$150,000

Estimated payment $826/month

Total Views 127
0.53 Acre
$283,019 Price per Acre
23,087 Sq Ft Lot

Highlights

  • 0.53 Acre Lot
  • Wooded Lot
  • No HOA

About This Lot

Welcome to a rare opportunity to own one or two prime parcels in one of Durham's most desirable and accessible locations.

Tucked into a quiet residential pocket, 601 and 611 Panama Terrace offer a combined 0.84 acres (.34 and .50 acres individually). The land can be purchased together or separately, giving you flexibility whether you're building your dream home, exploring a multi-home development, or investing in Durham's thriving real estate market.

Enjoy the charm of neighborhood living just around the corner from American Tobacco Trail, The Streets at Southpoint, with top-tier shopping, dining, and entertainment. With easy access to I-40, NC-147, and I-85, commuting to Downtown Durham, RTP, or Chapel Hill is effortless.

Documentation from the City of Durham is available upon request.

Whether you're a homeowner or an investor, this opportunity offers location, flexibility, and long-term value in the heart of the Triangle.

Listing Agent

Davida Hamilton Major

Keller Williams Elite Realty License #339634 Listed on: 08/08/2025

Keller Williams Elite Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $51

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 208.28 x 37.82 x 140.75 x 204.57 x 35
  • The property's road front is unimproved
  • Dirt Road
  • Wooded Lot
  • Property is zoned VAC RES/ LOT-SM

Schools

  • Southwest Elementary School
  • Githens Middle School
  • Jordan High School

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0729-55-8908

Property Details

Property Type

Land

Est. Annual Taxes

$51

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: Unimproved
  • Road Surface Type: Dirt, Gravel
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 208.28 x 37.82 x 140.75 x 204.57 x 35
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Utilities Cable Available: Yes
  • General Property Information Senior Community YN: No
  • Vegetation Wooded2: Yes
  • Utilities Electricity Available: Yes
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • Road Surface Type Gravel2: Yes
  • Development Status Raw Land: Yes
  • General Property Information Lot Size Square Feet2: 23086.8
  • Road Frontage Type Unimproved2: Yes
  • General Property Information Lot Size Acres: 0.53
  • Road Surface Type Dirt2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.53

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available, Other
  • Water Source: Public, None

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Durham - Jordan
  • Middle Or Junior School: Durham - Githens

Lot Info

  • Zoning: VAC RES/ LOT-SM
  • Current Use: Other
  • Development Status: Raw Land
  • Lot Dimensions: 208.28 x 37.82 x 140.75 x 204.57 x 35
  • Lot Size Sq Ft: 23086.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 0729-55-8908

Tax Info

  • Tax Annual Amount: 59.99
  • Tax Year: 2024
  • Tax Map Number: 279-281

MLS Schools

  • Elementary School: Durham - Southwest

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
2024 $51 $3,642 $3,642 $0
2023 $48 $3,642 $3,642 $0
2022 $47 $3,642 $3,642 $0
2021 $46 $3,642 $3,642 $0
2020 $45 $3,642 $3,642 $0
2019 $45 $3,642 $3,642 $0
2018 $59 $4,371 $4,371 $0
2017 $59 $4,371 $4,371 $0
2016 $57 $4,371 $4,371 $0
2015 $53 $3,794 $3,794 $0
2014 $53 $3,794 $3,794 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $150,000 -- --
Source: Doorify MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Source: Doorify MLS

MLS Number: 10114725

Doorify MLS

APN: 146996