2203 Lafayette St Durham, NC 27707
Duke Forest NeighborhoodEstimated payment $3,654/month
Total Views
225
6
Beds
4
Baths
2,436
Sq Ft
$246
Price per Sq Ft
Highlights
- 1.5-Story Property
- Wood Flooring
- No HOA
- Lakewood Montessori Middle School Rated A-
- Main Floor Primary Bedroom
- Multiple cooling system units
About This Home
Lakewood quadplex with strong cash flow. Great investment opportunity, or live in one unit and rent out the other three--assumable FHA mortgage at 2.75%. This home features four units: two units have 2br/1ba, two units are studios, all with long term tenants. Ideal location, less than 5 min walk to Lakewood shopping center and less than 2 miles to both Duke and downtown. Recent upgrades: two new HVAC units, plumbing, roof recently replaced and in great shape, and two new oven/ranges.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,928
Year Built
- Built in 1960
Lot Details
- 7,841 Sq Ft Lot
- 1 Common Wall
- Rectangular Lot
- Few Trees
Home Design
- Quadruplex
- 1.5-Story Property
- Block Foundation
- Slab Foundation
- Shingle Roof
- Lead Paint Disclosure
Interior Spaces
- Ceiling Fan
- Living Room
- Electric Range
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- 4 Full Bathrooms
Partially Finished Basement
- Heated Basement
- Exterior Basement Entry
Schools
- Lakewood Elementary School
- Githens Middle School
- Jordan High School
Utilities
- Multiple cooling system units
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Park Place Subdivision
Listing and Financial Details
- Assessor Parcel Number 108283
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,728 | $195,581 | $47,120 | $148,461 |
| 2023 | $2,562 | $195,581 | $47,120 | $148,461 |
| 2022 | $2,503 | $195,581 | $47,120 | $148,461 |
| 2021 | $2,492 | $195,581 | $47,120 | $148,461 |
| 2020 | $2,433 | $195,581 | $47,120 | $148,461 |
| 2019 | $2,433 | $195,581 | $47,120 | $148,461 |
| 2018 | $2,121 | $156,343 | $44,175 | $112,168 |
| 2017 | $2,105 | $156,343 | $44,175 | $112,168 |
| 2016 | $2,034 | $201,974 | $44,175 | $157,799 |
| 2015 | $949 | $68,571 | $15,151 | $53,420 |
| 2014 | $949 | $107,477 | $15,151 | $92,326 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | For Sale | $599,900 | +80.5% | $246 / Sq Ft |
| 12/14/2023 12/14/23 | Off Market | $332,300 | -- | -- |
| 11/22/2021 11/22/21 | Sold | $332,300 | +0.7% | $213 / Sq Ft |
| 10/02/2021 10/02/21 | Pending | -- | -- | -- |
| 09/27/2021 09/27/21 | Price Changed | $329,900 | -5.5% | $211 / Sq Ft |
| 09/14/2021 09/14/21 | For Sale | $349,000 | -- | $224 / Sq Ft |
Source: Doorify MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $332,500 | None Available | |
| Special Warranty Deed | $45,000 | None Available | |
| Trustee Deed | $59,500 | None Available | |
| Warranty Deed | $156,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $326,280 | FHA | |
| Previous Owner | $240,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $280,000 | Unknown | |
| Previous Owner | $140,400 | Purchase Money Mortgage | |
| Previous Owner | $140,400 | Purchase Money Mortgage | |
| Previous Owner | $140,400 | Stand Alone First | |
| Previous Owner | $95,000 | Unknown |
Source: Public Records
Similar Homes in Durham, NC
Source: Doorify MLS
MLS Number: 10120228
APN: 108283
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