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$400,000

Beds
2
Baths
1.0
sq ft
911

1910 Wallace Street, Durham, NC 27707

1910 Wallace Street

Durham, NC 27707

  • Coming soon
Bright and appealing cottage is nestled in the Lakewood/Rockwood neighborhood within walking distance of Fosters, Q-Shack, Guglhupf, Thai Cafe, Beer Study, TROSA, and Rockwood Park. About 3 miles to Duke and Downtown Durham, 20 minutes to Chapel Hill, 20 minutes to RTP and RDU airport. Large, attractive covered side porch with vaulted ceiling. Perfect for entertaining. Very large back yard has lots of potential for gardening, playing etc. Owner has made landscaping upgrades so this already super cute home is even more appealing from the curb! ''Basement'' is a combination of partial crawl space and concrete floored area with standing height ceilings in about 3/4 of the area. Great for storage or could be made into a workshop area, or could be partially finished for added rec or hobby space etc. Home has many cottage features preserved such as large windows, glass door, hardwood floors, and bathroom tile.

Details

Property type

Single Family Residence

Est. home value

$354,108

Lot size

0.25 acres

Price per sq ft

$440

Year built

1955

Annual property taxes

$3,037.3

Price History

02/09/2024
TriangleMLS

TriangleMLS #10003146

Sold
$388,000
-1.77%
01/29/2024
TriangleMLS

TriangleMLS #10003146

Pending
$395,000
+141.59%
09/02/2015
TriangleMLS

TriangleMLS #2019415

Sold
$163,500
+95.81%

Schools & Community

Neighborhood: 

Tuscaloosa-Lakewood

Elementary school: 

Durham - Lakewood

Middle school: 

Durham - Brogden

High school: 

Durham - Jordan

Community features: 

None

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

$5,194
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$362,806
Cash to seller
$5,194

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

$362,806

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?

Status: Coming Soon

Tomo last checked: 11/13/2024 at 9:55 PM

Listing updated: 11/12/2024 at 11:31 AM

Listed by: Matt Asher Levy, NorthGroup Real Estate, Inc. Phone #: (704) 412-2804

MLS: TriangleMLS #10062928

TriangleMLS logo

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