tomo logo

$215,000

Beds
3
Baths
1.0
sq ft
1,260

1511 Ridgeway Avenue, Durham, NC 27701

1511 Ridgeway Avenue

Durham, NC 27701

  • 23 days on market
Welcome to 1511 Ridgeway Ave, a charming ranch-style home nestled in a fantastic Durham location! This cute-as-a-button residence features 3 cozy bedrooms and 1 bath, all on a single story for easy living. Enjoy the spaciousness of both a living room and a family room, ideal for relaxation and entertaining. The eatin kitchen is ideal for casual meals, while the brick veneer exterior adds both character and durability. With convenient access from both front and side entrances, this home offers a welcoming atmosphere. Step outside to the fenced-in backyard, great for pets or outdoor gatherings. Situated close to North Carolina Central University and Durham Technical Community College, and just a quick 2-mile drive to downtown Durham, this property is perfectly positioned to enjoy all that the vibrant city has to offer. Don't miss your chance to call this lovely home yours!

Details

Property type

Single Family Residence

Est. home value

$248,773

Lot size

6,969.6 sq ft

Price per sq ft

$171

Year built

1966

Annual property taxes

$1,297

Price History

10/31/2024
TriangleMLS

TriangleMLS #10061092

Listed
$215,000
+86.96%
07/18/2019
TriangleMLS

TriangleMLS #2219826

Sold
$115,000
+259.38%
10/05/2012
TriangleMLS

TriangleMLS #1844403

Sold
$32,000
+30.62%

Schools & Community

Elementary school: 

Durham - Harris

Middle school: 

Durham - Rogers-Herr

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

$93,800
Asking price
$215,000
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$104,000
Cash to seller
$93,800

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

June 2019

Original loan amount

$115,838

Est. remaining balance

$104,000

Interest rate

4.14%

Loan type

VA, 30 year

Seller

Tony Garrett

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 3:35 PM

Listing updated: 10/31/2024 at 7:01 PM

Listed by: Nicholas Huscroft, Chosen Real Estate Group Phone #: (330) 249-3499

MLS: TriangleMLS #10061092

TriangleMLS logo

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