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$370,000

Beds
4
Baths
2.5
sq ft
1,640

2913 Wadsworth Avenue, Durham, NC 27707

2913 Wadsworth Avenue

Durham, NC 27707

  • 383 days on market
    • Price drop $80,000↓
UPDATE 3/17/2025: An agreement has been reached with the neighbor regarding a driveway encroachment. A Re-Combination Survey has been completed and has been submitted to the city for approval. Once that is obtained, a partial release from the neighbor's mortgage company needs to be obtained. Buyer is advised to investigate now and make an offer AFTER Full approval is reached. Attention LAND DEVELOPERS: 3 Acres in the city with NO HOA!!! City Water & Sewer. Home was previously used as a licensed Group Home Facility and is now vacant. This home is on 2 acres and is to be sold with an adjacent 1 acre lot for a total of three acres. The address for the vacant lot is 250 Barnhill Street (MLS# 10082880). Note that the first floor ceiling height is seven feet and the second floor is eight feet. The second floor has a private external stairwell to the ground level (this was a requirement for the group home. Unknown if permits were obtained). Home will need major updating and possibly some repairs, or be a tear-down. Sold as-is. Seller to make no repairs or concessions for repairs. Note that there is a sewer easement across part of the property, and the far back right corner may be in a flood plain. See attached documents.

Details

Property type

Single Family Residence

Est. home value

$435,548

Lot size

2.0 acres

Price per sq ft

$226

Year built

1996

Annual property taxes

$2,715

Price History

03/17/2025
TriangleMLS

TriangleMLS #10016695

Price change
$370,000
-11.9%
08/25/2024
TriangleMLS

TriangleMLS #10016695

Removed
$420,000
08/23/2024
TriangleMLS

TriangleMLS #10016695

Listed
$420,000

Schools & Community

Neighborhood: 

Hope Valley

Elementary school: 

Durham - Southwest

Middle school: 

Durham - Githens

High school: 

Durham - Jordan

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Argent Mortgage Company Llc

Loan start date

May 2005

Original loan amount

$165,000

Est. remaining balance

Not provided

Interest rate

7.9%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Thomas B Bass Jr and Cleaster F Bass

Lender

New Century Mtg Corp

Loan start date

May 1998

Original loan amount

$32,400

Est. remaining balance

$7,378

Interest rate

7.08%

Loan type

Not Provided, 30 year

Seller

Thomas B Bass Jr

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: 03/30/2025 at 8:20 PM

Listing updated: 03/25/2025 at 9:21 AM

Listed by: Larry Opanasenko, Sewell Realty Group Phone #: (919) 961-3765

MLS: TriangleMLS #10016695

TriangleMLS logo

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