tomo logo

$345,000

Beds
2
Baths
1.5
sq ft
1,228

1101 West Murray Avenue, Durham, NC 27704

1101 West Murray Avenue

Durham, NC 27704

  • 2 days on market
From the moment you arrive, the charm of this classic Durham home will begin to unfold in front of you. The picket fence encompassing the front yard frames your future gardening space just below your large covered front porch. Step inside and hardwood floors lead you through the separate living and dining rooms with built in shelving to maximize the space. The front bedroom could easily function as a spacious home office while the primary bedroom is nestled in the back of the home complete with expanded closet and attached full bath with dual vanity, tub and separate walk-in shower. The kitchen offers plenty of cabinet space, a pantry, and breakfast nook. Head out back to enjoy the privacy of a fully fenced yard and enjoy evenings around the fire pit on a professionally installed paver patio. New architectural shingle roof in 2024 and Carrier HVAC in 2022. Refrigerator, washer & dryer all convey.

Details

Property type

Single Family Residence

Est. home value

$411,618

Lot size

7,840.8 sq ft

Price per sq ft

$281

Year built

1924

Annual property taxes

$2,087.31

Price History

06/30/2024
TriangleMLS

TriangleMLS #10038716

Listed
$345,000
+23.66%
02/12/2021
TriangleMLS

TriangleMLS #2358373

Sold
$279,000

Schools & Community

Elementary school: 

Durham - Glenn

Middle school: 

Durham - Brogden

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

$72,484
Asking price
$345,000
Closing costs (~8% of asking)
-$27,600
Est. remaining loan balance
-$244,916
Cash to seller
$72,484

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

Seller’s Loan History

Lender

Corporate Investors Mortgage Group Inc

Loan start date

February 2021

Original loan amount

$265,050

Est. remaining balance

$244,916

Interest rate

2.66%

Loan type

New Conventional, 30 year

Seller

Robert Weldon and Sarah Weldon

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

Price drop
TriangleMLS
$385,000
2 bd
|
1 ba
|
1,003 sq ft
|
House

713 East Hudson Avenue, Durham, NC 27704

New
TriangleMLS
$395,000
2 bd
|
1 ba
|
960 sq ft
|
House

2408 Highland Avenue, Durham, NC 27704

TriangleMLS
$300,000
2 bd
|
2.5 ba
|
1,264 sq ft
|
House

2610 Glenbrook Drive, Durham, NC 27704

Status: Active

Tomo last checked: 07/02/2024 at 7:05 PM

Listing updated: 07/01/2024 at 1:24 PM

Listed by: John Tassa, Flex Realty Phone #: (919) 355-4376

MLS: TriangleMLS #10038716

TriangleMLS logo

Recently listed in Durham

$360,000|4 bd|3.0 ba|House
$839,000|3 bd|3.0 ba|Townhouse
$335,000|2 bd|2.5 ba|House
$1,074,900|5 bd|4.5 ba|House
$379,000|2 bd|1.0 ba|House
$364,900|3 bd|2.5 ba|Townhouse
$400,000|3 bd|2.0 ba|House