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508 Gurley St; Durham, NC Property Details

508 Gurley St, Durham, NC is a Duplex 2 Units that was built in 1984. This property is currently a cash purchase and is not for sale. Our records show that 508 Gurley St has 4 bedrooms, and 3 bathrooms, and a total of 1,550 square feet. The lot size of 508 Gurley St is 8,276 square feet.

Off market
508 Gurley St Durham, NC 27701
$800,000 Listing Price
4 Beds
3 Baths
1,550 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1984
  • Purchase Price: $35,000
  • Open Loans / Balance: 1 / $515,525
  • Est. Equity / %: $-115,525 / -28.88%
  • APN: 110673
  • Situs County: Durham
  • Length Of Ownership: 8 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 6

Structure

  • Building Style: Wood
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 1,550/SqFt
  • Lot: 8,276/SqFt
  • Living: 1,550/SqFt
  • Building: 1,550/SqFt
  • Ground: 1,550/SqFt
  • Price Per Square Foot: $22.58

Legal Description

  • Description: PROP-THAYER INVSTMNT INC& RHYTHM RENTALS/LT47-48 P PL:000198-000053
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.997017 / -78.89172
  • Subdivision: Prop-Martha May Land
  • Property Class: Residential
  • Zoning: RU-5(2)
  • County Use Code: 112

Amenities

  • Plus Four: 3432
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Heating: Yes

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

508 Gurley St has no associated ownership info
508 Gurley St has no associated ownership info.

Taxes

508 Gurley St has 10 associated Taxes items

508 Gurley 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 $368,561. The APN we've located for 508 Gurley St is 110673.

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Taxes
  • Assessed Value:  $368,561
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  110673
  • Assessed Land Value:  208250
  • Market Land Value:  208250
  • Tax Amount:  3653.54
  • Tax Year:  2025
  • Market Value:  368561
  • Market Year:  2025

Tax History

508 Gurley St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $368,561 Land Value $208,250 Improvement Value $160,311 Tax Amount $3,653.54 Change Rate +0.092866% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $239,664 Land Value $83,020 Improvement Value $156,644 Tax Amount $3,343.08 Change Rate +0.064892% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $239,664 Land Value $83,020 Improvement Value $156,644 Tax Amount $3,139.36 Change Rate +0.02344% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $239,664 Land Value $83,020 Improvement Value $156,644 Tax Amount $3,067.46 Change Rate +0.00471% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $239,664 Land Value $83,020 Improvement Value $156,644 Tax Amount $3,053.08 Change Rate +0.024118% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $239,664 Land Value $83,020 Improvement Value $156,644 Tax Amount $2,981.18 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $239,664 Land Value $83,020 Improvement Value $156,644 Tax Amount $2,981.18 Change Rate +0.855826% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $118,422 Land Value $38,545 Improvement Value $79,877 Tax Amount $1,606.39 Change Rate -0.014219% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $121,022 Land Value $41,145 Improvement Value $79,877 Tax Amount $1,629.56 Change Rate +0.034898% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $121,022 Land Value $41,145 Improvement Value $79,877 Tax Amount $1,574.61 Change Rate +1.527707% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $45,000 Land Value $17,436 Improvement Value $27,564 Tax Amount $622.94 Change Rate -0.032296% Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $46,502 Land Value $17,436 Improvement Value $29,066 Tax Amount $643.73 Change Rate Assessed CR Tax Rate +0.013843%