tomo logo

$255,000

Beds
3
Baths
2.0
sq ft
1,162

1513 Fay Street, Durham, NC 27701

1513 Fay Street

Durham, NC 27707

  • 90 days on market
''This property offers great potential for improvement, making it an ideal project for a handyman or those looking to add their personal touch.''

Details

Property type

Single Family Residence

Est. home value

$244,852

Lot size

7,840.8 sq ft

Price per sq ft

$220

Year built

1948

Annual property taxes

$1,024.07

Price History

08/24/2024
TriangleMLS

TriangleMLS #10048874

Listed
$255,000
+41.67%
06/10/2021
TriangleMLS

TriangleMLS #2375897

Sold
$180,000
+650%
11/01/2002
TriangleMLS

TriangleMLS #641604

Sold
$24,000

Schools & Community

Elementary school: 

Durham - Eastway

Middle school: 

Durham - Lucas

High school: 

Durham - Northern

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

$73,542
Asking price
$255,000
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$161,058
Cash to seller
$73,542

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

June 2021

Original loan amount

$173,992

Est. remaining balance

$161,058

Interest rate

2.97%

Loan type

FHA, 30 year

Seller

Francisco Orellana Flores and Patricia Sagastizado Amaya

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 7:10 AM

Listing updated: 09/12/2024 at 11:59 AM

Listed by: Vanessa Perdomo, Metropoly Phone #: (919) 868-7790

MLS: TriangleMLS #10048874

TriangleMLS logo

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