1. Home
  2. North Carolina
  3. Durham County
  4. Durham
  5. Morreene Rd

700 Morreene Rd, #B, Durham, NC 27705 Property Records

Durham County property record for 700 Morreene Rd, #B, Durham, NC 27705 · Last verified August 2026

Property Summary

Property TypeGarden / Court Apartments (5+ Units)
Details15,198 sqft · built 1970
Lot Size12.7 acres (557,132 sqft)
OwnerCompany Name on File
Last Sale$31,000,000 (Jul 2022)
Tax Bill$307,226 (2025)
Deeds & MortgagesAug 2026 Mortgage
Jan 2023 Mortgage
+ 3 more
Flood ZoneZone X (minimal risk)
APN0812-23-5437

Property Details

APN / Parcel Number

Primary APN0812-23-5437
Alternative APNs
  • 0812-23-54-3788
  • 081214236388
  • 124750

Interior

Units235 Units
Stories1 Story
Building Area15,198 sqft Heated Area
1st Floor Area11,832 sqft

Exterior

Year BuiltBuilt 1970
Effective Year BuiltEffective 1970
Exterior MaterialBrick Veneer
Roof MaterialAsphalt
Lot Area557,132 sqft (12.7 acres)
Pool TypePublic / Commercial Pool

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemFloor/Wall Furnace
SewerMunicipal

Location & Zoning

Street Address700 MORREENE RD, B
CityDURHAM
StateNC
Zip27705-2933
Property CategoryCommercial
Property TypeResidential > Multi-Unit > Garden / Court Apartments (5+ Units)
Legal DescriptionPROP-NYE C B-EVELYN COONR AD-D M WRIGHT DBA/MORREE PL:000063-000072
Legal SubdivisionERNEST V TILLEY
JurisdictionDURHAM NC
Township / Civil DivisionDURHAM
Census Block Group2
Census Block2000
Census Tract1706

Owner

Source: Durham County records · APN 0812-23-5437

Assessment roll updated September 23, 2025 · Last verified August 2026

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

Owner of RecordCompany Name on File
Mailing Address2082 MICHELSON DR, 450, IRVINE, CA 92612-1233
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Aug 04, 2026Deed of Trust, Mortgage · Conventional Mortgage
JPMORGAN CHASE BANK
Jan 10, 2023Deed of Trust, Mortgage · Commercial Mortgage
WINTRUST BANK NA
Dec 22, 2025Special Warranty Deed, Transfer
Nov 15, 2024Special Warranty Deed, Construction Loan · Construction Mortgage
BERKADIA COMMERCIAL MORTGAGE LLC
Jul 29, 2022Special Warranty Deed, Transfer

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJul 29, 2022 · Amount on Record
Deed SaleJul 29, 2022 · Amount on Record
Deed Document Number202231175
Deed Book / Page9752 / 642
Prior Transfer DateMar 30, 2015
Prior Transfer Doc0076730128
Record UpdatedSep 20, 2026

August 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionDURHAM NC
Recording DateAug 04, 2026
Property Address700 MORREENE RD, B, DURHAM, NC 27705-2933
Document Number0000183315
Book / Page10599 / 857
Instrument DateJul 31, 2026
Instrument2026183315
Transaction TypeMortgage
Record UpdatedAug 10, 2026
Title CompanyFIRST NATIONAL FINANCIAL TITLE, FIRST NATIONAL FINANCIAL TIT

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership, 266

Mortgage

Document Number0000183315,
DateAug 04, 2026
Book Page10599/857
Instrument2026183315
Lender
NameJPMORGAN CHASE BANK
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Interest
Rate6.43%
Max Rate-1%

January 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionDURHAM NC
Property Address700 MORREENE RD # B, B, DURHAM, NC 27705-2933
Transaction TypeMortgage
Record UpdatedDec 12, 2025

Transferred To (Grantee/Buyer)

