See Home Value
$403,000
↓ $25K (6.5%)
● House - Off Market

500 Spruce Street

Durham, NC 27703
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,257 Ft²
$2,101
Est. Monthly
5.60%
Cap Rate

About This Property

GORGEOUS new construction in Old East Durham! This charming home features a layout that has it all! TWO en-suite bedrooms with ample space both in closets and baths & l@@k at the private balcony off the Primary!! A third bedroom/flex space could easily be used as an office and is located on the main level. The STUNNING kitchen features plenty of storage, tremendous quality and functionality with its large island, solid quartz counters, dovetail constructed, soft close cabinets and beautiful tile backsplash. Luxe baths and incredible finishes finish off this incredible home and all backed by a one-year builder warranty! Short walk to all the best East Durham Eateries, HiWire/Golden Belt & DOWNTOWN! Do not miss out!
Unit Size
1,257 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$326
Property Type
House
Property Taxes
$88
HOA Dues
-
Year Built
-

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Cap Rate Calculator

Last updated: 2 years ago (TMLS #10013167)

Price History

Date / Event Date Event Price
Aug 6, 2025 Price Decreased $360,000
↓ $25K (6.5%)
Price Decreased
May 30, 2025 Price Decreased $385,000
↓ $45K (10.5%)
Price Decreased
May 21, 2025 Listed $430,000
Listed
This home is currently rented but still a great option for an investor. Step into this beautifully crafted home that seamlessly blends thoughtful design with modern luxury. Boasting two spacious en-suite bedrooms, each with generous closets and spa-like bathrooms, this home delivers comfort and convenience in every corner. The primary suite features a private balcony — perfect for morning coffee or winding down at sunset. A versatile third bedroom on the main level can double as a home office, studio, or guest retreat, offering flexible living options to suit your lifestyle. You'll fall in love with the gourmet kitchen, showcasing an oversized island, sleek quartz counter tops, soft-close, dovetail cabinetry, and a designer tile backsplash — all thoughtfully selected for style and function. High-end finishes flow throughout the home, from luxe bathrooms to refined fixtures. Located just a short stroll from East Durham's vibrant dining scene and downtown Durham, this is urban living at its best. Don't miss your chance to own this exceptional home in one of Durham's most dynamic neighborhoods!
Mar 27, 2024 Sold
Sold
Feb 22, 2024 Listed by Nest Realty of the Triangle $410,000
Listed by Nest Realty of the Triangle

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,852
  • Building Area: 3,852
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,852
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000070
  • Standard Land Use Code: 1001
  • County Land Use Code: 111
  • Legal Description 1: PROP-1801 SOUTHGATE ST/LT#3 PL208-212

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 001001

Zoning

  • Zoning: RU-5(2)

Geography

  • Assessors Map Reference: BK 208 PG 212
  • Parcel: 235308
  • Lot: 3
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9911
  • Longitude: -78.88

    Address

  • Full Address: 500 Spruce St
  • Address - House Number: 500
  • Address - Street Name: Spruce
  • Address - Suffix Type: St
  • State: NC
  • City Name: Durham
  • Carrier Code: C030
  • 4-Digit Zip Code: 2038
  • Zip Code: 27703

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.0821
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 93
  • Final Value: 417,551
  • High Value: 451,844
  • Low Value: 383,259

    Assessments Valuation

  • Assessed Year: 2023

    Sales

  • Current Sale Contract Date: Mar 22, 2024
  • Current Sale Recording Date: Mar 27, 2024
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 90996
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About East Durham


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Frequently Asked Questions

When was property at 500 Spruce Street built and last sold?
The property at 500 Spruce Street was built in and last sold on Mar 22, 2024 for $403,000.
How much is this home worth?
The estimated value of the home located at 500 Spruce Street is $364,019.
What are some comparable homes to 500 Spruce Street?
There are currently no comparable homes to 500 Spruce Street.