314 Red Elm Dr, Durham, NC 27713
Property image
Property image
OFF MARKET

$252,700

Trulia Estimate
  • 2 Beds
  • 2.5 Baths
  • 1,131 sqft

314 Red Elm Dr, Durham, NC 27713

Hope Valley Farms
Est. Refi. Payment $1,531/mo*
Refinance Your Home
Currently Off Market - Sold Jan 12, 2016 for $136,500

Home Value

Trulia Estimate
$253K
Since last month
Decreased$6K (-2.3%)
Since last year
Decreased$17K (-6.4%)
Since last sale
Increased$117K (+85.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +77% in the last 10 years
MonthEstimated value
2026
August 2026$253K
August 2026$253K
July 2026$259K
June 2026$260K
May 2026$263K
April 2026$267K
March 2026$264K
February 2026$262K
January 2026$257K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.52
Condo
$272,000
09/12/25
2
2
1,040
1.26
Condo
$185,000
06/15/26
2
2
1,637
1.32
Condo
$175,000
03/12/26
2
2
881
1.32
Condo
$175,000
03/12/26
2
2
819
1.33
Condo
$178,000
04/09/26
2
2
821
1.33
Condo
$178,000
04/09/26
2
2
818
1.36
Condo
$188,000
02/26/26
2
2
808
1.26
Condo
$166,000
05/20/26
1
1
750
1.26
Condo
$160,000
05/05/26
1
1
657
1.26
Condo
$166,000
05/20/26
1
1
677

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.05
$316,000
3
2.5
1,352
Recently Sold
0.05
$321,500
3
2.5
1,450
Off Market
0.06
$295,400
3
2.5
1,331
Off Market
0.02
$320,100
3
2.5
1,290
Off Market
0.07
$298,100
3
2.5
1,296
Off Market
0.08
$302,700
2
2.5
1,146
Off Market
0.07
$315,200
3
2.5
1,447
Off Market
0.08
$310,900
3
2.5
1,333
Off Market
0.06
$202,000
2
2.5
1,136
Recently Sold
0.09
$330,000
3
2.5
1,357
Recently Sold
0.04
$325,000
2
3.5
1,905
For Sale
0.09
$289,100
2
2.5
1,106
Off Market

Local Information

  • Map ViewExplore the area around 314 Red Elm Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Condo
Built in 2006
1,131 sqft
$223/sqft

About this House

FRESH PAINT AND NEW CARPETING! Lovely move-in ready townhome with open floor plan will be ideal for entertaining. Hardwood floors are found on the main floor of this home. The well-appointed kitchen opens to the dining and family room. Family room has a fireplace with gas logs and built-in TV niche. The master suite has a vaulted ceiling, private bath with garden tub and walk-in closet. This home is conveniently located near I-40, shopping, entertainment, restaurants and more.
314 Red Elm Dr, Durham, NC 27713 is a 2 bedroom, 3 bathroom, 1,131 sqft condo in Hope Valley Farms, built in 2006. It last sold for $136,500 on Jan 12, 2016. More recently, it was listed as a rental in September 2013 with an asking price of $980 per month. That rental listing was removed on October 11, 2013. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $252,700, with a rent estimate of $1,645/month.

Home Details for 314 Red Elm Dr

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Hardwood
Interior Details
Attic
Appliances & Utilities
DryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 2006
Property Type / Style
Property Type: CondoArchitecture: townhouse

Community

Units in Building: 1

Lot Information

Lot Area: 1089 sqft

Price and Tax history

DateEventPrice
Jan 12, 2016
Source: N/A
Sold
$136,500
Dec 31, 2015
Source: Agent Provided
Pending
$136,900
Oct 22, 2015
Source: Agent Provided
Listed For Sale
$136,900
Oct 11, 2013
Source: Agent Provided
ListingRemoved
$980
Sep 16, 2013
Source: Agent Provided
Listed For Rent
$980

Market trends in Durham

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$413K
$12.83K
MoM
Sale-to-List Price
99.2%
0.2%
MoM
Price per sq ft
$233
$3
MoM
Available listings
1163
43
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Hope Valley Farms

At least 43 Trulia users voted on each feature.
  • 98 % Say parking is easy

  • 93 % Say it's dog friendly

  • 88 % Say there are sidewalks

  • 81 % Say car is needed

  • 71 % Say there's holiday spirit

  • 69 % Say streets are well-lit

  • 69 % Say kids play outside

  • 68 % Say yards are well-kept

  • 63 % Say it's quiet

  • 63 % Say people would walk alone at night

  • 60 % Say there's wildlife

  • 55 % Say neighbors are friendly

  • 44 % Say it's walkable to grocery stores

  • 43 % Say it's walkable to restaurants

  • 39 % Say they plan to stay for at least 5 years

  • 22 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Fredson Ribeiro
    "Amazing place to live. Iโ€™m very happy here. My kids play on the street with neighbors. Very calm and safe. "
  • Fredson Ribeiro
    "Infrastructure and people that live in the neighborhood. Itโ€™s a pleasure to live here and I hope to stay here for long time. "
  • Trulia User
    "new elementary school under construction (opening Fall 2024, maybe?) is a walkable distance on mostly side streets w sidewalks"
  • Trulia User
    "New elementary school coming soon! Nice area with good neighbors. Being in the middle if the triangle area gives great access to many activities and areas."
  • Trulia User
    "This is a great family oriented area. Near plenty of walking trails and also a real sense of community. Lots of outdoor activities."
  • Trulia User
    "The HOA dues are inexpensive. They have. Great Halloween social except last year. People are friendly. "
  • Trulia User
    "There are great walking trails for your dogs. Lots of fenced in properties too. Walking trails are equipped with doggie bags and trash cans too!"
  • Trulia User
    "It will be great to have a large dog park. A community center, ice cream shops, skate parks, playgrounds and and parks."
  • April S. B.
    "My neighborhood is close to all of the major highways so commuting is fairly easy. I would say 15-20 minutes to Raleigh and Chapel Hill. "
  • Katy
    "There are lots of trees and sidewalks, and itโ€™s close to the Tobacco Trail. Whatโ€™s cool is that there are always people walking around with their kids and dogs! Believe it or not, there is a lot of wildlife for an urban environment. There are deer, Fox, rabbits, squirrels and many species of birds. In fact, if you are a back yard bird watcher, this is a good place to be. "

LGBTQ Local Legal Protections

Frequently asked questions about 314 Red Elm Dr

  • What is 314 Red Elm Dr estimated to be worth?
    Trulia's estimated value for 314 Red Elm Dr in Durham, NC is $252,700.
  • What is the price history for 314 Red Elm Dr?
    314 Red Elm Dr in Durham, NC last sold for $136,500 in January 2016.
  • Is Durham a buyer's or seller's market?
    Durham is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Durham?
    The median sale price in Durham is $413K. That is up $12.83K from the prior month.
  • Does 314 Red Elm Dr have laundry facilities?
    Yes, 314 Red Elm Dr in Durham, NC has in-unit laundry.

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