tomo logo

$415,000

Beds
3
Baths
1.0
sq ft
924

2605 Elgin Street, Durham, NC 27704

2605 Elgin Street

Durham, NC 27704

  • 5 days on market
Looking for a great location within popular Northgate Park? Look no further than 2605 Elgin Street - only one home removed from the tennis-court side of NGP. What does this mean? You don't need to pack a bag, hop in the car, or even bicycle to be at the park within 1 minute to check out Food Truck Rodeos, play tennis, enjoy events, meet friends - you name it! 2605 Elgin itself offers a unique level of variety with a serene sunroom to enjoy your morning coffee, an expansive deck overlooking the firepit in the fenced-in backyard, a finished second floor can be a 3rd bedroom, yoga/music studio, writer's nook (you choose!), and don't forget a huge wired shed with a loft. Each space offers the flexibility for work, play, entertaining, relaxation and reflection. With the front facing East, tons of natural light spills in through the double-pane windows, adding warmth to the beautiful original hardwood floors and smooth ceilings. This home was fully repainted on the exterior (2022), extensive waterproofing completed & sump pump added (2014), roof shingles replaced (2023), interior painted (last week). Additional local hotspots nearby: The Museum of Life & Science (0.5 miles), King's Grocery (0.7 miles), Omie's Cafe (0.6 miles), Duke Regional Hospital (1.5 miles), Duke University (3.1 miles), and downtown Durham is an easy & enjoyable 1.7 mile stroll along the Ellerbee Creek Trail. Come check out this great opportunity!

Details

Property type

Single Family Residence

Est. home value

$335,892

Lot size

6,969.6 sq ft

Price per sq ft

$450

Year built

1946

Annual property taxes

$1,990.86

Price History

06/27/2024
TriangleMLS

TriangleMLS #10037948

Listed
$415,000
+118.54%
05/16/2014
TriangleMLS

TriangleMLS #1932690

Sold
$189,900

Schools & Community

Neighborhood: 

Northgate Park

Elementary school: 

Durham - Glenn

Middle school: 

Durham - Brogden

High school: 

Durham - Riverside

Community features: 

Park, Playground, Sidewalks, 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

$261,151
Asking price
$415,000
Closing costs (~8% of asking)
-$33,200
Est. remaining loan balance
-$120,649
Cash to seller
$261,151

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

Seller’s Loan History

Lender

On Q Financial Inc

Loan start date

May 2014

Original loan amount

$151,920

Est. remaining balance

$120,649

Interest rate

4.32%

Loan type

New Conventional, 30 year

Seller

Hillary Beth Rubesin

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: 07/02/2024 at 8:00 PM

Listing updated: 07/01/2024 at 9:13 AM

Listed by: Andrew Johnston, Keller Williams Elite Realty Phone #: (984) 244-5830

MLS: TriangleMLS #10037948

TriangleMLS logo

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