Skip main navigation
Sold for $545,000
  • Zestimate®
    $545,000

    507 Phar Lap Ln, Bahama, NC 27503

    4beds
    2,968sqft
    Single Family Residence
    Built in 1987
    0.92 Acres Lot
    $545,000 Zestimate®
    $184/sqft
    $4,037 Estimated rent

    Home value

    $545,000

    $518,000 - $572,000

    $4,037/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $4,037/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $4,037/mo

    Rent Zestimate®

    Refinance and save

    $4,346/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $4,346/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Stone fireplaceModern finishesRecently renovated kitchenLarge bonus roomButcher block islandStep-in showerBeautiful oak floors
    Property is under contract but sellers will allow showings and back-up offers. Split-level beauty with almost 3,000 sq ft of finished space in Black Horse Run - the sought after community offering horse facilities, pool with clubhouse and tennis courts. Incredible views and thoughtful updates make this property a rare find. Step inside to beautiful oak floors and a recently renovated kitchen featuring a butcher block island, quartz countertops, farmhouse sink, and the modern finishes today's buyers love. The keeping room just off the kitchen invites you to gather around the stone fireplace while enjoying views of the private backyard and surrounding nature. Upstairs, the spacious primary suite offers a step-in shower and built-in vanity. Two additional bedrooms are located across the hall from a well-designed bath with a separate bathing area for added privacy and convenience. The finished basement provides exceptional flexibility with a bedroom or office, full bath, multiple storage closets, and a large bonus room. With its own walk-out access, this space could easily be adapted for multi-generational living or guest accommodations. Outside, you'll find a peaceful backyard framed by mature hardwoods and beautiful views. Flowering shrubs, fruit trees, and raised garden beds create a gardener's dream, while clear nights bring stunning star-filled skies. This is a home where thoughtful updates, natural beauty, and flexible living spaces come together perfectly. *Lot next door (1 acre) is owned by family of sellers and can be purchased together - MLS#10173948

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Edwards 919-564-6652,

    Choice Residential Real Estate

    Bought with:

    Brianna Marie Colomo, 336581

    Coldwell Banker Advantage

    Source: Doorify MLS,MLS#: 10173935MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: Second
    • Area: 214.14 Square Feet
    • Dimensions: 16.6 x 12.9
    Bedroom 2
    • Level: Second
    • Area: 133.4 Square Feet
    • Dimensions: 11.6 x 11.5
    Bedroom 3
    • Level: Second
    • Area: 105.68 Square Feet
    • Dimensions: 11.6 x 9.11
    Bedroom 4
    • Level: Basement
    • Area: 132.21 Square Feet
    • Dimensions: 11.11 x 11.9
    Dining room
    • Level: Main
    • Area: 163.75 Square Feet
    • Dimensions: 13.1 x 12.5
    Family room
    • Level: Main
    • Area: 207 Square Feet
    • Dimensions: 18.0 x 11.5
    Kitchen
    • Level: Main
    • Area: 256 Square Feet
    • Dimensions: 20.0 x 12.8
    Living room
    • Level: Main
    • Area: 263.44 Square Feet
    • Dimensions: 20.11 x 13.1
    Recreation room
    • Level: Basement
    • Area: 367.08 Square Feet
    • Dimensions: 22.8 x 16.1
    Heating
    • Heat Pump
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Built-In Electric Range, Dishwasher, Microwave, Range Hood, Stainless Steel Appliance(s)
    • Laundry: Main Level
    Features
    • Breakfast Bar, Ceiling Fan(s), Kitchen Island, Stone Counters
    • Flooring: Carpet, Hardwood, Tile, Vinyl, Wood
    • Basement: Finished,Walk-Out Access
    • Fireplace features: Stone, Wood Burning
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,968
    • Total interior livable area: 2,968 sqft
    • Finished area above ground: 2,129
    • Finished area below ground: 839

