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506 N Waters Edge Dr; Durham, NC Property Details

506 N Waters Edge Dr, Durham, NC is a Single Family that was built in 1999. This property is currently Financed,New Construction and is not for sale. Our records show that 506 N Waters Edge Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,405 square feet. The lot size of 506 N Waters Edge Dr is 8,712 square feet.

Off market  •   Pre Probate ✓
506 N Waters Edge Dr Durham, NC 27703
$431,534 Estimated Value
4 Beds
2.5 Baths
2,405 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1999
  • Purchase Price: $173,500
  • Open Loans / Balance: 1 / $120,785
  • Est. Equity / %: $303,215 / 71.51%
  • Gross Yield: 8.077%
  • APN: 165881
  • Situs County: Durham
  • Length Of Ownership: 26 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Stories: 1.5

Measurements

  • Total: 2,405/SqFt
  • Lot: 8,712/SqFt
  • Garage: 400/SqFt
  • Living: 2,405/SqFt
  • Building: 2,405/SqFt
  • Ground: 1,643/SqFt
  • Garage Unfinished: 400/SqFt
  • Price Per Square Foot: $72.14

Legal Description

  • Description: GROVE PARK/WATERS EDGE/SE C:06/LT#474 PL:000139-000090
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.974236 / -78.81562
  • Subdivision: Grove Prk-Water Edg Sec 6
  • Property Class: Residential
  • Zoning: PDR 1.630
  • County Use Code: 111

Amenities

  • Plus Four: 6708
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One: $65
  • H O A Amount: $65
  • H O A One Frequency: Monthly
  • H O A One Name: Grove Park Community Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

506 N Waters Edge Dr has no associated ownership info
506 N Waters Edge Dr has no associated ownership info.

Taxes

506 N Waters Edge Dr has 10 associated Taxes items

506 N Waters Edge Dr, Durham, NC pays taxes in Durham County, NC. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $431,534. The APN we've located for 506 N Waters Edge Dr is 165881.

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Taxes
  • Assessed Value:  $431,534
  • Assessed Year:  2026
  • Assessed County:  Durham
  • APN:  165881
  • Assessed Land Value:  61725
  • Market Land Value:  61725
  • Tax Amount:  4277.8
  • Tax Year:  2025
  • Market Value:  431534
  • Market Year:  2026

Tax History

506 N Waters Edge Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $431,534 Land Value $61,725 Improvement Value $369,809 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,277.8 Change Rate +0.288471% Assessed CR Tax Rate
Year 2024 Assessed Value $238,014 Land Value $34,505 Improvement Value $203,509 Tax Amount $3,320.06 Change Rate +0.064893% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $238,014 Land Value $34,505 Improvement Value $203,509 Tax Amount $3,117.74 Change Rate +0.023438% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $238,014 Land Value $34,505 Improvement Value $203,509 Tax Amount $3,046.34 Change Rate +0.00471% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $238,014 Land Value $34,505 Improvement Value $203,509 Tax Amount $3,032.06 Change Rate +0.024116% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $238,014 Land Value $34,505 Improvement Value $203,509 Tax Amount $2,960.66 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $238,014 Land Value $34,505 Improvement Value $203,509 Tax Amount $2,960.66 Change Rate -0.030357% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $225,090 Land Value $38,837 Improvement Value $186,253 Tax Amount $3,053.35 Change Rate +0.00743% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $225,090 Land Value $38,837 Improvement Value $186,253 Tax Amount $3,030.83 Change Rate +0.034893% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $225,090 Land Value $38,837 Improvement Value $186,253 Tax Amount $2,928.64 Change Rate +0.021717% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $207,064 Land Value $40,761 Improvement Value $166,303 Tax Amount $2,866.39 Change Rate +0.000003% Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $207,064 Land Value $40,761 Improvement Value $166,303 Tax Amount $2,866.38 Change Rate Assessed CR Tax Rate +0.013843%