tomo logo

$399,000

Beds
3
Baths
2.0
sq ft
1,080

1111 Lancaster Street, Durham, NC 27701

1111 Lancaster Street

Durham, NC 27701

  • 4 days on market
Charming 3-bedroom, 2-bathroom home This well-maintained property features spacious living areas, a bright and airy kitchen with modern appliances, and a cozy dining area perfect for family gatherings. The master suite offers a private bathroom and ample closet space. Enjoy outdoor living in the fenced backyard, ideal for entertaining or relaxing. Conveniently located just minutes from downtown Durham, major highways (I-40, NC-147), shopping, dining, and entertainment. Plus, it's only a short drive to Duke University, making it a great location for students, faculty, or anyone who enjoys being close to campus. A perfect blend of comfort, style, and location

Details

Property type

Single Family Residence

Est. home value

$396,831

Lot size

6,969.6 sq ft

Price per sq ft

$370

Year built

1940

Annual property taxes

$3,245.46

Price History

03/26/2025
TriangleMLS

TriangleMLS #10084709

Listed
$399,000
+94.63%
03/03/2020
TriangleMLS

TriangleMLS #2293072

Sold
$205,000

Schools & Community

Neighborhood: 

Walltown

Elementary school: 

Durham - E K Powe

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

$228,818
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$138,262
Cash to seller
$228,818

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

March 2020

Original loan amount

$153,750

Est. remaining balance

$138,262

Interest rate

3.65%

Loan type

New Conventional, 30 year

Seller

Jonathan Dayan and Daphna Dayan

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?

Status: Active

Tomo last checked: 03/30/2025 at 8:25 PM

Listing updated: 03/26/2025 at 1:22 PM

Listed by: Deanna Sparks, Wilson Property Management, In Phone #: (919) 755-0864

MLS: TriangleMLS #10084709

TriangleMLS logo

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