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503 Wellwater Ave; Durham, NC Property Details

503 Wellwater Ave, Durham, NC is a Single Family that was built in 2019. This property is currently Financed,New Construction and is not for sale. Our records show that 503 Wellwater Ave has 4 bedrooms, and 3 bathrooms, and a total of 2,585 square feet. The lot size of 503 Wellwater Ave is 6,970 square feet.

Off market
503 Wellwater Ave Durham, NC 27703
$521,784 Estimated Value
4 Beds
3 Baths
2,585 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2019
  • Purchase Price: $318,000
  • Open Loans / Balance: 1 / $262,155
  • Est. Equity / %: $221,845 / 45.84%
  • Gross Yield: 6.96%
  • APN: 219942
  • Situs County: Durham
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Stories: 1

Measurements

  • Total: 2,585/SqFt
  • Lot: 6,970/SqFt
  • Living: 2,585/SqFt
  • Building: 2,585/SqFt
  • Price Per Square Foot: $123.02

Legal Description

  • Description: SHERRON ROAD TRACT/PH:03/ LT#047 PL:000196-000018
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: 35.966053 / -78.7934
  • Subdivision: Sherron Rd Tract
  • Property Class: Residential
  • Zoning: RR
  • County Use Code: 111

Amenities

  • Plus Four: 9987
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes

HOA

  • H O A One: $50
  • H O A Amount: $50
  • H O A One Frequency: Monthly
  • H O A One Name: Sherron Farms Homeowners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

503 Wellwater Ave has no associated ownership info
503 Wellwater Ave has no associated ownership info.

Taxes

503 Wellwater Ave has 10 associated Taxes items

503 Wellwater Ave, Durham, NC pays taxes in Durham County, NC. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $521,784. The APN we've located for 503 Wellwater Ave is 219942.

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Taxes
  • Assessed Value:  $521,784
  • Assessed Year:  2026
  • Assessed County:  Durham
  • APN:  219942
  • Assessed Land Value:  101500
  • Market Land Value:  101500
  • Tax Amount:  5172.45
  • Tax Year:  2025
  • Market Value:  521784
  • Market Year:  2026

Tax History

503 Wellwater Ave has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $521,784 Land Value $101,500 Improvement Value $420,284 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,172.45 Change Rate +0.238204% Assessed CR Tax Rate
Year 2024 Assessed Value $299,475 Land Value $52,245 Improvement Value $247,230 Tax Amount $4,177.38 Change Rate +0.064892% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $299,475 Land Value $52,245 Improvement Value $247,230 Tax Amount $3,922.82 Change Rate +0.023439% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $299,475 Land Value $52,245 Improvement Value $247,230 Tax Amount $3,832.98 Change Rate +0.00471% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $299,475 Land Value $52,245 Improvement Value $247,230 Tax Amount $3,815.01 Change Rate +0.024117% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $299,475 Land Value $52,245 Improvement Value $247,230 Tax Amount $3,725.17 Change Rate +125.1914% Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $52,245 Land Value $52,245 Improvement Value Tax Amount $29.52 Change Rate -0.96% Assessed CR Tax Rate +0.000565%
Year 2018 Assessed Value $54,405 Land Value $54,405 Improvement Value Tax Amount $738 Change Rate +9.62788% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $54,405 Land Value $54,405 Improvement Value Tax Amount $69.44 Change Rate Assessed CR Tax Rate +0.001276%