tomo logo

$350,000

Beds
2
Baths
2.0
sq ft
1,234

2214 Umstead Road, Durham, NC 27712

2214 Umstead Road

Durham, NC 27712

  • <1 day on market
Craving an easy commute while also having your own little nature haven? Grab this tranquil home in a great upcoming neighborhood before it's gone. This property has a serene country vibe with the features of being close to town. If you've been desiring your own little slice of NC living this cute 2/2 with BONUS ROOM is nestled on 1.67 acres with no restrictions is a hidden gem! Updated spacious kitchen and living area with plenty of room to entertain and gather. Carport includes storage great for workshopping, gardening, you name it. Connect with nature while being only 13 minutes from Duke University. Best of both worlds!

Details

Property type

Single Family Residence

Est. home value

$304,574

Lot size

1.67 acres

Price per sq ft

$284

Year built

1952

Annual property taxes

$1,493

Price History

01/10/2025
TriangleMLS

TriangleMLS #10070235

Listed
$350,000
-10.83%
04/08/2021
TriangleMLS

TriangleMLS #2373163

Sold
$392,500
+161.67%
06/25/2001
TriangleMLS

TriangleMLS #518111

Sold
$150,000

Schools & Community

Neighborhood: 

Willowhaven

Elementary school: 

Durham - Easley

Middle school: 

Durham - Carrington

High school: 

Durham - Northern

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

$105,167
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$216,833
Cash to seller
$105,167

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2023

Original loan amount

$220,924

Est. remaining balance

$216,833

Interest rate

6.65%

Loan type

FHA, 30 year

Seller

Michael Allen Dean

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: 01/10/2025 at 5:05 PM

Listing updated: 01/10/2025 at 4:31 PM

Listed by: Sarai Peotdi, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: TriangleMLS #10070235

TriangleMLS logo

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