Taxes
- Assessed Value: $5,407,100
- Assessed Year: 2025
- Assessed County: Durham
- APN: 114834
- Assessed Land Value: 5407100
- Market Land Value: 5407100
- Tax Amount: 53600.57
- Tax Year: 2025
- Market Value: 5407100
- Market Year: 2025
518 Morehead Ave; Durham, NC Property Details
On Market for 72 days
518 Morehead Ave Durham, NC 27707
$1,045,000 Listing Price
3 Beds
4 Baths
2,342 SqFt
Property Type
Commercial Vacant LandProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Purchase Price: $3,200,000
- Open Loans / Balance: 1 / $37,429,336
- APN: 114834
- Situs County: Durham
- Length Of Ownership: 1 year, 8 months
Rooms
- Bedrooms: 3
- Bathrooms: 4
Structure
- Sewer Type: Municipal
- Water Source: Yes
Measurements
- Total: 2,342/SqFt
- Lot: 169,448/SqFt
- Price Per Square Foot: $1366.35
Legal Description
- Description: PROP-518 & 618 MOREHEAD A VE MOREHEAD HILL/HD PL:000201-000021
Building Insights
Land Information
- Property Type: Commercial Vacant Land
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Durham Public Schools
- Lat / Lon: 35.992157 / -78.909996
- Property Class: Vacant
- Zoning: OI
- County Use Code: 340
Amenities
- Plus Four: 1348
Ownership Info
518 Morehead Ave has no associated ownership info
518 Morehead Ave has no associated ownership info.
Taxes
518 Morehead Ave has 10 associated Taxes items
518 Morehead 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 $5,407,100. The APN we've located for 518 Morehead Ave is 114834.
Unlock the full reportTax History
518 Morehead Ave has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $5,407,100 | Land Value $5,407,100 | Improvement Value | Tax Amount $53,600.57 | Change Rate +4.122716% | Assessed CR | Tax Rate +0.009913% |
| Year 2024 | Assessed Value $750,112 | Land Value $750,112 | Improvement Value | Tax Amount $10,463.31 | Change Rate +0.064891% | Assessed CR | Tax Rate +0.013949% |
| Year 2023 | Assessed Value $750,112 | Land Value $750,112 | Improvement Value | Tax Amount $9,825.71 | Change Rate +0.023439% | Assessed CR | Tax Rate +0.013099% |
| Year 2022 | Assessed Value $750,112 | Land Value $750,112 | Improvement Value | Tax Amount $9,600.68 | Change Rate +0.004709% | Assessed CR | Tax Rate +0.012799% |
| Year 2021 | Assessed Value $750,112 | Land Value $750,112 | Improvement Value | Tax Amount $9,555.68 | Change Rate +0.024117% | Assessed CR | Tax Rate +0.012739% |
| Year 2020 | Assessed Value $720,534 | Land Value $720,534 | Improvement Value | Tax Amount $9,330.65 | Change Rate +0.107217% | Assessed CR | Tax Rate +0.01295% |
| Year 2019 | Assessed Value $720,534 | Land Value $720,534 | Improvement Value | Tax Amount $8,427.12 | Change Rate +0.508839% | Assessed CR | Tax Rate +0.011696% |
| Year 2018 | Assessed Value $411,734 | Land Value $411,734 | Improvement Value | Tax Amount $5,585.17 | Change Rate +0.007428% | Assessed CR | Tax Rate +0.013565% |
| Year 2017 | Assessed Value $411,734 | Land Value $411,734 | Improvement Value | Tax Amount $5,543.99 | Change Rate +0.034892% | Assessed CR | Tax Rate +0.013465% |
| Year 2016 | Assessed Value $411,734 | Land Value $411,734 | Improvement Value | Tax Amount $5,357.07 | Change Rate +0.05717% | Assessed CR | Tax Rate +0.013011% |
| Year 2015 | Assessed Value $366,060 | Land Value $366,060 | Improvement Value | Tax Amount $5,067.37 | Change Rate | Assessed CR | Tax Rate +0.013843% |
| Year 2014 | Assessed Value $366,060 | Land Value $366,060 | Improvement Value | Tax Amount $5,067.37 | Change Rate | Assessed CR | Tax Rate +0.013843% |