516 Kings Lake Way
Durham, NC 27703
4 bd 3 ba 2,576 sqft Built 2022 Lot 5,009 sqft single_family
Most recent sale
$505,000
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 3, 2022 | Listed for rent | $2,600 | DoorifyMLS |
| Sep 30, 2022 | Sold | $505,000 | MLS #2420027 |
| Aug 23, 2022 | Listed | $499,990 | MLS #2420027 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $265,359 | $42,000 | $307,359 | $4,026 |
Property facts
Year built
2022
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,576 sqft
Lot size
5,009 sqft
ZIP code
27703
City
Durham
Street
Kings Lake Way
Coordinates
35.95812, -78.83325
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,478
Gross rental yield
8.26%
Implied cap rate
5.37%
Trend-extrapolated value
—
Frequently asked questions
When did 516 Kings Lake Way last sell?
516 Kings Lake Way most recently sold on Sep 30, 2022 for $505,000.
What is the current tax assessment for 516 Kings Lake Way?
The most recent total assessment for 516 Kings Lake Way (year 2023) is $307,359 with $4,026 in property tax.
How does 516 Kings Lake Way's assessment compare to its last sale price?
The current assessment is 39.1% below the last sale price of $505,000.
When was 516 Kings Lake Way built?
516 Kings Lake Way was built in 2022.
How does 516 Kings Lake Way compare to others on Kings Lake Way?
We track 8 other properties on Kings Lake Way. Browse the list under "Other properties on Kings Lake Way" to compare beds, baths, and sale history.
What are the property facts for 516 Kings Lake Way?
516 Kings Lake Way is a 4 bed, 3 bath, 2,576 sqft, 5,009 sqft lot single_family.
Is 516 Kings Lake Way a flip candidate?
No — 516 Kings Lake Way does not appear in our flips dataset.
Is 516 Kings Lake Way a tax-appeal candidate?
No — 516 Kings Lake Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.9%
Implied 1-yr
-11.6%
2026 Q3
$387.1K
2026 Q4
$373.3K
ZIP 27703 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Kings Lake Way