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$558,500

Beds
3
Baths
2.0
sq ft
1,990

1601 East Main Street, Durham, NC 27703

1601 East Main Street

Durham, NC 27703

  • 43 days on market
    • Price drop $500↓
BELOW MARKET INTEREST RATES AVAILABLE!! Full of character and convenience—welcome home to 1601 E Main Street! This 1910, 3-bedroom, 2-bathroom house has been beautifully renovated while preserving its original charm. Enjoy the ease of having a first-floor primary bedroom with a freshly tiled shower. This is the perfect house for hosting, with open living space and an amazing, fenced backyard complete with a large patio and extended parking. Great extra room to work from home (Google Fiber!), have a study, playroom, you name it. Sip your morning coffee on the covered front porch and take a walk to explore all that Downtown Durham offers! 2017 roof, 2020 heat pump, 2021 HVAC split zone system. *Financing subject to approval. Contact agent for more info.

Details

Property type

Single Family Residence

Est. home value

$460,417

Property condition

Updated/Remodeled

Lot size

0.23 acres

Price per sq ft

$281

Year built

1910

Annual property taxes

$2,879

Price History

08/21/2024
TriangleMLS

TriangleMLS #10043584

Price change
$558,500
-0.09%
07/31/2024
TriangleMLS

TriangleMLS #10043584

Price change
$559,000
-1.06%
07/26/2024
TriangleMLS

TriangleMLS #10043584

Listed
$565,000
+91.53%

Schools & Community

Neighborhood: 

Edgemont

Elementary school: 

Durham - Eastway

Middle school: 

Durham - Neal

High school: 

Durham - Southern

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Amerisave Mortgage Corp

Loan start date

February 2021

Original loan amount

$276,500

Est. remaining balance

$254,396

Interest rate

2.66%

Loan type

New Conventional, 30 year

Seller

Keith Holmes and Emily Homes

Lender

Amerisave Mortgage Corp

Loan start date

February 2021

Original loan amount

$276,500

Est. remaining balance

$254,396

Interest rate

2.66%

Loan type

New Conventional, 30 year

Seller

Keith Holmes and Emily Holmes

Lender

Cornerstone Home Lending Inc

Loan start date

January 2018

Original loan amount

$286,150

Est. remaining balance

$248,581

Interest rate

3.93%

Loan type

New Conventional, 30 year

Seller

Keith Holmes and Emily Holmes

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: 09/07/2024 at 11:25 PM

Listing updated: 08/31/2024 at 8:13 AM

Listed by: Brooke Fulford, West & Woodall Real Estate - D Phone #: (919) 382-2000

MLS: TriangleMLS #10043584

TriangleMLS logo

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