$1,050,000

5520 Novaglen Rd Durham, NC 27712

Estimated payment $5,865/month

Total Views 658
1.32 Acres
$795,455 Price per Acre
57,499 Sq Ft Lot

About This Lot

This is an excellent development opportunity in Durham. This property allows developers and homebuilders to capitalize on an incredibly strong residential sales makrket fueled by a lack of re-sale supply and a general lack of large lot single-family homes.

-By-right development allows for large-lot residential with up to two units per acre
-Strong resales within nearby Treyburn averaging $684,607
-Well and septic lots with mix of conventional, anaerobic drip, and TSII drip systems
-10 minutes/miles to Downtown Durham and Duke University
-Close proximity to RTP and Downtown Durham large employers

Listing Agent

Bill Marlowe

MCV Realty, LLC License #287034

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $43

Lot Details

  • 1.32 Acre Lot
  • Lot Dimensions are 200x285
  • The property's road front is unimproved
  • Wooded Lot

Schools

  • Little River Elementary School
  • Lucas Middle School
  • Northern High School

Utilities

  • Well Required
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • Northwood Forest Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$43

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Unimproved
  • Road Surface Type: Unimproved
  • Subdivision Name: Northwood Forest
  • General Property Information Lot Size Dimensions: 200x285
  • Vegetation Wooded2: Yes
  • Water Source Need Well: Yes
  • Utilities Septic Available: Yes
  • General Property Information Lot Size Square Feet2: 57499.0
  • Road Frontage Type Unimproved2: Yes
  • General Property Information Lot Size Acres: 1.32
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.32

Utilities

  • Utilities: Septic Available
  • Water Source: Need Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Durham - Northern
  • Middle Or Junior School: Durham - Lucas

Lot Info

  • Lot Dimensions: 200x285
  • Lot Size Sq Ft: 57499.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 43.03
  • Tax Year: 2024
  • Tax Map Number: 030-033

MLS Schools

  • Elementary School: Durham - Little River

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $43 $4,658 $4,658 $0
2023 $41 $4,658 $4,658 $0
2022 $39 $4,658 $4,658 $0
2021 $39 $4,658 $4,658 $0
2020 $39 $4,658 $4,658 $0
2019 $39 $4,658 $4,658 $0
2018 $34 $3,776 $3,776 $0
2017 $33 $3,776 $3,776 $0
2016 $32 $3,776 $3,776 $0
2015 $32 $3,503 $3,503 $0
2014 $32 $3,503 $3,503 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 For Sale $1,050,000 -- --
Source: Doorify MLS

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $120,000 --
Source: Public Records

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Source: Doorify MLS

MLS Number: 10085317

Doorify MLS

APN: 186381