5247 Wake Forest Rd Durham, NC 27703
Eastern Durham NeighborhoodEstimated Value: $377,000 - $575,000
3
Beds
1
Bath
2,379
Sq Ft
$196/Sq Ft
Est. Value
About This Home
This home is located at 5247 Wake Forest Rd, Durham, NC 27703 and is currently estimated at $465,405, approximately $195 per square foot. 5247 Wake Forest Rd is a home located in Durham County with nearby schools including Glenn Elementary, John W Neal Middle School, and Southern School of Energy & Sustainability.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 22, 2025
Sold by
Teachey Peggy Joann M
Bought by
Redeeming Development Group Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$970,000
Outstanding Balance
$891,445
Interest Rate
6.22%
Mortgage Type
Construction
Estimated Equity
-$426,040
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Redeeming Development Group Llc | $400,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Redeeming Development Group Llc | $970,000 |
Source: Public Records
Tax History
| 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 | $2,387 | $316,170 | $145,000 | $171,170 |
| 2024 | $1,957 | $175,236 | $48,227 | $127,009 |
| 2023 | $1,870 | $175,236 | $48,227 | $127,009 |
| 2022 | $1,798 | $175,236 | $48,227 | $127,009 |
| 2021 | $1,537 | $175,236 | $48,227 | $127,009 |
| 2020 | $1,502 | $175,236 | $48,227 | $127,009 |
| 2019 | $1,484 | $175,236 | $48,227 | $127,009 |
| 2018 | $1,241 | $134,423 | $44,980 | $89,443 |
| 2017 | $1,200 | $134,423 | $44,980 | $89,443 |
| 2016 | $1,163 | $134,423 | $44,980 | $89,443 |
| 2015 | $1,387 | $135,236 | $36,037 | $99,199 |
| 2014 | $1,394 | $135,236 | $36,037 | $99,199 |
Source: Public Records
Map
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