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$425,000

Beds
3
Baths
2.0
sq ft
1,579

1917 Edgerton Drive, Durham, NC 27703

1917 Edgerton Drive

Durham, NC 27703

  • Pending
    • Price drop $10,000↓
This is the one! Classic ranch with one level living that was fully remolded in 2022. This property sits on a .4 acre lot and offers a flat fenced in back yard. The kitchen offers granite countertops, stainless steel appliances, sink overlooking the backyard and backsplash. The open floor-plan has original hardwoods throughout! The primary has a rare walk in closet for a house this age and updated bathroom. HVAC and roof have all been replaced in the last 3 years! no HOA

Details

Property type

Single Family Residence

Est. home value

$359,745

Property condition

Updated/Remodeled

Lot size

0.4 acres

Price per sq ft

$270

Year built

1955

Annual property taxes

$2,803.49

Price History

11/08/2024
TriangleMLS

TriangleMLS #10050856

Pending
$425,000
10/01/2024
TriangleMLS

TriangleMLS #10050856

Price change
$425,000
-2.3%
09/24/2024
TriangleMLS

TriangleMLS #10050856

Price change
$435,000
-1.14%

Schools & Community

Elementary school: 

Durham - Harris

Middle school: 

Durham - Lowes Grove

High school: 

Durham - Hillside

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

$50,079
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$340,921
Cash to seller
$50,079

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

August 2022

Original loan amount

$351,500

Est. remaining balance

$340,921

Interest rate

5.51%

Loan type

New Conventional, 30 year

Seller

Stephen Montalvo

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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304 Cherry Grove Street, Durham, NC 27703

Status: Pending/Under Contract

Tomo last checked: 11/14/2024 at 5:00 PM

Listing updated: 11/08/2024 at 7:30 PM

Listed by: Paul Clayborne Corsa, Cambridge & Assoc. R.E. Group Phone #: (919) 833-3496

MLS: TriangleMLS #10050856

TriangleMLS logo

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