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518 Morreene Rd; Durham, NC Property Details

518 Morreene Rd, Durham, NC is a Single Family that was built in 1957. This property is currently a cash purchase and is not for sale. Our records show that 518 Morreene Rd has 4 bedrooms, and 2.5 bathrooms, and a total of 2,473 square feet. The lot size of 518 Morreene Rd is 20,038 square feet.

Off market
518 Morreene Rd Durham, NC 27705
$404,448 Estimated Value
4 Beds
2.5 Baths
2,473 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1957
  • Purchase Price: $189,500
  • Est. Equity / %: $395,000 / 100%
  • Gross Yield: 6.355%
  • APN: 124648
  • Situs County: Durham
  • Length Of Ownership: 18 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,473/SqFt
  • Lot: 20,038/SqFt
  • Living: 2,473/SqFt
  • Basement: 625/SqFt
  • Building: 2,473/SqFt
  • Ground: 1,848/SqFt
  • Basement Unfinished: 625/SqFt
  • Price Per Square Foot: $76.63

Legal Description

  • Description: TURNAGE HEIGHTS/SEC:A/TR: 01/LT#45 PL:00031A-000034
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: 36.016445 / -78.95821
  • Subdivision: Turnage Hghts S-A T-1
  • Property Class: Residential
  • Zoning: RS-10
  • County Use Code: 111

Amenities

  • Plus Four: 2925
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Heating: Yes

Ownership Info

518 Morreene Rd has no associated ownership info
518 Morreene Rd has no associated ownership info.

Taxes

518 Morreene Rd has 10 associated Taxes items

518 Morreene Rd, 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 $404,448. The APN we've located for 518 Morreene Rd is 124648.

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Taxes
  • Assessed Value:  $404,448
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  124648
  • Assessed Land Value:  131400
  • Market Land Value:  131400
  • Tax Amount:  4009.29
  • Tax Year:  2025
  • Market Value:  404448
  • Market Year:  2025

Tax History

518 Morreene Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $404,448 Land Value $131,400 Improvement Value $273,048 Tax Amount $4,009.29 Change Rate +0.234251% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $232,874 Land Value $43,770 Improvement Value $189,104 Tax Amount $3,248.36 Change Rate +0.064889% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $232,874 Land Value $43,770 Improvement Value $189,104 Tax Amount $3,050.42 Change Rate +0.705737% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $232,874 Land Value $43,770 Improvement Value $189,104 Tax Amount $1,788.33 Change Rate -0.095762% Assessed CR Tax Rate +0.007679%
Year 2021 Assessed Value $232,874 Land Value $43,770 Improvement Value $189,104 Tax Amount $1,977.72 Change Rate -0.317253% Assessed CR Tax Rate +0.008493%
Year 2020 Assessed Value $232,874 Land Value $43,770 Improvement Value $189,104 Tax Amount $2,896.71 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $232,874 Land Value $43,770 Improvement Value $189,104 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $163,844 Land Value $29,180 Improvement Value $134,664 Tax Amount $2,222.54 Change Rate +0.007425% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $163,844 Land Value $29,180 Improvement Value $134,664 Tax Amount $2,206.16 Change Rate +0.034896% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $163,844 Land Value $29,180 Improvement Value $134,664 Tax Amount $2,131.77 Change Rate +0.073815% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $143,410 Land Value $30,348 Improvement Value $113,062 Tax Amount $1,985.23 Change Rate +0.000005% Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $143,410 Land Value $30,348 Improvement Value $113,062 Tax Amount $1,985.22 Change Rate Assessed CR Tax Rate +0.013843%