707 Gerard St
Durham, NC 27701
2 bd 1 ba 953 sqft Built 1925 Lot 7,318 sqft single_family
Most recent sale
$265,125
May 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 26, 2022 | Sold | $265,125 | MLS #2441231 |
| Apr 7, 2022 | Listed | $189,900 | MLS #2441231 |
| Oct 26, 1999 | Sold | $35,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $218,817 | $234,000 | $452,817 | $1,761 |
| 2023 | $53,322 | $72,937 | $126,259 | $1,653 |
| 2022 | $53,322 | $72,937 | $126,259 | $1,615 |
| 2021 | $53,322 | $72,937 | $126,259 | $1,608 |
| 2020 | $53,322 | $72,937 | $126,259 | $1,571 |
| 2019 | $53,322 | $72,937 | $126,259 | $1,571 |
| 2018 | $43,755 | $29,175 | $72,930 | $989 |
| 2017 | $43,755 | $29,175 | $72,930 | $982 |
| 2016 | $43,755 | $29,175 | $72,930 | $949 |
| 2015 | — | $15,249 | $15,249 | $211 |
| 2014 | — | $15,249 | $15,249 | $211 |
| 2013 | — | $15,249 | $15,249 | $205 |
| 2012 | — | $15,249 | $15,249 | $200 |
| 2011 | — | $15,249 | $15,249 | $199 |
| 2010 | — | $15,249 | $15,249 | $198 |
| 2009 | — | $15,249 | $15,249 | $190 |
| 2008 | — | $15,249 | $15,249 | $190 |
| 2006 | $25,232 | $14,000 | $39,232 | $553 |
Property facts
Year built
1925
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
953 sqft
Lot size
7,318 sqft
ZIP code
27701
City
Durham
Street
Gerard St
Coordinates
35.99592, -78.91904
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
$1,287
Gross rental yield
5.83%
Implied cap rate
3.79%
Trend-extrapolated value
—
Frequently asked questions
When did 707 Gerard St last sell?
707 Gerard St most recently sold on May 26, 2022 for $265,125.
What is the current tax assessment for 707 Gerard St?
The most recent total assessment for 707 Gerard St (year 2024) is $452,817 with $1,761 in property tax.
How does 707 Gerard St's assessment compare to its last sale price?
The current assessment is 70.8% above the last sale price of $265,125.
When was 707 Gerard St built?
707 Gerard St was built in 1925.
How does 707 Gerard St compare to others on Gerard St?
We track 7 other properties on Gerard St. Browse the list under "Other properties on Gerard St" to compare beds, baths, and sale history.
What are the property facts for 707 Gerard St?
707 Gerard St is a 2 bed, 1 bath, 953 sqft, 7,318 sqft lot single_family.
Is 707 Gerard St a flip candidate?
No — 707 Gerard St does not appear in our flips dataset.
Is 707 Gerard St a tax-appeal candidate?
Yes — 707 Gerard St 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
+9.7%
Implied 1-yr
+38.8%
2026 Q3
$1.6M
2026 Q4
$1.69M
ZIP 27701 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Gerard St