NOT LISTED FOR SALE

404 Gatehouse Ln Durham, NC 27707

South Square Neighborhood

Estimated Value: $224,000 - $245,000

2 Beds
1.5 Baths
1,200 Sq Ft
$196/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $143,500 $120 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,484/month

1 Day on Market

Highlights

  • Forced Air Heating and Cooling System
  • Fenced
  • Carpet

About This Home

As of August 2019

Perfect townhome in booming South Durham & yet a walkable, low traffic neighborhood w/easy access to shopping, dining & public transport. 5 miles to Duke, 7 UNC, 10 RTP. Meticulously & tastefully maintained, energy efficient. GAS W/HEATER, HVAC, KITCHEN KENMORE ELITE SS APPLIANCES ONLY 2 YEARS OLD. New flooring in L.Rm. Kitchen/Dining area w/French doors to rear patio garden & secluded Community open space. Privately located bedrooms upstairs, w/ample closet space, shared bath.

Last Agent to Sell the Property

R. Allen Lyles

Dream Maker Properties, LLC License #202810 Listed on: 07/30/2019

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,374

Year Built

  • Built in 1989

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 16 x 55
  • Fenced

HOA Fees

  • $159 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Masonite

Interior Spaces

  • 1,075 Sq Ft Home
  • 900-1,200 Sq Ft Home
  • Property has 2 Levels

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Location

  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 139409
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,374

Year Built

Built in 1989

Lot Details

0

HOA Fees

$159 per month

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Lot Size: 16 x 55
  • Subdivision Name: None
  • Directions: From 15-501 take Martin Luther King Parkway exit, turn right onto University Drive; turn right onto Larchmont Drive and right again onto Gatehouse. 404 Gatehouse is on your left with sign in front.
  • Above Grade Finished Sq Ft: 1075
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1989
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1200
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1075
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Masonite
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 159
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 139409
  • Zoning: Residential
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1374
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.158

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Aug 9, 2019
Sold by
Lynch Natosha D
Bought by
Dunn Jeffrey and Dunn Julie
Seller's Agent
R. Allen Lyles
Dream Maker Properties, LLC
Buyer's Agent
NONMEMBER NONMEMBER
Sold Price
$143,500
Current Estimated Value
$234,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,344
Avg. Annual Appreciation
8.01%

Purchase Details

Closed on
Oct 5, 2017
Sold by
Rowan Christine
Bought by
Lynch Natosh D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
3.83%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 5, 2007
Sold by
Alizadeh Toktam H and Hassanalizadeh Toktam
Bought by
Dambra Candace J and Sinha Sanjay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 1999
Sold by
Palmer Palmer Scott Michael Scott Michael and Wife Diane G
Bought by
Hassanalizadeh Toktam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,168
Interest Rate
7.81%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Dunn Jeffrey $143,500 None Available
Lynch Natosh D $127,000 None Available
Dambra Candace J $113,000 None Available
Hassanalizadeh Toktam $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lynch Natosh D $101,000
Previous Owner Dambra Candace J $80,000
Previous Owner Hassanalizadeh Toktam $87,168
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Off Market $143,500 -- --
08/15/2019 08/15/19 Sold $143,500 -- $159 / Sq Ft
Source: Triad 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
2025 $1,178 $237,739 $90,000 $147,739
2024 $1,657 $118,776 $24,000 $94,776
2023 $1,556 $118,776 $24,000 $94,776
2022 $1,520 $118,776 $24,000 $94,776
2021 $1,513 $118,776 $24,000 $94,776
2020 $1,477 $118,776 $24,000 $94,776
2019 $1,477 $118,776 $24,000 $94,776
2018 $1,374 $101,275 $20,000 $81,275
2017 $1,403 $104,211 $20,000 $84,211
2016 $1,356 $104,211 $20,000 $84,211
2015 $1,414 $102,122 $21,100 $81,022
2014 $1,414 $102,122 $21,100 $81,022
Source: Public Records

Agents Affiliated with this Home

  • R. Allen Lyles

    Seller's Agent in 2019

    R. Allen Lyles

    Dream Maker Properties, LLC

    (919) 619-7058

    85 Total Sales

    R. Allen Lyles
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Map

Source: Triad MLS

MLS Number: 943556

Triad MLS

APN: 139409

North Carolina Durham County Durham 27707 South Square

404 Gatehouse Ln, Durham, NC

Not Listed for Sale

Detached

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