NOT LISTED FOR SALE

1516 Lathrop St Durham, NC 27703

East Durham Neighborhood

Estimated Value: $317,000 - $366,000

2 Beds
2 Baths
1,254 Sq Ft
$281/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $323,000 $258 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,129/month

36 Days on Market

Highlights

  • Craftsman Architecture
  • 1 Fireplace
  • Living Room
  • Wood Flooring
  • No HOA
  • Tankless Water Heater

About This Home

As of October 2021

Unique opportunity for great house and buildable lot! 0.29 acre lot can be subdivided and built on OR you can add an ADU up to 800 sqft of heated space w/out subdividing! AirBnB? Separate office? Huge backyard? 1516 Lathrop is already an amazing, craftsman home with nearly everything new in 2018 and a prvt fenced yard. Comps w/in 1 mile: 206 Cherry Gr ($370k 8.20.21); 1507 Robinhood ($315k 8.16.21); 1100 N Driver ($375k 8.30.21). All three without a lot like Lathrop’s. This is the best deal in Durham.

Last Agent to Sell the Property

Andrew Johnston

Keller Williams Elite Realty License #279872 Listed on: 08/13/2021

Keller Williams Elite Realty

Co-Listed By

Laura Johnston

Keller Williams Elite Realty License #317279

Last Buyer's Agent

Deborah Nillas

Daughtry Realty License #316192

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 1920

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 66.96 x 189.32
  • Property is zoned RU5(2)

Home Design

  • Craftsman Architecture
  • Wood Siding

Interior Spaces

  • 1,254 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Crawl Space

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Rear-Facing Garage
  • Gravel Driveway
  • On-Street Parking

Schools

  • Y E Smith Elementary School
  • Neal Middle School
  • Southern High School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,563

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Prop. Type: Residential
  • Co List Office Mls Id: 74402
  • Co List Office Phone: 984-244-5830
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1254.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 200.0
  • General Property Information Total Unfinished Area2: 200.0
  • General Property Information Lot Size Dimensions: 66.96 X 189.32
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Architectural Style Craftsman: Yes
  • General Property Information Above Grade Finished Area: 1254.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 12937.32
  • General Property Information Lot Size Acres: 0.297
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: Crawl Space
  • Appliances: Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 4
  • Appliances:Tankless Water Heater: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.3
  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Garage Faces Rear, Gravel, On Street
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Garage Faces Rear: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Durham - Southern
  • Middle Or Junior School: Durham - Neal

Lot Info

  • Zoning: RU5(2)
  • Lot Dimensions: 66.96 X 189.32
  • Lot Size Sq Ft: 12937.32
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2563.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Durham - Y E Smith

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Oct 4, 2021
Sold by
Graham Erin Mcfarlan
Bought by
Hennis Danielle Renee and Assefa Yohabab Girma
Seller's Agent
Andrew Johnston
Keller Williams Elite Realty
Buyer's Agent
Deborah Nillas
Daughtry Realty
List Price
$330,000
Sold Price
$323,000
Premium/Discount to List
-$7,000
-2.12%
Current Estimated Value
$352,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,019
Avg. Annual Appreciation
2.23%
Original Mortgage
$290,700
Outstanding Balance
$266,239
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$85,780

Purchase Details

Closed on
Sep 3, 2019
Sold by
Hughes Damon Mcclintick
Bought by
Mcfarlan Graham Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,216
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Apr 11, 2018
Sold by
Taylor Gregory K and Taylor Sara A
Bought by
Hughes Damon Mcclintick

Purchase Details

Closed on
Nov 29, 2017
Sold by
Garrett Charlie Thomas
Bought by
Taylor Gregory K and Taylor Sara A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hennis Danielle Renee $323,000 None Available
Mcfarlan Graham Erin $259,000 None Available
Hughes Damon Mcclintick $115,000 None Available
Taylor Gregory K $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hennis Danielle Renee $290,700
Previous Owner Mcfarlan Graham Erin $265,216
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $323,000 -- --
10/08/2021 10/08/21 Sold $323,000 0.0% $258 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/09/2021 09/09/21 Price Changed $322,900 0.0% $257 / Sq Ft
09/01/2021 09/01/21 Price Changed $323,000 -2.1% $258 / Sq Ft
08/12/2021 08/12/21 For Sale $330,000 -- $263 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

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 $2,709 $194,197 $29,070 $165,127
2023 $2,544 $194,197 $29,070 $165,127
2022 $2,486 $194,197 $29,070 $165,127
2021 $2,474 $194,197 $29,070 $165,127
2020 $2,416 $82,866 $29,070 $53,796
2019 $1,030 $82,821 $29,025 $53,796
2018 $815 $60,052 $16,125 $43,927
2017 $809 $60,052 $16,125 $43,927
2016 $781 $60,052 $16,125 $43,927
2015 $842 $60,841 $16,433 $44,408
2014 $842 $60,841 $16,433 $44,408
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Andrew Johnston

    Keller Williams Elite Realty

    (984) 244-5830

    5 in this area

    58 Total Sales

    Andrew Johnston
    Section Image

  • L

    Seller Co-Listing Agent in 2021

    Laura Johnston

    Keller Williams Elite Realty

    Section Image
  • Deborah Nillas

    Buyer's Agent in 2021

    Deborah Nillas

    Daughtry Realty

    (908) 410-5328

    3 in this area

    35 Total Sales

    Deborah Nillas
    Section Image

  • D

    Buyer's Agent in 2021

    Deb Nillas

    Coldwell Banker HPW

See All Agents

Map

Source: Doorify MLS

MLS Number: 2401395

Doorify MLS

APN: 112934

North Carolina Durham County Durham 27703 East Durham

1516 Lathrop St, Durham, NC

This home is located at 1516 Lathrop St, Durham, NC 27703 since 13 August 2021 and is currently estimated at $352,019, approximately $280 per square foot. This property was built in 1920. 1516 Lathrop St is a home located in Durham County with nearby schools including Eastway Elementary, W.G. Pearson Elementary School, and Brogden Middle.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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