1402 W Lakewood Ave, Durham, NC, 27707

Location

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Property Highlights

Home TypeSingle Family Residence

ParkingDriveway

Year Built1952

HeatingElectric, Fireplace(s), Heat Pump, Natural Gas

CoolingCentral Air, Electric, Heat Pump

MLS #10065665

Lot Size0.29 Acres

StatusSale Pending
(Active Under Contract)

About 1402 W Lakewood Ave

Rare, move-in ready bungalow in the beautiful Lakewood neighborhood for under $400K. ONLY 5 minutes to Duke campus. Walking distance to Cocoa Cinnamon, Lakewood Social, Lula and Sadie's. Very well maintained home with real oak floors, updated kitchen, new tile and carpet, fireplace, covered back deck, fenced in big backyard AND a wired detached studio (with AC). Could easily be converted to an ADU. Watch the world go by from your front porch up on the hill. Take in the native flowers that bloom all spring and summer. Great first home or excellent turn-key investment (rents easily for $1800/mo). Lakewood is highly sought after. Bike to Guglhupf, Beer Study, Thai Cafe and Q Shack. New homes a block away selling for $2.6 million. Don't miss out on the rare opportunity to buy into Lakewood at this price with this much quality.

Property Details

Property Features

Property Information:

Architectural Style: Bungalow
Year Built: 1952
Living Area: 872 SqFt

Listing Office:

Office Name: Fathom Realty NC, LLC
Office Phone: (888) 455-6040
Listing Agent: Hillary Fisher

Interior Features

Interior Information:

Appliances: Dishwasher, Range, Gas Range, Washer/Dryer Stacked
Flooring Type: Carpet, Hardwood, Tile

Bedroom and Bathroom Information:

Full Bathrooms: 1
Total Bedroom Count: 2

Exterior Features

Exterior Information:

Exterior: Back Fence, Porch/Covered, Porch Front, Private Yard

Parking Information:

Attached Garage: No
Parking: Driveway

Lot Features

Lot Information:

Lot: Back Yard, Corner Lot, Front Yard, Garden, Landscaped, Native Plants
Lot Size: 0.29 Acres

Utilities

Utilities Information:

Heating: Electric, Fireplace(s), Heat Pump, Natural Gas
Cooling: Central Air, Electric, Heat Pump

Other

Directions Information:

Directions: Corner of Lakewood and Kent St.

Price Information

Listing Price Info

Price Summary:

List Price: Price Not Disclosed
Price Per SqFt: $430/SqFt

Tax Information:

Annual Amount: $2,600
Tax Year: 2021

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Durham, NC.

Durham, NC

City

Med. Sold Price

$424.6K

Med. Price/SqFt

$233

Avg. Days On Market

# of Sold Homes

247

1402 W Lakewood Ave vs Durham

8 DAYS ON ROCKET

-22 Days

Price Not Disclosed

$430/SqFt

+$197 More

KEY TAKEAWAY

This property is $197/SqFt more than other homes in Durham, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

MLS Name: Doorify MLS
MLS Number: #10065665

Listing Office:

Office Name: Fathom Realty NC, LLC
Office Phone: (888) 455-6040
Listing Agent: Hillary Fisher

Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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.

Properties subject to prior sale, change, withdrawal or rental. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/11/2024, 3:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
May 13, 2021	May 13, 2021Home Sold	$285,000
Aug 03, 2006	Aug 03, 2006Home Sold	$113,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$2,600	$204,074
2020	$2,538	$204,074
2019	$2,538	$204,074
2018	$2,291	$168,858
2017	$2,274	$168,858

History based on county public records data.

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

/10

Morehead Montessori
909 Cobb St
Distance between this listing and this school0.40 miles
Public Magnet Grades PK-5

/10

Lakewood Elementary School
2520 Vesson Ave
Distance between this listing and this school0.88 miles
Public District Grades PK-5

/10

C.C. Spaulding Elementary School
1531 S Roxboro St
Distance between this listing and this school1.00 miles
Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

67%

<35k

31%

35k-100k

100k-200k

200k+

What level of education do the neighbors have?

High School: 60%
Post Secondary: 38%
Masters: 2%

What types of families live nearby?

48%

Single, No Kids

30%

Single, with Kids

Married, No Kids

13%

Married, with Kids

Are the neighbors home owners or renters?

Renters: 73%
Home Owners: 27%

How old are people in this area?

22%

<11 yrs old

10%

12-17 yrs old

24%

18-34 yrs old

37%

35-64 yrs old

65+ yrs old

What do the neighbors do for fun?

Pro Boxing
UFC
Soccer

Where do the neighbors shop?

Burlington
Family Dollar
Forever 21

Where do the neighbors go to eat?

Popeyes
Burger King
Dominos Pizza

What do the neighbors drive?

Dodge
Buick
Mazda

What do the neighbors listen to?

Urban Contemporary
Rhythmic Contemporary Hits
Jazz

The neighbors living near this home have an average income of $26,313. Residents of Durham, NC typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1402 W Lakewood Ave

What type of property is this?

The property 1402 W Lakewood Ave is a house located in Durham, North Carolina, 27707.

Is this property for sale now?

Sale Pending: 1402 W Lakewood Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,600 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 13, 2021 for $285,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1402 W Lakewood Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1402 W Lakewood Ave is 872 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1402 W Lakewood Ave is 1952.

Rocket Homes›North Carolina›Durham County›Durham›27707›1402 W Lakewood Ave

This home is located at 1402 W Lakewood Ave in Durham, NC and zip code 27707 in the Lyon Park neighborhood. This 872 square foot home, which was built in 1952, sits on a 0.29 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 03, 2024.

In November 2024, from all listings sold in Durham, NC there were more than 63 sold above asking price, over 126 sold below and more than 58 were sold right at the asked price. Between October 2024 and November 2024, Durham, NC real estate market has seen decrease in the number of listings by 6.8%. While the average time on the market in November 2024 was 30 days, the median list price was $424,671.