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$385,000

Beds
2
Baths
1.0
sq ft
940

1916 Hart Street, Durham, NC 27703

1916 Hart Street

Durham, NC 27703

  • 179 days on market
    • Price drop $4,000↓
Beautifully renovated bungalow in historic East Durham. This wonderful single family home known as the Historic Benjamin King House has it all. Modern kitchen with granite tops and stainless steel appliances. High ceilings and recessed lighting. Tastefully designed full bath with granite vanity and shower/tub surround. Spacious and sunny living room. Low maintenance fenced backyard perfect for entertaining. Covered back porch and additional covered storage. Rocking chair front porch overlooks mature fig tree, hydrangeas and grape-vine trellis. Just a short walk to Ideal's Sandwich and Grocery, Mike D's BBQ, Rofhiwa Book Cafe and Proximity Brewing.

Details

Property type

Single Family Residence

Est. home value

$332,720

Property condition

Updated/Remodeled

Lot size

3,484.8 sq ft

Price per sq ft

$410

Year built

1920

Annual property taxes

$2,080

Price History

07/26/2024
TriangleMLS

TriangleMLS #10037985

Price change
$385,000
-1.03%
06/27/2024
TriangleMLS

TriangleMLS #10037985

Listed
$389,000
+12.75%
09/23/2022
TriangleMLS

TriangleMLS #2463957

Sold
$345,000
+46.81%

Schools & Community

Neighborhood: 

Old East Durham

Elementary school: 

Durham - Y E Smith

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

$77,498
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$276,702
Cash to seller
$77,498

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

Seller’s Loan History

Lender

First Heritage Mortgage Llc

Loan start date

August 2022

Original loan amount

$286,000

Est. remaining balance

$276,702

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Madison Seymour and David Seymour

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: 12/23/2024 at 2:25 PM

Listing updated: 12/21/2024 at 8:40 PM

Listed by: Noah Fishbane, Fathom Realty NC, LLC Phone #: (888) 455-6040

MLS: TriangleMLS #10037985

TriangleMLS logo

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