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703 Lakewood Ave

Durham, NC 27707

2 bd 1 ba 831 sqft Built 1952 Lot 6,098 sqft single_family
Most recent sale
$390,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $390,000 Public Record
Apr 20, 2022 Listed $289,500 MLS #2443496

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $130,283 $228,000 $358,283 $2,433
2023 $111,503 $62,920 $174,423 $2,284
2022 $111,503 $62,920 $174,423 $2,232
2021 $59,009 $62,920 $121,929 $1,553
2020 $59,009 $62,920 $121,929 $1,516
2019 $59,009 $62,920 $121,929 $1,516
2018 $75,788 $42,787 $118,575 $1,608
2017 $75,788 $42,787 $118,575 $1,596
2016 $75,788 $42,787 $118,575 $1,542
2015 $30,945 $26,647 $57,592 $797
2014 $30,945 $26,647 $57,592 $797
2013 $30,945 $26,647 $57,592 $772
2012 $30,945 $26,647 $57,592 $756
2011 $30,945 $26,647 $57,592 $750
2010 $30,945 $26,647 $57,592 $747
2009 $30,945 $26,647 $57,592 $718
2008 $30,945 $26,647 $57,592 $718
2006 $39,979 $17,000 $56,979 $804

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
831 sqft
Lot size
6,098 sqft
ZIP code
27707
City
Durham
Street
Lakewood Ave
Coordinates
35.98687, -78.91109

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
$2,340
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 703 Lakewood Ave last sell?
703 Lakewood Ave most recently sold on May 20, 2022 for $390,000.
What is the current tax assessment for 703 Lakewood Ave?
The most recent total assessment for 703 Lakewood Ave (year 2024) is $358,283 with $2,433 in property tax.
How does 703 Lakewood Ave's assessment compare to its last sale price?
The current assessment is 8.1% below the last sale price of $390,000.
When was 703 Lakewood Ave built?
703 Lakewood Ave was built in 1952.
How does 703 Lakewood Ave compare to others on Lakewood Ave?
We track 8 other properties on Lakewood Ave. Browse the list under "Other properties on Lakewood Ave" to compare beds, baths, and sale history.
What are the property facts for 703 Lakewood Ave?
703 Lakewood Ave is a 2 bed, 1 bath, 831 sqft, 6,098 sqft lot single_family.
Is 703 Lakewood Ave a flip candidate?
No — 703 Lakewood Ave does not appear in our flips dataset.
Is 703 Lakewood Ave a tax-appeal candidate?
No — 703 Lakewood Ave 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
+5.3%
Implied 1-yr
+21.2%
2026 Q3
$916.5K
2026 Q4
$952.6K
ZIP 27707 — Median Price History + Forecast

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