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.
Last Agent to Sell the Property
Fathom Realty NC, LLC License #276163 Listed on: 12/03/2024
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 3, 2024
Closed on
Jan 8, 2025
Sold by
Fisher Kinsey Christmas and Zachman Andrew Nicholas
Bought by
Lee Joseph and Ellis Roy
Seller's Agent
Hillary Fisher
Fathom Realty NC, LLC
Buyer's Agent
Roy Ellis
Compass -- Chapel Hill - Durham
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$323,000
Outstanding Balance
$321,563
Interest Rate
5.45%
Mortgage Type
New Conventional
Estimated Equity
$77,647
Purchase Details
Listed on
Apr 10, 2021
Closed on
May 7, 2021
Sold by
Stansbury Jill J
Bought by
Fisher Kinsey Christmas and Zachman Andrew Nicholas
Seller's Agent
Robin Bodwin
Choice Residential Real Estate
Buyer's Agent
Hillary Fisher
Fathom Realty NC, LLC
List Price
$259,000
Sold Price
$286,000
Premium/Discount to List
$27,000
10.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$175,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 22, 2007
Sold by
Stansbury Jill L and Shaffer Janet K
Bought by
Stansbury Jill L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,400
Interest Rate
6.26%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 28, 2006
Sold by
Cantwell Jennifer
Bought by
Stansbury Jill L and Shaffer Janet K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 26, 2000
Sold by
Ruffino Salvatore A and Ruffino Olinda P
Bought by
Cantwell Jennifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
7.02%
Mortgage Type
FHA
Similar Homes in Durham, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase 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
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $323,000 | New Conventional | |
| Previous Owner | $175,000 | New Conventional | |
| Previous Owner | $92,400 | New Conventional | |
| 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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Price Changed | $374,900 | -1.3% | $428 / Sq Ft |
| 07/09/2025 07/09/25 | Price Changed | $379,900 | -2.6% | $434 / Sq Ft |
| 06/23/2025 06/23/25 | Price Changed | $389,900 | -2.5% | $446 / Sq Ft |
| 06/06/2025 06/06/25 | Price Changed | $400,000 | -3.6% | $457 / Sq Ft |
| 05/15/2025 05/15/25 | Price Changed | $414,900 | -3.5% | $474 / Sq Ft |
| 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 Compared to Growth
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
Agents Affiliated with this Home
-
R
Seller's Agent in 2025
Roy Ellis
Compass -- Chapel Hill - Durham
(910) 818-6334
1 in this area
58 Total Sales
-
H
Seller's Agent in 2025
Hillary Fisher
Fathom Realty NC, LLC
(919) 624-5600
2 in this area
22 Total Sales
-
Seller's Agent in 2021
Robin Bodwin
Choice Residential Real Estate
(919) 746-3604
1 in this area
21 Total Sales
Map
Source: Doorify MLS
MLS Number: 10065665
APN: 107985
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