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518 Melbourne St; Durham, NC Property Details

518 Melbourne St, Durham, NC is a Single Family that was built in 1993. This property is currently Financed and is not for sale. Our records show that 518 Melbourne St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,352 square feet. The lot size of 518 Melbourne St is 10,890 square feet.

Off market
518 Melbourne St Durham, NC 27703
$175,000 Listing Price
3 Beds
1.5 Baths
1,352 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1993
  • Purchase Price: $175,000
  • Open Loans / Balance: 1 / $115,512
  • Est. Equity / %: $196,488 / 62.98%
  • Gross Yield: 6.962%
  • APN: 131514
  • Situs County: Durham
  • Length Of Ownership: 8 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 2
  • Exterior Wall Type: Wood Siding
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,352/SqFt
  • Lot: 10,890/SqFt
  • Living: 1,352/SqFt
  • Building: 1,352/SqFt
  • Ground: 676/SqFt
  • Price Per Square Foot: $129.44

Legal Description

  • Description: TIMBERSTONE/PH:03/LT#61 PL:000128-000073
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: 35.996494 / -78.85089
  • Subdivision: Timberstone
  • Property Class: Residential
  • Zoning: RS-8
  • County Use Code: 111

Amenities

  • Plus Four: 2456
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Heating: Yes

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

518 Melbourne St has no associated ownership info
518 Melbourne St has no associated ownership info.

Taxes

518 Melbourne St has 10 associated Taxes items

518 Melbourne 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 $303,616. The APN we've located for 518 Melbourne St is 131514.

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Taxes
  • Assessed Value:  $303,616
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  131514
  • Assessed Land Value:  81250
  • Market Land Value:  81250
  • Tax Amount:  3009.75
  • Tax Year:  2025
  • Market Value:  303616
  • Market Year:  2025

Tax History

518 Melbourne St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $303,616 Land Value $81,250 Improvement Value $222,366 Tax Amount $3,009.75 Change Rate +0.46954% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $146,827 Land Value $28,192 Improvement Value $118,635 Tax Amount $2,048.09 Change Rate +0.064894% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $146,827 Land Value $28,192 Improvement Value $118,635 Tax Amount $1,923.28 Change Rate +0.023435% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $146,827 Land Value $28,192 Improvement Value $118,635 Tax Amount $1,879.24 Change Rate +0.00471% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $146,827 Land Value $28,192 Improvement Value $118,635 Tax Amount $1,870.43 Change Rate +0.024119% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $146,827 Land Value $28,192 Improvement Value $118,635 Tax Amount $1,826.38 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $146,827 Land Value $28,192 Improvement Value $118,635 Tax Amount $1,826.38 Change Rate +0.229993% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $109,463 Land Value $21,927 Improvement Value $87,536 Tax Amount $1,484.87 Change Rate +0.007429% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $109,463 Land Value $21,927 Improvement Value $87,536 Tax Amount $1,473.92 Change Rate +0.034896% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $109,463 Land Value $21,927 Improvement Value $87,536 Tax Amount $1,424.22 Change Rate -0.162381% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $122,829 Land Value $21,913 Improvement Value $100,916 Tax Amount $1,700.32 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $122,829 Land Value $21,913 Improvement Value $100,916 Tax Amount $1,700.32 Change Rate Assessed CR Tax Rate +0.013843%