Taxes
- Assessed Value: $5,662,976
- Assessed Year: 2025
- Assessed County: Durham
- APN: 107192
- Assessed Land Value: 1815600
- Market Land Value: 1815600
- Market Value: 5662976
- Market Year: 2025
540 E Cornwallis Rd; Durham, NC Property Details
Off market
540 E Cornwallis Rd Durham, NC 27707
$5,662,976 Estimated Value
40,448 SqFt
Property Type
Welfare/low Inc HousingProperty Details
Summary
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1965
- APN: 107192
- Situs County: Durham
Rooms
- Total Rooms: 4
Structure
- Stories: 1
- Exterior Wall Type: Brick veneer
- Roof Cover Type: Asphalt
- Sewer Type: Municipal
- Water Source: Yes
Measurements
- Total: 40,448/SqFt
- Lot: 1,128,640/SqFt
- Living: 40,448/SqFt
- Building: 40,448/SqFt
- Ground: 2,804/SqFt
Legal Description
- Description: PROP-VICKERS J H/N C MUTU AL LIFE INSURANCE CO PL:000022-000027
Building Insights
Land Information
- Property Type: Welfare/Low Inc Housing
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: Durham Public Schools
- Lat / Lon: 35.962505 / -78.91368
- Property Class: Exempt
- Zoning: RS-M,RU-M
- County Use Code: 630
Amenities
- Cooling: Yes
- Heating: Yes
Ownership Info
540 E Cornwallis Rd has no associated ownership info
540 E Cornwallis Rd has no associated ownership info.
Taxes
540 E Cornwallis Rd has 8 associated Taxes items
540 E Cornwallis 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 $5,662,976. The APN we've located for 540 E Cornwallis Rd is 107192.
Unlock the full reportTax History
540 E Cornwallis Rd 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 $5,662,976 | Land Value $1,815,600 | Improvement Value $3,847,376 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $2,275,244 | Land Value $440,000 | Improvement Value $1,835,244 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $2,275,244 | Land Value $440,000 | Improvement Value $1,835,244 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $2,275,244 | Land Value $440,000 | Improvement Value $1,835,244 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2021 | Assessed Value $2,275,244 | Land Value $440,000 | Improvement Value $1,835,244 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2020 | Assessed Value $2,275,244 | Land Value $440,000 | Improvement Value $1,835,244 | Tax Amount $28,301.76 | Change Rate | Assessed CR | Tax Rate +0.012439% |
| Year 2019 | Assessed Value $2,275,244 | Land Value $440,000 | Improvement Value $1,835,244 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2018 | Assessed Value $1,081,600 | Land Value $160,000 | Improvement Value $921,600 | Tax Amount $14,671.9 | Change Rate | Assessed CR | Tax Rate +0.013565% |
| Year 2017 | Assessed Value $1,081,600 | Land Value $160,000 | Improvement Value $921,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $1,081,600 | Land Value $160,000 | Improvement Value $921,600 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $1,305,627 | Land Value $400,000 | Improvement Value $905,627 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $1,305,627 | Land Value $400,000 | Improvement Value $905,627 | Tax Amount | Change Rate | Assessed CR | Tax Rate |