518 Morehead Ave Unit 125 Durham, NC 27707
Estimated payment $6,724/month
Highlights
- Fitness Center
- Remodeled in 2027
- Contemporary Architecture
- Lakewood Montessori Middle School Rated A-
- Clubhouse
- 4-minute walk to American Tobacco Trail - Downtown Durham
About This Home
Introducing Elm Hill, a new townhome-style condo community situated in the heart of Durham's historic Morehead Hill neighborhood. Featuring a diverse range of floor plans and exemplary amenities right at your doorstep, Elm Hill offers the ease of condo living paired with a true neighborhood feel. The C2 floor plan offers 3 bedrooms, 3.5 bathrooms, with 2 additional bonus/flex rooms. Each residence includes a private rooftop terrace, providing owners an opportunity to arrange their dream garden, bask in the morning sunshine, or stargaze with the benefit of the occasional firework show from the nearby Durham Bulls Athletic Park. Inside, you'll find thoughtfully curated finishes representing a delicate balance of tradition and modernity. The community itself features a private clubhouse replete with a state-of-the-art fitness center, a formal yoga studio, co-working spaces, a dog park, and ample space for any social gathering. Each home is equipped with a private garage and tandem second parking space, encircled by lush greenspaces throughout. Elm Hill's central location makes a trip to Raleigh or Chapel Hill a breeze, with the very best that Downtown Durham has to offer just down the street. Contact our team today to learn more about this exclusive opportunity to own a piece of Durham history reimagined.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,463
Year Built
- Remodeled in 2027
HOA Fees
- $371 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- Home is estimated to be completed on 3/31/27
- Contemporary Architecture
- Transitional Architecture
- Traditional Architecture
- Modernist Architecture
- Slab Foundation
- Shingle Roof
- Cement Siding
Interior Spaces
- 2,179 Sq Ft Home
- 4-Story Property
- Gas Range
- Washer and Dryer
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Morehead Elementary School
- Lakewood Montessori Middle School
- Jordan High School
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 114834
Community Details
Overview
- Association fees include ground maintenance, maintenance structure
- Elm Hill HOA
Amenities
- Clubhouse
- Meeting Room
Recreation
- Fitness Center
- Dog Park
Map
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 |
|---|---|---|---|---|
| 2025 | $53,601 | $5,407,100 | $5,407,100 | $0 |
| 2024 | $10,463 | $750,112 | $750,112 | $0 |
| 2023 | $9,826 | $750,112 | $750,112 | $0 |
| 2022 | $9,601 | $750,112 | $750,112 | $0 |
| 2021 | $9,556 | $750,112 | $750,112 | $0 |
| 2020 | $9,331 | $720,534 | $720,534 | $0 |
| 2019 | $8,963 | $720,534 | $720,534 | $0 |
| 2018 | $5,585 | $411,734 | $411,734 | $0 |
| 2017 | $5,544 | $411,734 | $411,734 | $0 |
| 2016 | $5,357 | $411,734 | $411,734 | $0 |
| 2015 | $5,067 | $366,060 | $366,060 | $0 |
| 2014 | $5,067 | $366,060 | $366,060 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/27/2025 10/27/25 | For Sale | $1,045,000 | -- | $480 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | None Listed On Document | |
| Special Warranty Deed | $3,200,000 | None Listed On Document | |
| Special Warranty Deed | $3,200,000 | None Listed On Document | |
| Special Warranty Deed | $5,100,000 | Metro Title Company | |
| Special Warranty Deed | $4,000,000 | None Available | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $25,000 | Commercial | |
| Previous Owner | $476,000 | No Value Available |
Source: Doorify MLS
MLS Number: 10129900
APN: 114834
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