$75,000
Last sold price
505 Gray Ave #2, Durham, NC 27701
Currently Off Market - Sold Mar 18, 2025 for $75,000
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.47 | Lot/Land | $120,000 | 09/19/25 | - | - | ||
0.44 | Lot/Land | $100,000 | 10/14/25 | - | - | ||
1.17 | Lot/Land | $85,000 | 06/05/26 | - | - | ||
1.17 | Lot/Land | $85,000 | 06/05/26 | - | - | ||
0.79 | Lot/Land | $235,500 | 09/01/26 | - | - | ||
1.17 | Lot/Land | $100,000 | 06/05/26 | - | - | ||
1.17 | Lot/Land | $100,000 | 06/05/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $916,000 | 4 | 3.5 | 2,614 | Off Market | |
0.03 | $565,000 | 3 | 2 | 1,412 | Recently Sold | |
0.05 | $682,400 | 4 | 2.5 | 2,110 | Off Market | |
0.06 | $564,400 | 4 | 2.5 | 1,810 | Off Market | |
0.09 | $559,100 | 3 | 2 | 1,403 | Off Market | |
0.09 | $460,000 | 3 | 2 | 1,277 | Recently Sold | |
0.09 | $687,300 | 4 | 2.5 | 2,162 | Off Market | |
0.07 | $700,000 | 3 | 2 | 1,732 | For Sale | |
0.07 | $553,600 | 3 | 2.5 | 1,548 | Off Market | |
0.05 | $293,500 | 2 | 2 | 1,232 | Off Market | |
0.08 | $496,900 | 3 | 2 | 1,161 | Off Market |
Local Information
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Home Highlights
Lot/Land
About this House
Vacant Lot located in close proximity to Downtown Durham.
Per Durham county this lot currently has an area of 2,855 sq ft.
To confirm utility availability to this parcel, please contact the Public Works department using the information below. Public Works:
Email: pwengserv@durhamnc.gov
Phone: (919) 560-4326
To confirm lot details please contact:
Durham City-County Planning Department
101 City Hall Plaza, Ground Floor, Suite G500
Durham, NC 27701
Planning@DurhamNC.gov
Durham City-County Planning Department
Per Durham county this lot currently has an area of 2,855 sq ft.
To confirm utility availability to this parcel, please contact the Public Works department using the information below. Public Works:
Email: pwengserv@durhamnc.gov
Phone: (919) 560-4326
To confirm lot details please contact:
Durham City-County Planning Department
101 City Hall Plaza, Ground Floor, Suite G500
Durham, NC 27701
Planning@DurhamNC.gov
Durham City-County Planning Department
505 Gray Ave #2, Durham, NC 27701 is a lot/land. It last sold for $75,000 on Mar 18, 2025 (25% below the $100,000 asking price). This property is not currently displayed as for sale or rent on Trulia.
Last check for updates: about 9 hours ago
Listed by Ashley Wilson DeWeese, (919) 539-2238
Keller Williams Preferred Realty
Bought with: Parul Patel, (732) 754-8891, Coldwell Banker HPW
Source: Doorify MLS, MLS#10079965

Home Details for 505 Gray Ave #2
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Appliances & Utilities Utilities: Sewer Available, Water Available |
View Has a ViewView: City |
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Exterior Home Features Vegetation: See Remarks |
Frontage Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: See Remarks |
Water & Sewer Sewer: Public Sewer |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Usage of Home: Residential |
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Price List Price: $100,000 |
Status Change & Dates Off Market Date: Mon Mar 10 2025Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: Durham |
School Information Elementary School: Durham - Eastway ElementaryJr High / Middle School: Durham - Durham School of the ArtsHigh School: Durham - The School for Creative Studies |
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Community Features: None |
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HOA Fee Includes: NoneNo HOA |
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Lot Area: 2613.6 sqft |
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Special Conditions: Standard |
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Listing Agreement Type: Exclusive Right To SellListing Terms: Cash |
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Mobile Home Park Mobile Home Units: Feet |
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Mls Number: 10079965 |
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HOA Amenities: NoneSource Internet Entire Listing Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 18, 2025 Source: Doorify MLS #10079965 | Sold | $75,000 |
Mar 10, 2025 Source: Doorify MLS #10079965 | Pending | $100,000 |
Mar 4, 2025 Source: Doorify MLS #10079965 | Listed For Sale | $100,000 |
Market trends in Durham
Last updated August 2026
Avg. sale price
$410K
$1.67KMoM
Sale-to-List Price
98.9%
0.3%MoM
Price per sq ft
$230
$2MoM
Available listings
1187
19MoM
Around this home
What Locals Say about Durham
At least 2022 Trulia users voted on each feature.
86 % Say it's dog friendly
83 % Say car is needed
81 % Say parking is easy
69 % Say yards are well-kept
68 % Say there's holiday spirit
66 % Say kids play outside
65 % Say there are sidewalks
62 % Say it's quiet
57 % Say people would walk alone at night
56 % Say streets are well-lit
54 % Say neighbors are friendly
50 % Say they plan to stay for at least 5 years
49 % Say there's wildlife
42 % Say it's walkable to restaurants
41 % Say it's walkable to grocery stores
36 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.
Copyright 2026 Doorify MLS of North Carolina. All rights reserved.
Frequently asked questions about 505 Gray Ave #2
- What is the price history for 505 Gray Ave #2?505 Gray Ave #2 in Durham, NC last sold for $75,000 in March 2025.
- Is Durham a buyer's or seller's market?Durham is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Durham?The median sale price in Durham is $410K. That is down $1.67K from the prior month.
- What do residents say about Durham?Residents describe Durham, NC as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Durham, NC.

