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$292,941Estimated home value

Beds
2
Baths
1.0
sq ft
700

305 Rainbow Way, Durham, NC 27707

305 Rainbow Way

Durham, NC 27707

  • Off market
    • Price drop $14,900↓
Cute Bungalow in Popular Rockwood! Hardwoods throughout, New Windows, fenced in private back yard and very close to restaurants and shops! Very convenient to Downtown Durham and Duke! Freshly painted and move in ready!

Details

Property type

Single Family Residence

Est. home value

$292,941

Lot size

8,276.4 sq ft

Price per sq ft

$450

Year built

1948

Annual property taxes

$2,133

Price History

08/08/2024
TriangleMLS

TriangleMLS #10032875

Removed
$315,000
06/20/2024
TriangleMLS

TriangleMLS #10032875

Price change
$315,000
-4.52%
06/01/2024
TriangleMLS

TriangleMLS #10032875

Listed
$329,900
+13.37%

Schools & Community

Neighborhood: 

Long Meadow

Elementary school: 

Durham - Lakewood

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

State Employees Cu

Loan start date

January 2023

Original loan amount

$190,000

Est. remaining balance

Not provided

Interest rate

6.33%

Loan type

Credit Line (Revolving)

Seller

Nicholas Joseph Galvez

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: Off Market

Tomo last checked: 10/05/2024 at 9:50 PM

Listing updated: 06/20/2024 at 6:15 PM

Listed by: Emily B Massey, Massey Real Estate, LLC Phone #: (919) 401-5200

MLS: TriangleMLS #10032875

TriangleMLS logo

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