Incredible Investor opportunity in the coveted Woodcroft neighborhood! Don't miss this spacious 3-bedroom townhome offering an impressive footprint with nearly 2,000 square feet across the first two levels, plus an additional 900 square feet in the walk-out basement. This property presents a rare opportunity to create significant value and return on your investment. The functional layout includes generously sized bedrooms, multiple living areas, and a large deck with wooded views overlooking the Woodcroft trail. The walk-out basement provides added flexibility for future expansion, recreation space, or additional rental appeal. Whether you're an investor seeking your next project or a buyer ready to customize a home to your exact vision you won't want to miss this opportunity! Cash purchase only. Property does not qualify for conventional financing. Sold as-is. Flooring removed due to leak from half bath - was professionally mitigated. Documents available in MLS.
For sale
$250,000
5500 Fortunes Ridge Dr APT 80B, Durham, NC 27713
3beds
2,879sqft
Est.:
Townhouse, Residential
Built in 1985
1,742.4 Square Feet Lot
$251,300 Zestimate®
$87/sqft
$237/mo HOA
What's special
Walk-out basementGenerously sized bedrooms
- 13 days |
- 2,989 |
- 110 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: February 23, 2026 at 06:07pm
Listed by:
Kelsey Kearney 919-608-0295,
Allen Tate / Durham
Source: Doorify MLS,MLS#: 10147355
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Carpet, Vinyl, Wood
- Basement: Partially Finished, Walk-Out Access
Interior area
- Total structure area: 2,879
- Total interior livable area: 2,879 sqft
- Finished area above ground: 1,941
- Finished area below ground: 938
Property
Parking
- Total spaces: 2
- Parking features: Open
- Uncovered spaces: 2
Features
- Levels: Three Or More
- Stories: 3
- Has view: Yes
Lot
- Size: 1,742.4 Square Feet
Details
- Parcel number: 148997
- Zoning: PDR
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Transitional
- Property subtype: Townhouse, Residential
Materials
- Brick Veneer
- Roof: Shingle
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Fortunes Ridge Homeplace
HOA
- Has HOA: Yes
- Services included: Maintenance Structure
- HOA fee: $237 monthly
Location
- Region: Durham
Financial & listing details
- Price per square foot: $87/sqft
- Tax assessed value: $410,182
- Annual tax amount: $4,066
- Date on market: 2/19/2026
Estimated market value
$251,300
$239,000 - $264,000
$2,171/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Listed for sale | $250,000+35.9%$87/sqft |
Source:  Doorify MLS #10147355 Report a problem | ||
| 5/3/2005 | Sold | $184,000$64/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,066 +44.5% | $410,182 +103.4% |
| 2024 | $2,814 +6.5% | $201,705 |
| 2023 | $2,642 +2.3% | $201,705 |
| 2022 | $2,582 +0.5% | $201,705 |
| 2021 | $2,570 +2.4% | $201,705 |
| 2020 | $2,509 | $201,705 |
| 2019 | $2,509 | $201,705 +17.9% |
| 2018 | $2,509 +8.9% | $171,043 |
| 2017 | $2,303 +3.5% | $171,043 -3.9% |
| 2016 | $2,225 | $178,043 +2.7% |
| 2015 | $2,225 -7.3% | $173,351 |
| 2014 | $2,400 | $173,351 |
| 2013 | -- | $173,351 |
| 2012 | -- | $173,351 |
| 2011 | $2,259 +0.4% | $173,351 |
| 2010 | $2,250 +4% | $173,351 |
| 2009 | $2,164 | $173,351 |
| 2008 | $2,164 +16.6% | $173,351 +31.9% |
| 2007 | $1,855 +1.4% | $131,402 |
| 2006 | $1,829 | $131,402 |
| 2005 | $1,829 +1.4% | $131,402 |
| 2004 | $1,804 | $131,402 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,563/mo
Principal & interest
$1168
HOA Fees
$237
Property taxes
$158
Climate risks
Neighborhood: Woodcroft
Nearby schools
GreatSchools rating
- 9/10Southwest ElementaryGrades: PK-5Distance: 0.4 mi
- 8/10Sherwood Githens MiddleGrades: 6-8Distance: 3 mi
- 4/10Charles E Jordan Sr High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Durham - Southwest
- Middle: Durham - Githens
- High: Durham - Jordan
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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