NOT LISTED FOR SALE

5400 Newhall Rd Durham, NC 27713

Estimated Value: $395,000 - $432,000

3 Beds
2 Baths
1,509 Sq Ft
$274/Sq Ft Est. Value

Last Sold October 11, 2022

Last sale price $422,500 $280 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,533/month

Highlights

  • 50 Feet of Waterfront
  • 1 Car Attached Garage
  • 1-Story Property
  • Community Lake
  • Tile Flooring
  • Central Air

About This Home

As of April 2023

Bring your canoe and kayak to this rare LAKE FRONT PROPERTY in the beautiful Parkwood neighborhood. This 1509sf with 3 Bedroom/2 full baths single house is newly remodeled and paint. Whole LVP/Tile flooring. Windows, appliances are new. Step out your back door into all 4 seasons serenity. Great home to entertain! Location: Minutes to RTP, 15 minutes to Airport, UNC Chapel Hill, 17 minutes to Duke. 7 minutes to the Southpoint Mall which offers a lot of shopping stores, restaurants, AMC movie theater, and everything you need. Nice location but very quiet neighborhood. You will enjoy it.

Last Agent to Rent the Property

Cathy (Yanping) Kimball

HHome Realty LLC License #284490 Listed on: 04/16/2023

Last Renter's Agent

Dave Wylie

Compass -- Chapel Hill - Durham License #287116

Compass -- Chapel Hill - Durham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,139

Year Built

  • Built in 1965

Lot Details

  • 50 Feet of Waterfront

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,509 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Oven
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Parkwood Elementary School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Parkwood Subdivision
  • Park Phone (919) 800-1836
  • Community Lake

Listing and Financial Details

  • Security Deposit $2,500
  • Property Available on 4/22/23
  • Tenant pays for electricity, gas, sewer, trash collection, water

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,139

Year Built

Built in 1965

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water, Other
  • Lease Term: Other
  • Available Date: 2023-04-22

Listing Details

  • Year Built: 1965
  • Prop. Type: Residential Lease
  • Subdivision Name: Parkwood
  • Above Grade Finished Sq Ft: 1509.0
  • Unit Levels: One
  • New Construction: No
  • General Property Information Above Grade Unfinished Area: 288.0
  • General Property Information Total Unfinished Area2: 288.0
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Appliances Refrigerators: Yes
  • General Property Information Water Frontage Length2: 50.0
  • Contract Information Lease Term: Other
  • Contract Information Availability Date: 2023-04-22
  • Contract Information Security Deposit2: 2500.0
  • General Property Information Above Grade Finished Area: 1509.0
  • Contract Information ManagerOwner Phone: 9198001836
  • Pets Allowed Dogs OK: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile
  • Appliances: Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Appliances:Oven: Yes
  • Community Features:Lake: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Water Body Name: Parkwood Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes

Utilities

  • Heating: Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Lake
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

MLS Schools

  • Elementary School: Durham - Parkwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2022
Closed on
Oct 11, 2022
Sold by
Obriant Deborah Ramsey
Bought by
Tsang Kuen
Seller's Agent
Patricia Wilcox
LPT Realty, LLC
Buyer's Agent
Patricia Wilcox
LPT Realty, LLC
Sold Price
$422,500
Current Estimated Value
$413,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,524
Avg. Annual Appreciation
-0.68%

Purchase Details

Closed on
Dec 30, 1998
Sold by
Bowers Ruth M
Bought by
Clark Deborah Ramsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,601
Interest Rate
6.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Tsang Kuen $422,500 --
Clark Deborah Ramsey $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark Deborah Ramsey $104,601
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2023 12/18/23 Off Market $2,480 -- --
12/14/2023 12/14/23 Off Market $422,500 -- --
12/11/2023 12/11/23 Off Market $2,480 -- --
05/02/2023 05/02/23 Rented $2,480 0.0% --
04/25/2023 04/25/23 Rented $2,480 0.0% --
04/15/2023 04/15/23 For Rent $2,480 0.0% --
10/11/2022 10/11/22 Sold $422,500 -- $280 / Sq Ft View Prior Sale
09/17/2022 09/17/22 Pending -- -- --
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
2025 $4,139 $417,538 $163,200 $254,338
2024 $2,801 $200,810 $36,828 $163,982
2023 $2,630 $200,810 $36,828 $163,982
2022 $2,570 $200,810 $36,828 $163,982
2021 $2,558 $200,810 $36,828 $163,982
2020 $2,498 $200,810 $36,828 $163,982
2019 $2,498 $200,810 $36,828 $163,982
2018 $2,316 $170,701 $34,100 $136,601
2017 $2,298 $170,701 $34,100 $136,601
2016 $2,221 $170,701 $34,100 $136,601
2015 $2,656 $191,833 $33,217 $158,616
2014 $2,656 $191,833 $33,217 $158,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2505437

Doorify MLS

APN: 153609