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707 Gerard St; Durham, NC Property Details

707 Gerard St, Durham, NC is a Single Family that was built in 1925. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 707 Gerard St has 2 bedrooms, and 2.5 bathrooms, and a total of 1,256 square feet. The lot size of 707 Gerard St is 7,405 square feet.

Off market
707 Gerard St Durham, NC 27701
$265,125 Listing Price
2 Beds
2.5 Baths
1,256 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1925
  • Purchase Price: $265,500
  • Open Loans / Balance: 1 / $336,000
  • Est. Equity / %: $60,000 / 15.15%
  • Gross Yield: 7.921%
  • APN: 114039
  • Situs County: Durham
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,256/SqFt
  • Lot: 7,405/SqFt
  • Living: 1,256/SqFt
  • Building: 1,256/SqFt
  • Price Per Square Foot: $211.39

Legal Description

  • Description: FITZGERALD TRACT/LT#08 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: 35.995922 / -78.91904
  • Subdivision: Fitzgerald Tract
  • Property Class: Residential
  • Zoning: RU-5(2)
  • County Use Code: 111

Amenities

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

Ownership Info

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

Taxes

707 Gerard St has 10 associated Taxes items

707 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 $452,817. The APN we've located for 707 Gerard St is 114039.

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Taxes
  • Assessed Value:  $452,817
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  114039
  • Assessed Land Value:  234000
  • Market Land Value:  234000
  • Tax Amount:  4488.77
  • Tax Year:  2025
  • Market Value:  452817
  • Market Year:  2025

Tax History

707 Gerard St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $452,817 Land Value $234,000 Improvement Value $218,817 Tax Amount $4,488.77 Change Rate +1.548714% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $126,259 Land Value $72,937 Improvement Value $53,322 Tax Amount $1,761.19 Change Rate +0.06489% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $126,259 Land Value $72,937 Improvement Value $53,322 Tax Amount $1,653.87 Change Rate +0.023441% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $126,259 Land Value $72,937 Improvement Value $53,322 Tax Amount $1,615.99 Change Rate +0.004713% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $126,259 Land Value $72,937 Improvement Value $53,322 Tax Amount $1,608.41 Change Rate +0.024113% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $126,259 Land Value $72,937 Improvement Value $53,322 Tax Amount $1,570.54 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $126,259 Land Value $72,937 Improvement Value $53,322 Tax Amount $1,570.54 Change Rate +0.587527% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $72,930 Land Value $29,175 Improvement Value $43,755 Tax Amount $989.3 Change Rate +0.007434% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $72,930 Land Value $29,175 Improvement Value $43,755 Tax Amount $982 Change Rate +0.034893% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $72,930 Land Value $29,175 Improvement Value $43,755 Tax Amount $948.89 Change Rate +3.495192% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $15,249 Land Value $15,249 Improvement Value Tax Amount $211.09 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $15,249 Land Value $15,249 Improvement Value Tax Amount $211.09 Change Rate Assessed CR Tax Rate +0.013843%