tomo logo

$389,900

Beds
3
Baths
1.5
sq ft
1,225

1416 Sedwick Road, Durham, NC 27713

1416 Sedwick Road

Durham, NC 27713

  • 10 days on market
Gorgeous brick front ranch with tasteful updates and lovely vintage features. Spacious screened porch, large, lush, fenced yard with built in firepit, rose bushes, & mature trees. Freshly painted entire exterior, renovated deck, and new deck roof, new laminate flooring and landscaping! Come enjoy this tranquil yard and neighborhood! Can't ask for a better location: convenient to transportation, downtown Durham, RTP, & more! Offering 3000 in closing costs with preferred lender Rekhshan Hyder :919-592-3072

Details

Property type

Single Family Residence

Est. home value

$320,506

Lot size

0.32 acres

Price per sq ft

$319

Year built

1970

Annual property taxes

$2,603

Price History

11/13/2024
TriangleMLS

TriangleMLS #10063123

Listed
$389,900
+3.15%
11/07/2024
TriangleMLS

TriangleMLS #10041166

Removed
$378,000
10/09/2024
TriangleMLS

TriangleMLS #10041166

Price change
$378,000
-0.53%

Schools & Community

Neighborhood: 

Parkwood

Elementary school: 

Durham - Parkwood

Middle school: 

Durham - Lowes Grove

High school: 

Durham - Hillside

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

$134,611
Asking price
$389,900
Closing costs (~8% of asking)
-$31,192
Est. remaining loan balance
-$224,097
Cash to seller
$134,611

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

December 2022

Original loan amount

$228,750

Est. remaining balance

$224,097

Interest rate

6.94%

Loan type

New Conventional, 30 year

Seller

John Mark Madar and Wendy Raywatee Sanhai

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: 11/23/2024 at 6:55 PM

Listing updated: 11/13/2024 at 1:31 PM

Listed by: Fathema Matcheswala, Wake Realty Phone #: (919) 538-4308

MLS: TriangleMLS #10063123

TriangleMLS logo

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