tomo logo

$1,195,000

Beds
4
Baths
3.5
sq ft
3,138

1031 South Duke Street, Durham, NC 27707

1031 South Duke Street

Durham, NC 27707

  • 53 days on market
Experience city living at its best in this Brownstone single family home that is walking distance to downtown Durham and across the street from Orchard Park. This home has the best of both worlds with the privacy of a single family home and the urban feel of a townhome community, without any shared walls or an HOA. This is the perfect opportunity for the discerning buyer who wants the low maintenance city lifestyle in a home with high-end finishes all in one unbeatable downtown Durham location. Each of the four levels, all connected by private elevator, are tastefully designed for a functional floor plan with impressive finishes. Notable features include hardwood flooring in all living areas and bedrooms, a luxury kitchen with a large quartzite island and luxury brand appliances, 9-foot and 10-foot ceilings, floor-to-ceiling windows, and a 791 square foot roof-top terrace with outdoor kitchen. In addition, the fourth bedroom is plumbed for a kitchenette and laundry with street access making it appropriate for a guest suite or an Airbnb opportunity. Fiber internet is currently being installed in the neighborhood. Very conveniently located for walking and biking to the adjacent city park, the Durham Bulls Stadium, the American Tobacco Trail, Forest Hills Park, and a quick commute to downtown Durham.

Details

Property type

Single Family Residence

Est. home value

$1,329,714

Lot size

2,178 sq ft

Price per sq ft

$381

Year built

2020

Annual property taxes

$13,097.16

Price History

09/12/2024
TriangleMLS

TriangleMLS #10052387

Listed
$1,195,000
-4.02%
07/29/2024
TriangleMLS

TriangleMLS #10014584

Removed
$1,245,000
05/13/2024
TriangleMLS

TriangleMLS #10014584

Price change
$1,245,000
-3.86%

Schools & Community

Neighborhood: 

Morehead Hill

Elementary school: 

Durham - Spaulding

Middle school: 

Durham - Brogden

High school: 

Durham - Jordan

Community features: 

Park

Seller’s Loan History

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

Lender

State Employees Cu

Loan start date

March 2023

Original loan amount

$357,000

Est. remaining balance

Not provided

Interest rate

6.09%

Loan type

Credit Line (Revolving)

Seller

Brian Desmond and Beth Ann Starosta Desmond

Lender

Equity Resources Inc

Loan start date

April 2021

Original loan amount

$496,250

Est. remaining balance

$456,018

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Brian Desmond and Beth Ann Starosta Desmond

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: 11/05/2024 at 8:40 AM

Listing updated: 10/19/2024 at 11:26 AM

Listed by: Emilie Barker, Hodge&KittrellSothebysIntlRlty Phone #: (919) 800-0799

MLS: TriangleMLS #10052387

TriangleMLS logo

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