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706 Gerard St; Durham, NC Property Details

706 Gerard St, Durham, NC is a Single Family that was built in 2015. This property is currently Financed and is not for sale. Our records show that 706 Gerard St has 3 bedrooms, and 2 bathrooms, and a total of 1,338 square feet. The lot size of 706 Gerard St is 5,227 square feet.

Off market
706 Gerard St Durham, NC 27701
$27,000 Listing Price
3 Beds
2 Baths
1,338 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2015
  • Purchase Price: $236,500
  • Open Loans / Balance: 1 / $143,978
  • Est. Equity / %: $352,022 / 70.97%
  • Gross Yield: 6.924%
  • APN: 114065
  • Situs County: Durham
  • Length Of Ownership: 10 years, 4 months

Rooms

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

Structure

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

Measurements

  • Total: 1,338/SqFt
  • Lot: 5,227/SqFt
  • Living: 1,338/SqFt
  • Building: 1,338/SqFt
  • Price Per Square Foot: $176.76

Legal Description

  • Description: FITZGERALD TRACT/LT#38 PL:00003A-000061
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: 35.996048 / -78.91957
  • Subdivision: Fitzgerald Tract
  • Property Class: Residential
  • Zoning: RU-5(2)
  • County Use Code: 111

Amenities

  • Plus Four: 3037
  • Cooling: Yes
  • Heating: Yes

Ownership Info

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

Taxes

706 Gerard St has 10 associated Taxes items

706 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 $494,383. The APN we've located for 706 Gerard St is 114065.

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Taxes
  • Assessed Value:  $494,383
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  114065
  • Assessed Land Value:  224000
  • Market Land Value:  224000
  • Tax Amount:  4900.82
  • Tax Year:  2025
  • Market Value:  494383
  • Market Year:  2025

Tax History

706 Gerard St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $494,383 Land Value $224,000 Improvement Value $270,383 Tax Amount $4,900.82 Change Rate +0.084399% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $323,994 Land Value $70,187 Improvement Value $253,807 Tax Amount $4,519.39 Change Rate +0.064892% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $323,994 Land Value $70,187 Improvement Value $253,807 Tax Amount $4,243.99 Change Rate +0.023437% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $323,994 Land Value $70,187 Improvement Value $253,807 Tax Amount $4,146.8 Change Rate +0.00471% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $323,994 Land Value $70,187 Improvement Value $253,807 Tax Amount $4,127.36 Change Rate +0.024116% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $323,994 Land Value $70,187 Improvement Value $253,807 Tax Amount $4,030.17 Change Rate -0.039594% Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $337,352 Land Value $70,187 Improvement Value $267,165 Tax Amount $4,196.32 Change Rate +1.144547% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $144,249 Land Value $28,075 Improvement Value $116,174 Tax Amount $1,956.74 Change Rate +0.007429% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $144,249 Land Value $28,075 Improvement Value $116,174 Tax Amount $1,942.31 Change Rate +0.295789% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $115,206 Land Value $28,075 Improvement Value $87,131 Tax Amount $1,498.94 Change Rate Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $13,270 Land Value $13,270 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $13,270 Land Value $13,270 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate