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$299,000
Listing Price5beds
2baths
1,400sqft
13,939sqft lot
306 N Driver St, Durham, NC 27703
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Full foreclosure details
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For Sale
Home type
Price / sqft
Year built
Home Details
Dont miss this incredible opportunity for development in the East Durham Historic District, less than two miles from downtown Durham. This historic home currently operates as a rooming house with five income generating bedrooms sharing two full baths and yielding approximately $3,000 a month. However, with the 2024 changes to the Durham UDO and the affordable housing bonus program, there is now considerable opportunity for a myriad of unique development options on this nearly-.32 acre lot. A feasibility study was completed in May 2023 in anticipation of the then-proposed UDO revisions, which study provides a diverse range of potential options, including multi-story development, for this property.
Interior Details
1400
5
2
Has Heating:
Yes
Heating Type:
Space
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
No Basement
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
13939
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Ranch
Wood Siding
N/A
N/A
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$1,066
$29,587
$56,183
--%
$85,770
2019
$1,066
$29,587
$56,183
--%
$85,770
2018
$851
$16,462
$46,319
--%
$62,781
2017
$845
$16,462
$46,319
--%
$62,781
2016
$816
$16,462
$46,319
--%
$62,781
2014
$706
$14,447
$36,568
--%
$51,015
2013
$684
$14,447
$36,568
--%
$51,015
2012
$669
$14,447
$36,568
--%
$51,015
Average Home Price in 27703
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Details for 306 N DRIVER ST
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Guides for Driver St
The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.
