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504 Gray Ave; Durham, NC Property Details

504 Gray Ave, Durham, NC is a Single Family that was built in 1934. This property is currently a cash purchase and is not for sale. Our records show that 504 Gray Ave has 3 bedrooms, and 1 bathroom, and a total of 1,364 square feet. The lot size of 504 Gray Ave is 6,534 square feet.

Off market
504 Gray Ave Durham, NC 27701
$15,000 Listing Price
3 Beds
1 Baths
1,364 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1934
  • Purchase Price: $15,000
  • Est. Equity / %: $339,000 / 100%
  • Gross Yield: 6.322%
  • APN: 110628
  • Situs County: Durham
  • Length Of Ownership: 12 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Stories: 1
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 1,364/SqFt
  • Lot: 6,534/SqFt
  • Living: 1,364/SqFt
  • Building: 1,364/SqFt
  • Ground: 1,384/SqFt
  • Price Per Square Foot: $11.00

Legal Description

  • Description: PROP-SUITT THOMAS H PL:000000-000000
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: 35.999004 / -78.89023
  • Property Class: Residential
  • Zoning: RU-5(2)
  • County Use Code: 111

Amenities

  • Plus Four: 2518
  • Bathroom Fixtures: 5
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Yes

Ownership Info

504 Gray Ave has no associated ownership info
504 Gray Ave has no associated ownership info.

Taxes

504 Gray Ave has 10 associated Taxes items

504 Gray 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 $279,878. The APN we've located for 504 Gray Ave is 110628.

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Taxes
  • Assessed Value:  $279,878
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  110628
  • Assessed Land Value:  201250
  • Market Land Value:  201250
  • Tax Amount:  2774.44
  • Tax Year:  2025
  • Market Value:  279878
  • Market Year:  2025

Tax History

504 Gray Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $279,878 Land Value $201,250 Improvement Value $78,628 Tax Amount $2,774.44 Change Rate +0.616769% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $123,022 Land Value $80,780 Improvement Value $42,242 Tax Amount $1,716.04 Change Rate +0.064891% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $123,022 Land Value $80,780 Improvement Value $42,242 Tax Amount $1,611.47 Change Rate +0.023448% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $123,022 Land Value $80,780 Improvement Value $42,242 Tax Amount $1,574.55 Change Rate +0.686283% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $123,022 Land Value $80,780 Improvement Value $42,242 Tax Amount $933.74 Change Rate -0.38982% Assessed CR Tax Rate +0.00759%
Year 2020 Assessed Value $123,022 Land Value $80,780 Improvement Value $42,242 Tax Amount $1,530.27 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $123,022 Land Value $80,780 Improvement Value $42,242 Tax Amount $1,530.27 Change Rate +0.384384% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $81,488 Land Value $37,505 Improvement Value $43,983 Tax Amount $1,105.38 Change Rate +0.007428% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $81,488 Land Value $37,505 Improvement Value $43,983 Tax Amount $1,097.23 Change Rate +0.034898% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $81,488 Land Value $37,505 Improvement Value $43,983 Tax Amount $1,060.23 Change Rate -0.004152% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $76,909 Land Value $15,892 Improvement Value $61,017 Tax Amount $1,064.65 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $76,909 Land Value $15,892 Improvement Value $61,017 Tax Amount $1,064.65 Change Rate Assessed CR Tax Rate +0.013843%