tomo logo

$1,299,000

Beds
5
Baths
3.0
sq ft
2,712

323 Andrews Chapel Road, Durham, NC 27703

323 Andrews Chapel Road

Durham, NC 27703

  • 139 days on market
    • Price drop $100,000↓
COMPLETELY RENOVATED & UPGRADED RANCH STYLE SITUATED ON NEARLY 5 ACRES JUST FEW BLOCKS AWAY FROM GLENWOOD & BRIER CREEK PARKWAY. CURRENT OWNERS MAKING $300 TO $600 PER NIGHT ON AIRBNB. INDOORS FEATURES 5 BEDROOMS, 3 FULL BATHROOMS, HARDWOOD FLOORS IN MAIN AREAS & TILE IN KITCHEN, GOURMET KITCHEN WITH UPGRADED HIGH IN APPLIANCES, GRANITE TOPS, REMODELED BATHROOMS & A LARGE MASTER SUITE, CROWN MOLDING & WOODEN FRAMING IN MAIN LIVING AREAS AND CEILINGS. OUTDOORS FEATURES AN EXTENSIVE PROPERTY LOT WITH 716 FT OF FRONTAGE & IS A LOCATION OPPORTUNITY FOR DEVELOPERS. POTENTIAL REZONING TO BUILD TOWNHOUSES OR SINGLE FAMILY HOMES. PROPERTY HAS A BEAUTIFUL MAN MADE POND, 2 BARNS & MORE. LOCATED ACROSS STREET FROM MONTESSORI SCHOOL IN A GROWING AREA, NEAR RDU AIRPORT, SHOPS, MALLS AND MORE. EASY TO SHOW, SCHEDULE YOUR VISIT ASAP AND SHOW IT WITH CONFIDENCE.

Details

Property type

Single Family Residence

Est. home value

$1,448,469

Property condition

Updated/Remodeled

Lot size

4.59 acres

Price per sq ft

$479

Year built

1934

Annual property taxes

$287,702

Price History

03/05/2024
TriangleMLS

TriangleMLS #10011565

Price change
$1,299,000
-7.15%
02/14/2024
TriangleMLS

TriangleMLS #10011565

Listed
$1,399,000
02/09/2024
TriangleMLS

TriangleMLS #10003352

Removed
$1,399,000

Schools & Community

Elementary school: 

Durham - Oakgrove

Middle school: 

Durham - Neal

High school: 

Durham - Southern

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

Provident Funding Associates Lp

Loan start date

November 2021

Original loan amount

$282,800

Est. remaining balance

$266,293

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Naraida G Balajonda

Lender

Movement Mortgage

Loan start date

March 2019

Original loan amount

$240,000

Est. remaining balance

$217,011

Interest rate

4.45%

Loan type

New Conventional, 30 year

Seller

Naraida Balajonda and Elmer Balajonda

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 7:05 PM

Listing updated: 06/10/2024 at 5:03 PM

Listed by: Martin Verdi, Compass -- Raleigh Phone #: (919) 726-6548

MLS: TriangleMLS #10011565

TriangleMLS logo

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