NOT LISTED FOR SALE

508 Olive Branch Rd Durham, NC 27703

Eastern Durham Neighborhood

Estimated Value: $90,198 - $526,000

0.47 Acre
$749,574 Price per Acre
20,473 Sq Ft Lot

Sale Details

Date Sold: October 18, 2024

Last sale price $92,000

Est. 283% increase in value since last sale

Current estimated payment $1,994 / mo

17 Days on Market

About This Lot

As of October 2024

Come build your dream home on this sloping basement lot. Not a single tree to clear! This parcel is currently located in Durham COUNTY and can be annexed into the city. Water and sewer are at the rear of the property on Underbrush Dr. Home next door at 512 Olive Branch is also being offered for sale MLS 10050984. Listing agent is owner.

Last Agent to Sell the Property

Collin Brown

Fluent Realty License #277039 Listed on: 09/12/2024

Last Buyer's Agent

Brianda Vargas Martinez

LAS CHICAS REAL ESTATE LLC License #295600

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $558

Lot Details

  • 20,473 Sq Ft Lot
  • Lot Dimensions are 200x98x200x106
  • Lot Sloped Down
  • Cleared Lot

Schools

  • Spring Valley Elementary School
  • Neal Middle School
  • Southern High School

Utilities

  • Perc Test On File For Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Shaw Hill Estates Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$558

Lot Details

0.47 Acres

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Public Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Shaw Hill Estates
  • General Property Information Lot Size Dimensions: 200x98x200x106
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Come build your dream home on this sloping basement lot. Not a single tree to clear! This parcel is currently located in Durham COUNTY and can be annexed into the city. Water and sewer are at the rear of the property on Underbrush Dr. Home next door at 512 Olive Branch is also being offered for sale. Listing agent is owner.
  • Utilities Natural Gas Available: Yes
  • Utilities Water Available: Yes
  • Vegetation Cleared2: Yes
  • Utilities Sewer Available: Yes
  • Development Status Raw Land: Yes
  • Sewer Perc Test On File: Yes
  • General Property Information Lot Size Square Feet2: 20473.2
  • General Property Information Lot Size Acres: 0.47
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Acres: 0.47
  • Lot Features:Cleared: Yes
  • Lot Features:Sloped Down: Yes

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Durham - Southern
  • Middle Or Junior School: Durham - Neal

Lot Info

  • Current Use: Unimproved
  • Development Status: Raw Land, See Remarks
  • Lot Dimensions: 200x98x200x106
  • Lot Size Sq Ft: 20473.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 558.09
  • Tax Year: 2024

MLS Schools

  • Elementary School: Durham - Spring Valley

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Eastern Durham, NC

  • Kenna Phillips Real Estate Agent - Braken, LLC

    Kenna Phillips

    Braken, LLC

    (855) 619-0985

    76 Total Sales

    2 in Eastern Durham

    $395K - $407K Price Range

    Kenna Phillips
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  • Binny Joseph Real Estate Agent - Binny Realty Inc.

    Binny Joseph

    Binny Realty Inc.

    (984) 369-8597

    122 Total Sales

    1 in Eastern Durham

    $584,990 Price

    Binny Joseph
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  • Jeff Stevenson Real Estate Agent - Compass -- Chapel Hill - Durham

    Jeff Stevenson

    Compass -- Chapel Hill - Durham

    (984) 459-7271

    59 Total Sales

    1 in Eastern Durham

    $468,000 Price

    Jeff Stevenson
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  • Melissa White Real Estate Agent

    Melissa White

    (984) 203-6465

    192 Total Sales

    1 in Eastern Durham

    $425,000 Price

    Melissa White
     Section Image
  • Ric Fontenot Real Estate Agent - Long & Foster Real Estate INC/Raleigh

    Ric Fontenot

    Responds Quickly

    Long & Foster Real Estate INC/Raleigh

    (877) 842-9450

    93 Total Sales

    3 in Eastern Durham

    $380K - $475K Price Range

    Ric Fontenot
     Section Image
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $92,000 -16.4% --
09/30/2024 09/30/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $110,000 -- --
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $738 $115,763 $115,763 $0
2024 $558 $60,100 $60,100 $0
2023 $539 $60,100 $60,100 $0
2022 $527 $60,100 $60,100 $0
2021 $527 $60,100 $60,100 $0
2020 $515 $60,100 $60,100 $0
2019 $509 $60,100 $60,100 $0
2018 $406 $44,040 $44,040 $0
2017 $393 $44,040 $44,040 $0
2016 $381 $44,040 $44,040 $0
2015 $279 $30,187 $30,187 $0
2014 $280 $30,187 $30,187 $0
Source: Public Records

Agents Affiliated with this Home

  • Collin Brown Real Estate Agent - Fluent Realty

    Seller's Agent in 2024

    Collin Brown

    Fluent Realty

    (919) 685-6230

    4 in this area

    12 Total Sales

    Collin Brown
    Section Image

  • B

    Buyer's Agent in 2024

    Brianda Vargas Martinez

    LAS CHICAS REAL ESTATE LLC

    (919) 475-2862

    10 in this area

    97 Total Sales

    Brianda Vargas Martinez
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10050985

Doorify MLS

APN: 193381

North Carolina Durham County Durham 27703 Eastern Durham

508 Olive Branch Rd, Durham, NC

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Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

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