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.
Pending
Price cut: $30K (7/9)
$330,000
403 Timbermill Ln, Durham, NC 27713
4beds
2,123sqft
:
Get pre-qualifiedN/A
Single Family Residence, Residential
Built in 1987
0.37 Acres Lot
$317,000 Zestimate®
$155/sqft
$-- HOA
What's special
Family roomAmple living spaceSeparate dining roomThree additional bedrooms upstairs
- 53 days |
- 384 |
- 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
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: $155/sqft
- Tax assessed value: $419,854
- Annual tax amount: $4,162
- Date on market: 6/15/2026
- Road surface type: Paved
Estimated market value
$317,000
$301,000 - $333,000
$2,586/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/11/2026 | Pending sale | $330,000$155/sqft |
Source:  Doorify MLS #10174175 Report a problem | ||
| 7/9/2026 | Price change | $330,000-8.3%$155/sqft |
Source: Doorify MLS #10174175 Report a problem | ||
| 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
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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