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5506 Mccormick Rd; Durham, NC Property Details

5506 Mccormick Rd, Durham, NC is a Single Family that was built in 1978. This property is currently Financed and is not for sale. Our records show that 5506 Mccormick Rd has 4 bedrooms, and 2.5 bathrooms, and a total of 1,624 square feet. The lot size of 5506 Mccormick Rd is 12,197 square feet.

Off market
5506 Mccormick Rd Durham, NC 27713
$422,000 Listing Price
4 Beds
2.5 Baths
1,624 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1978
  • Purchase Price: $422,000
  • Open Loans / Balance: 1 / $325,204
  • Est. Equity / %: $107,796 / 24.9%
  • Gross Yield: 5.593%
  • APN: 152321
  • Situs County: Durham
  • Length Of Ownership: 3 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 5
  • 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: 1,624/SqFt
  • Lot: 12,197/SqFt
  • Living: 1,624/SqFt
  • Basement: 520/SqFt
  • Building: 1,624/SqFt
  • Ground: 1,084/SqFt
  • Basement Unfinished: 520/SqFt
  • Price Per Square Foot: $259.85

Legal Description

  • Description: PARKWOOD/SEC:17/LT#843 PL:000094-000101
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: 35.89569 / -78.91578
  • Subdivision: Prkwood Sec 17
  • Property Class: Residential
  • Zoning: RS-10
  • County Use Code: 111

Amenities

  • Plus Four: 2348
  • Bathroom Fixtures: 10
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Yes

HOA

  • H O A One: $275
  • H O A Amount: $275
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

5506 Mccormick Rd has no associated ownership info
5506 Mccormick Rd has no associated ownership info.

Taxes

5506 Mccormick Rd has 10 associated Taxes items

5506 Mccormick 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 $430,578. The APN we've located for 5506 Mccormick Rd is 152321.

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Taxes
  • Assessed Value:  $430,578
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  152321
  • Assessed Land Value:  128000
  • Market Land Value:  128000
  • Tax Amount:  4268.33
  • Tax Year:  2025
  • Market Value:  430578
  • Market Year:  2025

Tax History

5506 Mccormick Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $430,578 Land Value $128,000 Improvement Value $302,578 Tax Amount $4,268.33 Change Rate +0.426362% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $214,528 Land Value $38,250 Improvement Value $176,278 Tax Amount $2,992.46 Change Rate +0.10276% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $207,162 Land Value $38,250 Improvement Value $168,912 Tax Amount $2,713.61 Change Rate +0.023436% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $207,162 Land Value $38,250 Improvement Value $168,912 Tax Amount $2,651.47 Change Rate +0.00471% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $207,162 Land Value $38,250 Improvement Value $168,912 Tax Amount $2,639.04 Change Rate +0.024118% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $207,162 Land Value $38,250 Improvement Value $168,912 Tax Amount $2,576.89 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $205,802 Land Value $38,250 Improvement Value $167,552 Tax Amount $2,576.89 Change Rate +0.352755% Assessed CR Tax Rate +0.012521%
Year 2018 Assessed Value $140,429 Land Value $35,062 Improvement Value $105,367 Tax Amount $1,904.92 Change Rate +0.007425% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $140,429 Land Value $35,062 Improvement Value $105,367 Tax Amount $1,890.88 Change Rate +0.034896% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $140,429 Land Value $35,062 Improvement Value $105,367 Tax Amount $1,827.12 Change Rate -0.075358% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $142,746 Land Value $24,432 Improvement Value $118,314 Tax Amount $1,976.03 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $142,746 Land Value $24,432 Improvement Value $118,314 Tax Amount $1,976.03 Change Rate Assessed CR Tax Rate +0.013843%