tomo logo

$410,000

Beds
3
Baths
2.0
sq ft
1,785

302 Chestnut Oak Place, Durham, NC 27704

302 Chestnut Oak Place

Durham, NC 27704

  • 33 days on market
    • Price drop $5,000↓
    • Open house Oct 31
Welcome to this desirable 3-bedroom, 2-bath ranch home in Cardinal Oaks! The inviting open layout features a spacious dining room, cozy gas fireplace in the family room. The kitchen has stainless steel appliances, granite countertops, and the refrigerator conveys with the property. The primary en-suite boasts a tiled walk-in shower, dual sink vanity, and a large walk-in closet for ample storage. Enjoy the convenience of a laundry room and the elegance of hardwood flooring in the common areas. Step outside to the large covered porch and relax in the level backyard—ideal for entertaining or peaceful moments. Don't miss the opportunity to make this home yours!

Details

Property type

Single Family Residence

Est. home value

$382,479

Lot size

6,969.6 sq ft

Price per sq ft

$230

Year built

2016

Annual property taxes

$3,032.63

Monthly HOA fee

$41.67

Price History

10/04/2024
TriangleMLS

TriangleMLS #10054857

Price change
$410,000
-1.2%
09/26/2024
TriangleMLS

TriangleMLS #10054857

Listed
$415,000
+62.75%
05/28/2020
TriangleMLS

TriangleMLS #2313163

Sold
$255,000

Schools & Community

Elementary school: 

Durham - Glenn

Middle school: 

Durham - Neal

High school: 

Durham - Southern

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

$152,606
Asking price
$410,000
Closing costs (~8% of asking)
-$32,800
Est. remaining loan balance
-$224,594
Cash to seller
$152,606

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

May 2020

Original loan amount

$247,350

Est. remaining balance

$224,594

Interest rate

3.36%

Loan type

New Conventional, 30 year

Seller

Gloria Cooper Sheppard and Lia Sheppard Gilliom

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: 10/29/2024 at 10:20 PM

Listing updated: 10/29/2024 at 2:01 PM

Listed by: LaKecia Richardson, Keller Williams Preferred Realty Phone #: (919) 471-8000

MLS: TriangleMLS #10054857

TriangleMLS logo

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