tomo logo

$849,000

Beds
5
Baths
4.0
sq ft
3,079

111 Hilton Avenue, Durham, NC 27707

111 Hilton Avenue

Durham, NC 27707

  • 73 days on market
    • Price drop $32,000↓
111 Hilton Ave. is a sprawling mid-century ranch that is centrally located, offering easy access to all of Durham. Built by an engineer in 1950, it has an East Wing-West Wing layout with two garages and two driveways, one on each side. Flexible and flowing, its five entrances and ample street parking make it ideal for a multi-generational home, a home-based business, or an investment property. Nestled between the walkable Rockwood and Lakewood neighborhoods, enjoy a 5-minute walk to Durham favorites like Nana's, Q-Shack, and the Boot Room or a 5-minute bike ride to Gugelhupf for brunch. DPAC and downtown are a 5-minute drive away, and you can be anywhere on the Duke University campus, including the Medical Center, in less than 10 minutes. Along with the exceptional convenience, its hillside, singular location on the block offers exceptional privacy, making it uniquely suited for a music studio or social gatherings. Inside, this 'Architects Special' features three ensuite bathrooms, original oak hardwood floors, two fireplaces and a large, unfinished basement offering endless possibilities for the design-oriented. Outside find an enclosed courtyard perfect for a jungle gym, a Zen Garden, or backyard fun with the pups!

Details

Property type

Single Family Residence

Est. home value

$828,998

Lot size

0.24 acres

Price per sq ft

$276

Year built

1950

Annual property taxes

$4,932.7

Price History

09/30/2024
TriangleMLS

TriangleMLS #10051729

Price change
$849,000
-3.63%
09/10/2024
TriangleMLS

TriangleMLS #10051729

Listed
$881,000
+31.49%
05/11/2021
TriangleMLS

TriangleMLS #2377856

Sold
$670,000
+91.43%

Schools & Community

Neighborhood: 

Long Meadow

Elementary school: 

Durham - Lakewood

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

$285,198
Asking price
$849,000
Closing costs (~8% of asking)
-$67,920
Est. remaining loan balance
-$495,882
Cash to seller
$285,198

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

May 2021

Original loan amount

$536,000

Est. remaining balance

$495,882

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Amanda Hargrove and Judith A Leggio

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: 11/23/2024 at 7:00 AM

Listing updated: 10/20/2024 at 1:31 PM

Listed by: Sheri Hagerty, Hodge & Kittrell Sotheby's Int Phone #: (919) 876-7411

MLS: TriangleMLS #10051729

TriangleMLS logo

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