tomo logo

$730,000

Beds
4
Baths
3.5
sq ft
2,491

1435 Tannin Drive, Durham, NC 27713

1435 Tannin Drive

Durham, NC 27713

  • <1 day on market
    • Open house Oct 19
Step into this like-new, beautifully crafted home built in 2021 by McNeil Burbank, nestled in the highly sought-after 751 South neighborhood. This community offers a unique blend of modern living and convenience, located in southern Durham near Interstate 40, countless shops, restaurants, the American Tobacco Trail, and Southpoint Mall. The home sits on a prime lot overlooking a protected wooded area and features site-finished white oak hardwood floors, quartz countertops, and custom details throughout. The gourmet kitchen boasts soft-close cabinets and drawers, under-cabinet lighting, a farmhouse sink, a stainless steel gas range and hood and an oversized island, perfect for entertaining. The living room showcases a coffered ceiling, custom bookcases, and a gas fireplace, with seamless access to an oversized deck overlooking a fenced backyard. The main level includes two bedrooms, including an expansive owner's suite with a ceiling fan, a luxurious soaking tub, and a frameless glass shower with dual shower heads. An additional main-level bedroom offers an en suite full bath for added privacy. Upstairs two bedrooms flank a loft area perfect for another living space or office. Additional features include a whole-home water filtration system, 2.5'' faux wood blinds, walk out storage and generous outdoor living areas. The 751 South community enhances the lifestyle with a unique streetscape, numerous pocket parks, multiple playgrounds, a gym, a resort-style pool, and a clubhouse—making this home and neighborhood the perfect combination of comfort, style, and convenience.

Details

Property type

Single Family Residence

Est. home value

$728,591

Lot size

5,227.2 sq ft

Price per sq ft

$294

Year built

2021

Annual property taxes

$5,800

Monthly HOA fee

$140

Price History

10/18/2024
TriangleMLS

TriangleMLS #10058882

Listed
$730,000
+12.31%
09/24/2021
TriangleMLS

TriangleMLS #2406720

Sold
$650,000

Schools & Community

Elementary school: 

Durham - Lyons Farm

Middle school: 

Durham - Githens

High school: 

Durham - Jordan

Community features: 

Clubhouse, Fitness Center, Park, Pool

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

$317,027
Asking price
$730,000
Closing costs (~8% of asking)
-$58,400
Est. remaining loan balance
-$354,573
Cash to seller
$317,027

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

September 2021

Original loan amount

$380,000

Est. remaining balance

$354,573

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Sharon Gail Price and James Finley Franklin

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: 10/18/2024 at 6:20 AM

Listing updated: 10/18/2024 at 2:00 AM

Listed by: Brian Holt, Keller Williams Realty Phone #: (919) 882-3200

MLS: TriangleMLS #10058882

TriangleMLS logo

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