tomo logo

$599,000

Beds
3
Baths
2.5
sq ft
2,323

1024 North Elizabeth Street, Durham, NC 27701

1024 North Elizabeth Street

Durham, NC 27701

  • 69 days on market
    • Price drop $26,000↓
This 1945 home, set high off the street, is the perfect blend of old and new. Large rooms with 12 foot ceilings fill with natural light from all sides. Updated kitchen with custom wood cabinets and granite countertops, classic hardwood floors throughout, vinyl siding and windows for easy maintenance and upkeep. This amazing house is move in ready and waiting for someone to make it their own! A couple houses down from Rock Creek Park, just around the corner from restaurants and breweries at Old Five Points, and a only about a mile from all that downtown Durham has to offer. 2 miles to Duke east campus and less than 10 minutes to Duke Hospital

Details

Property type

Single Family Residence

Est. home value

$720,460

Lot size

6,534 sq ft

Price per sq ft

$258

Year built

1945

Annual property taxes

$5,039

Price History

06/26/2024
TriangleMLS

TriangleMLS #10025699

Price change
$599,000
-4.16%
05/30/2024
TriangleMLS

TriangleMLS #10025699

Price change
$625,000
-1.11%
05/17/2024
TriangleMLS

TriangleMLS #10025699

Price change
$632,000
-2.62%

Schools & Community

Neighborhood: 

Old North Durham

Elementary school: 

Durham - Eastway

Middle school: 

Durham - Lucas

High school: 

Durham - Northern

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

$447,481
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$103,599
Cash to seller
$447,481

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

June 2016

Original loan amount

$199,000

Est. remaining balance

$103,599

Interest rate

2.89%

Loan type

New Conventional, 15 year

Seller

Helen Smith Covington

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: 07/05/2024 at 12:10 AM

Listing updated: 06/26/2024 at 12:13 PM

Listed by: Rane Gretsch, Sound Mind Realty Phone #: (919) 439-2387

MLS: TriangleMLS #10025699

TriangleMLS logo

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