701 Gatehouse Ln Durham, NC 27707
South Square NeighborhoodEstimated payment $1,863/month
Highlights
- Transitional Architecture
- Covered Patio or Porch
- Double Vanity
- High Ceiling
- Stainless Steel Appliances
- Crown Molding
About This Home
Welcome to 701 Gatehouse Lane in Durham. This updated end-unit townhome in a prime Durham location offers, 2-bedrooms, 2-baths, and just under 1,000 square feet with beautiful luxury vinyl plank flooring throughout and an open, airy layout. The family room features chair-rail wainscoting, a vaulted ceiling, and a partial wall separating the kitchen that creates definition while maintaining an open feel. The kitchen has been stylishly updated with modern lighting, soft gray painted cabinetry, hexagon tile backsplash, and stainless steel appliances including a Samsung refrigerator, Whirlpool smooth-top range, and GE microwave. The kitchen flows seamlessly into the dining area, which also features chair-rail wainscoting and a glass door leading to a private fenced patio with lighting--perfect for relaxing outdoors. The spacious primary suite showcases a decorative accent wall with custom trim and paint, crown molding, and includes a Westinghouse 4K smart TV. The primary bathroom features an updated vanity, crown molding, marble-style tile flooring, updated lighting, and a walk-in shower. A generously sized second bedroom and beautifully updated hall bath with farmhouse sink vanity provide comfortable accommodations for guests or roommates. Outside, enjoy a private fenced patio area with low-maintenance landscaping and wooded views for added privacy. Potential rental income of approximately $2,500 per month with a minimum 3-month lease requirement. Furniture package available for $5,000. Perfect opportunity for investors or those seeking a possible furnished rental option. Ideal setup for traveling professionals or mid-term rentals. Prime Durham location just minutes from Downtown Durham and Duke University, with convenient access to RTP, Chapel Hill, and RDU Airport. Close to shopping, restaurants, and outdoor recreation including the American Tobacco Trail. HOA dues of $207/month include exterior maintenance. Don't let this unique opportunity pass you by, make an appointment to see this charming townhome today!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,339
Year Built
- Built in 1989
Lot Details
- 1,307 Sq Ft Lot
- Gated Home
- Wood Fence
- Back Yard Fenced
HOA Fees
- $210 Monthly HOA Fees
Home Design
- Transitional Architecture
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Architectural Shingle Roof
- Wood Siding
Interior Spaces
- 1,025 Sq Ft Home
- 1-Story Property
- Crown Molding
- Smooth Ceilings
- High Ceiling
- Ceiling Fan
- Storage
- Pull Down Stairs to Attic
- Smart Locks
Kitchen
- Breakfast Bar
- Electric Range
- Range Hood
- Stainless Steel Appliances
- Smart Appliances
- Disposal
Flooring
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Double Vanity
- Bathtub with Shower
- Shower Only
Laundry
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Paved Parking
- 2 Open Parking Spaces
Outdoor Features
- Covered Patio or Porch
- Exterior Lighting
- Outdoor Storage
- Rain Gutters
Schools
- Murray Massenburg Elementary School
- Githens Middle School
- Jordan High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- High Speed Internet
Community Details
- Association fees include ground maintenance
- Cas Association, Phone Number (910) 295-3791
- Westgate Townhomes Subdivision
Listing and Financial Details
- Assessor Parcel Number 0810-05-8185
Map
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 |
|---|---|---|---|---|
| 2025 | $2,339 | $235,944 | $90,000 | $145,944 |
| 2024 | $1,760 | $126,187 | $24,000 | $102,187 |
| 2023 | $1,653 | $126,187 | $24,000 | $102,187 |
| 2022 | $1,615 | $126,187 | $24,000 | $102,187 |
| 2021 | $1,608 | $126,187 | $24,000 | $102,187 |
| 2020 | $1,570 | $126,187 | $24,000 | $102,187 |
| 2019 | $1,570 | $126,187 | $24,000 | $102,187 |
| 2018 | $1,496 | $110,301 | $20,000 | $90,301 |
| 2017 | $1,485 | $110,301 | $20,000 | $90,301 |
| 2016 | $1,435 | $156,898 | $20,000 | $136,898 |
| 2015 | $1,500 | $108,391 | $21,100 | $87,291 |
| 2014 | $1,500 | $108,391 | $21,100 | $87,291 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/19/2026 03/19/26 | Pending | -- | -- | -- | |
| 03/13/2026 03/13/26 | For Sale | $275,000 | +21.4% | $268 / Sq Ft | |
| 12/14/2023 12/14/23 | Off Market | $226,575 | -- | -- | |
| 03/30/2022 03/30/22 | Price Changed | $226,575 | 0.0% | $221 / Sq Ft | |
| 03/29/2022 03/29/22 | Sold | $226,575 | -- | $221 / Sq Ft | View Prior Sale |
| 02/27/2022 02/27/22 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $200,269 | None Listed On Document | |
| Warranty Deed | $227,000 | Arnette Law Offices Pllc | |
| Warranty Deed | $113,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $218,645 | New Conventional | |
| Previous Owner | $110,854 | FHA |
Source: Doorify MLS
MLS Number: 10152532
APN: 139443
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