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1 Covington Ln

Durham, NC 27712

3 bd 3 ba 2,862 sqft Built 2001 Lot 27,878 sqft single_family
Most recent sale
$530,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $530,000 Public Record
May 21, 2022 Relisted $550,000 MLS #2444060
Apr 22, 2022 Listed $575,000 MLS #2444060
Jan 27, 2020 Listed for rent $2,000 DoorifyMLS
Nov 15, 2019 Sold $650,000 Public Record
Sep 9, 2019 Price changed $450,000 MLS #2234854
May 29, 2019 Price changed $465,000 MLS #2234854
Feb 1, 2019 Listed $490,000 MLS #2234854
Feb 7, 2000 Sold $66,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $453,556 $147,600 $601,156 $5,757
2023 $351,262 $61,500 $412,762 $5,406
2022 $351,268 $61,537 $412,805 $5,283
2021 $351,268 $61,537 $412,805 $5,259
2020 $351,268 $61,537 $412,805 $5,134
2019 $351,268 $61,537 $412,805 $5,134
2018 $355,139 $53,332 $408,471 $5,540
2017 $355,139 $53,332 $408,471 $5,500
2016 $355,139 $53,332 $408,471 $5,314
2015 $279,228 $115,800 $395,028 $5,468
2014 $279,228 $115,800 $395,028 $5,468
2013 $376,065 $115,800 $491,865 $6,600
2012 $376,065 $115,800 $491,865 $6,453
2011 $376,065 $115,800 $491,865 $6,410
2010 $376,065 $115,800 $491,865 $6,383
2009 $376,065 $115,800 $491,865 $6,138
2008 $376,065 $115,800 $491,865 $6,138
2006 $376,726 $72,500 $449,226 $6,343

Property facts

Year built
2001
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,862 sqft
Lot size
27,878 sqft
ZIP code
27712
City
Durham
Street
Covington Ln
Coordinates
36.12702, -78.86379

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,864
Gross rental yield
8.75%
Implied cap rate
5.69%
Trend-extrapolated value

Frequently asked questions

When did 1 Covington Ln last sell?
1 Covington Ln most recently sold on Jul 15, 2022 for $530,000.
What is the current tax assessment for 1 Covington Ln?
The most recent total assessment for 1 Covington Ln (year 2024) is $601,156 with $5,757 in property tax.
How does 1 Covington Ln's assessment compare to its last sale price?
The current assessment is 13.4% above the last sale price of $530,000.
When was 1 Covington Ln built?
1 Covington Ln was built in 2001.
How does 1 Covington Ln compare to others on Covington Ln?
We track 8 other properties on Covington Ln. Browse the list under "Other properties on Covington Ln" to compare beds, baths, and sale history.
What are the property facts for 1 Covington Ln?
1 Covington Ln is a 3 bed, 3 bath, 2,862 sqft, 27,878 sqft lot single_family.
Is 1 Covington Ln a flip candidate?
No — 1 Covington Ln does not appear in our flips dataset.
Is 1 Covington Ln a tax-appeal candidate?
No — 1 Covington Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.8%
Implied 1-yr
-11.0%
2026 Q3
$369.4K
2026 Q4
$357K
ZIP 27712 — Median Price History + Forecast

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