tomo logo

$720,000

Beds
3
Baths
2.5
sq ft
2,658

1317 Fay Street, Durham, NC 27701

1317 Fay Street

Durham, NC 27701

  • <1 day on market
    • Open house Jan 18
Welcome to 1317 Fay Street, where modern craftsmanship meets timeless charm! Nestled in the heart of Durham, this high-end custom home, built in 2022, is designed for luxury and comfort. Boasting 2,658 square feet of immaculate living space, this three-bedroom, two-and-a-half-bathroom residence offers an open floor plan with soaring 10-foot ceilings and stunning hardwood floors throughout. The chef's kitchen is a culinary masterpiece, featuring a gas range, quartz countertops, and seamless access to a private deck—perfect for morning coffee or evening relaxation. The owner's suite is a serene retreat, complete with a private balcony and a spa-like en-suite bathroom. A fully finished 600-square-foot third-floor bonus room provides endless possibilities for entertainment, work, or play. The home's outdoor spaces are equally impressive, with a spacious, fenced backyard ideal for gatherings, gardening, or simply enjoying the outdoors. Located just minutes from downtown Durham and Duke University, you'll enjoy proximity to world-class dining, shopping, and entertainment. Don't miss your chance to own this move-in-ready gem in one of Durham's most exciting neighborhoods!

Details

Property type

Single Family Residence

Est. home value

$651,690

Lot size

6,969.6 sq ft

Price per sq ft

$271

Year built

2022

Annual property taxes

$5,955.39

Price History

01/14/2025
TriangleMLS

TriangleMLS #10070707

Listed
$720,000
+10.77%
05/12/2023
TriangleMLS

TriangleMLS #2491732

Sold
$650,000

Schools & Community

Elementary school: 

Durham - Eastway

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

The Fidelity Bank

Loan start date

May 2023

Original loan amount

$520,000

Est. remaining balance

Not provided

Interest rate

6.42%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Droege Investments Llc

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: 01/14/2025 at 9:40 PM

Listing updated: 01/14/2025 at 3:30 PM

Listed by: Jon McBride, Coldwell Banker HPW Phone #: (919) 847-6767

MLS: TriangleMLS #10070707

TriangleMLS logo

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