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5531 Mccormick Rd; Durham, NC Property Details

5531 Mccormick Rd, Durham, NC is a Single Family that was built in 1975. This property is currently Financed and is not for sale. Our records show that 5531 Mccormick Rd has 3 bedrooms, and 1.5 bathrooms, and a total of 1,275 square feet. The lot size of 5531 Mccormick Rd is 14,810 square feet.

Off market
5531 Mccormick Rd Durham, NC 27713
$349,922 Estimated Value
3 Beds
1.5 Baths
1,275 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1975
  • Purchase Price: $127,500
  • Est. Equity / %: $332,000 / 100%
  • Gross Yield: 6.654%
  • APN: 152253
  • Situs County: Durham
  • Length Of Ownership: 15 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 4
  • 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: 1,275/SqFt
  • Lot: 14,810/SqFt
  • Living: 1,275/SqFt
  • Building: 1,275/SqFt
  • Ground: 1,275/SqFt
  • Price Per Square Foot: $100.00

Legal Description

  • Description: PARKWOOD/SEC:14/LT#756 PL:000082-000022
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: 35.89641 / -78.91405
  • Subdivision: Prkwood Sec 14
  • Property Class: Residential
  • Zoning: RS-10
  • County Use Code: 111

Amenities

  • Plus Four: 2347
  • Bathroom Fixtures: 7
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Yes

HOA

  • H O A One: $250
  • H O A Amount: $250
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

5531 Mccormick Rd has no associated ownership info
5531 Mccormick Rd has no associated ownership info.

Taxes

5531 Mccormick Rd has 10 associated Taxes items

5531 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 $349,922. The APN we've located for 5531 Mccormick Rd is 152253.

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Taxes
  • Assessed Value:  $349,922
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  152253
  • Assessed Land Value:  134000
  • Market Land Value:  134000
  • Tax Amount:  3468.78
  • Tax Year:  2025
  • Market Value:  349922
  • Market Year:  2025

Tax History

5531 Mccormick Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $349,922 Land Value $134,000 Improvement Value $215,922 Tax Amount $3,468.78 Change Rate Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $194,820 Land Value $40,200 Improvement Value $154,620 Tax Amount $3,468.78 Change Rate +0.276441% Assessed CR Tax Rate +0.017805%
Year 2023 Assessed Value $194,820 Land Value $40,200 Improvement Value $154,620 Tax Amount $2,717.54 Change Rate +0.08985% Assessed CR Tax Rate +0.013949%
Year 2022 Assessed Value $194,820 Land Value $40,200 Improvement Value $154,620 Tax Amount $2,493.5 Change Rate +0.00471% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $194,820 Land Value $40,200 Improvement Value $154,620 Tax Amount $2,481.81 Change Rate +0.024115% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $194,820 Land Value $40,200 Improvement Value $154,620 Tax Amount $2,423.37 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $194,820 Land Value $40,200 Improvement Value $154,620 Tax Amount $2,423.37 Change Rate +0.250539% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $142,857 Land Value $36,850 Improvement Value $106,007 Tax Amount $1,937.86 Change Rate +0.007434% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $142,857 Land Value $36,850 Improvement Value $106,007 Tax Amount $1,923.56 Change Rate +0.03489% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $142,857 Land Value $36,850 Improvement Value $106,007 Tax Amount $1,858.71 Change Rate -0.101% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $149,356 Land Value $31,000 Improvement Value $118,356 Tax Amount $2,067.53 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $149,356 Land Value $31,000 Improvement Value $118,356 Tax Amount $2,067.53 Change Rate Assessed CR Tax Rate +0.013843%