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501 N Driver St; Durham, NC Property Details

501 N Driver St, Durham, NC is a Single Family that was built in 1922. This property is currently Financed,Bank Sale and is not for sale. Our records show that 501 N Driver St has 4 bedrooms, and 2.5 bathrooms, and a total of 3,381 square feet. The lot size of 501 N Driver St is 12,632 square feet.

Off market
503 N Driver St Durham, NC 27703
$199,999 Listing Price
4 Beds
2.5 Baths
3,381 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1922
  • Purchase Price: $86,000
  • Est. Equity / %: $614,000 / 100%
  • Gross Yield: 6.121%
  • APN: 112769
  • Situs County: Durham
  • Length Of Ownership: 15 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • 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: 3,381/SqFt
  • Lot: 12,632/SqFt
  • Living: 3,381/SqFt
  • Building: 3,381/SqFt
  • Ground: 2,132/SqFt
  • Price Per Square Foot: $25.44

Legal Description

  • Description: PROP-WRIGHT R H/LT#01-02 EAST DURHAM/HD PL:00003B-000149
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.990585 / -78.87885
  • Subdivision: Prop-Wright R H
  • Property Class: Residential
  • Zoning: RU-5(2)
  • County Use Code: 111

Amenities

  • Plus Four: 2005
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Yes

Ownership Info

503 N Driver St has no associated ownership info
503 N Driver St has no associated ownership info.

Taxes

503 N Driver St has 10 associated Taxes items

501 N Driver 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 $557,685. The APN we've located for 501 N Driver St is 112769.

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Taxes
  • Assessed Value:  $557,685
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  112769
  • Assessed Land Value:  116100
  • Market Land Value:  116100
  • Tax Amount:  2500
  • Tax Year:  2025
  • Market Value:  557685
  • Market Year:  2025

Tax History

503 N Driver St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $557,685 Land Value $116,100 Improvement Value $441,585 Tax Amount $2,500 Change Rate -0.547784% Assessed CR Tax Rate +0.004483%
Year 2024 Assessed Value $489,187 Land Value $29,002 Improvement Value $460,185 Tax Amount $5,528.33 Change Rate -0.18983% Assessed CR Tax Rate +0.011301%
Year 2023 Assessed Value $489,187 Land Value $29,002 Improvement Value $460,185 Tax Amount $6,823.67 Change Rate +0.601383% Assessed CR Tax Rate +0.013949%
Year 2022 Assessed Value $489,187 Land Value $29,002 Improvement Value $460,185 Tax Amount $4,261.11 Change Rate -0.316226% Assessed CR Tax Rate +0.008711%
Year 2021 Assessed Value $475,323 Land Value $29,002 Improvement Value $446,321 Tax Amount $6,231.75 Change Rate +0.053989% Assessed CR Tax Rate +0.013111%
Year 2020 Assessed Value $475,323 Land Value $29,002 Improvement Value $446,321 Tax Amount $5,912.54 Change Rate +0.346495% Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $489,399 Land Value $29,002 Improvement Value $460,397 Tax Amount $4,391.06 Change Rate +0.488429% Assessed CR Tax Rate +0.008972%
Year 2018 Assessed Value $217,481 Land Value $16,112 Improvement Value $201,369 Tax Amount $2,950.13 Change Rate +0.690793% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $129,582 Land Value $16,112 Improvement Value $113,470 Tax Amount $1,744.82 Change Rate +0.046601% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $128,133 Land Value $16,112 Improvement Value $112,021 Tax Amount $1,667.13 Change Rate -0.246645% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $159,860 Land Value $14,170 Improvement Value $145,690 Tax Amount $2,212.94 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $159,860 Land Value $14,170 Improvement Value $145,690 Tax Amount $2,212.94 Change Rate Assessed CR Tax Rate +0.013843%