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514 Gray Ave; Durham, NC Property Details

514 Gray Ave, Durham, NC is a Single Family that was built in 1920. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 514 Gray Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,576 square feet. The lot size of 514 Gray Ave is 7,405 square feet.

Off market
514 Gray Ave Durham, NC 27701
$275,144 Estimated Value
3 Beds
2 Baths
1,576 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1920
  • Purchase Price: $16,957
  • Est. Equity / %: $393,000 / 100%
  • Gross Yield: 8.198%
  • APN: 110623
  • Situs County: Durham
  • Length Of Ownership: 15 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 1,576/SqFt
  • Lot: 7,405/SqFt
  • Living: 1,576/SqFt
  • Basement: 224/SqFt
  • Building: 1,576/SqFt
  • Ground: 1,464/SqFt
  • Basement Unfinished: 224/SqFt
  • Price Per Square Foot: $10.76

Legal Description

  • Description: PROP-ELLIOTT A G PL:000000-000000
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: 35.998974 / -78.88936
  • Property Class: Residential
  • Zoning: RU-5(2)
  • County Use Code: 111

Amenities

  • Plus Four: 2518
  • Bathroom Fixtures: 8
  • Cooling: Yes
  • Heating: Yes

Ownership Info

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

Taxes

514 Gray Ave has 10 associated Taxes items

514 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 $275,144. The APN we've located for 514 Gray Ave is 110623.

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Taxes
  • Assessed Value:  $275,144
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  110623
  • Assessed Land Value:  204750
  • Market Land Value:  204750
  • Tax Amount:  2727.49
  • Tax Year:  2025
  • Market Value:  275144
  • Market Year:  2025

Tax History

514 Gray Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $275,144 Land Value $204,750 Improvement Value $70,394 Tax Amount $2,727.49 Change Rate +0.786152% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $109,471 Land Value $81,620 Improvement Value $27,851 Tax Amount $1,527.02 Change Rate +0.06489% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $109,471 Land Value $81,620 Improvement Value $27,851 Tax Amount $1,433.97 Change Rate +0.023446% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $109,471 Land Value $81,620 Improvement Value $27,851 Tax Amount $1,401.12 Change Rate +1.017306% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $109,471 Land Value $81,620 Improvement Value $27,851 Tax Amount $694.55 Change Rate -0.489943% Assessed CR Tax Rate +0.006345%
Year 2020 Assessed Value $109,471 Land Value $81,620 Improvement Value $27,851 Tax Amount $1,361.71 Change Rate -0.113251% Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $123,452 Land Value $81,620 Improvement Value $41,832 Tax Amount $1,535.62 Change Rate +0.567631% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $72,214 Land Value $37,895 Improvement Value $34,319 Tax Amount $979.58 Change Rate +0.007425% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $80,147 Land Value $37,895 Improvement Value $42,252 Tax Amount $972.36 Change Rate -0.06754% Assessed CR Tax Rate +0.012132%
Year 2016 Assessed Value $105,014 Land Value $37,895 Improvement Value $67,119 Tax Amount $1,042.79 Change Rate +0.673981% Assessed CR Tax Rate +0.00993%
Year 2015 Assessed Value $45,000 Land Value $16,058 Improvement Value $28,942 Tax Amount $622.94 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $45,000 Land Value $16,058 Improvement Value $28,942 Tax Amount $622.94 Change Rate Assessed CR Tax Rate +0.013843%