tomo logo

$759,000

Beds
4
Baths
3.5
sq ft
2,294

129 Chestnut Street, Durham, NC 27707

129 Chestnut Street

Durham, NC 27707

  • 13 days on market
Welcome to 129 Chestnut Street in the highly desirable Southside neighborhood. You can't beat the location of this charming two story home within minutes to American Tobacco Campus, the DPAC, the American Tobacco Trailhead, tons of restaurants, and all of the other amenities Downtown Durham has to offer. As you enter into this luxurious home, you are greeted by gleaming oak hardwoods that are featured throughout. The main level living space offers an abundance of natural light, beautiful millwork/crown molding, a large living room and kitchen. The gourmet kitchen features upgraded soft close cabinets, dovetailed soft close drawers, gorgeous quartz countertops, a gas range and vent hood. Enjoy meals in the eat-in kitchen or outside on the huge screened-in porch. The main level features a guest bedroom that could also serve as a main level owner's suite with dual vanity countertops, a separate water closet, tiled shower and a huge walk in closet. Venture upstairs to find large secondary bedrooms, including private walk-out balconies in two of them. The owners suite upstairs is wonderfully finished with a dual vanity sink, walk in closet and a tiled walk in shower. Including private balconies upstairs, the owners have spared no expense to have a massive screened in deck installed on the back of the home overlooking the private backyard. Large flex space can be used as an office, workout room, secondary lounge, or all three. There is no shortage of outdoor living space that accompanies this wonderful home. This is truly a special home, property and opportunity that is ready for its new owner.

Details

Property type

Single Family Residence

Est. home value

$717,696

Lot size

7,405.2 sq ft

Price per sq ft

$331

Year built

2017

Annual property taxes

$5,650.25

Price History

06/21/2024
TriangleMLS

TriangleMLS #10037031

Listed
$759,000
+18.59%
07/21/2021
TriangleMLS

TriangleMLS #2386929

Sold
$640,000
+31.42%
08/28/2018
TriangleMLS

TriangleMLS #2202586

Sold
$487,000

Schools & Community

Neighborhood: 

Southside / St. Teresa

Elementary school: 

Durham - Spaulding

Middle school: 

Durham - Githens

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

$223,285
Asking price
$759,000
Closing costs (~8% of asking)
-$60,720
Est. remaining loan balance
-$474,995
Cash to seller
$223,285

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

July 2021

Original loan amount

$506,815

Est. remaining balance

$474,995

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Christopher Weis Gammell and Angela Weis Gammell

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: 07/05/2024 at 12:20 AM

Listing updated: 07/01/2024 at 9:13 AM

Listed by: Charlie David Jaeckels, Redfin Corporation Phone #: (919) 816-5981

MLS: TriangleMLS #10037031

TriangleMLS logo

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