Parkwood, located between Research Triangle Park and Southpoint, is a mid-century and wooded Durham neighborhood with curving streets and a community pool. The neighborhood’s character concentrates around Parkwood United Methodist Church and the Parkwood Volunteer Fire Department, where a low-key civic hub meets tall pines and sidewalks. Brick ranches and split-levels sit on generous lots, with a street pattern that favors walks and bike loops over through-traffic. Parkwood Lake Park adds a small, reflective green edge for picnics and dog walks. Nearby, Boxyard RTP, The Glass Jug Beer Lab (RTP), and Carolina Theatre of Durham serve as cultural touchpoints for food, drinks, and live programming.
Provided by Walk Score and Local Logic
Market insights
5504 Pelham Rd · $500,000
DAYS ON MARKET
392 days
The average home goes pending in 28 days.
SALE-TO-LIST
98.2%
Most homes are selling 2% below list price.
LIST PRICE
$500,000
Median list price in this area is $445,207. (11% lower than this home)
PRICE DROP
0 price drops
30% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Brick and vinyl flooring
Bedrooms
3 bedrooms
Bathrooms
2 full bathrooms
Flooring
Brick
Vinyl
Heating & cooling
Forced air heating
Central air conditioning
Exterior features
Shingle roof
Publicly maintained road access
Home design
One-story house
Parking
Attached garage with 1 garage space
Construction
Brick veneer and vinyl siding construction
Built as a house
Utilities
Public water
Public sewer
HOA & community
Parkwood Association with an annual fee of $250
Other
Property is in Durham County
Electricity and solar
View estimated energy costs and solar savings for this home
HUD Owned-Case #381-637442 BID ACCEPTED AWAITING SIGNATURES Listed "UI" Subject to Appraisal, Seller makes no representations or warranties as to the property condition, HUD Homes are sold AS IS, Pre-1978 Properties to include LBP Notices, Equal Opportunity Housing , Seller may contribute up to 3% for buyer's closing costs upon buyer request. 3 bed/2 bath ranch is in great location, but needs lots of love inside and out. Please use Caution when showing! The roof has leaked causing Mold in the kitchen area!
Public Records
Nov 30, 2001
Sold
$155,000
$81/sq ft
TMLS #605787
Nov 6, 2001
Listing Removed
—
Aug 2, 2001
Listed
$154,997
$81/sq ft
TMLS #601864
Nov 29, 2001
Sold
$154,997
$81/sq ft
Nov 29, 2001
Sold
$154,997
$81/sq ft
Jul 2, 2001
Listed
$154,997
$81/sq ft
Jul 2, 2001
Listed
$154,997
$81/sq ft
WONDERFULLY REMODELED RANCH HAS BEAUTIFUL CHERRY CABINETS AND BUILT-INS, TOP GRADE CARPETING, & GREAT DECOR. MASTER SUITE INCLUDES OFFICE & WIC. BACK YARD IS LANDSCAPED AND PERFECT FOR ENTERTAINING OR JUST RELAXING. 2-CAR GARAGE WITH OPENER PROVIDES THE CONVENIENCE AND SAFETY OF ENTERING YOUR KITCHEN STRAIGHT FROM THE GARAGE.
Year
Property tax
Land + Additions
Assessment*
2025
$3,332 (+15.2%)
$133,000 + $203,078
$336,078
2023
$2,892 (+2.3%)
$39,840 + $180,947
$220,787
2022
$2,826 (+0.5%)
$39,840 + $180,947
$220,787
2021
$2,813 (+2.4%)
$39,840 + $180,947
$220,787
2020
$2,746
$39,840 + $180,947
$220,787
2019
$2,746 (+6.9%)
$39,840 + $180,947
$220,787
2018
$2,570 (+0.7%)
$29,880 + $159,555
$189,435
2017
$2,551 (+3.5%)
$29,880 + $159,555
$189,435
2016
$2,464 (+2.9%)
$29,880 + $159,555
$189,435
2014
$2,395 (+3.1%)
$29,892 + $143,150
$173,042
2013
$2,322 (+2.3%)
$29,892 + $143,150
$173,042
2012
$2,270 (+0.7%)
$29,892 + $143,150
$173,042
2011
$2,255
$29,892 + $143,150
$173,042
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.33 Acres
Year renovated
—
Finished Sq. Ft.
1,917
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,917
Year built
1971
Style
Single Family Residential
County
Durham County
APN
153752
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 17, 2026.
RS-10
F/J-B
Residential Suburban Districts
The RS Districts are established to provide for orderly suburban residential development and redevelopment. A limited number of nonresidential uses are allowed, subject to the restrictions necessary to preserve the character of the suburban neighborhood. Multifamily development is permitted in areas designated RS-M, which should have convenient access to arterial streets and nearby civic, commercial or employment uses.
Zone overlays
Watershed Protection Overlay - Falls/Jordan District B
Permitted uses
Include but are not limited to:
Agriculture
Community / recreation center
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 16 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Durham, NC • 27713
Average low and high temperatures (°F)
49
29
55
35
70
45
78
54
80
59
90
69
91
74
85
68
81
64
72
51
66
44
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5504 Pelham Rd
$482,123
$18K under list price of $500K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $395K to $548K.