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8 Madrid Ln; Durham, NC Property Details

8 Madrid Ln, Durham, NC is a Single Family that was built in 1988. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 8 Madrid Ln has 3 bedrooms, and 2 bathrooms, and a total of 2,113 square feet. The lot size of 8 Madrid Ln is 10,019 square feet.

Off market
8 Madrid Ln Durham, NC 27704
$240,000 Listing Price
3 Beds
2 Baths
2,113 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1988
  • Purchase Price: $110,000
  • Est. Equity / %: $364,000 / 100%
  • Gross Yield: 7.312%
  • APN: 127684
  • Situs County: Durham
  • Length Of Ownership: 14 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 2,113/SqFt
  • Lot: 10,019/SqFt
  • Living: 2,113/SqFt
  • Building: 2,113/SqFt
  • Ground: 1,560/SqFt
  • Price Per Square Foot: $52.06

Legal Description

  • Description: MYRTLE WOODS/LT#04 GR PT PL:000117-000046
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: 36.056824 / -78.91371
  • Subdivision: Myrtle Wds Sub
  • Property Class: Residential
  • Zoning: RS-10
  • County Use Code: 111

Amenities

  • Plus Four: 1785
  • Bathroom Fixtures: 8
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Yes

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

8 Madrid Ln has no associated ownership info
8 Madrid Ln has no associated ownership info.

Taxes

8 Madrid Ln has 10 associated Taxes items

8 Madrid 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 $389,236. The APN we've located for 8 Madrid Ln is 127684.

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Taxes
  • Assessed Value:  $389,236
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  127684
  • Assessed Land Value:  110700
  • Market Land Value:  110700
  • Tax Amount:  3858.49
  • Tax Year:  2025
  • Market Value:  389236
  • Market Year:  2025

Tax History

8 Madrid Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $389,236 Land Value $110,700 Improvement Value $278,536 Tax Amount $3,858.49 Change Rate +0.165249% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $237,386 Land Value $37,020 Improvement Value $200,366 Tax Amount $3,311.3 Change Rate +0.327041% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $190,492 Land Value $37,020 Improvement Value $153,472 Tax Amount $2,495.25 Change Rate +0.02344% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $190,492 Land Value $37,020 Improvement Value $153,472 Tax Amount $2,438.1 Change Rate +0.00471% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $190,492 Land Value $37,020 Improvement Value $153,472 Tax Amount $2,426.67 Change Rate +0.024114% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $190,492 Land Value $37,020 Improvement Value $153,472 Tax Amount $2,369.53 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $190,492 Land Value $37,020 Improvement Value $153,472 Tax Amount $2,369.53 Change Rate +0.150358% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $151,848 Land Value $30,850 Improvement Value $120,998 Tax Amount $2,059.82 Change Rate +0.007429% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $151,848 Land Value $30,850 Improvement Value $120,998 Tax Amount $2,044.63 Change Rate +0.034894% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $151,848 Land Value $30,850 Improvement Value $120,998 Tax Amount $1,975.69 Change Rate -0.029503% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $147,060 Land Value $30,800 Improvement Value $116,260 Tax Amount $2,035.75 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $147,060 Land Value $30,800 Improvement Value $116,260 Tax Amount $2,035.75 Change Rate Assessed CR Tax Rate +0.013843%