Property listing for 408 W 20th St, Lumberton, NC 28358
For SaleSingle Family Home

$188,000

408 W 20th St, Lumberton, NC 28358

Spacious 3-Bed Brick Home on a Generous Tanglewood Lot

3 Bed · 2 Bath · 2,000 Sq Ft

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

3

Beds

2

Baths

2,000

Sq Ft

1946

Built

0.27 acres

Lot

About 408 W 20th St

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.

Home Highlights

Well-maintained brick veneer homeSpacious 2,000 sq ft interior0.27-acre level lot with mature settingCentral air and heat pumpConcrete driveway for two vehiclesClose to UNC Health Southeastern and local schoolsAssessed value below recent neighborhood valuation range

Property Features

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

Neighborhood & Location

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.

Market Insights

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.

Nearby Schools

Tanglewood Elementary

Elementary · 0.3 mi

4/10

Lumberton Junior High

Middle · 2.2 mi

3/10

Lumberton Senior High

High · 1.2 mi

4/10

Walkability & Recreation

40
Walkability
30
Recreation

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.

Investment Highlights

  • Well-maintained 3-bedroom, 2-bathroom brick home with 2,000 sq ft of living space
  • Located in the desirable Tanglewood neighborhood of Lumberton
  • Proximity to UNC Health Southeastern, shopping, and dining
  • Concrete driveway with parking for two vehicles
  • Central air conditioning and heat pump system

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

Things to Consider

  • Built in 1946 — major systems should be inspected for age and condition
  • School ratings may impact family buyer interest
  • Assessed value below market — potential for property tax reassessment

Opportunity Analysis

Well-maintained brick home in a desirable Lumberton neighborhood with proximity to essential services. Potential for appreciation given assessed value below market estimates.

Potential Use Scenarios

  • Potential primary residence in a central location
  • Opportunity for value appreciation with minor updates
  • Suitable for rental investment given proximity to healthcare facilities

Risk Factors

  • 1946 construction — potential for aging systems
  • School ratings may deter some family buyers
  • Potential for property tax reassessment due to low assessed value

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$169K

Midpoint

$188K

High

$207K

$94/SF estimated price per square foot

80% confidence

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.

As of 2026-03-07

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Demographics

Data not available for 1-mile radius demographics.

Nearby Points of Interest

  • 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)

Proximity to healthcare facilities, schools, and residential neighborhoods.

School District

DistrictPublic Schools of Robeson County
ElementaryTanglewood Elementary (4/10)
MiddleLumberton Junior High (3/10)
HighLumberton Senior High (4/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1946
Constructionbrick veneer
Stories1.5
Roofshingle
Heatingelectric heat pump
Coolingcentral air
Basementnone
FireplaceNo
Conditiongood

Lot & Site

Lot Size0.27 acres (11,761 SF)
Topographylevel
Parkingdriveway
Parking Spaces2
FrontageFrontage on W 20th St

Utilities

Waterpublic
Sewerpublic
Electricavailable
Gasnatural gas available

Zoning & Land Use

Zoning CodeR11
DescriptionSingle Family Residential
JurisdictionCity of Lumberton

Allowed Uses

single family residential
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$129,300
Land$16,500
Improvements$112,800
Annual Tax (2025)$1,050

Sale History

2010-06-07$0

Arm's length transaction

2010-03-09$0

Foreclosure sale

2007-05-18$150,000

$75/SF

Standard sale

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