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Sold on 10/31/2025
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601 611 Panama Ter, Durham, NC 27713

$280,000

Last sold 10/31/2025 for $105K

  • —

    bed

  • —

    bath

  • 0.34

    Acre ($308K/Acre)

Lot/Land not for sale
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About 601 611 Panama Ter

Property type Lot/Land
Neighborhood
HOA fee $0/month
Lot size 0.34 Acre
Movoto estimate
Property description
601 and 611 Panama Terrace offer a combined 0.84 acres (.34 and .53 acres individually). Steps from the American Tobacco Trail and minutes to everything, welcome to 611 Panama Terrace. This is a rare opportunity to own unimproved land in one of Durham's most accessible and desirable locations. Tucked into a quiet residential pocket, this lot offers a blank canvas for your dream home or next investment project. Enjoy being just around the corner from The Streets at Southpoint Mall, with top-tier shopping, dining, and entertainment. With easy access to I-40, NC-147, and I-85, commuting is seamless, whether you're headed to Downtown Durham, RTP, or Chapel Hill. This property offers the perfect balance: the charm of neighborhood living with the benefit of nearby urban convenience. City water and sewer access available. Whether you're building for personal use or capitalizing on Durham's fast-growing real estate market, this lot delivers location, flexibility, and long-term value.
Listed by
Listing Agent - Davida Hamilton Major
Listing Office - Keller Williams Elite Realty
Source: Doorify MLS mls logo
MLS#10108060 • last updated 11 months ago
Movoto checked Doorify MLS for data 42 minutes ago
Overview
MLS # 10108060
Type Land
Status Closed
SubType Unimproved Land
Lot Size (SqFt) 14810
Lot Size (Acres) 0.34
Property Tax 60
Interior
Amenities / Utilities
Utilities Cable Available, Electricity Available, Sewer Available, Water Available, Other
Sewer/Septic Public Sewer, None, None24
Water Source Public, None
Location
County Durham
Subdivision Not In A Subdivision
Elementary School Durham - Southwest
Middle School Durham - Githens
High School Durham - Jordan
Zoning VAC RES/ LOT-SM
APN 0729-55-8908
Directions Begin By Taking Interstate 40 West Toward Durham. After About 3 Miles, Take Exit 276 For Fayetteville Road (NC 54). Turn Right Onto Fayetteville Road And Follow It For Approximately 2 Miles. Turn Left Onto Juliette Drive, And Then Make A Right Onto South Roxboro Street. Continue For About 1 Mile Along South Roxboro, Then Turn Left Onto Pearson Drive. Take The First Left Onto Panama Terrace, You'll Find 611 Panama Terrace On The Left.
Lot/ Land Details
Road Frontage Unimproved
Road Surface Dirt, Gravel
Road Responsibility Private Maintained Road
$280K
Range: $176K-$383K
Last 30 days 
  • Nov 2025
    mls logo MLS # 10108060
  • Nov 14, 2025 Sold
    $105,000 (-33.3%)
  • Oct 3, 2025 Pending
    —
  • Aug 11, 2025 Price Change
    $120,000 (-20.0%)
  • Jul 8, 2025 Listed
    $130,000
  • Oct 2025
    Public Records
  • Oct 31, 2025 Sold
    $157,500 (+31.3%)
  • Oct 2025
    mls logo MLS # 10114725
  • Oct 3, 2025 Pending
    —
  • Aug 7, 2025 Listed
    $150,000 (+15.4%)
  • Year Property taxes Tax assessment
  • 2025
    $397 +680.5%
    $39,997 +998.22%
  • 2024
    $51 +6.5%
    $3,642
  • 2023
    $48 +2.3%
    $3,642
  • 2022
    $47 +0.5%
    $3,642
  • 2021
    $46 +2.4%
    $3,642
  • 2020
    $45
    $3,642
  • 2019
    $45 -23.6%
    $3,642 -16.68%
  • 2018
    $59 +4.3%
    $4,371
  • 2016
    $57 +8.3%
    $4,371
  • 2015
    $53
    —
  • 601 611 Panama Ter
    $105K
  • Hope Valley Farms
    $410K +2% y/y
  • 27713
    $424K +1% y/y
  • Durham
    $404K -4% y/y
No chart available
Statistics calculated by Movoto

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6/10
Southwest Elementary
public Grades PK, K-5
Durham Public School District
6/10
Morehead Montessori
public Grades PK, K-5
Durham Public School District
6/10
Sherwood Githens Middle
public Grades 6-8
Durham Public School District
4/10
Charles E Jordan Sr High School
public Grades 9-12
Durham Public School District
Source: GreatSchools.org © 2026. All rights reserved.

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