tomo logo

$400,000

Beds
2
Baths
1.0
sq ft
950

1910 Wallace Street, Durham, NC 27707

1910 Wallace Street

Durham, NC 27707

  • 11 days on market
Charming 2 bedroom, 1 bath cottage in Lakewood, on a .25 acre lot. Features include hardwood floors, large windows, a modern kitchen with granite countertops and a spacious backyard with room for gardening or future development. Zoned RU-5 allowing for duplexes and ADUs, ideal for investors. Located near popular eateries, Duke, downtown Durham, and major highways, with easy access to rtp and rdu. Perfect for homebuyers or investors seeking potential in a vibrant neighborhood.

Details

Property type

Single Family Residence

Est. home value

$354,108

Lot size

0.25 acres

Price per sq ft

$422

Year built

1950

Annual property taxes

$3,070

Price History

12/12/2024
TriangleMLS

TriangleMLS #10066980

Listed
$400,000
12/06/2024
TriangleMLS

TriangleMLS #10062928

Removed
02/09/2024
TriangleMLS

TriangleMLS #10003146

Sold
$388,000
-1.77%

Schools & Community

Neighborhood: 

Tuscaloosa-Lakewood

Elementary school: 

Durham - Lakewood

Middle school: 

Durham - Brogden

High school: 

Durham - Jordan

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

$5,530
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$362,470
Cash to seller
$5,530

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

February 2024

Original loan amount

$365,750

Est. remaining balance

$362,470

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Mandela Magnidjem

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?

Similar Homes Nearby

A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
TriangleMLS
$370,000
2 bd
|
2 ba
|
1,314 sq ft
|
House

425 Price Avenue, Durham, NC 27707

A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
Pending
TriangleMLS
$360,000
2 bd
|
2 ba
|
1,548 sq ft
|
Townhouse

55 Stoneridge Road, Durham, NC 27705

A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
A home in Durham
Price drop
TriangleMLS
$420,000
2 bd
|
2 ba
|
1,032 sq ft
|
Condo

600 South Duke Street Unit 18, Durham, NC 27701

Status: Active

Tomo last checked: 12/23/2024 at 2:20 PM

Listing updated: 12/23/2024 at 4:41 AM

Listed by: Christine M Eisenberg, Continental Real Estate Group, Inc. Phone #: (877) 996-5728

MLS: TriangleMLS #10066980

TriangleMLS logo

Recently listed in Durham

$278,000|2 bd|1.0 ba|House
$499,990|2 bd|2.0 ba|House
$520,000|3 bd|2.5 ba|House
$489,530|5 bd|3.0 ba|House
$579,990|5 bd|4.0 ba|House
$399,900|3 bd|2.5 ba|Townhouse
$595,000|3 bd|2.5 ba|House
$399,900|4 bd|3.5 ba|House
$265,000|2 bd|2.5 ba|Condo

Explore top cities in North Carolina