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601 Folsom Ln; Durham, NC Property Details

601 Folsom Ln, Durham, NC is a Garden Apt 5+ Units that was built in 2003. This property is currently Financed and is not for sale. Our records show that 601 Folsom Ln has a total of 11,670 square feet. The lot size of 601 Folsom Ln is 1,797,721 square feet.

Off market
3000 Folsom Ln Morrisville, NC 27560
$102,739,813 Estimated Value
11,670 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2003
  • Purchase Price: $121,900,000
  • Open Loans / Balance: 1 / $42,876,482
  • APN: 157381
  • Situs County: Durham
  • Length Of Ownership: 4 years, 7 months

Structure

  • Stories: 1
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 11,670/SqFt
  • Lot: 1,797,721/SqFt
  • Living: 11,670/SqFt
  • Building: 11,670/SqFt
  • Ground: 4,374/SqFt
  • Price Per Square Foot: $10445.59

Legal Description

  • Description: PROP-SCHNEIDER KATHLEEN M DBA/INDIGO APTS PL:000150-000075
Building Insights

Land Information

  • Property Type: Garden Apt 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.923416 / -78.81104
  • Property Class: Residential
  • Zoning: RS-M(D)
  • County Use Code: 411

Amenities

  • Plus Four: 7498
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Yes

Ownership Info

3000 Folsom Ln has no associated ownership info
3000 Folsom Ln has no associated ownership info.

Taxes

3000 Folsom Ln has 10 associated Taxes items

601 Folsom Ln, 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 $102,739,813. The APN we've located for 601 Folsom Ln is 157381.

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Taxes
  • Assessed Value:  $102,739,813
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  157381
  • Assessed Land Value:  24300000
  • Market Land Value:  24300000
  • Tax Amount:  1018459.77
  • Tax Year:  2025
  • Market Value:  102739813
  • Market Year:  2025

Tax History

3000 Folsom Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $102,739,813 Land Value $24,300,000 Improvement Value $78,439,813 Tax Amount $1,018,459.75 Change Rate +0.439544% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $50,719,617 Land Value $7,290,000 Improvement Value $43,429,617 Tax Amount $707,487.94 Change Rate +0.06489% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $50,719,617 Land Value $7,290,000 Improvement Value $43,429,617 Tax Amount $664,376.25 Change Rate +0.023439% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $50,719,617 Land Value $7,290,000 Improvement Value $43,429,617 Tax Amount $649,160.38 Change Rate +0.00471% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $50,719,617 Land Value $7,290,000 Improvement Value $43,429,617 Tax Amount $646,117.19 Change Rate +0.024118% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $50,719,617 Land Value $7,290,000 Improvement Value $43,429,617 Tax Amount $630,901.31 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $50,719,617 Land Value $7,290,000 Improvement Value $43,429,617 Tax Amount $630,901.31 Change Rate +0.356316% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $34,291,036 Land Value $7,290,000 Improvement Value $27,001,036 Tax Amount $465,157.91 Change Rate +0.007427% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $34,291,036 Land Value $7,290,000 Improvement Value $27,001,036 Tax Amount $461,728.81 Change Rate +0.034894% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $34,291,036 Land Value $7,290,000 Improvement Value $27,001,036 Tax Amount $446,160.66 Change Rate +0.148512% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $28,062,451 Land Value $4,860,000 Improvement Value $23,202,451 Tax Amount $388,468.5 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $28,062,451 Land Value $4,860,000 Improvement Value $23,202,451 Tax Amount $388,468.5 Change Rate Assessed CR Tax Rate +0.013843%