tomo logo

$450,000

Beds
3
Baths
2.5
sq ft
1,559

3 Madeira Court, Durham, NC 27713

3 Madeira Court

Durham, NC 27713

  • 25 days on market
Welcome to 3 Madeira Court, Durham! This charming residence boasts a refreshed interior with freshly painted walls throughout and brand new carpeting, presenting an inviting space for its new owners. The first floor showcases stylish and low-maintenance LVP flooring, complementing the spacious family room and a bright kitchen with a cozy breakfast area. Upstairs, you'll find three generously sized bedrooms and two baths, including an impressive owner's suite complete with a convenient walk-in closet. This home offers a blend of comfort, functionality, and modern appeal, making it an ideal choice for discerning buyers seeking a move-in ready property in Durham. Very close proximity to Piney Wood Park and Dog Park which are adjacent to Neighborhood entrance. Close to shopping, restaurants, Health facilities and major highways.

Details

Property type

Single Family Residence

Est. home value

$436,529

Lot size

6,969.6 sq ft

Price per sq ft

$289

Year built

1996

Annual property taxes

$2,855.31

Monthly HOA fee

$30.07

Price History

06/12/2024
TriangleMLS

TriangleMLS #10035067

Listed
$450,000
+57.89%
03/19/2020
TriangleMLS

TriangleMLS #2296001

Sold
$285,000
+29.25%
02/03/2017
TriangleMLS

TriangleMLS #2102394

Sold
$220,500

Schools & Community

Neighborhood: 

Woodlake

Elementary school: 

Durham - Pearsontown

Middle school: 

Durham - Lowes Grove

High school: 

Durham - Hillside

Community features: 

Playground, Pool

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

$183,761
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$230,239
Cash to seller
$183,761

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

February 2020

Original loan amount

$252,000

Est. remaining balance

$230,239

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

William A Coats and Elen M Coats

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 5:30 PM

Listing updated: 06/14/2024 at 9:04 PM

Listed by: Wesley Carter, Fonville Morisey/Cary Sales Phone #: (919) 859-0800

MLS: TriangleMLS #10035067

TriangleMLS logo

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