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7708 Morrell Ln; Durham, NC Property Details

7708 Morrell Ln, Durham, NC is a Single Family that was built in 2004. This property is currently Financed,New Construction and is not for sale. Our records show that 7708 Morrell Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 2,387 square feet. The lot size of 7708 Morrell Ln is 3,485 square feet.

Off market
7708 Morrell Ln Durham, NC 27713
$485,978 Estimated Value
3 Beds
2.5 Baths
2,387 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2004
  • Purchase Price: $288,500
  • Open Loans / Balance: 1 / $398,955
  • Est. Equity / %: $76,045 / 16.01%
  • Gross Yield: 7.776%
  • APN: 198719
  • Situs County: Durham
  • Length Of Ownership: 21 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 2

Measurements

  • Total: 2,387/SqFt
  • Lot: 3,485/SqFt
  • Living: 2,387/SqFt
  • Building: 2,387/SqFt
  • Ground: 2,058/SqFt
  • Price Per Square Foot: $120.86

Legal Description

  • Description: SOUTHPT TER/PAT HME/PH:01 /LT#45 PL:000161-000156
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: 35.899723 / -78.95688
  • Subdivision: Southpt Ter
  • Property Class: Residential
  • Zoning: PDR 5.270
  • County Use Code: 111

Amenities

  • Plus Four: 6666
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes

HOA

  • H O A One: $116
  • H O A Amount: $116
  • H O A One Frequency: Monthly
  • H O A One Name: Southpoint Terrace Owners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

7708 Morrell Ln has no associated ownership info
7708 Morrell Ln has no associated ownership info.

Taxes

7708 Morrell Ln has 10 associated Taxes items

7708 Morrell 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 $485,978. The APN we've located for 7708 Morrell Ln is 198719.

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Taxes
  • Assessed Value:  $485,978
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  198719
  • Assessed Land Value:  95000
  • Market Land Value:  95000
  • Tax Amount:  4817.5
  • Tax Year:  2025
  • Market Value:  485978
  • Market Year:  2025

Tax History

7708 Morrell Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $485,978 Land Value $95,000 Improvement Value $390,978 Tax Amount $4,817.5 Change Rate +0.119833% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $308,408 Land Value $60,000 Improvement Value $248,408 Tax Amount $4,301.98 Change Rate +0.064891% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $308,408 Land Value $60,000 Improvement Value $248,408 Tax Amount $4,039.83 Change Rate +0.023439% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $308,408 Land Value $60,000 Improvement Value $248,408 Tax Amount $3,947.31 Change Rate +0.004709% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $308,408 Land Value $60,000 Improvement Value $248,408 Tax Amount $3,928.81 Change Rate +0.024117% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $308,408 Land Value $60,000 Improvement Value $248,408 Tax Amount $3,836.29 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $308,408 Land Value $60,000 Improvement Value $248,408 Tax Amount $3,836.29 Change Rate -0.065985% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $302,787 Land Value $40,000 Improvement Value $262,787 Tax Amount $4,107.31 Change Rate +0.007425% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $302,787 Land Value $40,000 Improvement Value $262,787 Tax Amount $4,077.04 Change Rate +0.034895% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $302,787 Land Value $40,000 Improvement Value $262,787 Tax Amount $3,939.57 Change Rate -0.10106% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $316,583 Land Value $51,600 Improvement Value $264,983 Tax Amount $4,382.46 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $316,583 Land Value $51,600 Improvement Value $264,983 Tax Amount $4,382.46 Change Rate Assessed CR Tax Rate +0.013843%