When was property at 1516 Lathrop Street built and last sold?

The property at 1516 Lathrop Street was built in 1920 and last sold on Oct 4, 2021 for $323,000.

How much is this home worth?

The estimated value of the home located at 1516 Lathrop Street is $321,910.

What are some comparable homes to 1516 Lathrop Street?

There are currently no comparable homes to 1516 Lathrop Street.

Durham

27703

East Durham

1516 Lathrop Street

$85,000

● House - Off Market

1516 Lathrop Street

Durham, NC 27703

3 Beds

1 Bath

1,150 Ft²

$150,337

RealtyHop Estimate

58.42%

Since Jan 1, 2018

National-US

Primary Model

About This Property

Great chance to purchase a home in Old East Durham! This property is ready to be refurbished as an investment, great corner lot! Home is currently rented and home is less than two miles from downtown Durham, don't miss an opportunity to be a part of Durham's revitalization!

Unit Size

1,150 Ft²

Days on Market

Land Size

0.29 acres

Price per sqft

$83

Property Type

House

Property Taxes

HOA Dues

Year Built

1920

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (TMLS #2156868)

Price History

Date / Event	Date	Event
Oct 8, 2021	Sold	Premium
Sold
Aug 12, 2021	Listed by Dickerson Brady Realty, Inc.	$322,900
Listed by Dickerson Brady Realty, Inc.
Sep 18, 2019	Sold	Premium
Sold
Apr 20, 2018	Sold	Premium
Sold
Dec 8, 2017	Sold	Premium
Sold
Oct 18, 2017	Listed by Dickerson Brady Realty, Inc.	$94,900
Listed by Dickerson Brady Realty, Inc.

Property Highlights

Parking Available

Building Info

Overview

General

Year Built: 1920

Effective Year Built: 1920
Total Rooms: 4
Bedroom Count: 2
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 5
Building Condition: 0
Building Quality: 0
Construction Type: 17
Building Style: 11
Exterior Walls Type: 18
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 100
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 12,632

Lot Size Depth Feet: 1,890
Lot Size Frontage Feet: 670
Total Building Area: 1,236
Building Area: 1,236
Building Area Measurement: E

Heating and Cooling

Air Conditioning: 0

Heating: 4
Heated Square Feet: 1,236
Heating Fuel Type: 0

Utilities

Sewer System: 1

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: HILLCREST
Land Acres: 0000000290
Standard Land Use Code: 1001
County Land Use Code: 111
Legal Description 1: PROP-HUGHES DAMON MCCLINT ICK/LT#6R PL000202-000017

Neighborhood

School District Name: Durham Public Schools

School Tax District Code 2: CTY DURHAM
Census Tract: 001002

Zoning

Zoning: RU-5(2)

Geography

Assessors Map Reference: BK 202 PG 17

Parcel: 112934
Block: 13
Lot: 6R
Municipality: CITY OF DURHAM
Latitude: 35.9926
Longitude: -78.8745

Address

Full Address: 1516 Lathrop St

Address - House Number: 1516
Address - Street Name: Lathrop
Address - Suffix Type: St
State: NC
City Name: Durham
Carrier Code: C006
4-Digit Zip Code: 2134
Zip Code: 27703

Valuation

Tax

Tax Year: 2023

Tax Amount: $254,379

Appraisal Valuation

Standard Deviation: 0.1657

Valuation Date: Oct 25, 2023
Confidence Score: 79
Final Value: 364,680
High Value: 425,131
Low Value: 304,230

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $194,197

Market Land Value: $29,070
Market Improvement Value: $165,127

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $194,197
Assessed Land Value: $29,070
Assessed Improvements Value: $165,127

Sales

Current Sale Contract Date: Oct 04, 2021

Current Sale Recording Date: Oct 08, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2021051347
Previous Sale Recording Date: Sep 18, 2019
Previous Sale Contract Date: Sep 03, 2019
Previous Sale Amount: $259,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Due Date:

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Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Type:

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Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About East Durham

Stats & Trends

Median Asking:

$344,450

Sale Price/ft²

$229

Below Asking

0.05%

Average Days on Market

107

Average Home Size

1527 ft²

Average Home Age

67.5 years

Currently For Sale

37 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 715 Drew Street, Durham, NC, 27701

$1,995 /mo

2 Beds
2 Baths
1,163 ft²

715 Drew Street, Durham, NC, 27701 Listing by Michael Sullivan

Unit for rent at 514 Spruce Street, Durham, NC, 27703

$2,000 /mo

3 Beds
2 Baths
1,100 ft²

514 Spruce Street, Durham, NC, 27703 Listing by Eddie Alie

Unit for rent at 407 East End Avenue, Durham, NC, 27703

$2,095 /mo

6 Beds
3 Baths
1,800 ft²

407 East End Avenue, Durham, NC, 27703 Listing by Sworna Gomes

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Alton R Tyndall, Dickerson Brady Realty, Inc.
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2156868

Some IDX listings have been excluded from this IDX display. 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. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. 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. Copyright 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

1516 Lathrop Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About East Durham

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions