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502 Canal St; Durham, NC Property Details

502 Canal St, Durham, NC is a Apt House 5+ Units that was built in 1939. This property is currently Financed and is for sale. Our records show that 502 Canal St has 3 bedrooms, and 2 bathrooms, and a total of 2,520 square feet. The lot size of 502 Canal St is 18,731 square feet.

On Market for 12 days
502 Canal St Durham, NC 27701
$299,000 Listing Price
3 Beds
2 Baths
2,520 SqFt
Property Type
Apt House 5+ Units
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Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1939
  • Purchase Price: $100,000
  • Open Loans: 1
  • Inv. Liens / Amount: 1 / $435
  • APN: 110657
  • Situs County: Durham
  • Length Of Ownership: 10 years, 8 months

Rooms

  • Bedrooms: 3
  • 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: 2,520/SqFt
  • Lot: 18,731/SqFt
  • Living: 2,520/SqFt
  • Building: 2,520/SqFt
  • Ground: 1,260/SqFt
  • Price Per Square Foot: $39.68

Legal Description

  • Description: PROP-BRADFORD JAMES M-EST HER HOLMAN/TR#01 PL:000133-000093
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.99827 / -78.891716
  • Subdivision: E C Belvis Survey
  • Property Class: Residential
  • Zoning: RS-M
  • County Use Code: 180

Amenities

  • Plus Four: 2599
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Heating: Yes

Ownership Info

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

Taxes

502 Canal St has 10 associated Taxes items

502 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 $525,734. The APN we've located for 502 Canal St is 110657.

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Taxes
  • Assessed Value:  $525,734
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  110657
  • Assessed Land Value:  250250
  • Market Land Value:  250250
  • Tax Amount:  5211.6
  • Tax Year:  2025
  • Market Value:  525734
  • Market Year:  2025

Tax History

502 Canal St has 12 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $525,734 Land Value $250,250 Improvement Value $275,484 Tax Amount $5,211.6 Change Rate +0.10135% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $339,236 Land Value $100,380 Improvement Value $238,856 Tax Amount $4,732.01 Change Rate +0.06489% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $339,236 Land Value $100,380 Improvement Value $238,856 Tax Amount $4,443.66 Change Rate +0.023441% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $339,236 Land Value $100,380 Improvement Value $238,856 Tax Amount $4,341.88 Change Rate +0.004709% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $339,236 Land Value $100,380 Improvement Value $238,856 Tax Amount $4,321.53 Change Rate +0.024117% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $339,236 Land Value $100,380 Improvement Value $238,856 Tax Amount $4,219.76 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $339,236 Land Value $100,380 Improvement Value $238,856 Tax Amount $4,219.76 Change Rate +0.779746% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $174,787 Land Value $46,605 Improvement Value $128,182 Tax Amount $2,370.99 Change Rate +0.007427% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $174,787 Land Value $46,605 Improvement Value $128,182 Tax Amount $2,353.51 Change Rate +0.034897% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $290,901 Land Value $46,605 Improvement Value $244,296 Tax Amount $2,274.15 Change Rate +0.285194% Assessed CR Tax Rate +0.007818%
Year 2015 Assessed Value $127,826 Land Value $19,752 Improvement Value $108,074 Tax Amount $1,769.5 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $127,826 Land Value $19,752 Improvement Value $108,074 Tax Amount $1,769.5 Change Rate Assessed CR Tax Rate +0.013843%
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