CompCasa Property Analysis · single_family

408 W 20th St

Spacious 3-Bed Brick Home on a Generous Tanglewood Lot

2,000 sq ft, 0.27-acre lot steps from UNC Health Southeastern

3 beds2 baths2,000 sq ftBuilt 19460.27 acresnone
CompCasa valuation analysis
Estimated market value
$188,000
Low $169,000 · Midpoint $188,000 · High $207,000
Confidence80%Sales comparison approach
Last recorded sale$150,000May 18, 2007
Assessed value$129,3002025 assessment
CompCasa estimate$188,000Mar 7, 2026
Estimate vs. last recorded sale+$38,000 / +25.3%
$169,000$188,000 midpoint$207,000
Price / sq ft$94

Sales comparison approach using recent listings and sales in the Tanglewood neighborhood. Adjusted for size, condition, and location. Assessed value of $129,300 appears below market.

About the property

Spacious 3-Bed Brick Home on a Generous Tanglewood Lot

A solid, mid-century brick veneer home stands with presence on W 20th Street — 408 W 20th St delivers generous interior space and a deep, level lot in Lumberton’s long-established Tanglewood neighborhood. With roughly 2,000 square feet across one-and-a-half stories, this 1946-built residence balances durable construction and practical livability: brick exterior, shingle roof, crawlspace foundation, and a concrete driveway that fits two vehicles.

You’ll find large, well-proportioned rooms throughout. The floorplan emphasizes comfortable living areas, three bedrooms and two full baths, and systems that support everyday convenience: central air conditioning, an electric heat pump, and a natural gas water heater. The home’s condition is listed as good, and the concrete driveway plus level yard create straightforward outdoor maintenance and room for landscaping, gardening, or an outdoor seating area.

What sets this property apart is location and scale. The 0.27-acre parcel provides private outdoor breathing room uncommon on many infill lots; Tanglewood Elementary sits about three blocks away and UNC Health Southeastern is roughly a half-mile — making commutes to medical, school, and community services quick and simple. The neighborhood’s mature streets and proximity to local anchors mean essentials are nearby without sacrificing a residential feel.

From an investment perspective, recent in-neighborhood sales and a professional valuation place fair market value in the $169,000–$207,000 range, with an estimated midpoint around $188,000. The current assessed value of $129,300 suggests opportunity for buyers attentive to condition and systems; key due diligence items include verifying the age and function of major mechanical systems, confirming lot boundaries, and reviewing zoning and school assignments. With thoughtful updates this home can reward both owner-occupants and investors looking for a well-built, centrally located single-family offering in Lumberton.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$112,000
Property address302 W 20th St, Lumberton, NC 28358
2 bed1 bath944 sq ftBuilt 19500.1 mi130,680 sq ft lot$118/SF
Sold Jan 15, 2026
Subject difference
  • 1,056 SF smaller
  • 1 fewer bedroom
  • 1 fewer bathroom
  • 118,919 SF larger lot
  • 4 years newer
Research comparison noteSmaller home on larger lot; sold recently
02Sold price$98,000
Property address703 W 20th St, Lumberton, NC 28358
3 bed1 bath1,065 sq ftBuilt 19580.3 mi9,583 sq ft lot$92/SF
Sold Feb 1, 2024
Subject difference
  • 935 SF smaller
  • 1 fewer bathroom
  • 2,178 SF smaller lot
  • 12 years newer
Research comparison noteSimilar bedroom count; older sale date
Comp methodology: Focused on single-family homes within 0.5 miles in Tanglewood neighborhood sold in last 24 months for maximum relevance
Property details

A 1946 traditional on 0.27 acres.

Building

Year built1946
ConstructionBrick Veneer
RoofShingle
Heatingelectric heat pump
Coolingcentral air

Site & utilities

Lot size0.27 acres
Garagenone
Stories1.5
ConditionGood
BasementNone
FireplaceNo
Improvement notes3 bedrooms, 2 bathrooms, central air, heat pump, gas water heater, crawlspace foundation
Lot area11,761 sq ft
TopographyLevel
FrontageFrontage on W 20th St
ParkingDriveway
Parking spaces2
Parking notesConcrete driveway with space for two vehicles
AccessStandard residential driveway from W 20th St
WaterPublic
SewerPublic
ElectricAvailable
GasNatural Gas Available
Location & nearby

Tanglewood

Researched nearby locations

UNC Health Southeastern (0.5 mi)
Lumberton High School (1.2 mi)
Tanglewood Elementary School (0.3 mi)
Lumberton Junior High School (2.2 mi)

Location

408 W 20th St, Lumberton, NC 28358

View in Google Maps
Editorial neighborhood context

Tanglewood is a mature, residential neighborhood in central Lumberton characterized by tree-lined streets, single-family homes, and convenient proximity to essential services. Families will appreciate short walks to Tanglewood Elementary and easy drives to UNC Health Southeastern. Local shops, schools, and community services are close at hand, creating a neighborhood atmosphere that blends quiet residential life with quick access to city amenities.

