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509 Gray Ave; Durham, NC Property Details

509 Gray Ave, Durham, NC is a Single Family that was built in 1944. This property is not for sale. Our records show that 509 Gray Ave has 2 bedrooms, and 2 bathrooms, and a total of 1,204 square feet. The lot size of 509 Gray Ave is 10,019 square feet.

Off market
509 Gray Ave Durham, NC 27701
$328,834 Estimated Value
2 Beds
2 Baths
1,204 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1944
  • Est. Equity / %: $356,000 / 100%
  • Gross Yield: 5.828%
  • APN: 110888
  • Situs County: Durham

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 4

Structure

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

Measurements

  • Total: 1,204/SqFt
  • Lot: 10,019/SqFt
  • Living: 1,204/SqFt
  • Building: 1,204/SqFt
  • Ground: 1,204/SqFt

Legal Description

  • Description: PROP-HORNER & LIPSCOMB/LT #01 W PT PL:000011-000072
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: 35.99959 / -78.88964
  • Subdivision: Prop-Horner & Lipscomb
  • Property Class: Residential
  • Zoning: RU-5(2)
  • County Use Code: 111

Amenities

  • Plus Four: 2517
  • Bathroom Fixtures: 8
  • Cooling: Yes
  • Heating: Yes

Ownership Info

509 Gray Ave has no associated ownership info
509 Gray Ave has no associated ownership info.

Taxes

509 Gray Ave has 10 associated Taxes items

509 Gray Ave, 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 $328,834. The APN we've located for 509 Gray Ave is 110888.

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Taxes
  • Assessed Value:  $328,834
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  110888
  • Assessed Land Value:  215250
  • Market Land Value:  215250
  • Tax Amount:  3259.73
  • Tax Year:  2025
  • Market Value:  328834
  • Market Year:  2025

Tax History

509 Gray Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $328,834 Land Value $215,250 Improvement Value $113,584 Tax Amount $3,259.73 Change Rate +0.547323% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $151,028 Land Value $86,450 Improvement Value $64,578 Tax Amount $2,106.69 Change Rate +0.064894% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $151,028 Land Value $86,450 Improvement Value $64,578 Tax Amount $1,978.31 Change Rate +1.120352% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $151,028 Land Value $86,450 Improvement Value $64,578 Tax Amount $933.01 Change Rate -0.515055% Assessed CR Tax Rate +0.006178%
Year 2021 Assessed Value $151,028 Land Value $86,450 Improvement Value $64,578 Tax Amount $1,923.95 Change Rate +0.024113% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $151,028 Land Value $86,450 Improvement Value $64,578 Tax Amount $1,878.65 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $151,028 Land Value $86,450 Improvement Value $64,578 Tax Amount $1,878.65 Change Rate +0.270405% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $109,014 Land Value $40,137 Improvement Value $68,877 Tax Amount $1,478.78 Change Rate +0.007426% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $109,014 Land Value $40,137 Improvement Value $68,877 Tax Amount $1,467.88 Change Rate +0.034899% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $109,014 Land Value $40,137 Improvement Value $68,877 Tax Amount $1,418.38 Change Rate +0.350684% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $75,859 Land Value $17,009 Improvement Value $58,850 Tax Amount $1,050.12 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $75,859 Land Value $17,009 Improvement Value $58,850 Tax Amount $1,050.12 Change Rate Assessed CR Tax Rate +0.013843%