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    358 Red Elm Dr Durham, NC 27713

    For Sale
    $280,000

    Townhome in Hope Valley with updated interior and wooded views.

    Property size:
    1,139 SF
    Lot size:
    0.03 Acres

    Property Features for 358 Red Elm Dr

    General Information

    Size
    1,139 SF
    Lot size
    0.03 Acres

    Building Details

    Year built
    2007

    Source: KW Elite Realty Agent Tip Iuliucci

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elm Grove Townhome with Upgrades

    This townhome is located in the Elm Grove section of Hope Valley and backs up to a wooded area. The interior has been recently painted and features stainless steel appliances. Hardwood flooring was redone downstairs in 2020, with wood stair treads leading to the upstairs. There are two bedrooms upstairs, each with its own full bath. Hardwood flooring was added upstairs in 2020, with vinyl flooring in the hall bath and tile floors in the primary bath. The primary bath includes a garden tub and separate shower. The AC unit was replaced in April 2023. The property includes a refrigerator, washer, and dryer. Additional storage is available in a pantry closet and under the stairs. A storage closet next to the back patio houses the gas water heater. The living area features a marble fireplace with natural gas logs. The HOA provides a termite warranty. Google and AT&T Fiber serve the area; service availability should be confirmed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Durham
    County
    Durham
    State
    North Carolina
    Longitude
    -78.9313788
    Latitude
    35.9442839

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    FAQs

    What type of property is this?
    Single family property - Townhome in Hope Valley with updated interior and wooded views.
    Where is this single family property located?
    The property is located at 358 Red Elm Dr Durham, NC.
    What is the asking price?
    The asking price for this property is $280,000.
    What are key features of this property?
    This property features: - Backs up to a wooded area for privacy.; - Recently painted interior with updated stainless steel appliances.; - **Hardwood floors downstairs and upstairs (installed/redone in 2020).**
    Request Owner's contact information
    358 Red Elm Dr Durham, NC 27713
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    Durham, NC 27713
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    358 Red Elm Dr Durham, NC 27713
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