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502 Rigsbee Ave; Durham, NC Property Details

502 Rigsbee Ave, Durham, NC is a Retail Stores that was built in 1945. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 502 Rigsbee Ave has a total of 12,500 square feet. The lot size of 502 Rigsbee Ave is 7,841 square feet.

Off market
502 Rigsbee Ave Durham, NC 27701
$3,155 Listing Price
12,500 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1945
  • Purchase Price: $4,300,000
  • APN: 104943
  • Situs County: Durham
  • Length Of Ownership: 2 years, 2 months

Structure

  • Building Style: Masonry
  • Stories: 2
  • Exterior Wall Type: Brick veneer
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 12,500/SqFt
  • Lot: 7,841/SqFt
  • Living: 12,500/SqFt
  • Building: 12,500/SqFt
  • Ground: 6,250/SqFt
  • Price Per Square Foot: $344.00

Legal Description

  • Description: PROP-CLEARSENSE PROPERTIES LLC PL:000000-000000
Building Insights

Land Information

  • Property Type: Retail Stores
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 36.000153 / -78.8996
  • Property Class: Commercial
  • Zoning: DD-S1
  • County Use Code: 450

Amenities

  • Plus Four: 2474
  • Cooling: Yes
  • Heating: Yes

Ownership Info

502 Rigsbee Ave has no associated ownership info
502 Rigsbee Ave has no associated ownership info.

Taxes

502 Rigsbee Ave has 10 associated Taxes items

502 Rigsbee Ave, 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 $3,327,873. The APN we've located for 502 Rigsbee Ave is 104943.

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Taxes
  • Assessed Value:  $3,327,873
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  104943
  • Assessed Land Value:  1528534
  • Market Land Value:  1528534
  • Tax Amount:  39921.38
  • Tax Year:  2024
  • Market Value:  3327873
  • Market Year:  2025

Tax History

502 Rigsbee Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $3,327,873 Land Value $1,528,534 Improvement Value $1,799,339 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $39,921.38 Change Rate +0.308151% Assessed CR Tax Rate
Year 2023 Assessed Value $2,120,271 Land Value $429,066 Improvement Value $1,691,205 Tax Amount $30,517.42 Change Rate +0.989182% Assessed CR Tax Rate +0.014393%
Year 2022 Assessed Value $2,120,271 Land Value $429,066 Improvement Value $1,691,205 Tax Amount $15,341.69 Change Rate -0.461588% Assessed CR Tax Rate +0.007236%
Year 2021 Assessed Value $2,120,271 Land Value $429,066 Improvement Value $1,691,205 Tax Amount $28,494.32 Change Rate +0.022833% Assessed CR Tax Rate +0.013439%
Year 2020 Assessed Value $2,120,271 Land Value $429,066 Improvement Value $1,691,205 Tax Amount $27,858.24 Change Rate +0.331789% Assessed CR Tax Rate +0.013139%
Year 2019 Assessed Value $2,120,271 Land Value $429,066 Improvement Value $1,691,205 Tax Amount $20,917.91 Change Rate -0.133123% Assessed CR Tax Rate +0.009866%
Year 2018 Assessed Value $1,778,857 Land Value $214,533 Improvement Value $1,564,324 Tax Amount $24,130.2 Change Rate -0.042358% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $1,778,857 Land Value $214,533 Improvement Value $1,564,324 Tax Amount $25,197.51 Change Rate +0.033112% Assessed CR Tax Rate +0.014165%
Year 2016 Assessed Value $1,778,857 Land Value $214,533 Improvement Value $1,564,324 Tax Amount $24,389.91 Change Rate +0.361789% Assessed CR Tax Rate +0.013711%
Year 2015 Assessed Value $1,231,534 Land Value $61,487 Improvement Value $1,170,047 Tax Amount $17,910.2 Change Rate +0.000001% Assessed CR Tax Rate +0.014543%
Year 2014 Assessed Value $1,231,534 Land Value $61,487 Improvement Value $1,170,047 Tax Amount $17,910.19 Change Rate Assessed CR Tax Rate +0.014543%