Taxes
- Assessed Value: $276,628
- Assessed Year: 2025
- Assessed County: Durham
- APN: 112770
- Assessed Land Value: 108000
- Market Land Value: 108000
- Tax Amount: 2742.21
- Tax Year: 2025
- Market Value: 276628
- Market Year: 2025
505 N Driver St; Durham, NC Property Details
Off market
505 N Driver St Durham, NC 27703
$276,628 Estimated Value
2 Beds
1 Baths
1,176 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1935
- Purchase Price: $62,000
- Open Loans / Balance: 2 / $89,912
- Est. Equity / %: $190,088 / 67.89%
- Gross Yield: 6.767%
- APN: 112770
- Situs County: Durham
- Length Of Ownership: 17 years, 8 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 3
Structure
- Building Style: Wood
- Stories: 1
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Yes
Measurements
- Total: 1,176/SqFt
- Lot: 8,712/SqFt
- Living: 1,176/SqFt
- Building: 1,176/SqFt
- Ground: 1,176/SqFt
- Price Per Square Foot: $52.72
Legal Description
- Description: PROP-WRIGHT R H/LT#03 EAST DURHAM/HD PL:00003B-000149
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: 35.990788 / -78.878944
- Subdivision: Prop-Wright R H
- Property Class: Residential
- Zoning: RU-5(2)
- County Use Code: 111
Amenities
- Plus Four: 2005
- Bathroom Fixtures: 5
- Fireplaces: 1
- Heating: Forced air unit
Ownership Info
505 N Driver St has no associated ownership info
505 N Driver St has no associated ownership info.
Taxes
505 N Driver St has 10 associated Taxes items
505 N Driver St, 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 $276,628. The APN we've located for 505 N Driver St is 112770.
Unlock the full reportTax History
505 N Driver St has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $276,628 | Land Value $108,000 | Improvement Value $168,628 | Tax Amount $2,742.21 | Change Rate -0.00864% | Assessed CR | Tax Rate +0.009913% |
| Year 2024 | Assessed Value $198,302 | Land Value $27,022 | Improvement Value $171,280 | Tax Amount $2,766.11 | Change Rate +0.064892% | Assessed CR | Tax Rate +0.013949% |
| Year 2023 | Assessed Value $198,302 | Land Value $27,022 | Improvement Value $171,280 | Tax Amount $2,597.55 | Change Rate +0.023435% | Assessed CR | Tax Rate +0.013099% |
| Year 2022 | Assessed Value $198,302 | Land Value $27,022 | Improvement Value $171,280 | Tax Amount $2,538.07 | Change Rate +0.004711% | Assessed CR | Tax Rate +0.012799% |
| Year 2021 | Assessed Value $198,302 | Land Value $27,022 | Improvement Value $171,280 | Tax Amount $2,526.17 | Change Rate +0.053093% | Assessed CR | Tax Rate +0.012739% |
| Year 2020 | Assessed Value $192,846 | Land Value $27,022 | Improvement Value $165,824 | Tax Amount $2,398.81 | Change Rate | Assessed CR | Tax Rate +0.012439% |
| Year 2019 | Assessed Value $192,846 | Land Value $27,022 | Improvement Value $165,824 | Tax Amount $2,398.81 | Change Rate +1.194321% | Assessed CR | Tax Rate +0.012439% |
| Year 2018 | Assessed Value $80,589 | Land Value $15,012 | Improvement Value $65,577 | Tax Amount $1,093.19 | Change Rate +0.007428% | Assessed CR | Tax Rate +0.013565% |
| Year 2017 | Assessed Value $80,589 | Land Value $15,012 | Improvement Value $65,577 | Tax Amount $1,085.13 | Change Rate +0.034896% | Assessed CR | Tax Rate +0.013465% |
| Year 2016 | Assessed Value $80,589 | Land Value $15,012 | Improvement Value $65,577 | Tax Amount $1,048.54 | Change Rate +0.115599% | Assessed CR | Tax Rate +0.013011% |
| Year 2015 | Assessed Value $67,896 | Land Value $13,300 | Improvement Value $54,596 | Tax Amount $939.89 | Change Rate | Assessed CR | Tax Rate +0.013843% |
| Year 2014 | Assessed Value $67,896 | Land Value $13,300 | Improvement Value $54,596 | Tax Amount $939.89 | Change Rate | Assessed CR | Tax Rate +0.013843% |