$1,000,000

1206 Ellis Rd Durham, NC 27703

Estimated payment $5,501/month

Total Views 1,473
0.35 Acre
$2,857,143 Price per Acre
15,246 Sq Ft Lot

About This Lot

City Council just Rezoned!! Incredible Investment Opportunity! Prime location in fast growing area of Durham, perfectly situated between Downtown Durham and RTP. Just minutes in either direction to reach these employment and economic hubs. The property consists of two separate lots at the corner of Ellis and Riddle Roads. Once combined, it will be roughly 1.25 acres and ready to develop. City Council approved plan for 20 residences is in the photo and document section. This sale includes 1202 and 1206 Ellis Rd.

Listing Agent

Peyton Irby

Irby Stinson Realty License #234609 Listed on: 08/27/2025

Co-Listing Agent

paul Stinson

Irby Stinson Realty License #171972

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,382

Lot Details

  • 0.35 Acre Lot
  • Partially Wooded Lot

Schools

  • Eastway Elementary School
  • Shepard Middle School
  • Hillside High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 156867

Property Details

Property Type

Land

Est. Annual Taxes

$2,382

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: City Street, Public Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: 75485
  • Co List Office Phone: 919-621-2929
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: TBD
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Senior Community YN: No
  • Contract Information Lease Term: Month To Month
  • Vegetation Partially Wooded: Yes
  • General Property Information Lot Size Square Feet2: 15246.0
  • General Property Information Lot Size Acres: 0.35
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.35

Utilities

  • Utilities: See Remarks
  • 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 - Hillside
  • Middle Or Junior School: Durham - Shepard

Lot Info

  • Zoning: Residential
  • Lot Dimensions: TBD
  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 156867

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Tax Annual Amount: 2382.28
  • Tax Year: 2024

MLS Schools

  • Elementary School: Durham - Eastway

Map

Range of Values:

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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
2025 $3,018 $304,430 $128,250 $176,180
2024 $2,382 $170,785 $26,960 $143,825
2023 $2,237 $170,785 $26,960 $143,825
2022 $2,186 $170,785 $26,960 $143,825
2021 $2,176 $170,785 $26,960 $143,825
2020 $2,124 $170,785 $26,960 $143,825
2019 $2,124 $170,785 $26,960 $143,825
2018 $1,302 $95,970 $20,220 $75,750
2017 $1,292 $95,970 $20,220 $75,750
2016 $1,249 $95,970 $20,220 $75,750
2015 $917 $66,277 $24,924 $41,353
2014 $917 $66,277 $24,924 $41,353
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2025 08/27/25 For Sale $1,000,000 +354.5% --
12/14/2023 12/14/23 Off Market $220,000 -- --
01/13/2023 01/13/23 Sold $220,000 -8.3% $131 / Sq Ft View Prior Sale
12/26/2022 12/26/22 Pending -- -- --
12/20/2022 12/20/22 For Sale $240,000 0.0% $143 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
12/16/2022 12/16/22 For Sale $240,000 -- $143 / Sq Ft
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $220,000 --
Warranty Deed $150,000 None Available
Warranty Deed $100,000 None Available
Warranty Deed $91,000 --
Deed -- None Available
Warranty Deed $27,000 None Available
Warranty Deed $132,000 --
Warranty Deed $75,000 --
Warranty Deed $25,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $180,000 Commercial
Previous Owner $100,000 Purchase Money Mortgage
Previous Owner $78,000 New Conventional
Previous Owner $118,530 New Conventional
Source: Public Records

Source: Doorify MLS

MLS Number: 10118257

Doorify MLS

APN: 156867