tomo logo

$450,000

Beds
3
Baths
2.0
sq ft
1,715

1834 East Geer Street, Durham, NC 27704

1834 East Geer Street

Durham, NC 27704

  • 5 days on market
Come see this incredibly charming fieldstone-clad bungalow set on a large lot with a terrific workshop/storage barn. It's so close to all that makes Durham cool but feels a world apart. Plant vegetables in the lush soil of the garden plot. Enjoy the fruit trees & bushes including apple, plum, pear, persimmon, blueberry, blackberry, fig, and elderberry as they continue to mature and produce. Bring some chickens and maybe a goat or two, and you have a perfect little homestead only an 8 minute, 3.2 mile drive from the heart of downtown Durham. The house is set well back from Geer, with the driveway entering from Watson, enhancing the quietude and rural feel. Inside you'll find an updated kitchen, modern baths, vintage hardwood floors, and a stunning stone fireplace, all bathed in great natural light streaming through the open plan. This home and property is quite simply the definition of unique. Don't miss the chance to make it yours!

Details

Property type

Single Family Residence

Est. home value

$346,179

Lot size

0.83 acres

Price per sq ft

$263

Year built

1936

Annual property taxes

$2,362.84

Price History

09/13/2024
TriangleMLS

TriangleMLS #10052611

Listed
$450,000
+389.13%
07/19/2011
TriangleMLS

TriangleMLS #1756317

Sold
$92,000
-47.43%
07/16/2007
TriangleMLS

TriangleMLS #925433

Sold
$175,000
+20.77%

Schools & Community

Neighborhood: 

Northeast Hills

Elementary school: 

Durham - Merrick-Moore

Middle school: 

Durham - Neal

High school: 

Durham - Southern

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

$371,211
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$42,789
Cash to seller
$371,211

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

Seller’s Loan History

Lender

Peoples Bank

Loan start date

February 2015

Original loan amount

$103,000

Est. remaining balance

$42,789

Interest rate

3.09%

Loan type

New Conventional, 15 year

Seller

Courtney Scott and John Scott

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?

Status: Active

Tomo last checked: 09/18/2024 at 9:45 PM

Listing updated: 09/15/2024 at 3:20 AM

Listed by: Adam J Dickinson, Nest Realty of the Triangle Phone #: (919) 493-8383

MLS: TriangleMLS #10052611

TriangleMLS logo

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