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$430,000

Beds
2
Baths
1.0
sq ft
1,120

1101 Virginia Avenue, Durham, NC 27705

1101 Virginia Avenue

Durham, NC 27705

  • Pending
Location convenient to Duke and downtown Durham, this adorable Watts Hospital-Hillandale cottage is move-in ready! Refinished hardwoods and new interior paint enhance the charm of this 2 BR-1 bath home. The bonus room is extra large and a super flex space for office or workout room. Roomy living area with built-in bookcases and cozy kitchen with breakfast nook. The fenced backyard is large enough to add an accessory dwelling unit for a family member or rental. All appliances convey. One car covered carport. Corner lot with your own blueberry bushes!

Details

Property type

Single Family Residence

Est. home value

$476,691

Lot size

7,405.2 sq ft

Price per sq ft

$384

Year built

1951

Annual property taxes

$3,491

Monthly HOA fee

$0.5

Price History

08/18/2024
TriangleMLS

TriangleMLS #10041617

Pending
$430,000
07/16/2024
TriangleMLS

TriangleMLS #10041617

Listed
$430,000

Schools & Community

Neighborhood: 

Watts Hospital-Hillandale

Elementary school: 

Durham - E K Powe

Middle school: 

Wayne - Brodgen

High school: 

Durham - Riverside

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

$361,723
Asking price
$430,000
Closing costs (~8% of asking)
-$34,400
Est. remaining loan balance
-$33,877
Cash to seller
$361,723

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

Seller’s Loan History

Lender

Norwest Mtg

Loan start date

May 1999

Original loan amount

$105,428

Est. remaining balance

$33,877

Interest rate

6.98%

Loan type

FHA, 30 year

Seller

Julie Sweedler

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: Pending/Under Contract

Tomo last checked: 08/25/2024 at 5:35 PM

Listing updated: 08/23/2024 at 9:43 AM

Listed by: Candy Owens, Berkshire Hathaway HomeService Phone #: (919) 929-7100

MLS: TriangleMLS #10041617

TriangleMLS logo

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