Last Sold Price
16,335 Lot Size0.38 Acres
5509 Pelham Rd, Durham, NC 27713

Description

WATERFRONT, WATERFRONT, WATERFRONT - there's no other lot like this one on the lake! The house is gone and site prepped to work from your own 'blank' canvas. It's time to bring your DREAM to life! The opportunities are endless for what you can create. And the VIEW...well, you'll just have to come walk this lot to know what I mean. Let us help you achieve that dream! We've got a great team if you're interested in working with our builder too. Just 15 minutes from RDU and 5 minutes from RTP & South...WATERFRONT, WATERFRONT, WATERFRONT - there's no other lot like this one on the lake! The house is gone and site prepped to work from your own 'blank' canvas. It's time to bring your DREAM to life! The opportunities are endless for what you can create. And the VIEW...well, you'll just have to come walk this lot to know what I mean. Let us help you achieve that dream! We've got a great team if you're interested in working with our builder too. Just 15 minutes from RDU and 5 minutes from RTP & South Point.
LISTING CLOSED: 03/29/2019 12:00 AM

  1. Listed by Brad G Phelps • Fonville Morisey/Stonehenge Sales Office

Property Details for 5509 Pelham Road

Status
MLS #
2235158
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Unimproved Land
Year Built
-
Lot Size
0.38 AC
View
Water
View
Yes
Waterfront Features
Lake, Contour Ownership, Waterfront, Water View
Waterfront
Yes
Subdivision
Parkwood
Waterfront Type
Lake, Contour Ownership, Waterfront, Water View

Recent comparable sales

Median sold price

$150,000

Avg days on market

91

Sale-to-list ratio

98.3%

Durham, NC

9 comparable properties found

an aerial view of residential houses with outdoor space
1/17
1

$181,000

Sold 12/18/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.48
Acres
2

$200,000

Sold 05/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.58
Acres
$125,000 | 8401 Herndon Road, Durham, NC 27713
1/3
3

$125,000

Sold 09/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.49
Acres
$875,000 | 502 Royal Sunset Drive, Durham, NC 27713
1/16
4

$875,000

Sold 09/19/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
9.6
Acres
a view of a green field with trees in the background
1/15
5

$217,500

Sold 11/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.48
Acres
$75,000 | 626 Highway 54, Durham, NC 27713
1/6
6

$75,000

Sold 06/06/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.01
Acres
a view of patio with a yard
1/5
7

$136,000

Sold 10/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
a view of outdoor space
1/13
8

$150,000

Sold 10/24/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.62
Acres
$150,000 | 3421 South Alston Avenue, Durham, NC 27713
1/15
9

$150,000

Sold 07/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1
Acres

Location

Listing Courtesy of Fonville Morisey/Stonehenge Sales Office

Sold By Terra Nova Global Properties

Add your commute

Building Information for 5509 Pelham Road

Lot Size0.38 AC

Payment Calculator

$1,039 per month

30 year fixed, 6.55% Interest

Principal and Interest

$902

Property Taxes

$137

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5509 Pelham Road

Summary
Location and General Information
  • Topography: Level
  • Water Body Name: Parkwood Lake
  • Directions: I-40 to exit 55 East, RT on Sedwick Road, RT on Pelham Road into Parkwood subdivision, Lot 629 will be on the right overlooking the lake. House has been removed - lot is vacant.
  • Subdivision Name: Parkwood
  • Latitude: 35.885544
  • Longitude: -78.914111
  • Road Frontage Type: Has Frontage
  • Road Surface Type: Paved
  • Waterfront Description: Lake, Contour Ownership, Waterfront, Water View
Taxes and HOA Information
  • Association: Yes
  • Tax Lot: 629
School Information
  • Elementary School: Durham - Parkwood
  • Middle Or Junior School: Durham - Lowes Grove
  • High School: Durham - Hillside
Property
Lot Information
  • Lot Features: Open Lot
  • Lot Size Dimensions: See plat
  • Farm Land Area Units: Square Feet
Property and Assessments
  • Photos Count: 7
  • Below Grade Finished Area Units: Square Feet
  • Community Features: Recreation Facilities
  • Current Use: Vacant
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Water Source: City On Site
  • Water_Sewer: City On Site, Public Sewer, Cable Available, Electricity Available, Natural Gas Available, Phone Available
Interior and Exterior Features
Interior Features
  • Interior: Cable Available, Electricity Available, Natural Gas Available, Phone Available
Agent
Sale and Listing
  • Property Class Name: Land

Property History for 5509 Pelham Road

DateEvent & SourcePriceAppreciation
Mar 29, 2019

Sold (Public Record)

Public Record #641803899

$177,500

+1.9% / yr

Mar 29, 2019

Sold

TRIANGLEMLS #2235158

$177,500
Mar 29, 2019

Sold

AMLS #2235158

$177,500
DateEvent & SourcePrice
03/29/2019

Sold (Public Record)

Public Record #641803899

$177,500

+1.9% / yr

03/29/2019

Sold

TRIANGLEMLS #2235158

$177,500
03/29/2019

Sold

AMLS #2235158

$177,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5509 Pelham Road

Taxable ValueLand$165,600Additions-Total$165,600
Tax Record2025$1,642 ($137 / month)
Home Facts
Beds3Total Finished SqFt1,950 SqFtAbove Grade Finished SqFt1,950 SqFtStories1Lot Size16,553 SqFtStyleResidentialYear Built1971ZoningRS-10CountyDURHAMAPN153662Fireplace TypeHas Fireplace

Schools near 5509 Pelham Road

This home is within Durham Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 13
Rating
School
Distance
Parkwood Elementary
PublicPK to 5

Lowe's Grove Middle
Public6 to 8

Hillside High
Public9 to 12

Durham School of Technology
Public9 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5509 Pelham Road, Durham, NC 27713
$177,500
16,335
3
2
1,725
14,810
4
2
1,745
16,553
$88,000
3
2,112
14,810
3
2
1,650
12,197
3
2
1,214
17,424

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Fonville Morisey/Stonehenge Sales Office

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.