O A One Name: Reveres Run Townhome Associa- J Lamont Mayes
  • H O A One Type: Condo  Owner Association

Ownership Info

5 Preakness Dr has no associated ownership info
5 Preakness Dr has no associated ownership info.

Taxes

5 Preakness Dr has 10 associated Taxes items

5 Preakness Dr, 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 $453,625. The APN we've located for 5 Preakness Dr is 144916.

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Taxes
  • Assessed Value:  $453,625
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  144916
  • Assessed Land Value:  75000
  • Market Land Value:  75000
  • Tax Amount:  4496.78
  • Tax Year:  2025
  • Market Value:  453625
  • Market Year:  2025

Tax History

5 Preakness Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $453,625 Land Value $75,000 Improvement Value $378,625 Tax Amount $4,496.78 Change Rate +0.424267% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $226,343 Land Value $30,000 Improvement Value $196,343 Tax Amount $3,157.26 Change Rate +0.064893% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $226,343 Land Value $30,000 Improvement Value $196,343 Tax Amount $2,964.86 Change Rate +0.023438% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $226,343 Land Value $30,000 Improvement Value $196,343 Tax Amount $2,896.96 Change Rate +0.00471% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $226,343 Land Value $30,000 Improvement Value $196,343 Tax Amount $2,883.38 Change Rate +0.024117% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $226,343 Land Value $30,000 Improvement Value $196,343 Tax Amount $2,815.48 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $226,343 Land Value $30,000 Improvement Value $196,343 Tax Amount $2,815.48 Change Rate +0.031364% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $201,243 Land Value $33,000 Improvement Value $168,243 Tax Amount $2,729.86 Change Rate +0.007425% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $201,243 Land Value $33,000 Improvement Value $168,243 Tax Amount $2,709.74 Change Rate +0.034896% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $201,243 Land Value $33,000 Improvement Value $168,243 Tax Amount $2,618.37 Change Rate -0.104956% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $211,328 Land Value $33,600 Improvement Value $177,728 Tax Amount $2,925.41 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $211,328 Land Value $33,600 Improvement Value $177,728 Tax Amount $2,925.41 Change Rate Assessed CR Tax Rate +0.013843%