$275,000
SOLD MAY 5, 2025

111 Spring St Durham, NC 27703

Bethesda Neighborhood
0.5 Acre
$550,000 Price per Acre
21,780 Sq Ft Lot

Recently Sold

8% Below List Price

110 Days on Market

About This Lot

As of May 2025

Prime Building Opportunity Near RTP and RDU! Discover this nearly 1/2-acre building lot in a highly convenient location, just minutes from RTP and RDU Airport. Offering incredible potential, this parcel can be divided smaller lots. Utilities are already in place, with water and sewer available at the street. The lot features a fairly level topography, perfect for your next project. Whether you're a builder, investor, or future homeowner, this property is a rare find.
Don't miss out—call the listing agent today for more details!

Last Agent to Sell the Property

Yolanda Perez

NorthGroup Real Estate, Inc. License #328454 Listed on: 12/08/2024

NorthGroup Real Estate, Inc.

Last Buyer's Agent

Yolanda Perez

Xcala Realty License #328454

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $312

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100x217
  • Interior Lot
  • Level Lot
  • Cleared Lot

Schools

  • Bethesda Elementary School
  • Brogden Middle School
  • Durham School Of The Arts High School

Community Details

  • No Home Owners Association
  • Arey Spring Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0840376242

Property Details

Property Type

Land

Est. Annual Taxes

$312

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Horses: No
  • Road Frontage Type: Public Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Arey Spring Park
  • General Property Information Lot Size Dimensions: 100x217
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Prime Building Opportunity Near RTP and RDU! Discover this nearly 1/2-acre building lot in a highly convenient location, just minutes from RTP and RDU Airport. Offering incredible potential, this parcel can be divided into smaller lots. Utilities are already in place, with water and sewer available at the street. The lot features a fairly level topography, perfect for your next project. Whether you're a builder, investor, or future homeowner, this property is a rare find. Don't miss out—call the listing agent today for more details!
  • General Property Information Senior Community YN: No
  • General Property Information Horse YN2: No
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Vegetation Cleared2: Yes
  • General Property Information Lot Size Square Feet2: 21780.0
  • General Property Information Lot Size Acres: 0.5
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.5
  • Lot Features:Level: Yes
  • Lot Features:Interior Lot: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Durham - Durham School of the Arts
  • Middle Or Junior School: Durham - Brogden

Lot Info

  • Lot Dimensions: 100x217
  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0840376242
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 312.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Durham - Bethesda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2024
Closed on
Apr 16, 2025
Sold by
Flores Alma Yanet Perez and Miranda Fermin Gualberto
Bought by
Delta Investment Group Llc
Seller's Agent
Yolanda Perez
NorthGroup Real Estate, Inc.
Buyer's Agent
Yolanda Perez
NorthGroup Real Estate, Inc.
List Price
$299,999
Sold Price
$275,000
Premium/Discount to List
-$24,999
-8.33%
Views
38
Current Estimated Value
$276,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,768
Avg. Annual Appreciation
1.01%

Purchase Details

Closed on
Jul 16, 2018
Sold by
Rangel Magdaleno and Cruz Teresa Ortiz
Bought by
Perez Flores Alma Yanet

Purchase Details

Closed on
May 29, 2013
Sold by
Perez Dora Rosana Hernandez
Bought by
Cruz Teresa Otiz and Rangel Magdaleno

Purchase Details

Closed on
Aug 9, 2011
Sold by
Dsg Builders Inc
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Dec 8, 2005
Sold by
Sherron Acres Free Will Baptist Church
Bought by
Dsg Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $275,000 None Listed On Document
Warranty Deed $36,500 None Available
Warranty Deed $15,000 None Available
Trustee Deed $8,800 None Available
Warranty Deed $26,000 Bb&T
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $26,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2025 05/05/25 Sold $275,000 -1.8% --
03/28/2025 03/28/25 Pending -- -- --
03/18/2025 03/18/25 Price Changed $280,000 -6.7% --
12/08/2024 12/08/24 For Sale $299,999 -- --
Source: Doorify MLS

Tax History Compared to Growth

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
2025 $1,034 $104,300 $104,300 $0
2024 $312 $22,365 $22,365 $0
2023 $293 $22,365 $22,365 $0
2022 $286 $22,365 $22,365 $0
2021 $285 $22,365 $22,365 $0
2020 $278 $22,365 $22,365 $0
2019 $278 $22,365 $22,365 $0
2018 $405 $29,820 $29,820 $0
2017 $402 $29,820 $29,820 $0
2016 $388 $29,820 $29,820 $0
2015 $301 $21,773 $21,773 $0
2014 $301 $21,773 $21,773 $0
Source: Public Records

Agents Affiliated with this Home

  • Yolanda Perez

    Seller's Agent in 2025

    Yolanda Perez

    NorthGroup Real Estate, Inc.

    (919) 398-0203

    1 in this area

    45 Total Sales

    Yolanda Perez
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Map

Source: Doorify MLS

MLS Number: 10066502

Doorify MLS

APN: 158362

North Carolina Durham County Durham 27703 Bethesda

111 Spring St, Durham, NC

Sold

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