Building Summary

Data last updated on: 7/4/2024     Ownership current as of: 6/27/2024     Tax Year: 2024
REID 108246

PIN # 0821-05-6782

Location Address Property Description
2201 MOREHEAD AVE PARK PLACE/PROP-NORTH STA TE CONSTRUCTION CO DBA/L PL:000065-000080
   
Property Owner Owner's Mailing Address
DURHAMITE LAKEWOOD LLC
PO BOX 1711
DURHAM NC 27702
Parcel
Buildings
Misc Improvements
Land
Deeds
Notes
Sales
Photos
Map
Building Location Address
2201 MOREHEAD AVE
Card   of  1        Section   of  3
Building Details

Building Name APARTMENT GARDEN MASONRY
Primary Occupancy Type COMMERCIAL
Primary Occupancy 01M-APT-GARDEN-MASON
Primary Class H1M
Primary Quality C
Year Built 1970
Effective Year 1970
Physical Depreciation (Rating) CFW-CDU PERCENTAGE
Physical Depreciation (% Bad) 60.00
Economic Depreciation (% Bad)
Functional Depreciation (% Bad)
Gross Leasable Area (SQFT) 34560
Remodeled Year
Total Stories

Section Details

Occupancy Type COMMERCIAL


Quality C
Occupancy 01M-APT-GARDEN-MASON
Heat 15-HEAT-&-AC-COM
Exterior Walls N/A-EXT-WALL
Class H1M
Depreciation 60%
Depreciation CFW-CDU PERCENTAGE
Building Total & Improvement Details

Total Adjusted Replacement Cost New $4,027,382
Physical Depreciation (% Bad) CFW-CDU PERCENTAGE 60.00
Depreciated Value $1,610,953
Economic Depreciation (% Bad) 0
Functional Depreciation (% Bad) 0
Total Depreciated Value $1,610,953
Market Area Factor 1.85
Building Value $2,978,485
Misc Improvements Value $41,100
Total Improvement Value $3,019,585

Assessed Land Value $750,000
   
Assessed Total Value $3,769,585


Addition Summary 
StoryTypeCodeArea
2.00 Canopy Commercial 41 480
2.00 Canopy Commercial 41 1464
2.00 Canopy Commercial 41 1080
1.00 Canopy Commercial 41 288
1.00 Canopy Commercial 41 288
2.00 Canopy Commercial 41 480
 
Other Improvements 
UnitsDescriptionItemCodeYear% BadValue
40000 SIZE Asphalt Paving 1970 75 33000
12 UNITS Parking Lot Light 1970 55 8100
 


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




Copyright © 2022 Durham County, North Carolina.