1402 W Lakewood Ave Durham, NC 27707
Lyon Park Neighborhood
2
Beds
1
Bath
872
Sq Ft
0.29
Acres
Highlights
- 0.29 Acre Lot
- Wood Flooring
- No HOA
- Lakewood Montessori Middle School Rated A-
- Corner Lot
- 4-minute walk to Lyon Park
About This Home
As of January 2025Rare, move-in ready bungalow in the beautiful Lakewood neighborhood for under $400K. ONLY 5 minutes to Duke campus. Walking distance to Cocoa Cinnamon, Lakewood Social, Lula and Sadie's.
Very well maintained home with real oak floors, updated kitchen, new tile and carpet, fireplace, covered back deck, fenced in big backyard AND a wired detached studio (with AC). Could easily be converted to an ADU. Watch the world go by from your front porch up on the hill. Take in the native flowers that bloom all spring and summer.
Great first home or excellent turn-key investment (rents easily for $1800/mo). Lakewood is highly sought after. Bike to Guglhupf, Beer Study, Thai Cafe and Q Shack. New homes a block away selling for $2.6 million. Don't miss out on the rare opportunity to buy into Lakewood at this price with this much quality.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,467
Year Built
- Built in 1952
Lot Details
- 0.29 Acre Lot
- Landscaped
- Native Plants
- Corner Lot
- Garden
- Back Yard Fenced and Front Yard
Home Design
- Bungalow
- Brick Veneer
- Pillar, Post or Pier Foundation
- Block Foundation
- Shingle Roof
- Aluminum Siding
- Lead Paint Disclosure
Interior Spaces
- 872 Sq Ft Home
- 1-Story Property
- Fireplace
- Living Room
- Workshop
- Stacked Washer and Dryer
Kitchen
- Gas Range
- Free-Standing Range
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- 3 Parking Spaces
- Private Driveway
- 3 Open Parking Spaces
Outdoor Features
- Covered patio or porch
Schools
- Pearson Elementary School
- Lakewood Montessori Middle School
- Jordan High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Heat Pump System
- Natural Gas Connected
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0821-34-5039
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | For Sale | $430,000 | +13.2% | $491 / Sq Ft |
| 01/10/2025 01/10/25 | Sold | $380,000 | +1.3% | $436 / Sq Ft |
| 12/03/2024 12/03/24 | Pending | -- | -- | -- |
| 12/03/2024 12/03/24 | For Sale | $375,000 | +31.1% | $430 / Sq Ft |
| 12/14/2023 12/14/23 | Off Market | $286,000 | -- | -- |
| 05/13/2021 05/13/21 | Sold | $286,000 | +10.4% | $322 / Sq Ft |
| 04/19/2021 04/19/21 | Pending | -- | -- | -- |
| 04/15/2021 04/15/21 | For Sale | $259,000 | -- | $292 / Sq Ft |
Source: Doorify MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,847 | $204,074 | $70,620 | $133,454 |
| 2023 | $2,673 | $204,074 | $70,620 | $133,454 |
| 2022 | $2,612 | $204,074 | $70,620 | $133,454 |
| 2021 | $2,600 | $204,074 | $70,620 | $133,454 |
| 2020 | $2,538 | $204,074 | $70,620 | $133,454 |
| 2019 | $2,538 | $204,074 | $70,620 | $133,454 |
| 2018 | $2,291 | $168,858 | $48,150 | $120,708 |
| 2017 | $2,274 | $168,858 | $48,150 | $120,708 |
| 2016 | $2,197 | $168,858 | $48,150 | $120,708 |
| 2015 | $1,774 | $128,168 | $22,929 | $105,239 |
| 2014 | $1,774 | $128,168 | $22,929 | $105,239 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $323,000 | New Conventional | |
| Previous Owner | $175,000 | New Conventional | |
| Previous Owner | $92,400 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $18,600 | Unknown | |
| Previous Owner | $90,400 | Purchase Money Mortgage | |
| Previous Owner | $91,424 | FHA | |
| Previous Owner | $93,538 | Unknown | |
| Previous Owner | $93,750 | FHA |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $380,000 | None Listed On Document | |
| Warranty Deed | $285,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $113,000 | None Available | |
| Warranty Deed | $94,000 | -- |
Source: Public Records
Similar Homes in Durham, NC
Source: Doorify MLS
MLS Number: 10065665
APN: 107985
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