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705 Gerard St; Durham, NC Property Details

705 Gerard St, Durham, NC is a Single Family that was built in 2016. This property is currently Financed and is not for sale. Our records show that 705 Gerard St has 3 bedrooms, and 2 bathrooms, and a total of 1,448 square feet. The lot size of 705 Gerard St is 7,405 square feet.

Off market
705 Gerard St Durham, NC 27701
$485,000 Listing Price
3 Beds
2 Baths
1,448 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2016
  • Purchase Price: $485,000
  • Open Loans / Balance: 1 / $388,076
  • Est. Equity / %: $110,924 / 22.23%
  • Gross Yield: 7.226%
  • APN: 215445
  • Situs County: Durham
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1.5

Measurements

  • Total: 1,448/SqFt
  • Lot: 7,405/SqFt
  • Living: 1,448/SqFt
  • Building: 1,448/SqFt
  • Price Per Square Foot: $334.94

Legal Description

  • Description: PROP-SELF HELP VENTURES F UND/LT#02 PL:000192-000323
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: 35.99605 / -78.91895
  • Subdivision: Fitzgerald Tract
  • Property Class: Residential
  • Zoning: RU-5(2)
  • County Use Code: 111

Amenities

  • Plus Four: 3036
  • Cooling: Yes
  • Heating: Yes

Ownership Info

705 Gerard St has no associated ownership info
705 Gerard St has no associated ownership info.

Taxes

705 Gerard St has 10 associated Taxes items

705 Gerard St, 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 $520,629. The APN we've located for 705 Gerard St is 215445.

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Taxes
  • Assessed Value:  $520,629
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  215445
  • Assessed Land Value:  234000
  • Market Land Value:  234000
  • Tax Amount:  5161
  • Tax Year:  2025
  • Market Value:  520629
  • Market Year:  2025

Tax History

705 Gerard St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $520,629 Land Value $234,000 Improvement Value $286,629 Tax Amount $5,161 Change Rate +0.003073% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $368,857 Land Value $73,250 Improvement Value $295,607 Tax Amount $5,145.19 Change Rate +0.064891% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $368,857 Land Value $73,250 Improvement Value $295,607 Tax Amount $4,831.66 Change Rate +0.023438% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $368,857 Land Value $73,250 Improvement Value $295,607 Tax Amount $4,721.01 Change Rate +0.004712% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $368,857 Land Value $73,250 Improvement Value $295,607 Tax Amount $4,698.87 Change Rate +0.024118% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $368,857 Land Value $73,250 Improvement Value $295,607 Tax Amount $4,588.21 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $368,857 Land Value $73,250 Improvement Value $295,607 Tax Amount $4,588.21 Change Rate +1.266544% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $149,231 Land Value $29,300 Improvement Value $119,931 Tax Amount $2,024.32 Change Rate +0.00743% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $149,231 Land Value $29,300 Improvement Value $119,931 Tax Amount $2,009.39 Change Rate +4.270946% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $29,300 Land Value $29,300 Improvement Value Tax Amount $381.22 Change Rate Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $15,445 Land Value $15,445 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $15,445 Land Value $15,445 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate