Opportunity is knocking in the Penrith neighborhood of South Durham. This spacious 4-bedroom, 2.5-bath home sits on a generous 0.33-acre corner lot and offers ample living space -- including a formal living room, separate dining room, family room, first-floor bedroom with half bath, and three additional bedrooms upstairs. Convenient to I-40, RTP, Southpoint Mall, and Downtown Durham with no HOA. Property is being sold as-is. With the right updates, this home has strong upside potential in a neighborhood where demand remains steady. Come see it for yourself.
Single-familyProperty Type
1987Year Built
0.37 acresLot Size
$153Price/Sq.Ft.
Listed by Tiffany McLaurin• The McLaurin Realty Group
Est. $2,440 per month, based on comparable rentals
Sale and tax history for 403 Timbermill Ln
Sale History
Tax History
Date
Event
Price
TMLS #10174175
Oct 7, 2026
Sold
$325,000
$153/sq ft
Jul 11, 2026
Pending
—
Jul 8, 2026
Price Changed
$330,000
$155/sq ft
Jun 15, 2026
Listed
$360,000
$170/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,162 (+28.8%)
$103,161 + $316,693
$419,854
2024
$3,231 (+6.5%)
$103,161 + $316,693
$419,854
2023
$3,034 (+2.3%)
$51,225 + $180,378
$231,603
2022
$2,964 (+0.5%)
$51,225 + $180,378
$231,603
2021
$2,950 (+2.4%)
$51,225 + $180,378
$231,603
2020
$2,881
$51,225 + $180,378
$231,603
2019
$2,881 (+14.0%)
$51,225 + $180,378
$231,603
2018
$2,528 (+0.7%)
$34,150 + $152,214
$186,364
2017
$2,509 (+3.5%)
$34,150 + $152,214
$186,364
2016
$2,424 (+9.8%)
$34,150 + $152,214
$186,364
2014
$2,207 (+3.1%)
$25,476 + $133,972
$159,448
2013
$2,140 (+2.3%)
$25,476 + $133,972
$159,448
2012
$2,092 (+0.7%)
$25,476 + $133,972
$159,448
2011
$2,078
$25,476 + $133,972
$159,448
Public record
Public record
Zoning
Beds
3
Baths
2.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.37 Acres
Year renovated
—
Sq. Ft.
2,124
Year built
1987
Style
Single Family Residential
County
Durham County
APN
155570
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 16, 2026.
RS-10
Residential Suburban Districts
The RS Districts are established to provide for orderly suburban residential development and redevelopment. A limited number of nonresidential uses are allowed, subject to the restrictions necessary to preserve the character of the suburban neighborhood. Multifamily development is permitted in areas designated RS-M, which should have convenient access to arterial streets and nearby civic, commercial or employment uses.
Permitted uses
Include but are not limited to:
Agriculture
Community / recreation center
Property details
Parking
Parking Information
Open Parking: No
Parking Features: Driveway
Interior
Bathroom Information
Bathrooms Full: 2
Bathrooms Half: 1
Bedroom Information
Bedrooms Total: 4
Main Level Bedrooms: 1
Interior Features
Appliances: Dishwasher, Electric Oven, Electric Water Heater, Range Hood, Refrigerator
Interior Features: Bathtub Only, Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Pantry, Shower Only
Flooring: Carpet, Hardwood
Room Information
Has Basement
Walk-In Crawl Space
Exterior
Building Information
Construction Materials: Vinyl Siding
Building Area Total: 2123.0
Structure Type: Site Built
Exterior Features
Patio and Porch Features: Deck, Porch
Roof: Shingle
Property information
Living Area: 2,123
Above Grade Finished Area: 2123.0
Above Grade Finished Area Source: Plans
Below Grade Finished Area: 0.0
Levels: Two
Land Information
Horse: No
Lot Information
Lot Size Acres: 0.37
Lot Size Area: 0.37
Lot Size Square Feet: 16117.0
Lot Size Units: Acres
Waterfront: No
Zoning: R-10
Financial
Tax Information
Tax Annual Amount: 4162.01
Financial Information
Buyer Financing: Conventional
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Heating: No
Heating Information: None
Cooling: Yes
Cooling Information: Central Air
Location
HOA Information
Association: No
Location Information
County Or Parish: Durham
Directions: From I-40, take Exit 276 for Fayetteville Road South. Turn left onto Fayetteville Road, then right onto Carpenter Fletcher Road. Turn left onto Timbermill Lane. The home will be on the right.
Latitude: 35.925279
Longitude: -78.909813
Postal Code: 27713
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Community Information
Senior Community: No
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 2,124
Stories: 1.0
Lot Size: 0.37 acres
Style: Single Family Residential
Year Built: 1987
Year Renovated: —
County: Durham County
APN: 155570
Home facts updated by county records on Oct 16, 2026
Other
Listing Date Information
Contract Status Change Date: 2026-10-07
Documents Change Timestamp: 2026-06-15T19:13:51Z
Photos Change Timestamp: 2026-06-15T19:46:46Z
Price Change Timestamp: 2026-07-09T00:35:17Z
Listing Price Information
Previous List Price: 360000.0
Around this home
Schools
Pearsontown Elementary
Public PreK-5 • Assigned • 0.5mi
6/10
Lowe's Grove Middle
Public 6-8 • Assigned • 1.8mi
2/10
Hillside High
Public 9-12 • Assigned • 1.9mi
2/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Durham, NC • 27713
Average low and high temperatures (°F)
49
29
55
35
70
45
78
54
80
59
90
69
91
73
82
67
81
62
70
51
66
44
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 17% for direct sun exposure in Durham. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$433,000 – $524,000
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