tomo logo

$189,000

Beds
2
Baths
1.0
sq ft
932

1027 Rosedale Avenue, Durham, NC 27707

1027 Rosedale Avenue

Durham, NC 27707

  • 38 days on market
    • Price drop $10,000↓
Amazing investment opportunity! Large number of renovations and new construction happening in the neighborhood. Great potential to completely renovate, build a new single-family home, or possibly a duplex with ADU (architect's drawing available). Terrific location only a few blocks from Lakewood and West End restaurants and shops. Right by community parks and facilities including Lyon Park field, playground, and recreation center. Only about a mile from Duke, American Tobacco Campus, Durham Bulls, and downtown Durham.

Details

Property type

Single Family Residence

Est. home value

$214,756

Lot size

5,227.2 sq ft

Price per sq ft

$203

Year built

1925

Annual property taxes

$1,315

Price History

10/31/2024
TriangleMLS

TriangleMLS #10055452

Price change
$189,000
-5.03%
09/30/2024
TriangleMLS

TriangleMLS #10055452

Listed
$199,000
+521.88%
04/17/2014
TriangleMLS

TriangleMLS #1913107

Sold
$32,000
-15.79%

Schools & Community

Neighborhood: 

Lyon Park

Elementary school: 

Durham - Morehead

Middle school: 

Durham - Brogden

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

$160,603
Asking price
$189,000
Closing costs (~8% of asking)
-$15,120
Est. remaining loan balance
-$13,277
Cash to seller
$160,603

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

Seller’s Loan History

Lender

Branch Banking & Trust Company

Loan start date

September 2001

Original loan amount

$30,400

Est. remaining balance

$13,277

Interest rate

7%

Loan type

Not Provided, 30 year

Seller

Jason A Fiering

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?

Similar Homes Nearby

A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
TriangleMLS
$180,000
2 bd
|
1 ba
|
687 sq ft
|
House

1216 Berkeley Street, Durham, NC 27705

A home in Durham
A home in Durham
A home in Durham
Price drop
TriangleMLS
$200,000
3 bd
|
1 ba
|
1,187 sq ft
|
House

705 Colfax Street, Durham, NC 27701

Status: Active

Tomo last checked: 11/08/2024 at 6:35 AM

Listing updated: 10/31/2024 at 11:01 AM

Listed by: John Whaley, Frasher Whaley Realty Group Phone #: (919) 794-3233

MLS: TriangleMLS #10055452

TriangleMLS logo

Recently listed in Durham

$410,000|3 bd|2.0 ba|House
$395,000|3 bd|2.5 ba|House
$295,000|8 bd|2.0 ba|House
$449,990|4 bd|3.5 ba|House
$410,000|3 bd|2.5 ba|Townhouse
$674,900|3 bd|2.5 ba|House

Explore top cities in North Carolina