314 Wake Place Durham, NC 27701
Central Park NeighborhoodEstimated payment $2,519/month
Highlights
- No HOA
- Covered Patio or Porch
- Bungalow
- George Watts Elementary Rated A-
- Fenced Yard
- 1-Story Property
About This Home
**INVESTOR ALERT in the Heart of Durham!** This charming 3-bedroom, 1-bath bungalow offers endless possibilities for investors and homeowners alike. Currently tenant-occupied at $1,850/month, the property is being successfully operated as a full-time Airbnb with a long, proven history of strong rental performance and consistent income. Keep the current tenant in place and start generating immediate cash flow, continue its use as a short-term or long-term rental, or make it your own personal residence. The fenced backyard provides plenty of space for pets, entertaining, gardening, or simply relaxing outdoors. Ideally situated in a vibrant Durham location, you'll enjoy being within walking distance of popular restaurants, local breweries, and neighborhood parks. Plus, you're just a 4-minute drive from the Durham Performing Arts Center (DPAC) and Durham Bulls Athletic Park. Whether you're looking to expand your investment portfolio or find a home in a highly desirable location, this property offers flexibility, income potential, and exceptional convenience. The possibilities are endless!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,342
Year Built
- Built in 1920
Lot Details
- 4,792 Sq Ft Lot
- Fenced Yard
- Property is zoned R-3
Home Design
- Bungalow
- Shingle Roof
Interior Spaces
- 1,281 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Luxury Vinyl Tile Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Covered Patio or Porch
- Rain Gutters
Schools
- Durham County Schools Elementary And Middle School
- Durham County Schools High School
Utilities
- Central Air
- No Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 110845
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,342 | $337,126 | $194,250 | $142,876 |
| 2024 | $2,804 | $201,017 | $77,910 | $123,107 |
| 2023 | $2,633 | $201,017 | $77,910 | $123,107 |
| 2022 | $2,573 | $201,017 | $77,910 | $123,107 |
| 2021 | $2,561 | $201,017 | $77,910 | $123,107 |
| 2020 | $2,500 | $201,017 | $77,910 | $123,107 |
| 2019 | $2,500 | $201,017 | $77,910 | $123,107 |
| 2018 | $2,235 | $164,797 | $36,172 | $128,625 |
| 2017 | $2,219 | $164,797 | $36,172 | $128,625 |
| 2016 | $2,144 | $164,797 | $36,172 | $128,625 |
| 2015 | $758 | $54,729 | $14,467 | $40,262 |
| 2014 | $758 | $54,729 | $14,467 | $40,262 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/18/2026 06/18/26 | For Sale | $415,000 | +50.9% | $324 / Sq Ft | |
| 12/14/2023 12/14/23 | Off Market | $275,000 | -- | -- | |
| 05/31/2023 05/31/23 | Sold | $275,000 | -5.1% | $215 / Sq Ft | View Prior Sale |
| 03/30/2023 03/30/23 | Pending | -- | -- | -- | |
| 03/01/2023 03/01/23 | For Sale | $289,900 | 0.0% | $226 / Sq Ft | |
| 02/21/2023 02/21/23 | Pending | -- | -- | -- | |
| 02/01/2023 02/01/23 | Price Changed | $289,900 | -3.3% | $226 / Sq Ft | |
| 12/13/2022 12/13/22 | Price Changed | $299,900 | -6.3% | $234 / Sq Ft | |
| 12/08/2022 12/08/22 | Price Changed | $319,900 | -11.1% | $250 / Sq Ft | |
| 11/28/2022 11/28/22 | Price Changed | $359,900 | -2.7% | $281 / Sq Ft | |
| 11/17/2022 11/17/22 | Price Changed | $369,900 | -7.5% | $289 / Sq Ft | |
| 09/28/2022 09/28/22 | For Sale | $399,900 | -- | $312 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $275,000 | Beacon Title | |
| Special Warranty Deed | $7,000 | None Available | |
| Trustee Deed | $14,000 | None Available | |
| Quit Claim Deed | $32,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $192,500 | New Conventional | |
| Previous Owner | $37,000 | Construction |
Source: Doorify MLS
MLS Number: 10174850
APN: 110845
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Some IDX listings have been excluded from this IDX display. 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. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.
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