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516 Gray Ave; Durham, NC Property Details

516 Gray Ave, Durham, NC is a Single Family that was built in 1920. This property is not for sale. Our records show that 516 Gray Ave has 2 bedrooms, and 1 bathroom, and a total of 884 square feet. The lot size of 516 Gray Ave is 7,405 square feet.

Off market
516 Gray Ave Durham, NC 27701
$267,053 Estimated Value
2 Beds
1 Baths
884 SqFt
Property Details

Summary

  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1920
  • Est. Equity / %: $274,000 / 100%
  • Gross Yield: 6.845%
  • APN: 110622
  • Situs County: Durham

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 3

Structure

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

Measurements

  • Total: 884/SqFt
  • Lot: 7,405/SqFt
  • Living: 884/SqFt
  • Building: 884/SqFt
  • Ground: 884/SqFt

Legal Description

  • Description: PROP-ELLIOTT A G/LT#08 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: 35.998966 / -78.88919
  • Property Class: Residential
  • Zoning: RU-5(2)
  • County Use Code: 111

Amenities

  • Plus Four: 2518
  • Bathroom Fixtures: 5
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

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

Taxes

516 Gray Ave has 10 associated Taxes items

516 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 $267,053. The APN we've located for 516 Gray Ave is 110622.

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Taxes
  • Assessed Value:  $267,053
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  110622
  • Assessed Land Value:  204750
  • Market Land Value:  204750
  • Tax Amount:  2647.3
  • Tax Year:  2025
  • Market Value:  267053
  • Market Year:  2025

Tax History

516 Gray Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $267,053 Land Value $204,750 Improvement Value $62,303 Tax Amount $2,647.3 Change Rate +0.747347% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $108,613 Land Value $81,760 Improvement Value $26,853 Tax Amount $1,515.04 Change Rate +0.06489% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $108,613 Land Value $81,760 Improvement Value $26,853 Tax Amount $1,422.72 Change Rate +0.023436% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $108,613 Land Value $81,760 Improvement Value $26,853 Tax Amount $1,390.14 Change Rate +0.004705% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $108,613 Land Value $81,760 Improvement Value $26,853 Tax Amount $1,383.63 Change Rate +0.024122% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $108,613 Land Value $81,760 Improvement Value $26,853 Tax Amount $1,351.04 Change Rate -0.000007% Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $108,613 Land Value $81,760 Improvement Value $26,853 Tax Amount $1,351.05 Change Rate +0.460452% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $68,197 Land Value $37,960 Improvement Value $30,237 Tax Amount $925.09 Change Rate +0.007416% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $68,197 Land Value $37,960 Improvement Value $30,237 Tax Amount $918.28 Change Rate +0.034903% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $68,197 Land Value $37,960 Improvement Value $30,237 Tax Amount $887.31 Change Rate +0.459872% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $43,907 Land Value $16,085 Improvement Value $27,822 Tax Amount $607.8 Change Rate -0.000016% Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $43,907 Land Value $16,085 Improvement Value $27,822 Tax Amount $607.81 Change Rate Assessed CR Tax Rate +0.013843%