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3525 Hope Valley Rd, Durham, NC, 27707

3beds
2baths
2,635sqft
$529,900
$201price/sqft
$3,552/moest. monthly cost
$142,080/yrincome needed

About This Home

Location, character, and flexibility all come together in this charming all-brick ranch in the highly desirable Hope Valley area. Situated on a spacious 0.56-acre lot with no HOA, this home offers beautiful hardwood floors, updated lighting, and a warm, inviting layout filled with natural light. The main level features 2 bedrooms, a full bath, and a bright kitchen with granite countertops, stainless steel appliances, & bamboo flooring. The large sunroom provides the perfect bonus space for relaxing, entertaining, or working from home. Two gas fireplaces, one on each level, add warmth and character. The walk-out lower level offers a private suite with separate entrance, including a bedroom, full bath, living area, kitchenette, and one-car garage with workshop space. Previously used as a successful Airbnb, this space offers excellent potential for rental income, multigenerational living, guest suite, or a private home office setup. A rare opportunity to own a versatile home with income potential in one of Durham's most established and sought-after neighborhoods. Enjoy an active Durham lifestyle with convenient access to Third Fork Creek Trail, the American Tobacco Trail, and Duke Forest, plus easy access to Duke University, Duke Hospital, and downtown Durham entertainment including the Durham Bulls Athletic Park.

Getting Around

6
WalkingCar-Dependent
0
TransitNo Nearby Transit
30
BikeSomewhat Bikeable

Schools

5/10
Hope Valley ElementaryGrades K-51.1 mi
8/10
Sherwood Githens MiddleGrades 6-81.2 mi
4/10

Construction

Condition

  • Year built: 1956

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Shingle
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Range

Basement

  • Has basement: Yes
  • Basement: Finished, Workshop

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Hardwood,Tile
  • Finished area below ground: 898
  • Finished area above ground: 1,737

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 2,635
  • Total interior livable area: 2,635 sqft

Property

Details

  • Parcel number: 0810815248
  • Zoning: R-10
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Has view: Yes

Parking

  • Total spaces: 1
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Heat Wave
Inland Flooding
Lightning
Strong Wind
Tornado
Winter Weather

FEMA Declared Disasters in Durham County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,679$32,148
Home Insurance *$199$2,388
Property Taxes $429$5,148
Electricity $245$2,945
Total$3,552$42,624
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$121,782/yr
40% on housing$106,560/yr
45% on housing$94,720/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$201This listing

vs Other Active Listings

Avg $/sqft

ZIP 27707$217
Durham County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 27707$262
Durham County$231

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-20Price change$550,000
2026-04-03Listed for sale$575,000
2021-02-26Listing removed--
2020-12-31Sold$353,000
2020-12-01Pending sale$349,000
2020-11-25Price change$349,000
2020-06-17Listed for sale$389,000
2005-10-03Sold$180,000

For Sale by Agent

AgentHayley Walston, RE/MAX United
BrokerageRE/MAX United

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