tomo logo

$305,000

Beds
2
Baths
1.0
sq ft
999

1006 Linwood Avenue, Durham, NC 27701

1006 Linwood Avenue

Durham, NC 27701

  • 90 days on market
    • Price drop $3,000↓
Updated all brick ranch in excellent Durham location. Walk (0.5 miles) to NCCU, 1.4 miles to DPAC, Durham Bulls, Tobacco District beauty and dining. Incredible opportunity to have a completely updated home near all the fun. In 2022, this home added new windows, new interior and exterior doors, new HVAC, new roof, new stainless steel appliances, all new LVP flooring, new granite countertops, new gas range, new amazing bathroom. Now in 2024, the next owner also gets to enjoy a new refrigerator, new washer and dryer, fully fenced backyard with gate (can park behind the home or add hardscape for outdoor entertaining!), and recently encapsulated crawlspace done by Pure Air NC, new Ring doorbell and camera. The open floor plan is inviting and makes a charming home. Photos are virtually staged. Fireplace is closed off, not in use. Enjoy your new home that although built in the 50's, is truly like new!!!

Details

Property type

Single Family Residence

Est. home value

$248,477

Lot size

5,227.2 sq ft

Price per sq ft

$306

Year built

1955

Annual property taxes

$878.17

Price History

12/19/2024
TriangleMLS

TriangleMLS #10054635

Price change
$305,000
-0.97%
11/13/2024
TriangleMLS

TriangleMLS #10054635

Price change
$308,000
-0.32%
09/25/2024
TriangleMLS

TriangleMLS #10054635

Listed
$309,000
+23.6%

Schools & Community

Elementary school: 

Durham - Fayetteville

Middle school: 

Durham - Githens

High school: 

Durham - Jordan

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$49,801
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$230,799
Cash to seller
$49,801

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

February 2022

Original loan amount

$245,471

Est. remaining balance

$230,799

Interest rate

3.11%

Loan type

FHA, 30 year

Seller

Puneet K Virk

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/25/2024 at 12:05 AM

Listing updated: 12/19/2024 at 8:40 AM

Listed by: Jenne Kendziora, Compass -- Raleigh Phone #: (919) 726-6548

MLS: TriangleMLS #10054635

TriangleMLS logo

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