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506 Farm House Ln, Durham, NC, 27703

$369,500

Home List Price

$4,388*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,014 SqFt
$183/SqFt
House

Location

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506 Farm House Ln, Durham$369,500

Buyer Closing Credits

$4,388*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Attached Garage2 spaces
Year Built2009
HeatingForced Air
CoolingCentral Air
FireplaceFamily Room
MLS #10057418
Lot Size0.12 Acres
StatusActive

About 506 Farm House Ln

NEW PRICE! Gorgeous, well cared for home, located in the convenient subdivision of Ganyard Farm. This home provides great living spaces and nice flexible spaces, for various uses. There are three spacious bedrooms Plus a large loft. NEW Interior Paint, NEW Carpet, NEW Wood Laminate flooring, NEW Blinds, Lots of natural light and GREAT STORAGE. Well appointed kitchen has stainless steel appliances, range with double ovens, kitchen island with storage, granite countertops, and a huge pantry. Dining area is adjacent to the kitchen and has space for a large table. Bright family room is partially open to the kitchen and dining area. First floor laundry room. There is a bedroom on the main floor with a very large walk in closet. Owner's suite is nicely sized with a huge walk in closet, Owner's bath has double sinks, soaking tub and separate shower. Upstairs also has the third bedroom, another full bathroom, and a spacious loft. 2 car garage is fitted with a high voltage outlet for charging an electric vehicle. Beautifully landscaped front yard. Backyard is fully fenced, providing privacy and a great space for relaxing, playing, gardening, or entertaining. REFREGERATOR, WASHER, AND DRYER CONVEY!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2009
  • Living Area: 2,014 SqFt

Listing Office:

  • Office Name: Keystone Properties
  • Office Phone: (919) 612-5503
  • Listing Agent: Geannie Kinlaw

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Flooring Type: Carpet, Laminate, Vinyl
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch Front, Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From US 70 West, Right onto Lynn Rd., Right onto highway 98/Holloway, Right on Ganyard Farm Way, turn onto Farm House Ln., House is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $369,500
  • Price Per SqFt: $183/SqFt

HOA Fees:

  • Amount: $231
  • Frequency: Semi-Annually

Tax Information:

  • Annual Amount: $2,560
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Durham, NC.

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Durham, NC

City

Med. Sold Price

$424.7K

Med. Price/SqFt

$233

Avg. Days On Market

35

# of Sold Homes

236

506 Farm House Ln vs Durham

35 DAYS ON ROCKET

-0 Day

$369,500

-$55.2K Less

$183/SqFt

-$51 Less

KEY TAKEAWAY

This property is $55.2K less than the Median Sold Price and $51/SqFt less than other homes in Durham, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10057418

Listing Office:

  • Office Name: Keystone Properties
  • Office Phone: (919) 612-5503
  • Listing Agent: Geannie Kinlaw

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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.

Properties subject to prior sale, change, withdrawal or rental. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 28, 2016Home Sold
$171,000
Feb 07, 2014Home Sold
$170,000
Jul 28, 2009Home Sold
$171,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,560$200,977
2020$2,499$200,977
2019$2,499$200,977
2018$2,323$171,280
2017$2,306$171,280

History based on county public records data.

Payment Calculator

$1,950

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,174

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-249200
7
/10

  • Oak Grove Elementary School

  • 3810 Wake Forest Rd

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-249201
7
/10

  • Merrick-Moore Elementary School

  • 2325 Cheek Rd

  • 1.97 miles

  • Public District Grades KG-5

school-card-donut-249202
7
/10

  • Spring Valley Elementary School

  • 2051 Northern Durham Pkwy

  • 2.02 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,732. Most Durham, NC residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Durham, NC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Durham, NC.

Durham's housing market is diverse, offering a range of options from historic bungalows to contemporary condominiums. Single-family homes are prevalent, making up a significant portion of the housing stock, with a mix of older, charming homes and newer constructions. Apartments and townhouses are also available, providing alternatives for those seeking a more urban living experience. The architectural styles in Durham are varied, with a blend of classic colonial, ranch-style, and modernist influences throughout the city.

What is it like to live in Durham, NC?

Durham is celebrated for its vibrant arts scene and entrepreneurial spirit. The community prides itself on a rich cultural heritage that is evident in its numerous festivals, live music venues, and the renowned American Dance Festival. The city's character is further defined by its commitment to innovation, with a bustling downtown that reflects a blend of historic preservation and modern development.

Is it easy to get around Durham, NC without a car?

The community is served by a robust educational system, including a number of public and private schools, as well as prestigious higher education institutions like Duke University and North Carolina Central University. Healthcare is well-represented with several hospitals offering a range of services from emergency care to specialized treatments. Durham also features a network of public libraries and a variety of shopping and dining options that showcase the local flavors and craftsmanship.

Transportation in Durham, NC.

Durham's transportation infrastructure supports both private and public transit options. The city has a comprehensive bus system that connects various neighborhoods and key points of interest. The area is also bike-friendly, with dedicated lanes and trails for cyclists. Major highways and thoroughfares such as Interstate 85 and Highway 70 facilitate easy commuting and travel to and from the city. Efforts are continually made to enhance the efficiency and accessibility of the city's transportation network.

Frequently Asked Questions About 506 Farm House Ln

What is the listing price of this property?

The listing price of 506 Farm House Ln property is $369,500.

What type of property is this?

The property 506 Farm House Ln is a house located in Durham, North Carolina, 27703.

Is this property for sale now?

Active Listing: 506 Farm House Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,560 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 28, 2016 for $171,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 506 Farm House Ln has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 506 Farm House Ln is 2,014 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Farm House Ln is 2009.

Rocket Homes›North Carolina›Durham County›Durham›27703›506 Farm House Ln

This home is located at 506 Farm House Ln in Durham, NC and zip code 27703. This 2,014 square foot home, which was built in 2009, sits on a 0.12 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $369,500.

In October 2024, from all listings sold in Durham, NC there were more than 50 sold above asking price, over 125 sold below and more than 61 were sold right at the asked price. The inventory of homes for sale in Durham, NC between September 2024 and October 2024 increased by 2.8%. The median list price of listings available in October 2024 was $424,728, while the average time on the real estate market was 35 days.

From Rocket Homes Real Estate and based on county public records data.

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