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$545,000
Listing Price4beds
2.5baths
2,420sqft
12,632sqft lot
505 Nichols Farm Dr, Durham, NC 27703
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Home type
Price / sqft
Year built
Home Details
Come experience the beauty that is 505 Nichols Farm Drive in Durham's prestigious Grove Park neighborhood! This generously sized 4BR/2.5BA gem has an abundance of living spaces to accommodate everyone from overnight guests to multigenerational families. The sellers have spared no expense making numerous improvements including a new roof (2016), water heater (2020), HVAC components (2015/2020), double hung energy efficient windows (2021), custom wrap around deck & concrete patio (2025), primary bathroom remodel, extensive landscaping and SO much more! Your $65 monthly HOA fee grants you access to the community pool, gym, pickleball, tennis & basketball courts, walking trail, beach volleyball, playground, and lake. Practice your swing and hit the links at The Crossings Golf Club just around the corner (not included in monthly HOA fee). Shopping in Brier Creek, dining in downtown Durham, working in RTP, and flying out of RDU are all within a short 15-20 minute commute. Opportunities like this don't come around too often so don't miss out! (NOTE: 524 sq ft third floor finished without permits by previous owner included in total square footage)
Interior Details
2420
4
2.5
Has Heating:
Yes
Heating Type:
Yes
Has Cooling:
Yes
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
12632
Yes
Yes
Type:
Garage, Attached
Location:
N/A
Status:
N/A
Number of Spaces:
2
No
No
No
No
No
No
No
Construction Details
Colonial
Wood Siding
N/A
N/A
Asphalt
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$3,111
$48,262
$201,886
--%
$250,148
2019
$3,108
$48,262
$201,628
--%
$249,890
2018
$2,756
$35,392
$167,817
--%
$203,209
2017
$2,736
$35,392
$167,817
--%
$203,209
2016
$2,643
$35,392
$167,817
--%
$203,209
2014
$3,047
$40,979
$179,150
--%
$220,129
2013
$2,953
$40,979
$179,150
--%
$220,129
2012
$2,887
$40,979
$179,150
--%
$220,129
Average Home Price in 27703
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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.





