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305 Gatehouse Ln; Durham, NC Property Details

305 Gatehouse Ln, Durham, NC is a Townhouse that was built in 1989. This property is currently a cash purchase and is not for sale. Our records show that 305 Gatehouse Ln has 1 bedroom, and 1 bathroom, and a total of 875 square feet. The lot size of 305 Gatehouse Ln is 871 square feet.

Off market  •   Pre Probate ✓
305 Gatehouse Ln Durham, NC 27707
$219,247 Estimated Value
1 Beds
1 Baths
875 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1989
  • Purchase Price: $86,500
  • Est. Equity / %: $234,000 / 100%
  • Gross Yield: 6.19%
  • APN: 139396
  • Situs County: Durham
  • Length Of Ownership: 21 years, 5 months

Rooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 2

Structure

  • Building Style: Wood
  • Stories: 1.25
  • Exterior Wall Type: Wood Siding
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 875/SqFt
  • Lot: 871/SqFt
  • Living: 875/SqFt
  • Building: 875/SqFt
  • Ground: 864/SqFt
  • Price Per Square Foot: $98.86

Legal Description

  • Description: WESTGATE TWNHMS/SEC:02/PH :01/UT#0305 TYPE-06/BN/F PL:000118-000159
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.962185 / -78.965096
  • Subdivision: Westgate Twnhms S-2 P-1
  • Property Class: Residential
  • Zoning: PDR 6.420
  • County Use Code: 122

Amenities

  • Plus Four: 3414
  • Bathroom Fixtures: 5
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Yes

HOA

  • H O A One: $198
  • H O A Amount: $198
  • H O A One Frequency: Monthly
  • H O A One Name: Westgate Townes Home Ownr Assn
  • H O A One Type: Condo  Owner Association

Ownership Info

305 Gatehouse Ln has no associated ownership info
305 Gatehouse Ln has no associated ownership info.

Taxes

305 Gatehouse Ln has 10 associated Taxes items

305 Gatehouse Ln, 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 $219,247. The APN we've located for 305 Gatehouse Ln is 139396.

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Taxes
  • Assessed Value:  $219,247
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  139396
  • Assessed Land Value:  90000
  • Market Land Value:  90000
  • Tax Amount:  2173.4
  • Tax Year:  2024
  • Market Value:  219247
  • Market Year:  2025

Tax History

305 Gatehouse Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $219,247 Land Value $90,000 Improvement Value $129,247 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $109,141 Land Value $24,000 Improvement Value $85,141 Tax Amount $2,173.4 Change Rate +0.427605% Assessed CR Tax Rate +0.019914%
Year 2023 Assessed Value $109,141 Land Value $24,000 Improvement Value $85,141 Tax Amount $1,522.41 Change Rate +0.089849% Assessed CR Tax Rate +0.013949%
Year 2022 Assessed Value $109,141 Land Value $24,000 Improvement Value $85,141 Tax Amount $1,396.9 Change Rate +0.004711% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $109,141 Land Value $24,000 Improvement Value $85,141 Tax Amount $1,390.35 Change Rate +0.024123% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $109,141 Land Value $24,000 Improvement Value $85,141 Tax Amount $1,357.6 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $109,141 Land Value $24,000 Improvement Value $85,141 Tax Amount $1,357.6 Change Rate +0.063825% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $94,077 Land Value $20,000 Improvement Value $74,077 Tax Amount $1,276.15 Change Rate +0.007421% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $94,077 Land Value $20,000 Improvement Value $74,077 Tax Amount $1,266.75 Change Rate +0.034893% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $94,077 Land Value $20,000 Improvement Value $74,077 Tax Amount $1,224.04 Change Rate -0.061269% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $94,194 Land Value $21,100 Improvement Value $73,094 Tax Amount $1,303.93 Change Rate +0.000008% Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $94,194 Land Value $21,100 Improvement Value $73,094 Tax Amount $1,303.92 Change Rate Assessed CR Tax Rate +0.013843%