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$345,000

Beds
3
Baths
1.5
sq ft
1,012

1208 West Murray Avenue, Durham, NC 27704

1208 West Murray Avenue

Durham, NC 27704

  • 21 days on market
Classic Durham ranch on booming W Murray Ave ready for its new owner. Sitting on a large .23 acre lot in the RU-5 zoning district, this property makes an excellent primary residence or investment property. New HVAC installed in 2023. Newer laminate floors and paint. Adorable and spacious kitchen with a dedicated laundry. The back deck is equipped with a ramp for wheelchair accessibility and it overlooks a massive backyard ready to be transformed into your urban paradise. The current zoning allows for several development opportunities if that's what you're looking for. Below market community lending financing available for this property. Ask agent for details. Be a part of all the growth happening on W Murray.

Details

Property type

Single Family Residence

Est. home value

$328,916

Lot size

0.23 acres

Price per sq ft

$341

Year built

1969

Annual property taxes

$2,274

Price History

08/27/2024
TriangleMLS

TriangleMLS #10049186

Listed
$345,000
+36.63%
06/07/2021
TriangleMLS

TriangleMLS #2375292

Sold
$252,500

Schools & Community

Elementary school: 

Durham - E K Powe

Middle school: 

Durham - Brogden

High school: 

Durham - Riverside

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Premier Processing Llc

Loan start date

August 2022

Original loan amount

$247,500

Est. remaining balance

$240,885

Interest rate

5.7%

Loan type

New Conventional, 30 year

Seller

Era Sherman and Cory Sherman

Lender

United Wholesale Mortgage

Loan start date

June 2021

Original loan amount

$202,000

Est. remaining balance

$187,907

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Cory L Sherman and Eric Sherman

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: 09/17/2024 at 8:50 PM

Listing updated: 09/09/2024 at 5:44 AM

Listed by: Cory Sherman, Keller Williams Preferred Realty Phone #: (919) 471-8000

MLS: TriangleMLS #10049186

TriangleMLS logo

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