tomo logo

$319,900

Beds
2
Baths
1.0
sq ft
700

305 Rainbow Way, Durham, NC 27707

305 Rainbow Way

Durham, NC 27707

  • 23 days on market
Adorable 2 bed, 1 bath bungalow in the heart of Durham! Fresh paint, hardwoods throughout, large fenced in yard, solid surface countertops, all appliances convey! Super convenient to restaurants, shops and Downtown Durham!

Details

Property type

Single Family Residence

Est. home value

$292,941

Lot size

8,276.4 sq ft

Price per sq ft

$457

Year built

1948

Annual property taxes

$2,133

Price History

10/22/2024
TriangleMLS

TriangleMLS #10059457

Listed
$319,900
+1.56%
08/08/2024
TriangleMLS

TriangleMLS #10032875

Removed
$315,000
06/20/2024
TriangleMLS

TriangleMLS #10032875

Price change
$315,000
-4.52%

Schools & Community

Neighborhood: 

Long Meadow

Elementary school: 

Durham - Lakewood

Middle school: 

Durham - Rogers-Herr

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?

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Status: Active

Tomo last checked: 11/14/2024 at 11:25 AM

Listing updated: 10/21/2024 at 9:00 PM

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

MLS: TriangleMLS #10059457

TriangleMLS logo

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