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502 Spruce St; Durham, NC Property Details

502 Spruce St, Durham, NC is a Single Family that was built in 2024. This property is currently Financed and is not for sale. Our records show that 502 Spruce St has 3 bedrooms, and 2.5 bathrooms, and a total of 1,234 square feet. The lot size of 502 Spruce St is 2,178 square feet.

Off market
502 Spruce St Durham, NC 27703
$400,000 Listing Price
3 Beds
2.5 Baths
1,234 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2024
  • Purchase Price: $400,000
  • Open Loans / Balance: 1 / $313,417
  • Est. Equity / %: $59,583 / 15.97%
  • Gross Yield: 6.904%
  • APN: 235307
  • Situs County: Durham
  • Length Of Ownership: 2 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Measurements

  • Total: 1,234/SqFt
  • Lot: 2,178/SqFt
  • Living: 1,234/SqFt
  • Building: 1,234/SqFt
  • Price Per Square Foot: $324.15

Legal Description

  • Description: PROP-1801 SOUTHGATE ST/LT#2 PL:209-165
Building Insights

Land Information

  • Property Type: Single Family
  • School District: Durham Public Schools
  • Lat / Lon: 35.990585 / -78.87977
  • Property Class: Residential
  • Zoning: RU-5(2)
  • County Use Code: 111

Amenities

  • Plus Four: 2038

Ownership Info

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

Taxes

502 Spruce St has 10 associated Taxes items

502 Spruce 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 $382,460. The APN we've located for 502 Spruce St is 235307.

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Taxes
  • Assessed Value:  $382,460
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  235307
  • Assessed Land Value:  94500
  • Market Land Value:  94500
  • Tax Amount:  3791.32
  • Tax Year:  2025
  • Market Value:  382460
  • Market Year:  2025

Tax History

502 Spruce St has 3 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $382,460 Land Value $94,500 Improvement Value $287,960 Tax Amount $3,791.32 Change Rate +0.34921% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $201,450 Land Value $23,625 Improvement Value $177,825 Tax Amount $2,810.03 Change Rate Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $2,810.03 Change Rate Assessed CR Tax Rate