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$349,000

Beds
2
Baths
1.0
sq ft
954

115 Gresham Avenue, Durham, NC 27704

115 Gresham Avenue

Durham, NC 27704

  • <1 day on market
Welcome to this humble but cute bungalow located in the heart of Durham's sought after Northgate Park neighborhood! This 1942 home has much charm sitting on a quiet corner lot walkable to trails, parks, and the Museum of Life and Science! Don't move too slow on this one! There are washer and dryer hook ups both in the dining room as well as in the basement, your choice! With refinished hardwood floors and an updated kitchen this one is ready to go.

Details

Property type

Single Family Residence

Est. home value

$413,669

Lot size

3,484.8 sq ft

Price per sq ft

$366

Year built

1942

Annual property taxes

$1,893

Price History

10/29/2024
TriangleMLS

TriangleMLS #10060684

Listed
$349,000
-20.68%
05/18/2022
TriangleMLS

TriangleMLS #2442355

Sold
$440,000
+94.69%
11/13/2019
TriangleMLS

TriangleMLS #2284340

Sold
$226,000
+137.89%

Schools & Community

Neighborhood: 

Northgate Park

Elementary school: 

Durham - Club Blvd

Middle school: 

Durham - Brogden

High school: 

Durham - Riverside

Community features: 

None

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

-$17,152
Asking price
$349,000
Closing costs (~8% of asking)
-$27,920
Est. remaining loan balance
-$338,232
Cash to seller
-$17,152

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2022

Original loan amount

$352,000

Est. remaining balance

$338,232

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Thomas Andrew Black and Jessica R Cohen

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: 10/29/2024 at 8:25 PM

Listing updated: 10/29/2024 at 2:01 PM

Listed by: Johnny May, Nest Realty of the Triangle Phone #: (919) 493-8383

MLS: TriangleMLS #10060684

TriangleMLS logo

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