tomo logo

$335,000

Beds
2
Baths
2.5
sq ft
1,298

231 Grey Elm Trail, Durham, NC 27713

231 Grey Elm Trail

Durham, NC 27713

  • 10 days on market
Welcome to 231 Grey Elm, a beautifully updated townhome located in the highly desirable Hope Valley Farms neighborhood. This charming home features two spacious bedrooms and 2.5 bathrooms, offering a comfortable layout that suits a variety of lifestyles. Step inside to discover a freshly updated interior with too many enhancements to list. The kitchen is a true highlight, with new countertops, a modern sink, and stylish fixtures that create a bright and inviting space for cooking and entertaining. Both bathrooms have been thoughtfully renovated, featuring new vanities, sleek fixtures, and contemporary flooring that elevate the overall design. The open-concept downstairs area is perfect for entertaining. The living room, dining area, and kitchen flow seamlessly together, providing an ideal space for gatherings, family time, or simply relaxing in comfort. From the kitchen, step out onto the patio, where you can enjoy the outdoors, whether you're hosting a barbecue or unwinding after a long day. Nestled in the peaceful Hope Valley Farms community, this townhome offers both tranquility and convenience, with easy access to shopping, dining, and outdoor recreation. 231 Grey Elm is the perfect blend of modern updates and functional living in one of the area's most sought-after neighborhoods.

Details

Property type

Townhouse

Est. home value

$311,749

Lot size

1,306.8 sq ft

Price per sq ft

$259

Year built

2005

Annual property taxes

$2,131.05

Monthly HOA fee

$158

Price History

11/13/2024
TriangleMLS

TriangleMLS #10063059

Listed
$335,000
+34%
06/24/2021
TriangleMLS

TriangleMLS #2385003

Sold
$250,000

Schools & Community

Neighborhood: 

Hope Valley Farms

Elementary school: 

Durham - Murray Massenburg

Middle school: 

Durham - Githens

High school: 

Durham - Jordan

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

$134,516
Asking price
$335,000
Closing costs (~8% of asking)
-$26,800
Est. remaining loan balance
-$173,684
Cash to seller
$134,516

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

Seller’s Loan History

Lender

Allen Tate Mortgage Partners Llc

Loan start date

June 2021

Original loan amount

$200,000

Est. remaining balance

$173,684

Interest rate

2.98%

Loan type

New Conventional, 20 year

Seller

Honora Basilion and Nicholas Basilion

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: 11/23/2024 at 10:20 AM

Listing updated: 11/13/2024 at 7:52 PM

Listed by: Amanda R Baker, Allen Tate / Durham Phone #: (919) 913-4990

MLS: TriangleMLS #10063059

TriangleMLS logo

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