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702 Gatehouse Ln; Durham, NC Property Details

702 Gatehouse Ln, Durham, NC is a Townhouse that was built in 1989. This property is currently Financed and is not for sale. Our records show that 702 Gatehouse Ln has 2 bedrooms, and 2 bathrooms, and a total of 1,148 square feet. The lot size of 702 Gatehouse Ln is 871 square feet.

Off market
702 Gatehouse Ln Durham, NC 27707
$245,610 Estimated Value
2 Beds
2 Baths
1,148 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1989
  • Purchase Price: $105,000
  • Open Loans: 1
  • Gross Yield: 7.111%
  • APN: 139442
  • Situs County: Durham
  • Length Of Ownership: 23 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 4

Structure

  • Building Style: Wood
  • Stories: 1.75
  • Exterior Wall Type: Brick veneer
  • Roof Cover Type: Asphalt
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 1,148/SqFt
  • Lot: 871/SqFt
  • Living: 1,148/SqFt
  • Building: 1,148/SqFt
  • Ground: 960/SqFt
  • Price Per Square Foot: $91.46

Legal Description

  • Description: WESTGATE TWNHMS/SEC:02/PH :03/UT#0702 TYPE-07/BN/F PL:000121-000178
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Durham Public Schools
  • Lat / Lon: 35.9623 / -78.963264
  • Subdivision: Westgate Twnhms S-2 P-3
  • Property Class: Residential
  • Zoning: PDR 6.420
  • County Use Code: 122

Amenities

  • Plus Four: 3421
  • Bathroom Fixtures: 8
  • 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

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

Taxes

702 Gatehouse Ln has 10 associated Taxes items

702 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 $245,610. The APN we've located for 702 Gatehouse Ln is 139442.

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Taxes
  • Assessed Value:  $245,610
  • Assessed Year:  2025
  • Assessed County:  Durham
  • APN:  139442
  • Assessed Land Value:  90000
  • Market Land Value:  90000
  • Tax Amount:  2434.73
  • Tax Year:  2025
  • Market Value:  245610
  • Market Year:  2025

Tax History

702 Gatehouse Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $245,610 Land Value $90,000 Improvement Value $155,610 Tax Amount $2,434.73 Change Rate +0.411421% Assessed CR Tax Rate +0.009913%
Year 2024 Assessed Value $123,666 Land Value $24,000 Improvement Value $99,666 Tax Amount $1,725.02 Change Rate +0.064886% Assessed CR Tax Rate +0.013949%
Year 2023 Assessed Value $123,666 Land Value $24,000 Improvement Value $99,666 Tax Amount $1,619.91 Change Rate +0.023439% Assessed CR Tax Rate +0.013099%
Year 2022 Assessed Value $123,666 Land Value $24,000 Improvement Value $99,666 Tax Amount $1,582.81 Change Rate +0.00471% Assessed CR Tax Rate +0.012799%
Year 2021 Assessed Value $123,666 Land Value $24,000 Improvement Value $99,666 Tax Amount $1,575.39 Change Rate +0.024124% Assessed CR Tax Rate +0.012739%
Year 2020 Assessed Value $123,666 Land Value $24,000 Improvement Value $99,666 Tax Amount $1,538.28 Change Rate Assessed CR Tax Rate +0.012439%
Year 2019 Assessed Value $123,666 Land Value $24,000 Improvement Value $99,666 Tax Amount $1,538.28 Change Rate +0.062921% Assessed CR Tax Rate +0.012439%
Year 2018 Assessed Value $106,688 Land Value $20,000 Improvement Value $86,688 Tax Amount $1,447.22 Change Rate +0.007428% Assessed CR Tax Rate +0.013565%
Year 2017 Assessed Value $106,688 Land Value $20,000 Improvement Value $86,688 Tax Amount $1,436.55 Change Rate +0.034896% Assessed CR Tax Rate +0.013465%
Year 2016 Assessed Value $106,688 Land Value $20,000 Improvement Value $86,688 Tax Amount $1,388.11 Change Rate -0.127556% Assessed CR Tax Rate +0.013011%
Year 2015 Assessed Value $114,936 Land Value $21,100 Improvement Value $93,836 Tax Amount $1,591.06 Change Rate Assessed CR Tax Rate +0.013843%
Year 2014 Assessed Value $114,936 Land Value $21,100 Improvement Value $93,836 Tax Amount $1,591.06 Change Rate Assessed CR Tax Rate +0.013843%