tomo logo

$829,000

Beds
4
Baths
4.0
sq ft
2,746

201 West Trinity Avenue, Durham, NC 27701

201 West Trinity Avenue

Durham, NC 27701

  • <1 day on market
    • Open house Mar 15
CHARMING 1920s brick and stucco Dutch Colonial home on the idyllic 200 block of West Trinity Avenue!! Over 2700 square feet, laid out currently as a triplex, 3 totally separate units, perfect for an investment property or live in one unit while collecting rent from the other units! Zoning allows for single family home, could be easily converted! All of this in PRIME downtown Durham location and one of Durham's most coveted neighborhoods, Old North Durham. Quite literally a hop, skip, and a jump away (0.3 miles) from Hutchins, Fullsteam, MotorCo, and so much more that Downtown Durham has to offer. Downstairs (unit C) boasts 9 foot ceilings, lovely sun room, original french doors and hardwoods, 2 full bathrooms, graciously sized primary bedroom, living room, and dining room. Upstairs (unit A and B) are accessed by side door with a shared stairwell. Unit B is a sun-soaked 300 square foot studio, don't let the size fool you, unit B has a full size stove and sink, walk in closet, and spacious bathroom. 3 separate electric meters, one water meter.

Details

Property type

Single Family Residence

Est. home value

$595,304

Lot size

5,227.2 sq ft

Price per sq ft

$302

Year built

1920

Annual property taxes

$6,209.01

Price History

03/14/2025
TriangleMLS

TriangleMLS #10082452

Listed
$829,000
+483.8%
08/20/1999
TriangleMLS

TriangleMLS #518901

Sold
$142,000

Schools & Community

Neighborhood: 

Old North Durham

Elementary school: 

Durham - George Watts

Middle school: 

Durham - Brogden

High school: 

Durham - Riverside

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

$442,739
Asking price
$829,000
Closing costs (~8% of asking)
-$66,320
Est. remaining loan balance
-$319,941
Cash to seller
$442,739

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

Seller’s Loan History

Lender

Corporate Investors Mortgage Group Inc

Loan start date

March 2020

Original loan amount

$356,250

Est. remaining balance

$319,941

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Mark William Hove and Kaitlyn Denise Hove

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: 03/14/2025 at 7:00 PM

Listing updated: 03/14/2025 at 5:31 PM

Listed by: Kenneth Martin Jackson, Nest Realty of the Triangle Phone #: (919) 493-8383

MLS: TriangleMLS #10082452

TriangleMLS logo

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