Pending

$325,000

5602 Loyal Ave, Durham, NC 27713

3beds

1,115sqft

Est.:

Single Family Residence, Residential

Built in 1984

0.38 Acres Lot

$320,700 Zestimate^®

$291/sqft

$-- HOA

What's special

Large trex deckFlat fenced-in backyardAdditional storage shedFully updated kitchenNew floorsRenovated master bath

Charming 3 Bedroom, 1.5-Bath Ranch in the Heart of SW Durham! Enjoy the popular Penrith neighborhood in the Woodcroft area, just minutes from Southpoint Mall, Research Triangle Park, and RDU Airport. This home was lovingly upgraded and maintained as the sellers' first home before becoming a cash flowing Airbnb....and the opportunity continues for the next owner! Move in yourself in May or hit the ground running with an established short-term rental business. Outside, you'll find a huge, wired workshop with a 2nd-floor loft, a flat, fenced-in backyard, a large Trex deck, and an additional storage shed. Inside, enjoy a fully updated kitchen, new floors, and a renovated master bath, all completed in 2022!

26 days

3,874

289

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Heat Pump

Cooling

Ceiling Fan(s), Central Air, Electric, Heat Pump

Appliances

Included: Dishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Range Hood, Stainless Steel Appliance(s)
Laundry: In Kitchen, Laundry Closet, Main Level

Features

Bathtub/Shower Combination, Ceiling Fan(s), High Ceilings, Kitchen Island, Open Floorplan, Pantry, Master Downstairs, Storage, Vaulted Ceiling(s)
Flooring: Vinyl
Number of fireplaces: 1
Fireplace features: Family Room, Wood Burning
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,115
Total interior livable area: 1,115 sqft
Finished area above ground: 1,115
Finished area below ground: 0

Property

Parking

Parking features: Driveway

Features

Levels: One
Stories: 1
Patio & porch: Deck
Exterior features: Fenced Yard, Private Yard, Rain Gutters, Storage
Pool features: None
Fencing: Back Yard, Fenced, Full, Wood
Has view: Yes
View description: Trees/Woods

Lot

Size: 0.38 Acres
Features: Back Yard, Private

Details

Additional structures: Barn(s), Shed(s), Workshop
Parcel number: 0739007167
Zoning: R-10
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch, Traditional
Property subtype: Single Family Residence, Residential

Materials

Vinyl Siding
Foundation: Brick/Mortar
Roof: Shingle

Condition

New construction: No
Year built: 1984

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: Penrith

HOA

Has HOA: No

Location

Region: Durham

Financial & listing details

Price per square foot: $291/sqft
Tax assessed value: $315,481
Annual tax amount: $3,127
Date on market: 3/5/2026

Estimated market value

$320,700

$305,000 - $337,000

$1,832/mo

Price history

Date	Event	Price
3/31/2026	Pending sale	$325,000$291/sqft
Source: Doorify MLS #10150454 Report a problem
3/5/2026	Listed for sale	$325,000+44.4%$291/sqft
Source: Doorify MLS #10150454 Report a problem
2/14/2020	Sold	$225,000$202/sqft
Source: Doorify MLS #2296084 Report a problem
1/16/2020	Pending sale	$225,000$202/sqft
Source: Choice Residential Real Estate #2296084 Report a problem
1/12/2020	Listed for sale	$225,000+80%$202/sqft
Source: Choice Residential Real Estate #2296084 Report a problem
1/29/2013	Sold	$125,000+0.1%$112/sqft
Source: Public Record Report a problem
11/21/2012	Price change	$124,900-3.8%$112/sqft
Source: L and F/Fonville Morisey Realty #1851136 Report a problem
10/31/2012	Price change	$129,900-3.7%$117/sqft
Source: L and F/Fonville Morisey Realty #1851136 Report a problem
9/20/2012	Price change	$134,900-3.6%$121/sqft
Source: L and F/Fonville Morisey Realty #1851136 Report a problem
8/30/2012	Price change	$139,900-3.5%$125/sqft
Source: L and F/Fonville Morisey Realty #1851136 Report a problem
8/19/2012	Listed for sale	$144,900$130/sqft
Source: L and F/Fonville Morisey Realty #1851136 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,127 +26.2%	$315,481 +77.6%
2024	$2,478 +6.5%	$177,617
2023	$2,327 +2.3%	$177,617
2022	$2,273 +0.5%	$177,617
2021	$2,263 +2.4%	$177,617
2020	$2,209	$177,617
2019	$2,209	$177,617 +30.5%
2018	$2,209 +20.6%	$136,065
2017	$1,832 +3.5%	$136,065
2016	$1,770	$136,065 +0%
2015	$1,770 -6%	$136,022
2014	$1,883	$136,022
2013	--	$136,022
2012	--	$136,022
2011	$1,773 +0.4%	$136,022
2010	$1,765 +4%	$136,022
2009	$1,698	$136,022
2008	$1,698 +13.4%	$136,022 +28.3%
2007	$1,497 +1.4%	$105,991
2006	$1,475	$105,991
2005	$1,475 +1.4%	$105,991
2004	$1,455	$105,991
2003	--	$105,991
2002	$1,339 +12.3%	$105,991 +44%
2000	$1,192	$73,600