tomo logo

$655,000

Beds
3
Baths
2.0
sq ft
1,871

1318 North Gregson Street, Durham, NC 27701

1318 North Gregson Street

Durham, NC 27701

  • 52 days on market
    • Price drop $24,000↓
    • Open house Jul 13
This 1920s Trinity Park craftsman abounds with architectural details, including the eyebrow awning, soffit corbels, 3/1 sash windows and clipped gable roof - making it evident why this home has been included in the National Register of Historic Places inventory. Natural light flows through the ample windows, helped along by 9' ceilings, beautiful hardwoods, and crisp white walls. The large living room is anchored by a chevron-patterned brick fireplace and opens-up onto a sunroom and a generous-sized dining room, which then leads to the eat-in kitchen. The three bedrooms are accessible through the hallway, which runs along the back and south side of the home, and is separated from the living room by a glass paneled door - perfect for quiet hours. The attic is tall enough that it could be expanded for additional living space and the garage is perfect for your vehicles, storage, or even a future studio. The backyard feels private and offers plenty of space to garden or run around and play. As you'll see, the John & Emma Repass House is a remarkable example of a home that preserves its historic charm, while seamlessly integrating modern upgrades to accommodate the necessities of contemporary living.

Details

Property type

Single Family Residence

Est. home value

$682,475

Property condition

Updated/Remodeled

Lot size

8,276.4 sq ft

Price per sq ft

$351

Year built

1927

Annual property taxes

$5,311.2

Price History

07/01/2024
TriangleMLS

TriangleMLS #10029840

Price change
$655,000
-3.53%
05/30/2024
TriangleMLS

TriangleMLS #10029840

Price change
$679,000
-0.88%
05/16/2024
TriangleMLS

TriangleMLS #10029840

Listed
$685,000
+24.55%

Schools & Community

Neighborhood: 

Trinity Park

Elementary school: 

Durham - E K Powe

Middle school: 

Durham - Brogden

High school: 

Durham - Riverside

Community features: 

Park

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

$111,977
Asking price
$655,000
Closing costs (~8% of asking)
-$52,400
Est. remaining loan balance
-$490,623
Cash to seller
$111,977

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

Seller’s Loan History

Lender

Corporate Investors Mortgage Group Inc

Loan start date

August 2021

Original loan amount

$522,500

Est. remaining balance

$490,623

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Ashley Jane Brasier

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?

Similar Homes Nearby

Price drop
TriangleMLS
$625,000
3 bd
|
2 ba
|
1,805 sq ft
|
House

1410 North Duke Street, Durham, NC 27701

TriangleMLS
$699,000
3 bd
|
2 ba
|
1,941 sq ft
|
House

1602 Delaware Avenue, Durham, NC 27705

TriangleMLS
$634,990
3 bd
|
2 ba
|
1,698 sq ft
|
Townhouse

512 Gordon Street Unit 602, Durham, NC 27701

Status: Active

Tomo last checked: 07/07/2024 at 4:25 PM

Listing updated: 07/06/2024 at 5:53 AM

Listed by: Adrian T Brown, Inhabit Real Estate Phone #: (919) 808-4549

MLS: TriangleMLS #10029840

TriangleMLS logo

Recently listed in Durham

$525,000|4 bd|2.5 ba|House
$489,900|4 bd|3.5 ba|Townhouse
$300,000|3 bd|1.0 ba|House
$453,235|3 bd|2.5 ba|Townhouse
$426,980|3 bd|2.5 ba|Townhouse
$400,000|3 bd|2.0 ba|House
$329,500|3 bd|2.0 ba|House