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$2,250,000

Beds
6
Baths
8.0
sq ft
9,785

2201 Wilshire Drive, Durham, NC 27707

2201 Wilshire Drive

Durham, NC 27707

  • 67 days on market
    • Price drop $100,000↓
From its immaculately landscaped surroundings to its profusion of details both large and small, 2201 Wilshire Drive is simply spectacular. Located on a desirable .91 acre secluded cul-de-sac homesite, this Forest Hills' home is less than a ¾ mile walk to the beautiful 45 acre+ Forest Hills Park. Durham Performing Arts Center, Durham Bulls Athletic Park, the Durham Farmers Market, and a plethora of award-winning restaurants are less than 3 miles away. Its location is as stellar as the home itself. The home has been renovated in 2018, 2020 and 2022 to provide for outstanding flow and for expanded living and entertaining space both indoors and outdoors. Consisting of 6 bedrooms, 7 full baths, and 2 half baths in 9,785 HSF, a welcoming covered front porch leads to a spacious foyer, flanked by the home's expansive main level living areas to the left and a private owner's wing to the right. The living space of the main floor includes an ample living room and adjoining keeping room, opening to a wonderful family room (20.8' x 48.2' and 11' ceiling) with a hidden bar and an abundance of windows overlooking a lush backyard. An epicurean kitchen, featuring a dumbwaiter to the lower level kitchen and a passthrough to the family room (among many other amenities), is positioned across from a lovely dining room and a huge walk-in pantry. Built-ins, gleaming hardwoods with artisan insets, a dazzling combo of marble/ceramic tile flooring, and patio access blend with these stunning living areas to deliver an entertainer's dream! In addition to an airy primary bedroom suite, the owner's wing is complete with a 2nd bedroom/study and tremendous walk-in closet storage with marvelous portions of cedar-lined shelving. Upstairs is home to 2 bedrooms with ensuite baths, closet storage galore, and an extralarge hobby room. The lower level of 2201 Wilshire Drive is truly special. A kitchen, den with dining nook, game room, and covered patio (with a hot tub) are adjacent to a fabulous outdoor pool, extending the home's entertaining options. Two additional bedrooms with a Jack and Jill bath allow for multigenerational living, and a sauna, an exercise/dance/yoga room, 2 baths convenient for pool use, a workshop, and loads of storage round out this floor. All this, plus a 3-car garage and numerous updates throughout make this home an irresistible opportunity. How do we adequately condense the many attributes of 2201 Wilshire Drive? We really cannot; the home is an absolute must-see. We do feel, however, that Classic Elegance is an apt description. We invite you to see this gem for yourself. Contact us for a private appointment.

Details

Property type

Single Family Residence

Est. home value

$2,143,681

Property condition

Updated/Remodeled

Lot size

0.91 acres

Price per sq ft

$230

Year built

1969

Annual property taxes

$16,642.18

Price History

05/28/2024
TriangleMLS

TriangleMLS #10026281

Price change
$2,250,000
-4.26%
05/01/2024
TriangleMLS

TriangleMLS #10026281

Listed
$2,350,000
+113.64%
06/23/2016
TriangleMLS

TriangleMLS #2056973

Sold
$1,100,000

Schools & Community

Neighborhood: 

Forest Hills

Elementary school: 

Durham - Spaulding

Middle school: 

Durham - Brogden

High school: 

Durham - Jordan

Community features: 

Park, Tennis Court(s)

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

$1,386,504
Asking price
$2,250,000
Closing costs (~8% of asking)
-$180,000
Est. remaining loan balance
-$683,496
Cash to seller
$1,386,504

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

Seller’s Loan History

Lender

Homeservices Lending Llc

Loan start date

June 2016

Original loan amount

$825,000

Est. remaining balance

$683,496

Interest rate

3.61%

Loan type

New Conventional, 30 year

Seller

Michael Sears and Debra Sears

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: 07/07/2024 at 3:25 PM

Listing updated: 07/06/2024 at 5:33 PM

Listed by: Sarah Artz, Berkshire Hathaway HomeService Phone #: (919) 383-4663

MLS: TriangleMLS #10026281

TriangleMLS logo

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