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Welcome to 332 Red Elm Drive, a light-filled 2-bedroom, 2.5-bath townhome in Hope Valley Farms. The main level features LVP flooring, crown molding, an open living and dining area, and a cozy gas log fireplace. The kitchen offers stainless steel appliances and a breakfast bar. Upstairs, both bedrooms have private full baths, plus conveniently located laundry. The seller is offering a $5,000 flooring allowance so the new owner can select upstairs carpet to suit their style. Enjoy a lovely patio with an awning, perfect for morning coffee or relaxing. Murray-Massenburg Elementary is within walking distance, with the American Tobacco Trail nearby. Convenient to I-40, NC-147, US 15-501, Duke, UNC, RTP, downtown Durham, shopping, and dining. A newer roof, replaced by the HOA, completes the package.

Highlights

  • Residential
  • Townhouse
  • Built in 2006
  • 0.03 Acre Lot
  • $185/mo HOA
  • 14 days on Market

  • Bedrooms
    2
  • Bathrooms
    2 full · 1 half
  • Year Built
    2006
  • Architectural Style
    Transitional
  • Construction Materials
    Vinyl Siding, Shake Siding, Lap Siding
  • Foundation
    Slab
  • Parking Features
    Asphalt, Parking Lot
  • Living Area
    1138.0
  • Interior Features
    Ceiling Fan(s), Walk-In Closet(s), Vaulted Ceiling(s), Laminate Counters, Crown Molding
  • Appliances
    Dishwasher, Electric Range, Microwave, Refrigerator, Disposal, Water Heater
  • Flooring
    Laminate, Tile, Carpet
  • Patio And Porch
    Patio, Front Porch
  • Cooling
    Central Air, Electric
  • Heating
    Forced Air, Central

  • Acres
    0.03
  • Water
    Public

  • County
    Durham
  • City
    Durham
  • Neighborhood
    Hope Valley Farms
  • Zip Code
    27713
  • High School
    Durham - Charles E Jordan Sr High School
  • Middle School
    Durham - Sherwood Githens Middle
  • Elementary School
    Durham - Murray Massenburg Elementary

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Frequently Asked Questions

How do I schedule a tour of 332 Red Elm Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 332 Red Elm Dr.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 332 Red Elm Dr?

Click Ask a Question to talk with our team. You already know it is a 2 bed, 2 bath, listed for $264,900. We can talk through recent upgrades, potential seller motivation, how this townhouse compares to others in Durham, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 332 Red Elm Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 332 Red Elm Dr at around $1,748. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 332 Red Elm Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Durham County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 332 Red Elm Dr?

In most cases, yes. Whether 332 Red Elm Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Durham's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 332 Red Elm Dr?

We can handle that for you. Our preferred local agent specializes in residentials in Durham and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $264,900 with 1,138 sqft of space—that comes out to approximately $233 per square foot.

How long has this property been on the market?

332 Red Elm Dr was listed on October 31, 2026, which means it's been on the market for 14 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 2006, making it approximately 20 years old.

What is the lot size of this property?

332 Red Elm Dr sits on a 0.03-acre lot, which is 1,307 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Durham - Murray Massenburg Elementary
  • Middle: Durham - Sherwood Githens Middle
  • High: Durham - Charles E Jordan Sr High School

Want to see how these schools compare? Check out our Durham County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 332 Red Elm Dr?

The most recent public record shows annual property taxes for 332 Red Elm Dr were approximately $2,885. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $185 paid monthly.

This covers access to community features including: Trash, Management, Parking, Maintenance Grounds, Maintenance Structure, Landscaping.

Is 332 Red Elm Dr still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, Triangle MLS. All rights reserved.

Last Updated: November 14, 2026 at 08:46AM | Source: Triangle MLS | MLS#: 10201143