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5023 Wake Forest Rd; Durham, NC Property Details

5023 Wake Forest Rd, Durham, NC is a Apt House 5+ Units that was built in 1973. This property is currently a cash purchase and is not for sale. Our records show that 5023 Wake Forest Rd has a total of 8,000 square feet. The lot size of 5023 Wake Forest Rd is 39,640 square feet.

Off market
5021 Wake Forest Rd Durham, NC 27703
$1,237,497 Estimated Value
8,000 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1973
  • Purchase Price: $4,400,000
  • APN: 166336
  • Situs County: Durham
  • Length Of Ownership: 2 years, 1 months

Structure

  • Stories: 1
  • Water Source: Yes

Measurements

  • Total: 8,000/SqFt
  • Lot: 39,640/SqFt
  • Living: 8,000/SqFt
  • Building: 8,000/SqFt
  • Price Per Square Foot: $550.00

Legal Description

  • Description: PROP-109 STALLINGS RD PL:210-235
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: 35.977077 / -78.79343
  • Subdivision: Property Of Lalon L Barnes Jr
  • Property Class: Residential
  • Zoning: CN
  • County Use Code: 485

Amenities

  • Plus Four: 3763
  • Cooling: Yes
  • Heating: Yes

Ownership Info

5021 Wake Forest Rd has no associated ownership info
5021 Wake Forest Rd has no associated ownership info.

Taxes

5021 Wake Forest Rd has 10 associated Taxes items

5023 Wake Forest Rd, 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 $1,237,497. The APN we've located for 5023 Wake Forest Rd is 166336.

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Taxes
  • Assessed Value:  $1,237,497
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  166336
  • Assessed Land Value:  650650
  • Market Land Value:  650650
  • Tax Amount:  8652.1
  • Tax Year:  2025
  • Market Value:  1237497
  • Market Year:  2025

Tax History

5021 Wake Forest Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,237,497 Land Value $650,650 Improvement Value $586,847 Tax Amount $8,652.1 Change Rate +0.140045% Assessed CR Tax Rate +0.006992%
Year 2024 Assessed Value $748,359 Land Value $338,250 Improvement Value $410,109 Tax Amount $7,589.26 Change Rate +0.05034% Assessed CR Tax Rate +0.010141%
Year 2023 Assessed Value $748,359 Land Value $338,250 Improvement Value $410,109 Tax Amount $7,225.53 Change Rate +0.039965% Assessed CR Tax Rate +0.009655%
Year 2022 Assessed Value $748,359 Land Value $338,250 Improvement Value $410,109 Tax Amount $6,947.86 Change Rate +0.02842% Assessed CR Tax Rate +0.009284%
Year 2021 Assessed Value $748,359 Land Value $338,250 Improvement Value $410,109 Tax Amount $6,755.86 Change Rate +0.022656% Assessed CR Tax Rate +0.009028%
Year 2020 Assessed Value $748,359 Land Value $338,250 Improvement Value $410,109 Tax Amount $6,606.19 Change Rate +0.463525% Assessed CR Tax Rate +0.008828%
Year 2019 Assessed Value $748,359 Land Value $338,250 Improvement Value $410,109 Tax Amount $4,513.89 Change Rate -0.38086% Assessed CR Tax Rate +0.006032%
Year 2018 Assessed Value $739,485 Land Value $490,594 Improvement Value $248,891 Tax Amount $7,290.58 Change Rate +0.104029% Assessed CR Tax Rate +0.009859%
Year 2017 Assessed Value $739,485 Land Value $490,594 Improvement Value $248,891 Tax Amount $6,603.61 Change Rate +0.031774% Assessed CR Tax Rate +0.00893%
Year 2016 Assessed Value $41,916 Land Value $41,916 Improvement Value Tax Amount $6,400.25 Change Rate +12.967636% Assessed CR Tax Rate +0.152692%
Year 2015 Assessed Value $33,101 Land Value $33,101 Improvement Value Tax Amount $458.22 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $33,101 Land Value $33,101 Improvement Value Tax Amount $458.22 Change Rate Assessed CR Tax Rate +0.013843%