tomo logo

$350,000

Beds
4
Baths
2.5
sq ft
2,906

1507 Rosewood Street, Durham, NC 27701

1507 Rosewood Street

Durham, NC 27701

  • 77 days on market
Exceptional Investor Opportunity - 4 Bedrooms Just 2 Blocks from NCCU! This spacious property in a sought-after, classic neighborhood offers 4 bedrooms, 2.5 baths, two large living rooms (one on each level), and a HUGE eat-in kitchen. The lower level provides 1,100 sqft with two bedrooms, a family room with walkout access to the private backyard, plus a large mechanical room offering ample storage space. The 2-car garage adds convenience and privacy for parking or additional storage. Bring your contractor so you don't miss this high-demand rental opportunity — schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$361,416

Lot size

0.43 acres

Price per sq ft

$121

Year built

1962

Annual property taxes

$2,845.07

Price History

10/27/2024
TriangleMLS

TriangleMLS #10047891

Listed
$350,000
10/26/2024
TriangleMLS

TriangleMLS #10047891

Removed
$350,000
10/25/2024
TriangleMLS

TriangleMLS #10047891

Listed
$350,000

Schools & Community

Elementary school: 

Durham - Pearson

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

$189,273
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$132,727
Cash to seller
$189,273

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

Seller’s Loan History

Lender

Mortgage Lenders Of America Llc

Loan start date

July 2018

Original loan amount

$149,600

Est. remaining balance

$132,727

Interest rate

4.56%

Loan type

New Conventional, 30 year

Seller

Aleese Moore Orbih

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: 11/05/2024 at 7:30 AM

Listing updated: 10/27/2024 at 10:00 AM

Listed by: Whitney Rich, Success Realty Phone #: (919) 544-5100

MLS: TriangleMLS #10047891

TriangleMLS logo

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