#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
Home typeUnimproved Land
StatusActive
Lot size0.38 Acres
MLS #10087628
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.
Properties subject to prior sale, change, withdrawal or rental. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2025, 11:20:59 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. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
53%
<35k
47%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
45%
Single, No Kids
31%
Single, with Kids
11%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
10%
12-17 yrs old
23%
18-34 yrs old
37%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Golden Corral
What do the neighbors drive?
Buick
Dodge
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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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. In March 2025 in Durham, NC there were 15.5% more homes for sale than in February. In March 2025 median list price was $425,000 and the average listing age was 42 days.
From Rocket Homes Real Estate and based on county public records data.