3509 Gorman Church Rd Durham, NC 27704
Northeast Durham NeighborhoodEstimated payment $7,738/month
Highlights
- 4 Acre Lot
- No HOA
- Natural State Vegetation
- Partially Wooded Lot
About This Lot
If you're looking for a great investment or commercial development tract this is it. Located next to I 85 at the Red Mill Rd. exit, the sellers are selling 4 +/- acres out of an 8.96 acre parcel (171204). There is a rental house on part of the property and that is not for sale. The 4 acres for sale is the southern 4 acres of the parcel. A survey will need to be done to separate the parcels. Water and sewer are at the intersection of Red Mill Rd. and Gorman Church Rd, less than 100 yards from the property. Additional acreage can possibly be bought just north of the house. See the map in the pictures for the shaded areas.
Durham downtown is just a few miles away. RDU is less than 20 minutes and Falls Lake is less than 10 minutes.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,600
Year Built
- 1920
Lot Details
- 4 Acre Lot
- Lot Dimensions are 650' x 425'
- Natural State Vegetation
- Partially Wooded Lot
- Property is zoned RR
Schools
- Glenn Elementary School
- Neal Middle School
- Southern High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0853-55-3733
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,761 | $262,491 | $113,446 | $149,045 |
| 2023 | $2,594 | $262,491 | $113,446 | $149,045 |
| 2022 | $2,478 | $262,491 | $113,446 | $149,045 |
| 2021 | $2,217 | $262,491 | $113,446 | $149,045 |
| 2020 | $2,191 | $262,491 | $113,446 | $149,045 |
| 2019 | $2,191 | $262,491 | $113,446 | $149,045 |
| 2018 | $1,813 | $198,682 | $89,910 | $108,772 |
| 2017 | $1,793 | $198,682 | $89,910 | $108,772 |
| 2016 | $1,738 | $198,682 | $89,910 | $108,772 |
| 2015 | $1,065 | $99,393 | $64,435 | $34,958 |
| 2014 | $1,065 | $99,393 | $64,435 | $34,958 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | Price Changed | $1,350,000 | -10.0% | -- |
| 08/12/2024 08/12/24 | For Sale | $1,500,000 | -- | -- |
Source: Doorify MLS
MLS Number: 10046453
APN: 171204
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