506 Gray Ave, Durham, NC 27701
Property image
Property image
OFF MARKET

$935,400

Trulia Estimate
  • 4 Beds
  • 3.5 Baths
  • 2,614 sqft

506 Gray Ave, Durham, NC 27701

Cleveland-Holloway
Est. Refi. Payment $5,676/mo*
Refinance Your Home
Currently Off Market - Sold Jan 28, 2025 for $917,000

Home Value

Trulia Estimate
$935K
Since last month
Increased$18K (+2%)
Since last year
Increased$35K (+3.9%)
Since last sale
Increased$18K (+2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +659% in the last 10 years
MonthEstimated value
2026
September 2026$935K
August 2026$917K
July 2026$889K
June 2026$890K
May 2026$877K
April 2026$883K
March 2026$877K
February 2026$878K
January 2026$892K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
501 Mallard Ave, Durham, NC
0.18
Single-Family Home
$708,000
10/30/25
3
3
2,525
807 N Elizabeth St, Durham, NC
0.07
Single-Family Home
$662,500
06/26/26
3
2.5
1,678
314 Gray Ave, Durham, NC
0.17
Single-Family Home
$675,000
04/01/26
3
2.5
2,331
823 Glendale Ave, Durham, NC
0.46
Single-Family Home
$1,019,000
04/24/26
4
2.5
2,509
1206 Gearwood Ave, Durham, NC
0.15
Single-Family Home
$579,000
08/10/26
3
2.5
1,714
1206 N Roxboro St, Durham, NC
0.36
Single-Family Home
$855,000
10/08/25
3
2.5
2,232
510 Gray Ave, Durham, NC
0.02
Single-Family Home
$565,000
03/23/26
3
2
1,412
405 N Elizabeth St, Durham, NC
0.21
Single-Family Home
$550,000
01/30/26
5
2.5
2,091
603 Lee St, Durham, NC
0.22
Single-Family Home
$606,947
04/21/26
3
2.5
2,154
809 Drew St, Durham, NC
0.28
Single-Family Home
$525,000
05/20/26
3
2.5
2,192

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
510 Gray Ave, Durham, NC 27701
0.02
$565,000
3
2
1,412
Recently Sold
605 Canal St, Durham, NC 27701
0.02
$675,300
4
2.5
2,110
Off Market
505 Gray Ave #2, Durham, NC 27701
0.03
-
-
-
-
Off Market
613 Canal St, Durham, NC 27701
0.05
$555,000
4
2.5
1,810
Off Market
604 Canal St, Durham, NC 27701
0.06
$554,500
3
2
1,403
Off Market
608 Canal St, Durham, NC 27701
0.06
$460,000
3
2
1,277
Recently Sold
610 Canal St, Durham, NC 27701
0.06
$680,100
4
2.5
2,162
Off Market
408 Gray Ave, Durham, NC 27701
0.06
$700,000
3
2
1,732
For Sale
507 Canal St, Durham, NC 27701
0.06
$547,500
3
2.5
1,548
Off Market
805 N Elizabeth St, Durham, NC 27701
0.06
$290,300
2
2
1,232
Off Market
602 Gray Ave, Durham, NC 27701
0.08
$491,100
3
2
1,161
Off Market

Local Information

  • Map ViewExplore the area around 506 Gray Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2024
2,614 sqft
$358/sqft
Garage

About this House

URBAN SOPHISTICATION Meets IN-TOWN COOL!

Timeless Finishes & Thoughtful Builder Upgrades Really Punch Up This Impeccable Property And Are Sure To Surprise & Delight You At Every Turn. The Floorplan Gives New Meaning To The Phrase ''Great Flow''. Solidly Built, This Spacious Home Offers THRILLING Legacy Quality Finishes Including 10 Foot Ceilings on the 1st Floor and 9 Foot Ceilings on the 2nd Floor, Built-in Bookcases & Gleaming, Site Finished Hardwood Flooring On Both Floors, And That Extremely Hard to Find ''Garage, Downtown'' Puts The Cherry On Top!

Abundant Natural Daylight Pours Thru the Pella Windows, Highlighting the Standout Stainless Bosch Appliances, Custom KraftMaid, Shaker Style Cabinetry & Smooth As Silk Quartz Countertops, A Stainless Farm-House Sink with Kohler Fixtures, And A Walk-in Pantry Create A Kitchen Worthy Of A Magazine Cover!

