tomo logo

$265,000

Beds
3
Baths
1.0
sq ft
955

124 West Cornwallis Road, Durham, NC 27707

124 West Cornwallis Road

Durham, NC 27707

  • 1 day on market
Well-situated ranch-style home with a brick exterior, featuring 3 bedrooms and 1 bathroom. The property has fresh paint throughout and an updated kitchen, making it suitable for both owner-occupancy and rental purposes. It is situated on a sizable lot with a spacious deck - perfect for outdoor entertaining and barbecues. The home's convenient location provides easy access to Duke University, downtown, Southpoint Mall, Raleigh-Durham International Airport, as well as major interstates I-85 and I-40. Call on all investors, cash flow opportunity, multiple renters inquiries. This house qualifies for lower interest rate through prosperity mortgage.

Details

Property type

Single Family Residence

Est. home value

$198,535

Lot size

8,276.4 sq ft

Price per sq ft

$278

Year built

1964

Annual property taxes

$1,514

Price History

01/24/2025
TriangleMLS

TriangleMLS #10072688

Listed
$265,000
-1.82%
11/16/2024
TriangleMLS

TriangleMLS #10048565

Removed
$269,900
09/26/2024
TriangleMLS

TriangleMLS #10048565

Price change
$269,900
-5.27%

Schools & Community

Neighborhood: 

Rockwood

Elementary school: 

Durham - Spaulding

Middle school: 

Durham - Githens

High school: 

Durham - Jordan

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

Bank Of America Na

Loan start date

October 2007

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

6.46%

Loan type

Credit Line (Revolving), 25 year

Seller

Patrick W Simmons

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: 01/26/2025 at 1:25 AM

Listing updated: 01/24/2025 at 7:11 PM

Listed by: Husam Mohamed Hasanin, Berkshire Hathaway HomeService Phone #: (919) 383-4663

MLS: TriangleMLS #10072688

TriangleMLS logo

Recently listed in Durham

$374,900|4 bd|3.0 ba|House
$425,000|4 bd|2.0 ba|House
$385,000|3 bd|2.5 ba|Townhouse
$550,000|4 bd|2.5 ba|House
$385,000|3 bd|2.0 ba|House

Explore top cities in North Carolina