Durham · Commercial sale
Kress Residential Partners buys 130 S Mangum St in Durham for $1.3 million
A parking lot at 130 S Mangum St, Durham sold for $1,300,000 on July 20, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $1,300,000
- Recorded
- July 20, 2026
- Property type
- Parking lot
- Lot size
- 6,534 sq ft
A parking lot at 130 S Mangum St in Durham sold for $1,300,000, just under its recorded market value, according to a deed filed July 20, 2026 with the Durham County Register of Deeds.
The buyer is Kress Residential Partners LLC, as listed in the recorder’s index, and the sale price was indicated by the transfer tax paid on the deed, the Durham County Assessor reported.
The Assessor’s records show the 6,534-square-foot lot carries a market value of $1,346,083 on the tax roll.
What this sale costs to close
What does closing cost at this price? Under Durham County custom the seller's larger charges are $2,600 for the excise tax on conveyances (revenue stamps) and $300 for the seller's attorney fee. The seller's estimated net is $1,291,686 before brokerage commissions and any loan payoff. A cash buyer would need about $1,299,307 at closing.
Source: Durham County Tax Administration, parcel records, document 10589-908. The price is the one indicated by the transfer tax paid; it may not be the actual sale price. Property details: Durham County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
