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1518 Lantern Pl; Durham, NC Property Details

1518 Lantern Pl, Durham, NC is a Single Family that was built in 2000. This property is currently a cash purchase and is not for sale. Our records show that 1518 Lantern Pl has 3 bedrooms, and 2 bathrooms, and a total of 1,176 square feet. The lot size of 1518 Lantern Pl is 10,890 square feet.

Off market
1518 Lantern Pl Durham, NC 27707
$217,000 Listing Price
3 Beds
2 Baths
1,176 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Corporate
  • Owner Status: Corporate
  • Year Built: 2000
  • Purchase Price: $217,000
  • Est. Equity / %: $284,000 / 100%
  • Gross Yield: 6.359%
  • APN: 156660
  • Situs County: Durham
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Stories: 1
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 1,176/SqFt
  • Lot: 10,890/SqFt
  • Living: 1,176/SqFt
  • Building: 1,176/SqFt
  • Ground: 1,176/SqFt
  • Price Per Square Foot: $184.52

Legal Description

  • Description: SOUTHEAST PRK/SEC:02/BLK: F/LT#07 PL:000080-000026
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.963943 / -78.88356
  • Subdivision: Southeast Prk Sec 5
  • Property Class: Residential
  • Zoning: RU-5
  • County Use Code: 111

Amenities

  • Plus Four: 4410
  • Cooling: Yes
  • Heating: Yes

Ownership Info

1518 Lantern Pl has no associated ownership info
1518 Lantern Pl has no associated ownership info.

Taxes

1518 Lantern Pl has 10 associated Taxes items

1518 Lantern Pl, Durham, NC pays taxes in Durham County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $258,644. The APN we've located for 1518 Lantern Pl is 156660.

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Taxes
  • Assessed Value:  $258,644
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  156660
  • Assessed Land Value:  93750
  • Market Land Value:  93750
  • Tax Amount:  2563.93
  • Tax Year:  2025
  • Market Value:  258644
  • Market Year:  2025

Tax History

1518 Lantern Pl has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $258,644 Land Value $93,750 Improvement Value $164,894 Tax Amount $2,563.93 Change Rate +0.342836% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $136,880 Land Value $25,000 Improvement Value $111,880 Tax Amount $1,909.34 Change Rate +0.064886% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $136,880 Land Value $25,000 Improvement Value $111,880 Tax Amount $1,793 Change Rate +0.023449% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $136,880 Land Value $25,000 Improvement Value $111,880 Tax Amount $1,751.92 Change Rate +0.004708% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $136,880 Land Value $25,000 Improvement Value $111,880 Tax Amount $1,743.71 Change Rate +0.024115% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $136,880 Land Value $25,000 Improvement Value $111,880 Tax Amount $1,702.65 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $136,880 Land Value $25,000 Improvement Value $111,880 Tax Amount $1,702.65 Change Rate +0.117166% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $112,354 Land Value $25,000 Improvement Value $87,354 Tax Amount $1,524.08 Change Rate +0.007423% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $112,354 Land Value $25,000 Improvement Value $87,354 Tax Amount $1,512.85 Change Rate +0.034894% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $112,354 Land Value $25,000 Improvement Value $87,354 Tax Amount $1,461.84 Change Rate -0.02723% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $108,558 Land Value $21,489 Improvement Value $87,069 Tax Amount $1,502.76 Change Rate -0.000007% Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $108,558 Land Value $21,489 Improvement Value $87,069 Tax Amount $1,502.77 Change Rate Assessed CR Tax Rate +0.013843%