306 N Driver St Durham, NC 27703
East Durham NeighborhoodEstimated payment $1,687/month
Total Views
15,960
5
Beds
2
Baths
1,431
Sq Ft
$209
Price per Sq Ft
Highlights
- Airport or Runway
- Loft
- Covered patio or porch
- Wood Flooring
- No HOA
- Window Unit Cooling System
About This Home
Don't 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,196
Year Built
- Built in 1900
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 53x251x53x262
- Rectangular Lot
- Level Lot
- Property is zoned RES/ 1-FAMILY
Parking
- On-Street Parking
Home Design
- Bungalow
- Brick Foundation
- Shingle Roof
- Asphalt Roof
- Wood Siding
Interior Spaces
- 1,431 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Loft
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Covered patio or porch
Schools
- Y E Smith Elementary School
- Brogden Middle School
- Riverside High School
Utilities
- Window Unit Cooling System
- Central Air
- Heating System Uses Natural Gas
- Natural Gas Connected
Community Details
- No Home Owners Association
- Airport or Runway
Listing and Financial Details
- Assessor Parcel Number 112535
Map
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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 | $1,196 | $85,770 | $29,587 | $56,183 |
| 2023 | $1,124 | $85,770 | $29,587 | $56,183 |
| 2022 | $1,098 | $85,770 | $29,587 | $56,183 |
| 2021 | $1,093 | $85,770 | $29,587 | $56,183 |
| 2020 | $1,067 | $85,770 | $29,587 | $56,183 |
| 2019 | $1,067 | $85,770 | $29,587 | $56,183 |
| 2018 | $852 | $62,781 | $16,462 | $46,319 |
| 2017 | $845 | $62,781 | $16,462 | $46,319 |
| 2016 | $817 | $62,781 | $16,462 | $46,319 |
| 2015 | $706 | $51,015 | $14,447 | $36,568 |
| 2014 | $631 | $51,015 | $14,447 | $36,568 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | Pending | -- | -- | -- |
| 02/28/2025 02/28/25 | For Sale | $299,000 | -- | $209 / Sq Ft |
Source: Doorify MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Fidelity Natl Title | |
| Warranty Deed | $17,000 | None Available | |
| Quit Claim Deed | -- | Madison Title Agency Llc | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | $5,000 | Madison Title Agency Llc | |
| Trustee Deed | $71,277 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $55,000 | Unknown |
Source: Public Records
Similar Homes in Durham, NC
Source: Doorify MLS
MLS Number: 10079324
APN: 112535
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