1415 E NC Highway 54, Durham, NC 27713 Property Records

Durham County property record for 1415 E NC Highway 54, Durham, NC 27713

Property Summary

Property Type	Garden / Court Apartments (5+ Units)
Details	6,948 sqft · built 2017
Lot Size	21.2 acres (924,343 sqft)
Owner	Company Name on Record
Last Sale	$72,500,000 (Mar 2022)
Tax Bill	$602,205 (2026)
Deeds & Mortgages	Mar 2022 Sale Dec 2020 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`0728-64-2448`

Property Details

APN / Parcel Number

Primary APN	`0728-64-2448`
Alternative APNs	`0728-64-24-4892` `072804547507` `152975`

Interior

Stories	3 Stories
Building Area	6,948 sqft Heated Area

Exterior

Year Built	Built 2017
Effective Year Built	Effective 2017
Lot Area	924,343 sqft (21.2 acres)

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC
Sewer	Municipal

Location & Zoning

Street Address	1415 E NC HIGHWAY 54
City	DURHAM
State	NC
Zip	27713-2101
Property Category	Commercial
Property Type	Residential > Multi-Unit > Garden / Court Apartments (5+ Units)
Local Zoning Code	RS-M(D)
Legal Description	PROP-54 STATION LLC/54 STATION APARTMENTS PL:000197-000399
Legal Subdivision	FINAL PLAT PREPARED FOR SI YOUNG PARK
Jurisdiction	DURHAM NC
Township / Civil Division	TRIANGLE
Census Block Group	2
Census Block	2001
Census Tract	2036

Owner

Source: Durham County records, as of October 20, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	730 3RD AVE, NEW YORK, NY 10017-3206
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Mar 28, 2022	Special Warranty Deed, Transfer
Dec 14, 2020	Deed of Trust, Mortgage CBRE CAP MARKETS
Jan 18, 2019	Special Warranty Deed, Transfer · Line of Credit MF1 CAPITAL LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 28, 2022 · Amount on Record
Deed Sale	Mar 28, 2022 · Amount on Record
Prior Sale	Jan 18, 2019 · Amount on Record
Deed Document Number	202212869
Deed Book / Page	9652 / 705
Prior Transfer Date	Mar 24, 2022
Prior Transfer Doc	0096520705
Record Updated	Oct 29, 2026

March 2022: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	DURHAM NC
Recording Date	Mar 28, 2022
Property Address	1415 E NC HIGHWAY 54, DURHAM, NC 27713-2101
Document Number	0096520705
Book / Page	9652 / 705
Instrument Date	Mar 24, 2022
Instrument	2022012869
Transaction Type	Transfer
Record Updated	Aug 22, 2022

Transaction

Amount	Amount Recorded
Tax	$0.00
Amount Accuracy	Estimated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	3605 GLENWOOD AVE STE 445, 3605, RALEIGH, NC 27612-3974

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	730 3RD AVE # 4TH, NEW YORK, NY 10017-3206

December 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	DURHAM NC
Property Address	1415 E NC HIGHWAY 54, DURHAM, NC 27713-2101
Document Number	0091660236
Instrument Date	Dec 14, 2020
Transaction Type	Mortgage
Record Updated	Dec 30, 2020
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	3605 GLENWOOD AVE #445 RALEIGH NC 276123974, 445, RALEIGH, NC 27612-3974

Mortgage

Document Number	0091660236
Date	Dec 14, 2020
Book Page	009166/000236
Instrument	55088

Lender

Name	CBRE CAP MARKETS
Type	Funding / Finance Company
Address	929 GESSNER RD # 1700, HOUSTON, TX 77024-2317

Agreement

Amount	Amount Recorded
Term	120 Months
Due	Dec 13, 2030

January 2019: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	DURHAM NC
Recording Date	Jan 18, 2019
Property Address	1415 E NC HIGHWAY 54, DURHAM, NC 27713-2101
Document Number	0085810447
Book / Page	8581 / 447
Instrument Date	Jan 18, 2019
Instrument	2019001702
Transaction Type	Transfer
Record Updated	Aug 22, 2022

Transaction

Amount	Amount Recorded
Tax	$80,000.00
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name
Address	440 W MARKET ST, 440, GREENSBORO, NC 27401-2258

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 2611, RALEIGH, NC 27602-2611

Mortgage

Document Number	2019001703
Date	Jan 18, 2019
Instrument	2019001703

Lender

Name	MF1 CAPITAL LLC
Type	Non-Lending Institution

Agreement

Type	Line of Credit
Amount	Amount Recorded

Tax Assessment & Valuation

Source: Durham County assessment roll, as of September 17, 2026

Property Jurisdictions

Type	Name
State	North Carolina
County	Durham County
Municipality	Durham City
Unified School District	Durham Public Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$602,205.00 (-22.83%)	$78,722,376 (-) Land $14,400,000 Building $64,322,376	$78,722,376 (-) Land $14,400,000 Building $64,322,376
2025	$780,374.00 (+48.46%)	$78,722,376 (+97.65%) Land $14,400,000 Building $64,322,376	$78,722,376 (+97.65%) Land $14,400,000 Building $64,322,376
2023	$525,639.00 (+3.11%)	$39,828,244 Land $3,300,000 Building $36,528,244	$39,828,244 Land $3,300,000 Building $36,528,244
2022	$509,761.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective June 21, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · lower than 76% of North Carolina
Wildfire Likelihood	0.01% annual chance
Exposure	Indirect within ember reach
Adjoins Burnable Land	Yes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF DURHAM serves 333,490 people · EPA ID NC0332010
Water Source	Surface water
Last State Inspection	Mar 2026
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 360 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
AT&T Fiber	5,000 / 5,000
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: Frontier, Google Fiber, Hotwire Communications.

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