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506 Commonwealth St; Durham, NC Property Details

506 Commonwealth St, Durham, NC is a Single Family that was built in 2022. This property is currently Financed,New Construction and is not for sale. Our records show that 506 Commonwealth St has 3 bedrooms, and 2.5 bathrooms, and a total of 1,305 square feet. The lot size of 506 Commonwealth St is 2,614 square feet.

Off market
506 Commonwealth St Durham, NC 27703
$339,800 Listing Price
3 Beds
2.5 Baths
1,305 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2022
  • Purchase Price: $340,000
  • Open Loans / Balance: 1 / $322,537
  • Est. Equity / %: $12,463 / 3.72%
  • Gross Yield: 6.652%
  • APN: 229316
  • Situs County: Durham
  • Length Of Ownership: 2 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Measurements

  • Total: 1,305/SqFt
  • Lot: 2,614/SqFt
  • Living: 1,305/SqFt
  • Building: 1,305/SqFt
  • Price Per Square Foot: $260.54

Legal Description

  • Description: PROP-WEITZ REAL ESTATE LL C/TR#03 PL:000205-000216
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: 35.972134 / -78.8632
  • Subdivision: Prop-Woods Larkin
  • Property Class: Residential
  • Zoning: RU-5
  • County Use Code: 111

Amenities

  • Plus Four: 4428

Ownership Info

506 Commonwealth St has no associated ownership info
506 Commonwealth St has no associated ownership info.

Taxes

506 Commonwealth St has 10 associated Taxes items

506 Commonwealth 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 $365,343. The APN we've located for 506 Commonwealth St is 229316.

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Taxes
  • Assessed Value:  $365,343
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  229316
  • Assessed Land Value:  73500
  • Market Land Value:  73500
  • Tax Amount:  3621.64
  • Tax Year:  2025
  • Market Value:  365343
  • Market Year:  2025

Tax History

506 Commonwealth St has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $365,343 Land Value $73,500 Improvement Value $291,843 Tax Amount $3,621.64 Change Rate +0.910581% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $135,893 Land Value $15,750 Improvement Value $120,143 Tax Amount $1,895.57 Change Rate +0.064885% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $15,720 Land Value $15,720 Improvement Value Tax Amount $1,780.07 Change Rate +7.847706% Assessed CR Tax Rate +0.113236%
Year 2022 Assessed Value $15,720 Land Value $15,720 Improvement Value Tax Amount $201.19 Change Rate -0.089185% Assessed CR Tax Rate +0.012798%
Year 2021 Assessed Value $17,340 Land Value $17,340 Improvement Value Tax Amount $220.89 Change Rate Assessed CR Tax Rate +0.012739%