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505 Gray Ave; Durham, NC Property Details

505 Gray Ave, Durham, NC is a Residential Vacant Land. This property is currently a cash purchase and is not for sale. The lot size of 505 Gray Ave is 3,049 square feet.

Off market
505 Gray Ave Durham, NC 27701
$75,000 Listing Price
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $75,000
  • Est. Equity / %: $322,000 / 100%
  • APN: 110886
  • Situs County: Durham
  • Length Of Ownership: 1 year, 3 months

Structure

  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Lot: 3,049/SqFt

Legal Description

  • Description: PROP-UNION BAPTIST CHURCH/LT#02 PL:000033-000146
Building Insights

Land Information

  • Property Type: Residential Vacant Land
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.999397 / -78.88999
  • Subdivision: Property Of Union Baptist Church
  • Property Class: Vacant
  • Zoning: RU-5(2)
  • County Use Code: 311

Amenities

  • Plus Four: 2517

Ownership Info

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

Taxes

505 Gray Ave has 10 associated Taxes items

505 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 $187,250. The APN we've located for 505 Gray Ave is 110886.

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Taxes
  • Assessed Value:  $187,250
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  110886
  • Assessed Land Value:  187250
  • Market Land Value:  187250
  • Tax Amount:  1856.21
  • Tax Year:  2025
  • Market Value:  187250
  • Market Year:  2025

Tax History

505 Gray Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $187,250 Land Value $187,250 Improvement Value Tax Amount $1,856.21 Change Rate +0.786673% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $74,480 Land Value $74,480 Improvement Value Tax Amount $1,038.92 Change Rate +0.064893% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $74,480 Land Value $74,480 Improvement Value Tax Amount $975.61 Change Rate +0.023435% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $74,480 Land Value $74,480 Improvement Value Tax Amount $953.27 Change Rate +0.004701% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $74,480 Land Value $74,480 Improvement Value Tax Amount $948.81 Change Rate +0.024124% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $74,480 Land Value $74,480 Improvement Value Tax Amount $926.46 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $74,480 Land Value $74,480 Improvement Value Tax Amount $926.46 Change Rate +0.975058% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $34,580 Land Value $34,580 Improvement Value Tax Amount $469.08 Change Rate +0.007431% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $34,580 Land Value $34,580 Improvement Value Tax Amount $465.62 Change Rate +0.034895% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $34,580 Land Value $34,580 Improvement Value Tax Amount $449.92 Change Rate +1.657688% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $12,230 Land Value $12,230 Improvement Value Tax Amount $169.29 Change Rate -0.000059% Assessed CR Tax Rate +0.013842%
Year 2014 Assessed Value $12,230 Land Value $12,230 Improvement Value Tax Amount $169.3 Change Rate Assessed CR Tax Rate +0.013843%