tomo logo

$265,000

Beds
3
Baths
2.0
sq ft
1,182

1907 Angier Avenue, Durham, NC 27703

1907 Angier Avenue

Durham, NC 27703

  • 72 days on market
    • Price drop $20,000↓
Great house in an even greater location!!! 3 bedrooms and 2 bathrooms within walking distance of restaurants, convenience stores, bus line and downtown Durham. Homes in the immediate area are selling and listing for $850,000 to $1.4 million. Excellent investment opportunity or home purchase for 1st time homeowner or one looking for a great property with a large amount of equity and investment potential. Currently, there are 4 tenants renting on a month-to-month verbal lease agreement. The rental income averages $2,000 per month, $24,000 per year, Other Property Listed: MLS#2536253 2909 Angier $295,000.

Details

Property type

Single Family Residence

Est. home value

$291,186

Lot size

4,356 sq ft

Price per sq ft

$225

Year built

1930

Annual property taxes

$1,087

Price History

06/19/2024
TriangleMLS

TriangleMLS #10024721

Price change
$265,000
-7.02%
04/23/2024
TriangleMLS

TriangleMLS #10024721

Listed
$285,000
-3.39%
02/18/2024
TriangleMLS

TriangleMLS #2536251

Removed
$295,000

Schools & Community

Neighborhood: 

Old East Durham

Elementary school: 

Durham - Y E Smith

Middle school: 

Durham - Neal

High school: 

Durham - Southern

High school district: 

Durham - The School for Creative Studies

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

$207,608
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$36,192
Cash to seller
$207,608

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

October 2007

Original loan amount

$53,300

Est. remaining balance

$36,192

Interest rate

6.62%

Loan type

Not Provided, 30 year

Seller

Anthony Grady

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: 07/04/2024 at 10:50 PM

Listing updated: 06/19/2024 at 12:23 AM

Listed by: Diane Riggsbee, The Real Estate Specialist, In Phone #: (919) 929-5178

MLS: TriangleMLS #10024721

TriangleMLS logo

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