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508 Colvard Woods Way; Durham, NC Property Details

508 Colvard Woods Way, Durham, NC is a Residential Vacant Land. This property is currently Financed,New Construction and is not for sale. The lot size of 508 Colvard Woods Way is 20,473 square feet.

Off market
508 Colvard Woods Way Durham, NC 27713
$425,000 Listing Price
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $425,000
  • Open Loans / Balance: 1 / $2,021,692
  • Est. Equity / %: $-1,583,692 / -361.57%
  • APN: 230604
  • Situs County: Durham
  • Length Of Ownership: 4 months

Measurements

  • Lot: 20,473/SqFt

Legal Description

  • Description: COLVARD FARMS/PH:12B/LT# 09 PL:000205-000192
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: 35.867397 / -78.953636
  • Subdivision: Colvard Farms/Ph:12b
  • Property Class: Vacant
  • Zoning: RS-20(D)
  • County Use Code: 318

Amenities

  • Plus Four: 7345

HOA

  • H O A One: $800
  • H O A Amount: $800
  • H O A One Frequency: Quarterly
  • H O A One Type: Home Owner Association

Ownership Info

508 Colvard Woods Way has no associated ownership info
508 Colvard Woods Way has no associated ownership info.

Taxes

508 Colvard Woods Way has 10 associated Taxes items

508 Colvard Woods Way, 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 $404,250. The APN we've located for 508 Colvard Woods Way is 230604.

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Taxes
  • Assessed Value:  $404,250
  • Assessed Year:  2026
  • Assessed County:  Durham
  • APN:  230604
  • Assessed Land Value:  404250
  • Market Land Value:  404250
  • Tax Amount:  2575.48
  • Tax Year:  2025
  • Market Value:  404250
  • Market Year:  2026

Tax History

508 Colvard Woods Way has 5 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $404,250 Land Value $404,250 Improvement Value Tax Amount $2,676.54 Change Rate +0.039239% Assessed CR Tax Rate +0.006621%
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $2,575.48 Change Rate -0.007652% Assessed CR Tax Rate
Year 2024 Assessed Value $279,490 Land Value $279,490 Improvement Value Tax Amount $2,595.34 Change Rate +0.035113% Assessed CR Tax Rate +0.009286%
Year 2023 Assessed Value $279,490 Land Value $279,490 Improvement Value Tax Amount $2,507.3 Change Rate +0.022799% Assessed CR Tax Rate +0.008971%
Year 2022 Assessed Value $279,490 Land Value $279,490 Improvement Value Tax Amount $2,451.41 Change Rate Assessed CR Tax Rate +0.008771%