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1201 Marne Ave

Durham, NC 27704

2 bd 2 ba 1,226 sqft Built 2002 Lot 4,225 sqft townhomes
Most recent sale
$261,000
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 26, 2023 Listing removed RentlinxUnits
Jul 14, 2023 Listed for rent $1,650 RentlinxUnits
Jan 11, 2023 Listing removed Zumper
Jan 10, 2023 Listing removed RentlinxUnits
Jan 9, 2023 Price changed (rent) $1,650 RentlinxUnits
Jan 7, 2023 Price changed (rent) $1,650 Zumper
Dec 1, 2022 Listed for rent $1,750 Zumper
Dec 1, 2022 Listing removed Zumper
Nov 30, 2022 Listed for rent $1,750 RentlinxUnits
Jun 23, 2022 Sold $261,000 TriangleAreaNC
Dec 18, 2019 Listing removed ShowMojo
Dec 4, 2019 Price changed (rent) $1,195 ShowMojo
Nov 21, 2019 Listed for rent $1,250 ShowMojo

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $200,257 $75,000 $275,257 $1,947
2023 $114,595 $25,000 $139,595 $1,828
2022 $114,595 $25,000 $139,595 $1,786
2021 $114,595 $25,000 $139,595 $1,778
2020 $114,595 $25,000 $139,595 $1,736
2019 $114,595 $25,000 $139,595 $1,736
2018 $79,258 $19,000 $98,258 $1,332
2017 $79,258 $19,000 $98,258 $1,323
2016 $79,258 $19,000 $98,258 $1,278
2015 $106,098 $27,300 $133,398 $1,846
2014 $106,098 $27,300 $133,398 $1,846
2013 $106,098 $27,300 $133,398 $1,790
2011 $106,098 $27,300 $133,398 $1,738
2010 $106,098 $27,300 $133,398 $1,731
2009 $106,098 $27,300 $133,398 $1,682
2008 $107,539 $27,300 $134,839 $1,682
2006 $8,000 $8,000 $112

Property facts

Year built
2002
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,226 sqft
Lot size
4,225 sqft
ZIP code
27704
City
Durham
Street
Marne Ave
Coordinates
36.05857, -78.91968

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,655
Gross rental yield
7.61%
Implied cap rate
4.95%
Trend-extrapolated value

Frequently asked questions

When did 1201 Marne Ave last sell?
1201 Marne Ave most recently sold on Jun 23, 2022 for $261,000.
What is the current tax assessment for 1201 Marne Ave?
The most recent total assessment for 1201 Marne Ave (year 2024) is $275,257 with $1,947 in property tax.
How does 1201 Marne Ave's assessment compare to its last sale price?
The current assessment is 5.5% above the last sale price of $261,000.
When was 1201 Marne Ave built?
1201 Marne Ave was built in 2002.
How does 1201 Marne Ave compare to others on Marne Ave?
We track 6 other properties on Marne Ave. Browse the list under "Other properties on Marne Ave" to compare beds, baths, and sale history.
What are the property facts for 1201 Marne Ave?
1201 Marne Ave is a 2 bed, 2 bath, 1,226 sqft, 4,225 sqft lot townhomes.
Is 1201 Marne Ave a flip candidate?
No — 1201 Marne Ave does not appear in our flips dataset.
Is 1201 Marne Ave a tax-appeal candidate?
No — 1201 Marne Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.8%
Implied 1-yr
-3.1%
2026 Q3
$335.7K
2026 Q4
$333K
ZIP 27704 — Median Price History + Forecast

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