When was property at 2500 Banner Street built and last sold?

The property at 2500 Banner Street was built in 1943 and last sold on Dec 13, 2023 for $305,000.

How much is this home worth?

The estimated value of the home located at 2500 Banner Street is $0.

What are some comparable homes to 2500 Banner Street?

There are currently no comparable homes to 2500 Banner Street.

Durham

27704

Colonial Village

2500 Banner Street

$305,000

● House - Off Market

2500 Banner Street

Durham, NC 27704

3 Beds

1 Bath

1,017 Ft²

$1,764

Est. Monthly

6.75%

Cap Rate

About This Property

Colonial Village home on corner lot, 3 BR's, Enclosed Porch off Living Rm not heated is the 92 Sq Ft (additional) would make a great office/laundry room, Eat in Kitchen, Hardwoods under carpet, Spacious Living Room with fireplace/gas logs, Well maintained home, Great location to Downtown & Easy Access to I-85! Possibility of having an ADU...check with Durham Planning.

Unit Size

1,017 Ft²

Days on Market

Land Size

0.20 acres

Price per sqft

$320

Property Type

House

Property Taxes

$168

HOA Dues

Year Built

1943

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (TMLS #2536495)

Price History

Date / Event	Date	Event
Dec 18, 2023	Sold	Premium
Sold
Oct 10, 2023	Listed by West & Woodall Real Estate - D	$325,000
Listed by West & Woodall Real Estate - D

Property Highlights

Fireplace

Garage

Building Info

Overview

General

Year Built: 1943

Effective Year Built: 1943
Total Rooms: 3
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Bathroom Plumbing Fixtures: 5
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 11
Exterior Walls Type: 3
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 100
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 4
Parking Space Count: 1
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,712

Lot Size Depth Feet: 1,500
Lot Size Frontage Feet: 590
Total Building Area: 1,087
Building Area: 1,087
Building Area Measurement: E

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 24
Heated Square Feet: 1,087
Heating Fuel Type: 0

Utilities

Sewer System: 1

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: COLONIAL VLG
Land Acres: 0000000200
Standard Land Use Code: 1001
County Land Use Code: 111
Legal Description 1: COLONIAL VILLAGE/LT#012 PL000014-000094

Neighborhood

School District Name: Durham Public Schools

School Tax District Code 2: CTY DURHAM
Census Tract: 000101

Zoning

Zoning: RU-5

Geography

Assessors Map Reference: BK 14 PG 94

Parcel: 120234
Lot: 12
Municipality: CITY OF DURHAM
Latitude: 36.0217
Longitude: -78.8884

Address

Full Address: 2500 Banner St

Address - House Number: 2500
Address - Street Name: Banner
Address - Suffix Type: St
State: NC
City Name: Durham
Carrier Code: C001
4-Digit Zip Code: 4452
Zip Code: 27704

Valuation

Tax

Tax Year: 2023

Tax Amount: $217,996

Appraisal Valuation

Standard Deviation: 0.0817

Valuation Date: Dec 20, 2023
Confidence Score: 93
Final Value: 327,268
High Value: 354,018
Low Value: 300,518

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $166,422

Market Land Value: $30,075
Market Improvement Value: $136,347

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $166,422
Assessed Land Value: $30,075
Assessed Improvements Value: $136,347

Sales

Current Sale Contract Date: Dec 13, 2023

Current Sale Recording Date: Dec 18, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 82510

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Colonial Village

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$280

Below Asking

0.03%

Average Days on Market

Average Home Size

1211 ft²

Average Home Age

63.5 years

Currently For Sale

4 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 715 Drew Street, Durham, NC, 27701

$1,995 /mo

2 Beds
2 Baths
1,163 ft²

715 Drew Street, Durham, NC, 27701 Listing by Michael Sullivan

Unit for rent at 514 Spruce Street, Durham, NC, 27703

$2,000 /mo

3 Beds
2 Baths
1,100 ft²

514 Spruce Street, Durham, NC, 27703 Listing by Eddie Alie

Unit for rent at 3 Chanter Court, Durham, NC, 27705

$2,000 /mo

3 Beds
2 Baths
1,460 ft²

3 Chanter Court, Durham, NC, 27705 Listing by Wayne Beeker

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jeanette Hussey, West & Woodall Real Estate - D
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2536495

Some IDX listings have been excluded from this IDX display. 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. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

2500 Banner Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Colonial Village

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions