506 Grist Mill Ln
Durham, NC 27712
3 bd 3 ba 2,259 sqft Built 1992 Lot 22,651 sqft single_family
Most recent sale
$475,000
Jun 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 15, 2022 | Sold | $475,000 | TriangleAreaNC |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $351,779 | $95,000 | $446,779 | $3,370 |
| 2023 | $195,907 | $45,690 | $241,597 | $3,164 |
| 2022 | $195,907 | $45,690 | $241,597 | $3,092 |
| 2021 | $195,907 | $45,690 | $241,597 | $3,077 |
| 2020 | $195,907 | $45,690 | $241,597 | $3,005 |
| 2019 | $195,907 | $45,690 | $241,597 | $3,005 |
| 2018 | $193,162 | $38,075 | $231,237 | $3,136 |
| 2017 | $193,162 | $38,075 | $231,237 | $3,113 |
| 2016 | $193,162 | $38,075 | $231,237 | $3,008 |
| 2015 | $175,749 | $47,386 | $223,135 | $3,088 |
| 2014 | $175,749 | $47,386 | $223,135 | $3,088 |
| 2013 | $175,749 | $47,386 | $223,135 | $2,994 |
| 2011 | $175,749 | $47,386 | $223,135 | $2,908 |
| 2010 | $175,749 | $47,386 | $223,135 | $2,895 |
| 2009 | $175,749 | $47,386 | $223,135 | $2,784 |
| 2008 | $175,749 | $47,386 | $223,135 | $2,784 |
| 2006 | $161,206 | $41,000 | $202,206 | $2,855 |
Property facts
Year built
1992
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,259 sqft
Lot size
22,651 sqft
ZIP code
27712
City
Durham
Street
Grist Mill Ln
Coordinates
36.08172, -78.90144
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
$3,050
Gross rental yield
7.71%
Implied cap rate
5.01%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Grist Mill Ln last sell?
506 Grist Mill Ln most recently sold on Jun 15, 2022 for $475,000.
What is the current tax assessment for 506 Grist Mill Ln?
The most recent total assessment for 506 Grist Mill Ln (year 2024) is $446,779 with $3,370 in property tax.
How does 506 Grist Mill Ln's assessment compare to its last sale price?
The current assessment is 5.9% below the last sale price of $475,000.
When was 506 Grist Mill Ln built?
506 Grist Mill Ln was built in 1992.
How does 506 Grist Mill Ln compare to others on Grist Mill Ln?
We track 6 other properties on Grist Mill Ln. Browse the list under "Other properties on Grist Mill Ln" to compare beds, baths, and sale history.
What are the property facts for 506 Grist Mill Ln?
506 Grist Mill Ln is a 3 bed, 3 bath, 2,259 sqft, 22,651 sqft lot single_family.
Is 506 Grist Mill Ln a flip candidate?
No — 506 Grist Mill Ln does not appear in our flips dataset.
Is 506 Grist Mill Ln a tax-appeal candidate?
No — 506 Grist Mill Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.8%
Implied 1-yr
-11.0%
2026 Q3
$369.4K
2026 Q4
$357K
ZIP 27712 — Median Price History + Forecast
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Geography
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