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.
For sale
$360,000
403 Timbermill Ln, Durham, NC 27713
4beds
2,123sqft
Single Family Residence, Residential
Built in 1987
0.37 Acres Lot
$406,400 Zestimate®
$170/sqft
$-- HOA
What's special
Family roomAmple living spaceSeparate dining roomThree additional bedrooms upstairs
- 3 days |
- 575 |
- 17 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Tiffany McLaurin 919-745-9682,
The McLaurin Realty Group
Source: Doorify MLS,MLS#: 10174175
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- None
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Electric Water Heater, Range Hood, Refrigerator
Features
- Bathtub Only, Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Pantry, Shower Only
- Flooring: Carpet, Hardwood
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 2,123
- Total interior livable area: 2,123 sqft
- Finished area above ground: 2,123
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Porch
- Has view: Yes
Lot
- Size: 0.37 Acres
Details
- Parcel number: 155570
- Zoning: R-10
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: The Woodlands
HOA
- Has HOA: No
Location
- Region: Durham
Financial & listing details
- Price per square foot: $170/sqft
- Tax assessed value: $419,854
- Annual tax amount: $4,162
- Date on market: 6/15/2026
- Road surface type: Paved
Estimated market value
$406,400
$366,000 - $443,000
$2,247/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Listed for sale | $360,000$170/sqft |
Source:  Doorify MLS #10174175 Report a problem | ||
| 8/23/2014 | Listing removed | $1,200$1/sqft |
Source: Classic Realty #1954177 Report a problem | ||
| 6/12/2014 | Listed for rent | $1,200$1/sqft |
Source: Classic Realty #1954177 Report a problem | ||
| 11/15/2013 | Listing removed | $1,200$1/sqft |
Source: Go Section8 Report a problem | ||
| 11/10/2013 | Listed for rent | $1,200$1/sqft |
Source: Go Section8 Report a problem | ||
| 3/27/2013 | Listing removed | $1,200$1/sqft |
Source: LINDA SMITH #1875368 Report a problem | ||
| 2/23/2013 | Listed for rent | $1,200$1/sqft |
Source: LINDA SMITH #1875368 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,162 +28.8% | $419,854 +81.3% |
| 2024 | $3,231 +6.5% | $231,603 |
| 2023 | $3,034 +2.3% | $231,603 |
| 2022 | $2,964 +0.5% | $231,603 |
| 2021 | $2,950 +2.4% | $231,603 |
| 2020 | $2,881 | $231,603 |
| 2019 | $2,881 | $231,603 +24.3% |
| 2018 | $2,881 +14.8% | $186,364 |
| 2017 | $2,509 +3.5% | $186,364 |
| 2016 | $2,425 | $186,364 +16.9% |
| 2015 | $2,425 +9.9% | $159,448 |
| 2014 | $2,207 | $159,448 |
| 2013 | -- | $159,448 |
| 2012 | -- | $159,448 |
| 2011 | $2,078 +0.4% | $159,448 |
| 2010 | $2,069 +4% | $159,448 |
| 2009 | $1,990 | $159,448 |
| 2008 | $1,990 -2.5% | $159,448 +10.3% |
| 2007 | $2,041 +1.4% | $144,523 |
| 2006 | $2,012 | $144,523 |
| 2005 | $2,012 +1.4% | $144,523 |
| 2004 | $1,984 | $144,523 |
| 2003 | -- | $144,523 |
| 2002 | $1,825 +24.9% | $144,523 +60.2% |
| 2000 | $1,461 | $90,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Penrith
Nearby schools
GreatSchools rating
- 6/10Pearsontown ElementaryGrades: PK-5Distance: 0.5 mi
- 2/10Lowe's Grove MiddleGrades: 6-8Distance: 1.8 mi
- 2/10Hillside HighGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Durham - Pearsontown Elementary
- Middle: Durham - Lowes Grove Middle
- High: Durham - Hillside High
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Durham County
- Durham
- 27713
- Penrith
- 403 Timbermill Ln
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Durham Topics