Nearby access summary

Neighborhood streets and school grounds provide straightforward walking and local recreation; larger parks and regional outdoor options are reachable by a short drive from Tanglewood.

ElementaryTanglewood Elementary (4/10)
Middle schoolLumberton Junior High (3/10)
High schoolLumberton Senior High (4/10)
School districtPublic Schools of Robeson County
Market context

A factual market snapshot around 408 W 20th St.

Editorial market perspective

Local market signals for Lumberton and the Tanglewood neighborhood are mixed and somewhat limited in public data, but nearby closed sales give useful context. Recent comparables within a half-mile show sale prices of $112,000 and $98,000 for smaller homes; those sales help frame price-per-square-foot dynamics and indicate active demand for modest single-family inventory. A sales-comparison valuation for 408 W 20th St places an estimated range between $169,000 and $207,000 (midpoint $188,000) — materially above the county assessed value of $129,300, which could represent an opportunity for buyers.

Specific inventory levels and average days-on-market for Lumberton are not available in the supplied dataset, so prospective buyers should confirm current listing activity and DOM prior to offers. Given the home’s size, neighborhood location, and proximity to UNC Health Southeastern, this property is attractive to both owner-occupiers and investors; buyers who act when comparable inventory is light may find negotiating leverage. Sellers should be prepared for inspections given the 1946 construction date and for potential reassessment discussions with the tax office. In short: perform system inspections, confirm comparable active listings, and use the lower assessed value as one data point in crafting offer strategy.

Zoning & land use

Single Family Residential

Zoning

Zoning codeR11
DescriptionSingle Family Residential
JurisdictionCity of Lumberton
Assessor useSingle Family Residential
Current useResidential
SetbacksRefer to local zoning ordinances for specific setback requirements

Research-indicated uses

  • Single Family Residential
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$16,500
Assessed improvements$112,800
Total assessed$129,300
Assessment year2025
Annual property tax$1,050
Tax year2025

Sale history

2007-05-18$150,000 · $75/SF
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Assessed value of $129,300 (land $16,500, improvements $112,800) — annual taxes $1,050
  • Zoned R11 — Single Family Residential
  • Built in 1946 — potential for historic charm
  • Comparable sales in Tanglewood suggest a market value range of $169,000 to $207,000

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify age and condition of major systems
  • Confirm zoning restrictions and allowances
  • Professional home inspection
  • Review school zone assignments
Highlights & features

What stands out about this property.

Interior Features

  • Approximately 2,000 square feet of living area
  • 3 bedrooms and 2 full bathrooms
  • One-and-a-half story layout with large room proportions
  • Central air conditioning
  • Electric heat pump
  • Crawlspace foundation
  • Gas water heater

Exterior & Lot

  • Brick veneer construction
  • Level 0.27-acre lot (approx. 11,761 sq ft)
  • Concrete driveway with parking for two vehicles
  • Shingle roof
  • Frontage on W 20th St

Location & Neighborhood

  • Tanglewood neighborhood — established residential area
  • UNC Health Southeastern approximately 0.5 miles away
  • Tanglewood Elementary approximately 0.3 miles away
  • Lumberton Senior High approximately 1.2 miles away
  • Zoned R11 (Single Family Residential)

Walkability & Recreation

  • Walkability Rating: 40/100 — Car-Dependent
  • Nearby schools within easy walking distance
  • Neighborhood streets suitable for daily walks
  • Local healthcare and community services within a short drive
  • Community amenities and parks available in greater Lumberton area
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Homes.com property listing for 408 W 20th StView source
2
Coldwell Banker listing for 408 W 20th StView source
3
eXp Realty listing for 408 W 20th StView source
4
Realtor.com listing for 302 W 20th StView source
5
Realtor.com listing for 703 W 20th StView source
6
Compass listing for 700 W 20th StView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.