#10063766, Marisol Alvarez, Listing Office: Triangle Residential Realty
Property details
About 507 Bingham St
4 soon to be lots! Prime Investment Opportunity! Priced at 105K/lot - Located in a rapidly growing area of Durham, this property presents an incredible opportunity for builders and developers! Set to be subdivided into four separate lots, this parcel is perfect for constructing four new single-family homes. With water and sewer available (taps not included), the groundwork is already in place for your next project. Home will be torn down prior to closing, and land will be subdivided prior to closing. This location is ideal for spec home construction, offering strong buyer demand and proximity to shopping, dining, and major highways. Whether you're looking to build and sell or create long-term rental opportunities, this is a rare chance to invest in one of Durham's emerging neighborhoods. Don't miss out on this prime development site!
Highlights
Summary
- MLS Number: 10087628
- MLS Name: Doorify MLS
- Office Name: EXP Realty LLC
- Office Phone: (888) 584-9431
- Office Email: nc.triangle@exprealty.com
- Listing Agent: William Patrick
Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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.
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Last updated on: 4/8/2025, 12:50:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$420,000
507 Bingham St
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 23, 2024 | Home Sold | $115,000 |
Jul 23, 2024 | Home Sold | $125,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $68,700 | $479 |
2023 | $68,700 | $449 |
2022 | $68,700 | $879 |
2021 | $68,700 | $875 |
2020 | $68,700 | $854 |
2019 | $68,700 | $854 |
2018 | $63,836 | $865 |
2017 | $63,836 | $429 |
History based on county public records data.
Nearby schools
4
Y.E. Smith Elementary School
Public District PK-5
0.4 mi
•2410 E Main St
7
Burton Elementary School
Public Magnet PK-5
0.9 mi
•1500 Mathison St
8
R.N. Harris Elementary School
Public Magnet PK-5
0.9 mi
•1520 Cooper St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,048. The majority of Durham, NC residents have income less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
Living in Durham, NC
About 507 Bingham St
This home is located at 507 Bingham St in Durham, NC and zip code 27703. Features: 0 bathroom. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $420,000.
While more than 71 listings in Durham, NC in March 2025 were sold above asking price, there were more than 52 listings sold at asking price, and more than 126 were sold below. The number of listings in Durham, NC increased by 15.5% between February and March 2025. In March 2025, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $425,000.