tomo logo

$374,900

Beds
3
Baths
2.5
sq ft
1,722

3431 Old Chapel Hill Road, Durham, NC 27707

3431 Old Chapel Hill Road

Durham, NC 27707

  • 72 days on market
    • Price drop $21,000↓
**Significant price reduction!** Indeed, this home sits on a small corner lot bordered by a main street, yet the location is excellent for graduate students or busy professionals seeking a low-maintenance property. The home boasts a two-story great room bathed in natural light and a dining room that serves as an ideal flex space for a home office or gaming area. It's freshly painted, featuring hardwood and laminate floors, an effortless layout, and modern stainless appliances—including a refrigerator, washer, and dryer—all included. The .16-acre lot is a low-upkeep yard and backs up to a wooded area that offers privacy. It's conveniently located near downtown Durham, Duke, and Chapel Hill, presenting a lucrative prospect for investors as well. Motivated Seller!

Details

Property type

Single Family Residence

Est. home value

$503,374

Lot size

6,969.6 sq ft

Price per sq ft

$218

Year built

2006

Annual property taxes

$4,169

Price History

12/23/2024
TriangleMLS

TriangleMLS #10057933

Price change
$374,900
-5.3%
12/09/2024
TriangleMLS

TriangleMLS #10057933

Price change
$395,900
-3.42%
12/01/2024
TriangleMLS

TriangleMLS #10057933

Price change
$409,900
-2.38%

Schools & Community

Neighborhood: 

Hope Valley

Elementary school: 

Durham - Hope Valley

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

December 2023

Original loan amount

$105,000

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

Credit Line (Revolving)

Seller

Samuel Carr

Lender

State Employees Cu

Loan start date

March 2021

Original loan amount

$70,000

Est. remaining balance

Not provided

Interest rate

2.8%

Loan type

Credit Line (Revolving)

Seller

Samuel Carr

Lender

Primary Residential Mortgage Inc

Loan start date

September 2015

Original loan amount

$185,948

Est. remaining balance

$150,451

Interest rate

4.09%

Loan type

FHA, 30 year

Seller

Samuel Carr

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?

Similar Homes Nearby

Price drop
TriangleMLS
$449,500
3 bd
|
2.5 ba
|
1,708 sq ft
|
House

123 Legacy Lane, Durham, NC 27713

TriangleMLS
$385,000
3 bd
|
2.5 ba
|
2,001 sq ft
|
House

1017 Gaston Avenue, Durham, NC 27707

TriangleMLS
$350,000
3 bd
|
2.5 ba
|
1,344 sq ft
|
House

2907 South Roxboro Street, Durham, NC 27707

Status: Active

Tomo last checked: 12/23/2024 at 2:00 PM

Listing updated: 12/23/2024 at 12:40 PM

Listed by: Beverly Reese, Trinity Real Estate Ventures Phone #: (919) 572-5351

MLS: TriangleMLS #10057933

TriangleMLS logo

Recently listed in Durham

$278,000|2 bd|1.0 ba|House
$499,990|2 bd|2.0 ba|House
$520,000|3 bd|2.5 ba|House
$489,530|5 bd|3.0 ba|House
$588,995|5 bd|4.0 ba|House
$399,900|3 bd|2.5 ba|Townhouse
$595,000|3 bd|2.5 ba|House
$399,900|4 bd|3.5 ba|House
$265,000|2 bd|2.5 ba|Condo