Entertain A Crowd In The Dining Room With The Adjacent Wet Bar, Beverage Cooler & 2nd Sink, Or Gather Around The Masonry Wood Burning Fireplace In The Family Room, Flanked By Built-in Bookcases, with Hidden Pre-Wires & Built In Audio For Your Streaming ''Must-Haves''.

The Serene & Restful 1st Floor Primary Suite Also Provides 2 Nicely Finished Walk-In Closets Offering Ample Storage Options & Solutions, PLUS A Sparkling, White Marble, Primary Bathroom Featuring A Double Width Shower with Frameless Glass Enclosure & Built-in Seating, Dual Vanities, Linen Closet, and a Deep Tub Invite You To Luxuriously Soak Away ALL Your Cares.

Take The Extra Wide, Open Staircase To The 2nd Floor Where You Will Find A Wonderful & FLEXIBLE, Light Filled Loft Space, Complete With Built-in Bookcases & Hidden Pre-Wires. 3 Additional, Good-Sized, Secondary Bedrooms, 2 More Bathrooms (1 En-Suite, 1 Jack & Jill), & A Laundry Area Designed To Be Big Enough For Side By Side Appliances, And Yes, A Second Linen Closet Thoughtfully Located Nearby!

The Screened-In Porch Overlooks A ''Just The Right Size'' Totally Fenced, Rear Yard With Bermuda Sod, PLUS A Hardscaped Patio & Built-In Firepit Setting The Tone to Entertain Family & Friends Outside, As Well. Very Well Indeed.

This Gray Avenue, Site-Built Home With Attached Garage Is Centrally Located on a Desirable Kid, Bike, & Pooch Friendly, Side-Street In Durham's Diverse, Historic Area. Smartly Tucked Away Just Several Blocks North of the Historic Cleveland Holloway N'hood & Just A Few Blocks South of the Historic Old North Durham N'hood & Right Off Elizabeth Street, Gray Avenue Is A Very Convenient & Quiet, Low Traffic Side-Street With Off The Charts Walkability & Bikeability Scores!
506 Gray Ave, Durham, NC 27701 is a 4 bedroom, 4 bathroom, 2,614 sqft single-family home in Cleveland-Holloway, built in 2024. It last sold for $917,000 on Jan 28, 2025 (1% below the $929,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $935,400, with a rent estimate of $3,518/month.
Last check for updates: about 2 hours ago
Listed by Tim Hock, (919) 801-5151
Tim Hock Properties
Bought with: Kenneth Martin Jackson, (828) 279-2198, Nest Realty of the Triangle
Source: Doorify MLS, MLS#10056177

Home Details for 506 Gray Ave

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Master Bathroom, Bathroom 2, Bathroom 3, Dining Room, Family Room, Kitchen, Laundry, Loft, OtherWet Bar
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2614 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water ConnectedAppliances: Bar Fridge, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater, Ice Maker, Microwave, ENERGY STAR Qualified Water Heater, Range, Refrigerator, Range Hood, Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan, Wine RefrigeratorDishwasherLaundry: Laundry Closet,Electric Dryer Hookup,In Hall,Upper Level,Washer HookupMicrowaveRefrigerator
Heating & Cooling
Heating: Central,Forced Air,Natural GasHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),Dual,Electric,ENERGY STAR Qualified EquipmentHas HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Family Room, Masonry, Wood BurningSpa: NoneNo Spa
Windows, Doors, Floors & Walls
Window: Double Pane Windows, ENERGY STAR Qualified Windows, Wood FramesFlooring: Hardwood, Marble, Other
Levels, Entrance, & Accessibility
Stories: 2Levels: Bi-Level, TwoFloors: Hardwood, Marble, Other
View
Has a ViewView: City, Downtown
Security
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: Architectural ShinglePatio / Porch: Front Porch, Rear Porch, ScreenedFencing: Back Yard, Fenced, Perimeter, WoodExterior: Fire Pit, Private Yard, Rain Gutters, Fenced YardFoundation: Block, Brick/Mortar, Combination
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Open Parking Spaces: 1No CarportHas a GarageHas Open ParkingParking Spaces: 2Parking: Attached,Concrete,Covered,Driveway,Garage Faces Front,Garage,Garage Door Opener,Inside Entrance,Off Street,On Street,Parking Pad,Private
Pool
Pool: None
Frontage
Frontage Type: See RemarksRoad Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2614 Square Feet

