Seller's Agent in 2024
Erica Sizemore
Keller Williams Realty
(919) 740-7670
1 in this area
213 Total Sales
1609 Lathrop St Durham, NC 27703
East Durham NeighborhoodEstimated Value: $433,000 - $489,000
3
Beds
2.5
Baths
1,846
Sq Ft
$246/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Wood Flooring
- Mud Room
- Transitional Architecture
- High Ceiling
- Quartz Countertops
About This Home
As of October 2024Discover 1609 Lathrop, a beautifully renovated 3-bedroom, 2.5-bathroom home nestled just 2 miles from the American Tobacco Campus and all that Durham has to offer. This fully updated property is currently a thriving Airbnb rental, making it a perfect investment opportunity or a stylish personal residence with room to improve. Step inside to an open-concept living space where modern finishes meet timeless charm. Equipped with bells and whistles and perfect for entertaining. Outside, a detached garage and private yard provide the ideal backdrop to imagine your ideal space. Whether you're looking for a turnkey rental property or a home with promising potential in a burgeoning part of Durham, 1609 Lathrop is the perfect choice.
Last Agent to Sell the Property
Keller Williams Realty License #310092 Listed on: 08/09/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,684
Year Built
- Built in 1954
Lot Details
- 9,148 Sq Ft Lot
- Back and Front Yard Fenced
- Vinyl Fence
- Wood Fence
- Few Trees
- Garden
Parking
- 1 Car Detached Garage
- Front Facing Garage
- Private Driveway
- 3 Open Parking Spaces
Home Design
- Transitional Architecture
- Raised Foundation
- Shingle Roof
- HardiePlank Type
Interior Spaces
- 1,846 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Crown Molding
- Smooth Ceilings
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Mud Room
- Living Room
- Dining Room
Kitchen
- Electric Range
- Range Hood
- Plumbed For Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Quartz Countertops
- Disposal
Flooring
- Wood
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Double Vanity
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Hall
- Laundry on main level
Attic
- Pull Down Stairs to Attic
- Unfinished Attic
Outdoor Features
- Rain Gutters
- Porch
Schools
- Eastway Elementary School
- Neal Middle School
- Southern High School
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Hillcrest Subdivision
Listing and Financial Details
- Assessor Parcel Number 113794
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 9, 2024
Closed on
Oct 14, 2024
Sold by
Reed David E and Reed Sara P
Bought by
Palmer Lane Evan and Campo Prada Vikimar
Seller's Agent
Erica Sizemore
Keller Williams Realty
Buyer's Agent
Cory Sherman
Keller Williams Elite Realty
List Price
$465,000
Sold Price
$457,500
Premium/Discount to List
-$7,500
-1.61%
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,677
Avg. Annual Appreciation
-0.68%
Original Mortgage
$411,750
Outstanding Balance
$407,421
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$46,402
Purchase Details
Listed on
Nov 18, 2022
Closed on
Dec 20, 2022
Sold by
Padron-Nolasco Jaqueline
Bought by
Reed David E and Reed Sara P
Seller's Agent
Kristina Woods
Compass -- Chapel Hill - Durham
Buyer's Agent
Timothy Kinzie
Montlor, Inc.
List Price
$439,900
Sold Price
$420,000
Premium/Discount to List
-$19,900
-4.52%
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$378,000
Interest Rate
6.61%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 25, 2014
Sold by
Fannie Mae
Bought by
Padron Nolasco Jaqueline
Purchase Details
Closed on
Jun 16, 2014
Sold by
Rochelle Roosevelt and Rochelle Gladys E
Bought by
Federal National Mortgage Association
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Palmer Lane Evan | $457,500 | Beacon Title | |
| Reed David E | $420,000 | -- | |
| Padron Nolasco Jaqueline | -- | None Available | |
| Federal National Mortgage Association | $39,020 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Palmer Lane Evan | $411,750 | |
| Previous Owner | Reed David E | $378,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/18/2024 10/18/24 | Sold | $457,500 | -1.6% | $248 / Sq Ft | |
| 08/20/2024 08/20/24 | Pending | -- | -- | -- | |
| 08/09/2024 08/09/24 | For Sale | $465,000 | +10.7% | $252 / Sq Ft | |
| 12/14/2023 12/14/23 | Off Market | $420,000 | -- | -- | |
| 12/29/2022 12/29/22 | Sold | $420,000 | -4.5% | $226 / Sq Ft | View Prior Sale |
| 12/02/2022 12/02/22 | Pending | -- | -- | -- | |
| 11/17/2022 11/17/22 | For Sale | $439,900 | -- | $237 / 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 |
|---|---|---|---|---|
| 2025 | $4,332 | $437,003 | $108,900 | $328,103 |
| 2024 | $3,684 | $264,108 | $27,157 | $236,951 |
| 2023 | $3,460 | $264,108 | $27,157 | $236,951 |
| 2022 | $3,380 | $264,108 | $27,157 | $236,951 |
| 2021 | $3,364 | $264,108 | $27,157 | $236,951 |
| 2020 | $3,285 | $264,108 | $27,157 | $236,951 |
| 2019 | $3,285 | $264,108 | $27,157 | $236,951 |
| 2018 | $956 | $70,446 | $15,087 | $55,359 |
| 2017 | $949 | $70,446 | $15,087 | $55,359 |
| 2016 | $917 | $105,382 | $15,087 | $90,295 |
| 2015 | $1,478 | $106,790 | $15,765 | $91,025 |
| 2014 | $1,478 | $106,790 | $15,765 | $91,025 |
Source: Public Records
Agents Affiliated with this Home
-
Erica Sizemore
-
Cory Sherman
C
Buyer's Agent in 2024
Cory Sherman
Keller Williams Elite Realty
(919) 849-5592
3 in this area
134 Total Sales
-
K
Seller's Agent in 2022
Kristina Woods
Compass -- Chapel Hill - Durham
-
Timothy Kinzie
Buyer's Agent in 2022
Timothy Kinzie
Montlor, Inc.
(720) 877-1857
1 in this area
32 Total Sales
Map
Source: Doorify MLS
MLS Number: 10045943
APN: 113794
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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