Building Summary

Data last updated on: 8/14/2026     Ownership current as of: 8/11/2026     Tax Year: 2026
REID 108226

PIN # 0821-15-6623

Location Address Property Description
2003 HOUSE AVE PROP-SOUTHEAST PROPERTIES I/LT#01 DBA/GARDEN TERRA PL:000135-000147
   
Property Owner Owner's Mailing Address
LRB GARDEN TERRACE LLC
2814 CHAPEL HILL RD
DURHAM NC 27707
Parcel
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Misc Improvements
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Income
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Notes
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Building Location Address
2003 HOUSE AVE
Card   of  1        Section   of  5
Building Details

Building Name APARTMENT GARDEN MASONRY
Primary Occupancy Type COMMERCIAL
Primary Occupancy 01M-APT-GARDEN-MASON
Primary Class H1M
Primary Quality C-10
Year Built 1964
Effective Year 1964
Physical Depreciation (Rating) CPW-CDU PERCENTAGE
Physical Depreciation (% Bad) 70.00%
Economic Depreciation (% Bad) 0%
Functional Depreciation (% Bad) 0%
Gross Leasable Area (SQFT) 25000
Remodeled Year
Total Stories

Section Details

Occupancy Type COMMERCIAL


Class H1M
Depreciation 70%
Depreciation CPW-CDU PERCENTAGE
Heat 15-HEAT-&-AC-COM
Occupancy 01M-APT-GARDEN-MASON
Quality C-10
Exterior Walls N/A-EXT-WALL
Building Total & Improvement Details

Total Adjusted Replacement Cost New $4,857,967
Physical Depreciation (% Bad) 70.00%
Depreciated Value $1,457,390
Economic Depreciation (% Bad) 0%
Functional Depreciation (% Bad) 0%
Total Depreciated Value $1,457,390
Market Area Factor 1.00
Building Value $1,457,390
Misc Improvements Value $38,223
Total Improvement Value $1,495,613

Assessed Land Value $1,750,000
   
Assessed Total Value $2,824,122


Addition Summary 
StoryTypeCodeArea
2.00 Canopy Commercial 41 175
3.00 Canopy Commercial 41 175
3.00 Canopy Commercial 41 44
2.00 Canopy Commercial 41 296
3.00 Canopy Commercial 41 44
3.00 Canopy Commercial 41 44
3.00 Canopy Commercial 41 175
3.00 Canopy Commercial 41 44
1.00 Canopy Commercial 41 175
2.00 Canopy Commercial 41 44
2.00 Canopy Commercial 41 175
2.00 Canopy Commercial 41 44
3.00 Canopy Commercial 41 44
3.00 Canopy Commercial 41 175
3.00 Canopy Commercial 41 44
1.00 Apartment Finished CF01 5000
1.00 Apartment Unfinished CU01 625
 
Other Improvements 
UnitsDescriptionItemCodeYear% BadValue
17000 SIZE Asphalt Paving 1964 75 18063
2688 SIZE Fence, Wrought Iron 6' 1964 75 20160
 


Building Sketch
Photograph
Building Sketch Building Photo
(Click sketch for bigger image)




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