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301 East Lawson Street

301 East Lawson Street, Durham, NC 27707
Property in Durham
Sold May 31, 2019
$135,000
$17,000 by North State Bank
Mortgage Due May 13, 2025
301 East Lawson Street in Durham, NC was first built in 1930 and is 94 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 3 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 301 East Lawson Street has 1,176 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,260. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 301 East Lawson Street sold most recently in May 29, 2019 for a total of $135,000. If you work out the math, that's approximately a cost of $114.80 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,200 in taxes each year. 301 East Lawson Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $91,607. If we break it down further, the land itself was valued at $57,150. Improvements to the property, however, were assessed at a total of $34,457. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,176
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MERRICKVILLE
  • Land Acres: 0.15
  • Standard Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: MERRICKVILLE/LOT#107 PL00003B-000139

Ownership

  • Current Owner : DKL INVESTMENT SOLUTIONS LLC
  • Previous Owner : PARKER DEBRA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Durham Public Schools
  • School Tax District Code 2: CTY DURHAM
  • Census Tract: 001303

Zoning

  • Zoning: RU-5

Geography

  • Assessors Map Reference: BK 3B PG 139
  • Parcel: 117194
  • Lot: 107
  • Municipality: CITY OF DURHAM
  • Latitude: 35.9766
  • Longitude: -78.9039

    Address

  • Full Address: 301 E Lawson St
  • Address - House Number: 301
  • Street Direction: E
  • Address - Street Name: Lawson
  • Address - Suffix Type: St
  • State: NC
  • City Name: Durham
  • Carrier Code: C010
  • 4-Digit Zip Code: 3145
  • Zip Code: 27707

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,200

    Appraisal Valuation

  • Standard Deviation: 0.195
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 74
  • Final Value: 233,486
  • High Value: 279,021
  • Low Value: 187,951

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $17,000
  • First Open Lien Mortgage Lender: NORTH STATE BANK
  • First Open Lien Mortgage Recording Date: May 13, 2020
  • First Open Lien Mortgage Loan Amount: $17,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: May 13, 2025

    Market Valuation

  • Market Total Value: $91,607
  • Market Land Value: $57,150
  • Market Improvement Value: $34,457

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,607
  • Assessed Land Value: $57,150
  • Assessed Improvements Value: $34,457

    Sales

  • Current Sale Contract Date: May 29, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Transaction ID: 11609434977
  • Current Sale Price: $135,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019018301

    Last Sale Mortgage

  • First Mortgage Lender: LENDINGHOME FUNDING CORP
  • First Mortgage Transaction Date: May 31, 2019
  • First Mortgage Loan Amount: $142,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 301 East Lawson Street located in?
The 301 East Lawson Street is a located in the neighborhood of Durham in Durham, Durham.
What is the average sales price for listings in 301 East Lawson Street?
The average sales price for units in 301 East Lawson Street is $0 currently.

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