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708 Gerard St; Durham, NC Property Details

708 Gerard St, Durham, NC is a Single Family that was built in 1940. This property is currently Financed,New Construction and is not for sale. Our records show that 708 Gerard St has 2 bedrooms, and 3 bathrooms, and a total of 1,625 square feet. The lot size of 708 Gerard St is 6,098 square feet.

Off market
708 Gerard St Durham, NC 27701
$615,000 Listing Price
2 Beds
3 Baths
1,625 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1940
  • Purchase Price: $615,000
  • Open Loans / Balance: 1 / $453,328
  • Est. Equity / %: $159,672 / 26.05%
  • Gross Yield: 6.129%
  • APN: 114064
  • Situs County: Durham
  • Length Of Ownership: 4 years, 4 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Total Rooms: 3
  • Partial Bathrooms: 2

Structure

  • Building Style: Wood
  • Stories: 1
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 1,625/SqFt
  • Lot: 6,098/SqFt
  • Living: 1,625/SqFt
  • Building: 1,625/SqFt
  • Ground: 1,000/SqFt
  • Price Per Square Foot: $378.46

Legal Description

  • Description: FITZGERALD TRACT/LT#40-41 N PT 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: 35.995907 / -78.91962
  • Subdivision: Fitzgerald Tract
  • Property Class: Residential
  • Zoning: RU-5(2)
  • County Use Code: 111

Amenities

  • Plus Four: 3037
  • Bathroom Fixtures: 5
  • Heating: Floor/Wall

Ownership Info

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

Taxes

708 Gerard St has 10 associated Taxes items

708 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 $543,949. The APN we've located for 708 Gerard St is 114064.

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Taxes
  • Assessed Value:  $543,949
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  114064
  • Assessed Land Value:  228000
  • Market Land Value:  228000
  • Tax Amount:  5392.17
  • Tax Year:  2025
  • Market Value:  543949
  • Market Year:  2025

Tax History

708 Gerard St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $543,949 Land Value $228,000 Improvement Value $315,949 Tax Amount $5,392.17 Change Rate +0.076032% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $359,249 Land Value $71,250 Improvement Value $287,999 Tax Amount $5,011.16 Change Rate +0.06489% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $359,249 Land Value $71,250 Improvement Value $287,999 Tax Amount $4,705.8 Change Rate +2.337068% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $110,177 Land Value $71,250 Improvement Value $38,927 Tax Amount $1,410.16 Change Rate +0.012835% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $109,294 Land Value $71,250 Improvement Value $38,044 Tax Amount $1,392.29 Change Rate +0.024112% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $109,294 Land Value $71,250 Improvement Value $38,044 Tax Amount $1,359.51 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $109,294 Land Value $71,250 Improvement Value $38,044 Tax Amount $1,359.51 Change Rate +0.29744% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $77,246 Land Value $28,500 Improvement Value $48,746 Tax Amount $1,047.84 Change Rate Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $77,246 Land Value $28,500 Improvement Value $48,746 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $77,246 Land Value $28,500 Improvement Value $48,746 Tax Amount $1,005.05 Change Rate +0.253305% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $57,930 Land Value $14,191 Improvement Value $43,739 Tax Amount $801.92 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $57,930 Land Value $14,191 Improvement Value $43,739 Tax Amount $801.92 Change Rate Assessed CR Tax Rate +0.013843%