505 Farm House Ln
Durham, NC 27703
4 bd 3 ba 1,992 sqft Built 2008 Lot 5,227 sqft single_family
Most recent sale
$268,500
Oct 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 15, 2023 | Price changed for rent | $2,230 | MainStreetRenewalLLC |
| Apr 14, 2023 | Price changed for rent | $2,230 | DoorifyMLS |
| Apr 7, 2023 | Listed for rent | $2,255 | Zumper |
| Apr 6, 2023 | Listed for rent | $2,255 | Rently |
| Feb 4, 2023 | Listed for rent | $2,255 | RentalBeast |
| Jan 31, 2023 | Listed for rent | $2,255 | MainStreetRenewalLLC |
| Jan 15, 2023 | Listed for rent | $2,255 | DoorifyMLS |
| Jan 3, 2023 | Listed for rent | $2,255 | DoorifyMLS |
| Dec 6, 2022 | Listed for rent | $2,255 | Zumper |
| Dec 3, 2022 | Listed for rent | $2,255 | Rently |
| Oct 7, 2022 | Sold | $268,500 | MLS #2460297 |
| Sep 22, 2022 | Price changed | $315,000 | MLS #2460297 |
| Jul 6, 2022 | Listed | $395,000 | MLS #2460297 |
| May 16, 2013 | Listing removed | $169,650 | DoorifyMLS |
| Feb 13, 2009 | Listed | $169,650 | MLS #1644512 |
| Jan 26, 2009 | Sold | $170,000 | Public Record |
| Jan 23, 2009 | Sold | $169,650 | DoorifyMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $307,906 | $50,400 | $358,306 | $2,752 |
| 2023 | $172,208 | $25,087 | $197,295 | $2,584 |
| 2022 | $172,208 | $25,087 | $197,295 | $2,525 |
| 2021 | $172,208 | $25,087 | $197,295 | $2,513 |
| 2020 | $172,208 | $25,087 | $197,295 | $2,454 |
| 2019 | $172,208 | $25,087 | $197,295 | $2,454 |
| 2018 | $145,466 | $33,450 | $178,916 | $2,427 |
| 2017 | $145,466 | $33,450 | $178,916 | $2,409 |
| 2016 | $145,466 | $33,450 | $178,916 | $2,328 |
| 2015 | $152,585 | $31,899 | $184,484 | $2,554 |
| 2014 | $152,585 | $31,899 | $184,484 | $2,554 |
| 2013 | $152,585 | $31,899 | $184,484 | $2,476 |
| 2012 | $152,585 | $31,899 | $184,484 | $2,420 |
| 2011 | $152,585 | $31,899 | $184,484 | $2,405 |
| 2010 | $152,585 | $31,899 | $184,484 | $2,394 |
| 2008 | — | $31,899 | $31,899 | $398 |
| 2006 | — | $35,600 | $35,600 | $502 |
Property facts
Year built
2008
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,992 sqft
Lot size
5,227 sqft
ZIP code
27703
City
Durham
Street
Farm House Ln
Coordinates
35.98124, -78.83370
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,689
Gross rental yield
12.02%
Implied cap rate
7.81%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Farm House Ln last sell?
505 Farm House Ln most recently sold on Oct 7, 2022 for $268,500.
What is the current tax assessment for 505 Farm House Ln?
The most recent total assessment for 505 Farm House Ln (year 2024) is $358,306 with $2,752 in property tax.
How does 505 Farm House Ln's assessment compare to its last sale price?
The current assessment is 33.4% above the last sale price of $268,500.
When was 505 Farm House Ln built?
505 Farm House Ln was built in 2008.
How does 505 Farm House Ln compare to others on Farm House Ln?
We track 4 other properties on Farm House Ln. Browse the list under "Other properties on Farm House Ln" to compare beds, baths, and sale history.
What are the property facts for 505 Farm House Ln?
505 Farm House Ln is a 4 bed, 3 bath, 1,992 sqft, 5,227 sqft lot single_family.
Is 505 Farm House Ln a flip candidate?
No — 505 Farm House Ln does not appear in our flips dataset.
Is 505 Farm House Ln a tax-appeal candidate?
Yes — 505 Farm House Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.9%
Implied 1-yr
-11.6%
2026 Q3
$387.1K
2026 Q4
$373.3K
ZIP 27703 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Farm House Ln