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$769,000

Beds
3
Baths
2.5
sq ft
2,146

307 Mallard Avenue, Durham, NC 27701

307 Mallard Avenue

Durham, NC 27701

  • 4 days on market
Urban living meets laid-back charm! Built in 2016, this craftsman-style Smart Home is all about comfort, convenience, and a touch of downtown DURM cool. The open living area transforms from light filled days to cozy nights with programmable Somfy shades and Nest Thermostats. The kitchen is a chefs sanctuary, featuring granite countertops, stainless steel Energy Star appliances, pot filler, microwave oven drawer and plenty of cabinetry and pantry space for storage. The primary has a private porch, luxury ensuite bath with soaking tub, rain shower and walk in closet. Hardwoods throughout! Built-in storage! Enjoy outdoor living in the large backyard, a rare find in downtown Durham! Fully fenced-in and features a partially covered deck, raised garden beds and a storage shed. This ONE is everything you have dreamed of just blocks to shops, acclaimed restaurants, the DPAC and Major Bull!

Details

Property type

Single Family Residence

Est. home value

$739,316

Lot size

5,227.2 sq ft

Price per sq ft

$359

Year built

2016

Annual property taxes

$5,054.37

Price History

06/28/2024
TriangleMLS

TriangleMLS #10038325

Listed
$769,000
+47.88%
02/28/2020
TriangleMLS

TriangleMLS #2283478

Sold
$520,000

Schools & Community

Neighborhood: 

Cleveland-Holloway

Elementary school: 

Durham - George Watts

Middle school: 

Durham - Brogden

High school: 

Durham - Northern

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

$398,220
Asking price
$769,000
Closing costs (~8% of asking)
-$61,520
Est. remaining loan balance
-$309,260
Cash to seller
$398,220

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

February 2020

Original loan amount

$338,000

Est. remaining balance

$309,260

Interest rate

3.74%

Loan type

New Conventional, 30 year

Seller

Michael Christopher Williams and Ericka Pearce

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: 07/02/2024 at 7:15 PM

Listing updated: 07/01/2024 at 3:53 AM

Listed by: Elizabeth Ferrel, Nest Realty of the Triangle Phone #: (919) 493-8383

MLS: TriangleMLS #10038325

TriangleMLS logo

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