tomo logo

$369,000

Beds
4
Baths
2.0
sq ft
1,900

1802 Pritchard Place, Durham, NC 27707

1802 Pritchard Place

Durham, NC 27707

  • 180 days on market
    • Price drop $1,000↓
Great location for the savvy investor. Welcome to 1802 Pritchard Place, a fantastic investment opportunity located in the heart of Durham. This well-maintained property is currently rented out, generating a total monthly rent of $3,100. With a recent home inspection report available, this property is ready for savvy investors looking to add to their portfolio.

Details

Property type

Single Family Residence

Est. home value

$313,651

Lot size

0.31 acres

Price per sq ft

$195

Year built

1958

Annual property taxes

$2,032.33

Price History

11/18/2024
TriangleMLS

TriangleMLS #10031731

Price change
$369,000
-0.27%
08/01/2024
TriangleMLS

TriangleMLS #10031731

Price change
$370,000
-2.63%
05/27/2024
TriangleMLS

TriangleMLS #10031731

Listed
$380,000
+68.89%

Schools & Community

Elementary school: 

Durham - Bethesda

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

$175,782
Asking price
$369,000
Closing costs (~8% of asking)
-$29,520
Est. remaining loan balance
-$163,698
Cash to seller
$175,782

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

Seller’s Loan History

Lender

Mld Mortgage

Loan start date

September 2022

Original loan amount

$168,750

Est. remaining balance

$163,698

Interest rate

5.54%

Loan type

New Conventional, 30 year

Seller

Anna Yan Qin

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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2602 Fayetteville Street, Durham, NC 27707

Status: Active

Tomo last checked: 11/23/2024 at 9:35 AM

Listing updated: 11/18/2024 at 1:35 AM

Listed by: Daniel Zelen Yu Qiao, ZELEN GROUP Phone #: (919) 666-7426

MLS: TriangleMLS #10031731

TriangleMLS logo

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