Property Information

Year Built
Year Built: 2024Year Renovated: 2024
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Site BuiltArchitecture: Craftsman,Traditional,Transitional
Building
Construction Materials: Fiber Cement, HardiPlank TypeIs a New Construction
Property Information
Condition: New ConstructionParcel Number: 110627

Price & Status

Price
List Price: $929,000
Status Change & Dates
Off Market Date: Mon Jan 06 2025Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: Durham
School Information
Elementary School: Durham - Eastway ElementaryJr High / Middle School: Durham - Lucas Middle SchoolHigh School: Durham - Northern High

Building

Building Area
Building Area: 2614 Square Feet

Community

Community Features: Curbs, Street Lights, Historical Area

HOA

No HOA

Lot Information

Lot Area: 7148.196 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, VA Loan

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

BasementMls Number: 10056177Above Grade Unfinished Area: 2614Start Showing Date: Tue Oct 08 2024

Additional Information

HOA Amenities: NoneSource Internet Entire Listing Display

Price and Tax history

DateEventPrice
Jan 28, 2025
Source: Doorify MLS #10056177
Sold
$917,000
Jan 7, 2025
Source: Doorify MLS #10056177
Pending
$929,000
Nov 15, 2024
Source: Doorify MLS #10056177
PriceChange
$929,000
Price decreased by 5%
Oct 8, 2024
Source: Doorify MLS #10056177
Listed For Sale
$979,000
Dec 13, 2023
Source: N/A
Sold
$255,000

Market trends in Durham

Last updated August 2026
Buyer'sMarketSeller'sMarket
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

Neighborhood Overview

Cleveland-Holloway
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Cleveland-Holloway

  • 77bluewater1
    "I've lived in this neighborhood for 5 years. Love living in this neighborhood and it is in the perfect location. Easily get Downtown, shopping and RTP. "
    4
    Flag
  • Heather Czechowski
    "I have lived in this neighborhood for 3 years. The townhome community is always quiet and neighbors are always friendly. It is centrally located, so it is an easy commute to places in Durham, but also Chapel Hill and Cary. There are plenty of shops and restaurants nearby. The HOA does a great job maintaining the grounds as well. It is a great place for young professionals and/or young families."
    101
    Flag
  • Maggie M.
    "Walkable to downtown and by car, Cleveland-Holloway is 25 minutes to UNC, 10 minutes to Duke, 10 minutes to NCCU, 15 to the airport and 45 to Raleigh."
    19
    Flag
  • Tim H. R. G.
    "Awesome Area Of Downtown Durham. Close to the action and places to go out, but still 'feels' like a real neighborhood."
    22
    Flag
  • Ashton R.
    "People drive really fast with zero concern that it’s a neighborhood bc it’s a shortcut to the highway from all the one way streets downtown"
    43
    Flag
  • Katherine L.
    "We look out for each other and we care about making our city better long term. More work needs to be done but I am proud to live here "
    0
    Flag
  • Katherine L.
    "people really try to take care of each other save the elitists with money. good things happen here as often as bad things just like anywhere. Infinite possibility means miracles happen on a regular basis. i feel supported by people showing out to tell each other we are here for one another. "
    0
    Flag
  • Susana D.
    "Why live in surburbia when I can walk to world-class entertainment and restaurants, visit the Durham Central Park Farmer's Market, be a 5-minute walk from the gym? This is GREAT urban living. I love Durham!"
    0
    Flag

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.

Frequently asked questions about 506 Gray Ave

  • What is 506 Gray Ave estimated to be worth?
    Trulia's estimated value for 506 Gray Ave in Durham, NC is $935,400.
  • What is the price history for 506 Gray Ave?
    506 Gray Ave in Durham, NC last sold for $917,000 in January 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.
  • Does 506 Gray Ave have air conditioning?
    Yes, 506 Gray Ave in Durham, NC has air conditioning.
  • Does 506 Gray Ave have laundry facilities?
    Yes, 506 Gray Ave in Durham, NC has laundry facilities.

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