
5520 Novaglen Rd Durham, NC 27712
Estimated payment $5,865/month
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
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
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 | $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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/28/2025 03/28/25 | For Sale | $1,050,000 | -- | -- |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Special Warranty Deed | $120,000 | -- |
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Source: Doorify MLS
MLS Number: 10085317

APN: 186381
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