NameVerified Name
Address2082 MICHELSON DR 4TH, 4, IRVINE, CA 92612-1212

Mortgage

Document Number0098460696
DateJan 10, 2023
Book Page9846/696
Instrument2023048935
Lender
NameWINTRUST BANK NA
TypeBank
AddressCHICAGO, IL 60604
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term36 Months
DueJan 10, 2026

December 2025: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionDURHAM NC
Recording DateDec 22, 2025
Property Address700 MORREENE RD # B, B, DURHAM, NC 27705-2933
Document Number0104500343
Book / Page10450 / 343
Instrument DateDec 11, 2025
Instrument2025158474
Transaction TypeTransfer
Record UpdatedJan 06, 2026

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address2082 MICHELSON DR STE 450, 450, IRVINE, CA 92612-1233

Transferred To (Grantee/Buyer)

NameVerified Name
Address2082 MICHELSON DR # 4THFL, 4THFL, IRVINE, CA 92612-1212

November 2024: Special Warranty Deed, Construction Loan

Document TypeSpecial Warranty Deed
JurisdictionDURHAM NC
Recording DateNov 15, 2024
Property Address700 MORREENE RD # B, B, DURHAM, NC 27705-2933
Document Number0102070319
Book / Page10207 / 319
Instrument DateNov 11, 2024
Instrument2024115253
Transaction TypeConstruction Loan
Record UpdatedDec 12, 2025

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address2082 MICHELSON DR STE 450, 450, IRVINE, CA 92612-1233

Transferred To (Grantee/Buyer)

NameVerified Name
Address2082 MICHELSON DR, IRVINE, CA 92612-1212

Mortgage

Document Number2024115254
DateNov 15, 2024
Instrument2024115254
Lender
NameBERKADIA COMMERCIAL MORTGAGE LLC
TypeMortgage Company
Agreement
TypeConstruction Mortgage
AmountAmount Recorded
Term25 Months
DueDec 01, 2026

July 2022: Special Warranty Deed, Transfer

Document TypeSpecial Warranty Deed
JurisdictionDURHAM NC
Recording DateJul 29, 2022
Property Address700 MORREENE RD # B, B, DURHAM, NC 27705-2933
Document Number0097520642
Book / Page9752 / 642
Instrument DateJul 29, 2022
Instrument2022031175
Transaction TypeTransfer
Record UpdatedOct 31, 2023

Transaction

AmountAmount Recorded
Tax$62,000.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address3900 MAPLEFIELD DR, RALEIGH, NC 27613-6212

Transferred To (Grantee/Buyer)

NameVerified Name
Address2082 MICHELSON DR # 4TH, IRVINE, CA 92612-1212

Tax Assessment & Valuation

Source: Durham County records · Assessment roll updated September 23, 2025 · Last verified August 2026

Property Jurisdictions

TypeName
StateNorth Carolina
CountyDurham County
MunicipalityDurham City
Unified School DistrictDurham Public Schools (PK - 12)

Tax Bill & Assessment History

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2025$307,226.00 (+169.8%)$30,992,328 (+248.72%) Land $7,840,000 Building $23,152,328$30,992,328 (+248.72%) Land $7,840,000 Building $23,152,328
2023$113,873.00 (+0.11%)$8,887,492 Land $2,800,000 Building $6,087,492$8,887,492 Land $2,800,000 Building $6,087,492
2022$113,751.00

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Durham County (37063C), updated June 21, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 370630017062, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Special Flood Hazard AreaNo
Flood HazardMinimal
500-Year FloodplainNo
Flood Insurance CostPremium on Record
median of 7 individual NFIP policies nearby
Community Rating SystemClass 7 (15% premium discount)
Nearby Flood Policies7 in force
2 of 7 on primary residences
Nearby Flood Claims1 (2000)
Claims Outside the SFHA1 of 1
Most Recent ClaimJul 2000, tidal / storm surge

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Nearby Properties on Morreene Rd

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures