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Sold for $550,000
  • Zillow Home logoZestimate®
    $550,000

    505 Kings Lake Way, Durham, NC 27703

    4beds
    3,291sqft
    Single Family Residence
    Built in 2022
    5,662 Square Feet Lot
    $550,000 Zestimate®
    $167/sqft
    $2,741 Estimated rent

    Home value

    $550,000

    $523,000 - $578,000

    $2,741/mo

    Zestimate® history
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    What's special

    Gas fireplaceThree full bedrooms upstairsSolid surface countersStainless appliances
    Absolutely stunning to view and lightly lived in home minutes from Duke and the RTP! Bright open concept lower level complete with a bedroom and full bath. Stainless appliances, solid surface counters with an open view to the family room which includes a gas fireplace. Three full bedrooms upstairs making a total of four bedrooms in this beautiful home. Very easy to show!

    Zillow last checked:

    Listing updated:

    Listed by:

    Warren Adamson 919-260-2260,

    Keller Williams Elite Realty

    Bought with:

    Gretchen Coley, 209948

    Compass -- Raleigh

    Source: Doorify MLS,MLS#: 10171903MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Second
    • Area: 523.24 Square Feet
    • Dimensions: 25.4 x 20.6
    Bedroom 2
    • Level: Second
    • Area: 171.6 Square Feet
    • Dimensions: 15.6 x 11.0
    Bedroom 3
    • Level: Second
    • Area: 125.4 Square Feet
    • Dimensions: 11.4 x 11.0
    Bedroom 4
    • Level: Main
    • Area: 136 Square Feet
    • Dimensions: 13.6 x 10.0
    Breakfast room
    • Level: Main
    • Area: 172.96 Square Feet
    • Dimensions: 18.8 x 9.2
    Dining room
    • Level: Main
    • Area: 112.8 Square Feet
    • Dimensions: 12.0 x 9.4
    Other
    • Level: Main
    • Area: 160 Square Feet
    • Dimensions: 16.0 x 10.0
    Family room
    • Level: Main
    • Area: 268.25 Square Feet
    • Dimensions: 18.5 x 14.5
    Kitchen
    • Level: Main
    • Area: 199.39 Square Feet
    • Dimensions: 15.7 x 12.7
    Laundry
    • Level: Second
    • Area: 102.2 Square Feet
    • Dimensions: 14.0 x 7.3
    Living room
    • Level: Main
    • Area: 134.4 Square Feet
    • Dimensions: 12.0 x 11.2
    Other
    • Description: Garage
    • Level: Main
    • Area: 412 Square Feet
    • Dimensions: 20.6 x 20.0
    Heating
    • Central, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator
    Features
    • Entrance Foyer
    • Flooring: Carpet, Hardwood
    • Number of fireplaces: 1
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 3,291
    • Total interior livable area: 3,291 sqft
    • Finished area above ground: 3,291
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio, Screened
    Lot
    • Size: 5,662 Square Feet
    Details
    • Parcel number: 232642
    • Zoning: PDR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman,Farmhouse,Transitional
    • Property subtype: Single Family Residence
    Materials
    • Fiber Cement, Stone
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Ashton Crossing
    HOA
    • Has HOA: Yes
    • Services included: Unknown
    • HOA fee: $75 monthly
    • HOA name: Professional Association Mgmt
    • HOA phone: 910-973-1427
    Location
    • Region: Durham

    Financial & listing details

    • Price per square foot: $167/sqft
    • Tax assessed value: $604,149
    • Annual tax amount: $6,489
    • Date on market: 6/4/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    10/14/2026Sold$550,000-0.9%$167/sqft
    Source: Doorify MLS #10171903 Report a problem
    8/30/2026Pending sale$555,000$169/sqft
    Source: Doorify MLS #10171903 Report a problem
    7/31/2026Price change$555,000-3.5%$169/sqft
    Source: Doorify MLS #10171903 Report a problem
    7/8/2026Price change$575,000-4%$175/sqft
    Source: Doorify MLS #10171903 Report a problem
    6/18/2026Price change$599,000-3.4%$182/sqft
    Source: Doorify MLS #10171903 Report a problem
    6/4/2026Listed for sale$620,000-0.8%$188/sqft
    Source: Doorify MLS #10171903 Report a problem
    5/12/2023Sold$625,000+0.8%$190/sqft
    Source: Doorify MLS #2506266 Report a problem
    4/24/2023Pending sale$620,000$188/sqft
    Source: Doorify MLS #2506266 Report a problem
    4/24/2023Contingent$620,000$188/sqft
    Source: Doorify MLS #2506266 Report a problem
    4/20/2023Listed for sale$620,000-3.1%$188/sqft
    Source: Doorify MLS #2506266 Report a problem
    1/23/2023Listing removed--
    Source: Doorify MLS #2474658 Report a problem
    9/16/2022Listed for sale$640,000$194/sqft
    Source: Doorify MLS #2474658 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,775 +9%$604,149 +53.8%
    2024$5,297 +6.3%$392,905
    2023$4,984 $392,905
    Find assessor info on the county website

    Neighborhood: 27703

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Durham - Spring Valley Elementary School
    • Middle: Durham - Neal Middle
    • High: Durham - Southern School of Energy and Sustainability

    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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    Estimated market value
    $550,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $550,000