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: Multi/Split
    • Patio & porch: Covered, Deck, Patio, Rear Porch
    • Exterior features: Garden, Storage
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 0.92 Acres
    • Features: Garden, Wooded
    Details
    • Additional structures: Shed(s), Storage
    • Parcel number: 0838115768
    • Special conditions: Standard
    • Horse amenities: Arena, Barn, Boarding Facilities, Paddocks, Pasture, Riding Trail

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Stone, Wood Siding
    • Foundation: Block
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well

    Community & HOA

    Community
    • Features: Clubhouse, Pool, Tennis Court(s)
    • Subdivision: Black Horse Run
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Pool, Trail(s)
    • Services included: Maintenance Grounds
    • HOA fee: $968 annually
    • HOA name: Black Horse Run of Durham
    • HOA phone: 919-943-8961
    Location
    • Region: Bahama

    Financial & listing details

    • Price per square foot: $184/sqft
    • Tax assessed value: $500,856
    • Annual tax amount: $3,205
    • Date on market: 6/13/2026
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    10/26/2026Sold$545,000$184/sqft
    Source: Doorify MLS #10173935 Report a problem
    9/12/2026Pending sale$545,000$184/sqft
    Source: Doorify MLS #10173935 Report a problem
    8/13/2026Price change$545,000-0.9%$184/sqft
    Source: Doorify MLS #10173935 Report a problem
    7/21/2026Price change$550,000-4.3%$185/sqft
    Source: Doorify MLS #10173935 Report a problem
    6/24/2026Price change$575,000-0.9%$194/sqft
    Source: Doorify MLS #10173935 Report a problem
    6/18/2026Price change$580,000-0.9%$195/sqft
    Source: Doorify MLS #10173935 Report a problem
    6/13/2026Listed for sale$585,000+50%$197/sqft
    Source: Doorify MLS #10173935 Report a problem
    12/3/2020Sold$390,000$131/sqft
    Source: Hive MLS #100247557 Report a problem
    10/28/2020Pending sale$390,000+7%$131/sqft
    Source: Mitchell Prime Properties #2322604 Report a problem
    10/13/2020Price change$364,500-2.7%$123/sqft
    Source: Mitchell Prime Properties #2322604 Report a problem
    8/19/2020Price change$374,500-3.9%$126/sqft
    Source: Mitchell Prime Properties #2322604 Report a problem
    8/11/2020Price change$389,500-13.1%$131/sqft
    Source: Mitchell Prime Properties #2322604 Report a problem
    6/3/2020Price change$448,000-2.4%$151/sqft
    Source: Mitchell Prime Properties #2305052 Report a problem
    4/24/2020Listed for sale$459,000$155/sqft
    Source: Local MLS #2305052 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,206 +9.6%$500,856 +67.9%
    2024$2,926 +5.6%$298,224
    2023$2,771 +14.1%$298,224 +0.8%
    2022$2,428 $295,740
    2021$2,428 +1.2%$295,740
    2020$2,398 $295,740
    2019$2,398 -6.2%$295,740 +20.2%
    2018$2,557 +11.6%$246,036
    2017$2,291 +3%$246,036
    2016$2,223 $246,036 -2%
    2015$2,223 -6.5%$250,979
    2014$2,377 $250,979
    2013-- $250,979
    2012-- $250,979
    2011$2,023 0%$250,979
    2010$2,023 +4.9%$250,979
    2009$1,928 $250,979
    2008$1,928 -4.7%$250,979 +7.8%
    2007$2,024 $232,854
    2006$2,024 $232,854
    2005$2,024 +2.2%$232,854
    2004$1,979 $232,854
    2003-- $232,854
    2002$1,837 -4.9%$232,854 +19.3%
    2000$1,932 $195,200
    Find assessor info on the county website

    Neighborhood: 27503

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Durham - Mangum Elementary
    • Middle: Durham - Lucas Middle School
    • High: Durham - Northern High

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    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

    $545,000

    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

    $545,000