Last Sold Price
1,048,532 Lot Size24.07 Acres
5375 Red Mill Rd, Durham, NC 27704

Description

24.07 Acres Solar Farm Leased until 9/2030 | Projected Net Operating Income is 14,596 | 2.0% Annual Rent Escalations | Three(3) Options to renew for five (5) years each | Priced well below tax value24.07 Acres Solar Farm Leased until 9/2030 | Projected Net Operating Income is 14,596 | 2.0% Annual Rent Escalations | Three(3) Options to renew for five (5) years each | Priced well below tax value
LISTING CLOSED: 08/05/2020 12:00 AM

  1. Listed by Mark L VanAlstyne • Berkshire Hathaway HomeService

Property Details for 5375 Red Mill Road

Status
MLS #
2329012
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Unimproved Land
Year Built
-
Lot Size
24.07 AC
Subdivision
Not in a Subdivision

Location

Listing Courtesy of Berkshire Hathaway HomeService

Sold By Sunay Realty

Add your commute

Building Information for 5375 Red Mill Road

Lot Size24.07 AC

Payment Calculator

$1,930 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,520

Property Taxes

$410

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 5375 Red Mill Road

Summary
Location and General Information
  • Topography: Rolling
  • Directions: I-85 north to Red Mill Rd. left toward Treyburn. Landon left just past the School for Creative Studies
  • Subdivision Name: Not in a Subdivision
  • Latitude: 36.079818
  • Longitude: -78.823931
  • Road Frontage Type: Has Frontage
Taxes and HOA Information
  • Tax Lot: 1
School Information
  • Elementary School: Durham - Glenn
  • Middle Or Junior School: Durham - School for Creative Stu
  • High School: Durham - Northern
Property
Lot Information
  • Farm Land Area Units: Square Feet
  • Parcel Number: 0854-01-27-0939
Property and Assessments
  • Photos Count: 1
  • Below Grade Finished Area Units: Square Feet
  • Current Use: Other
Utilities
  • Sewer: Need Septic
  • Utilities: Electricity Connected
  • Water Source: Need Well
  • Water_Sewer: Need Well, Need Septic, Electricity Connected
Interior and Exterior Features
Exterior Features
  • Fencing: Fenced
Interior Features
  • Interior: Electricity Connected
Agent
Sale and Listing
  • Property Class Name: Land

Property History for 5375 Red Mill Road

DateEvent & SourcePriceAppreciation
Aug 5, 2020

Sold

TRIANGLEMLS #2329012

$299,000
Aug 5, 2020

Sold

TRIANGLEMLS #2329012

$299,000
Aug 5, 2020

Pending

TRIANGLEMLS #2329012

DateEvent & SourcePrice
08/05/2020

Sold

TRIANGLEMLS #2329012

$299,000
08/05/2020

Sold

TRIANGLEMLS #2329012

$299,000
08/05/2020

Pending

TRIANGLEMLS #2329012

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5375 Red Mill Road

Taxable ValueLand$763,168Additions-Total$763,168
Tax Record2024$4,922 ($410 / month)
Home Facts
Lot Size1,048,489 SqFtStyleAgricultural / RuralZoningRRCountyDURHAMAPN169216

Schools near 5375 Red Mill Road

This home is within Durham Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Sandy Ridge Elementary School
PublicPK to 5

Lucas Middle School
Public6 to 8

Northern High
Public9 to 12

School for Creative Studies
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 27704

$439,900 | 2212 Feather Rock Drive, Durham, NC 27704
1/21

$439,900

3
Bedrooms
2,355
Square Feet
0.25
Acres
$300,000 | 3907 Alameda Street, Durham, NC 27704
1/14
New

$300,000

3
Bedrooms
1,075
Square Feet
0.46
Acres
$325,000 | 2712 Shenandoah Avenue, Durham, NC 27704
1/36
Open: 8/16 02:00PM - 04:00PMNew

$325,000

2
Bedrooms
981
Square Feet
0.17
Acres
$336,000 | 2504 Shenandoah Avenue, Durham, NC 27704
1/22

$336,000

2
Bedrooms
1,192
Square Feet
0.19
Acres
$320,000 | 2810 Catamount Court, Durham, NC 27704
1/29
Open: 8/14 05:00PM - 07:00PM

$320,000

3
Bedrooms
1,576
Square Feet
0.15
Acres
$315,000 | 1918 Buffalo Way, Durham, NC 27704
1/19
New

$315,000

3
Bedrooms
1,329
Square Feet
0.13
Acres
$291,000 | 4225 Morton Drive, Durham, NC 27704
1/18

$291,000

3
Bedrooms
1,336
Square Feet
0.46
Acres
$619,000 | 2526 North Roxboro Street, Durham, NC 27704
1/31
Open: 8/15 02:00PM - 04:00PMVirtual Tour

$619,000

4
Bedrooms
2,604
Square Feet
0.29
Acres
$329,000 | 910 Ruby Street, Durham, NC 27704
1/16

$329,000

3
Bedrooms
1,290
Square Feet
0.31
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5375 Red Mill Road, Durham, NC 27704
$299,000
1,048,532
$290,000
1,046,746
$210,000
4
2
2,432
206,910
48,352
68,389
3
1.5
1,294
79,279

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeService

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. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.