5509 Lake Elton Rd is a 2,054 square foot house on a 0.72 acre lot with 4 bedrooms and 3 bathrooms. Based on Redfin's Durham data, we estimate the home's value is $515,483.
Single-familyProperty Type
2003Year Built
0.72 acresLot Size
$251Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$515,483
$1,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 8.6% higher than the average sale price ($475K) 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
$4,873 (+10.6%)
$129,516 + $362,054
$491,570
2024
$4,405 (+6.5%)
$129,516 + $362,054
$491,570
2023
$4,136 (+2.3%)
$64,350 + $251,429
$315,779
2022
$4,042 (+0.5%)
$64,350 + $251,429
$315,779
2021
$4,023 (+2.4%)
$64,350 + $251,429
$315,779
2020
$3,928
$64,350 + $251,429
$315,779
2019
$3,928 (−15.8%)
$64,350 + $251,429
$315,779
2018
$4,665 (+0.7%)
$38,610 + $305,319
$343,929
2017
$4,631 (+3.5%)
$38,610 + $305,319
$343,929
2016
$4,474 (+14.8%)
$38,610 + $305,319
$343,929
2014
$3,896 (+3.1%)
$37,762 + $243,747
$281,509
2013
$3,778 (+2.3%)
$37,762 + $243,747
$281,509
2012
$3,693 (+0.7%)
$37,762 + $243,747
$281,509
2011
$3,669
$37,762 + $243,747
$281,509
Tax history for 5509 Lake Elton Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,873 (+10.6%)
$129,516 + $362,054
$491,570
2024
$4,405 (+6.5%)
$129,516 + $362,054
$491,570
2023
$4,136 (+2.3%)
$64,350 + $251,429
$315,779
2022
$4,042 (+0.5%)
$64,350 + $251,429
$315,779
2021
$4,023 (+2.4%)
$64,350 + $251,429
$315,779
2020
$3,928
$64,350 + $251,429
$315,779
2019
$3,928 (−15.8%)
$64,350 + $251,429
$315,779
2018
$4,665 (+0.7%)
$38,610 + $305,319
$343,929
2017
$4,631 (+3.5%)
$38,610 + $305,319
$343,929
2016
$4,474 (+14.8%)
$38,610 + $305,319
$343,929
2014
$3,896 (+3.1%)
$37,762 + $243,747
$281,509
2013
$3,778 (+2.3%)
$37,762 + $243,747
$281,509
2012
$3,693 (+0.7%)
$37,762 + $243,747
$281,509
2011
$3,669
$37,762 + $243,747
$281,509
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
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.
Permitted uses
Include but are not limited to:
Agriculture
Community / recreation center
Mar 18, 2026 • Final
Electrical
Electrical
Solar
Oct 30, 2025 • Active
Building
Electrical
Roofing
Solar
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.