5506 Lake Elton Rd is a 1,554 square foot house on a 0.42 acre lot with 3 bedrooms and 2.5 bathrooms. Based on Redfin's Durham data, we estimate the home's value is $418,066.
Single-familyProperty Type
1987Year Built
0.42 acresLot Size
$269Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$418,066
$3,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 0.4% higher than the average sale price ($416K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$4,119 (+64.0%)
$106,926 + $308,581
$415,507
2024
$2,512 (−14.8%)
$106,926 + $308,581
$415,507
2023
$2,949 (+2.3%)
$53,100 + $172,002
$225,102
2022
$2,881 (+0.5%)
$53,100 + $172,002
$225,102
2021
$2,868 (+2.4%)
$53,100 + $172,002
$225,102
2020
$2,800
$53,100 + $172,002
$225,102
2019
$2,800 (+7.6%)
$53,100 + $172,002
$225,102
2018
$2,601 (+0.7%)
$35,400 + $156,366
$191,766
2017
$2,582 (+3.5%)
$35,400 + $156,366
$191,766
2016
$2,495 (+3.8%)
$35,400 + $156,366
$191,766
2014
$2,404 (+3.1%)
$28,941 + $144,738
$173,679
2013
$2,331 (+2.3%)
$28,941 + $144,738
$173,679
2012
$2,279 (+0.7%)
$28,941 + $144,738
$173,679
2011
$2,264
$28,941 + $144,738
$173,679
Tax history for 5506 Lake Elton Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,119 (+64.0%)
$106,926 + $308,581
$415,507
2024
$2,512 (−14.8%)
$106,926 + $308,581
$415,507
2023
$2,949 (+2.3%)
$53,100 + $172,002
$225,102
2022
$2,881 (+0.5%)
$53,100 + $172,002
$225,102
2021
$2,868 (+2.4%)
$53,100 + $172,002
$225,102
2020
$2,800
$53,100 + $172,002
$225,102
2019
$2,800 (+7.6%)
$53,100 + $172,002
$225,102
2018
$2,601 (+0.7%)
$35,400 + $156,366
$191,766
2017
$2,582 (+3.5%)
$35,400 + $156,366
$191,766
2016
$2,495 (+3.8%)
$35,400 + $156,366
$191,766
2014
$2,404 (+3.1%)
$28,941 + $144,738
$173,679
2013
$2,331 (+2.3%)
$28,941 + $144,738
$173,679
2012
$2,279 (+0.7%)
$28,941 + $144,738
$173,679
2011
$2,264
$28,941 + $144,738
$173,679
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RS-20
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.