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505 E Cornwallis Rd; Durham, NC Property Details

505 E Cornwallis Rd, Durham, NC is a Single Family that was built in 1957. This property is currently Financed and is not for sale. Our records show that 505 E Cornwallis Rd has 3 bedrooms, and 1.5 bathrooms, and a total of 1,861 square feet. The lot size of 505 E Cornwallis Rd is 14,375 square feet.

Off market
505 W Cornwallis Rd Durham, NC 27707
$243,000 Listing Price
3 Beds
1.5 Baths
1,861 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1957
  • Purchase Price: $330,000
  • Open Loans / Balance: 1 / $293,866
  • Est. Equity / %: $267,134 / 47.62%
  • Gross Yield: 5.373%
  • APN: 121289
  • Situs County: Durham
  • Length Of Ownership: 6 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 1,861/SqFt
  • Lot: 14,375/SqFt
  • Living: 1,861/SqFt
  • Basement: 1,484/SqFt
  • Building: 1,861/SqFt
  • Ground: 1,718/SqFt
  • Basement Unfinished: 1,484/SqFt
  • Price Per Square Foot: $177.32

Legal Description

  • Description: PROP-HARRIS/WRIGHT/MASON/ BLK:I/LT#06 PL:000015-000087
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: 35.970177 / -78.92797
  • Subdivision: Prop-Harris/Wright/Mason
  • Property Class: Residential
  • Zoning: RS-10
  • County Use Code: 111

Amenities

  • Plus Four: 2811
  • Bathroom Fixtures: 7
  • Cooling: Yes
  • Heating: Yes

Ownership Info

505 W Cornwallis Rd has no associated ownership info
505 W Cornwallis Rd has no associated ownership info.

Taxes

505 W Cornwallis Rd has 10 associated Taxes items

505 E Cornwallis 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 $452,169. The APN we've located for 505 E Cornwallis Rd is 121289.

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Taxes
  • Assessed Value:  $452,169
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  121289
  • Assessed Land Value:  232750
  • Market Land Value:  232750
  • Tax Amount:  4482.35
  • Tax Year:  2025
  • Market Value:  452169
  • Market Year:  2025

Tax History

505 W Cornwallis Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $452,169 Land Value $232,750 Improvement Value $219,419 Tax Amount $4,482.35 Change Rate +0.119446% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $287,052 Land Value $76,705 Improvement Value $210,347 Tax Amount $4,004.08 Change Rate +0.064887% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $287,052 Land Value $76,705 Improvement Value $210,347 Tax Amount $3,760.1 Change Rate +0.023441% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $287,052 Land Value $76,705 Improvement Value $210,347 Tax Amount $3,673.98 Change Rate +0.004709% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $287,052 Land Value $76,705 Improvement Value $210,347 Tax Amount $3,656.76 Change Rate +0.024119% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $287,052 Land Value $76,705 Improvement Value $210,347 Tax Amount $3,570.64 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $287,052 Land Value $76,705 Improvement Value $210,347 Tax Amount $3,570.64 Change Rate +0.191783% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $220,866 Land Value $46,690 Improvement Value $174,176 Tax Amount $2,996.05 Change Rate +0.007428% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $220,866 Land Value $46,690 Improvement Value $174,176 Tax Amount $2,973.96 Change Rate +0.034892% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $220,866 Land Value $46,690 Improvement Value $174,176 Tax Amount $2,873.69 Change Rate +0.040464% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $199,518 Land Value $38,674 Improvement Value $160,844 Tax Amount $2,761.93 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $199,518 Land Value $38,674 Improvement Value $160,844 Tax Amount $2,761.93 Change Rate Assessed CR Tax Rate +0.013843%