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$339,000

Beds
2
Baths
1.0
sq ft
952

3407 Guess Road, Durham, NC 27705

3407 Guess Road

Durham, NC 27705

  • 35 days on market
    • Price drop $10,000↓
They don't build them like this anymore! Original hardwood flooring preserves the charm of this 1937 bungalow. Situated on a large lot, which extends past the fence line, the property lends to ample privacy and potential for growth. The lush backyard is outfitted with a patio with a built-in fire pit, a custom shed and chicken coop combo and lots of additional space to make it your own! Nestled in the heart of North Durham, this house is conveniently accessible to downtown and I-85. *INVESTORS: POTENTIAL TO SUBDIVIDE AND KEEP EXISTING HOME WHILE BUILDING 1 TO 2 ADDITIONAL HOUSES* **Survey has been added** Notable enhancements: New roof and modern kitchen remodel in 2019, crawlspace vapor barrier replaced in 2021, and front porch refinished in 2024. All appliances convey.

Details

Property type

Single Family Residence

Est. home value

$282,666

Lot size

0.53 acres

Price per sq ft

$357

Year built

1937

Annual property taxes

$1,930.09

Price History

10/31/2024
TriangleMLS

TriangleMLS #10055574

Price change
$339,000
-2.87%
10/01/2024
TriangleMLS

TriangleMLS #10055574

Listed
$349,000
+96.62%
01/04/2019
TriangleMLS

TriangleMLS #2224690

Sold
$177,500
+54.35%

Schools & Community

Neighborhood: 

Omah Street

Elementary school: 

Durham - Holt

Middle school: 

Durham - Brogden

High school: 

Durham - Riverside

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

$159,837
Asking price
$339,000
Closing costs (~8% of asking)
-$27,120
Est. remaining loan balance
-$152,043
Cash to seller
$159,837

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

Seller’s Loan History

Lender

Corporate Investors Mortgage Group Inc

Loan start date

January 2019

Original loan amount

$168,625

Est. remaining balance

$152,043

Interest rate

4.94%

Loan type

New Conventional, 30 year

Seller

Robert Lynn Spicher and Sally Jo Spicher

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: 11/05/2024 at 8:40 AM

Listing updated: 11/04/2024 at 3:26 AM

Listed by: Tung Vu, West & Woodall Real Estate - D Phone #: (919) 382-2000

MLS: TriangleMLS #10055574

TriangleMLS logo

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