tomo logo

$315,000

Beds
3
Baths
2.5
sq ft
1,267

1911 Rathie Drive, Durham, NC 27703

1911 Rathie Drive

Durham, NC 27703

  • 1 day on market
Something to warm your heart on a cold day: a great 3 bed, 2.5 bath townhome with gas fireplace to keep warm and cozy. Three bedrooms up w/ a nice size owners suite with WIC closet. Built ins for work space and coat rack/shoe storage. Wood block countertops, SS appliances, tile backsplash and laminate floors throughout. Refrigerator, washer and dryer convey. Fenced in back yard. Clean unit and ready to go! Great location in the heart of RTP, mins to RDU. Great investment or place to call home! Low HOA dues. Schools listed are for 25-26 school year. Please see Durham County school website for current school assignments.

Details

Property type

Townhouse

Est. home value

$296,463

Lot size

2,613.6 sq ft

Price per sq ft

$249

Year built

2004

Annual property taxes

$2,103

Monthly HOA fee

$165

Price History

02/20/2025
TriangleMLS

TriangleMLS #10077650

Listed
$315,000
+2.61%
06/22/2023
TriangleMLS

TriangleMLS #2513928

Sold
$307,000

Schools & Community

Elementary school: 

Durham - Bethesda

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

$230,505
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$59,295
Cash to seller
$230,505

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

Seller’s Loan History

Lender

Fm Lending Services Inc

Loan start date

July 2004

Original loan amount

$112,609

Est. remaining balance

$59,295

Interest rate

6.3%

Loan type

VA, 30 year

Seller

Michael D Locklear

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: 02/21/2025 at 10:55 PM

Listing updated: 02/20/2025 at 3:06 PM

Listed by: Chip Edwards, Allen Tate/Raleigh-Glenwood Phone #: (919) 719-2900

MLS: TriangleMLS #10077650

TriangleMLS logo

Recently listed in Durham

$715,000|6 bd|4.0 ba|House
$384,990|4 bd|3.5 ba|Townhouse
$581,400|5 bd|3.0 ba|House
$612,060|5 bd|3.0 ba|House
$315,000|3 bd|2.0 ba|Townhouse
$295,000|3 bd|2.5 ba|Townhouse
$769,000|5 bd|2.5 ba|House
$625,000|4 bd|2.5 ba|House
$349,900|2 bd|1.0 ba|House