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$325,000

Beds
2
Baths
2.5
sq ft
1,328

401 Finsbury Street Unit 202, Durham, NC 27703

401 Finsbury Street Unit 202

Durham, NC 27703

  • Pending
    • Price drop $15,000↓
Perfectly positioned in the heart of RTP between Durham, Chapel Hill and Raleigh, this 2 bedroom condo won't disappoint. Whether you're looking for a place to call your own or an opportunity to build your investment portfolio, with an open layout and plenty of natural light this is the perfect place to retreat after a day's work. A sleek kitchen with granite countertops and stainless appliances, crown molding throughout, and a half bath for guests. Both bedrooms are bright, spacious and have their own private bathrooms. Enjoy the covered balcony with a cup of coffee or entertaining friends while overlooking beautiful trees and open space. In your time off take a dip in the pool, take a cruise on the paved walking trails, or grill out at the neighborhood gazebo. Minutes to Southpoint Mall, Boxyard, Research Triangle Park, restaurants , and Wegmans too!

Details

Property type

Condominium

Est. home value

$330,649

Lot size

Unknown

Price per sq ft

$245

Year built

2006

Annual property taxes

$2,431

Monthly HOA fee

$270.83

Price History

08/27/2024
TriangleMLS

TriangleMLS #10030617

Pending
$325,000
07/27/2024
TriangleMLS

TriangleMLS #10030617

Price change
$325,000
-4.41%
05/20/2024
TriangleMLS

TriangleMLS #10030617

Listed
$340,000
+19.93%

Schools & Community

Elementary school: 

Durham - Parkwood

Middle school: 

Durham - Lowes Grove

High school: 

Durham - Hillside

Community features: 

Pool, Street Lights

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

$198,060
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$100,940
Cash to seller
$198,060

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 2020

Original loan amount

$111,326

Est. remaining balance

$100,940

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Theresa Olson and Ryan C Douglas

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: Pending/Under Contract

Tomo last checked: 10/01/2024 at 7:10 AM

Listing updated: 09/12/2024 at 11:29 AM

Listed by: Rebecca Ellis, Keller Williams Preferred Realty Phone #: (919) 471-8000

MLS: TriangleMLS #10030617

TriangleMLS logo

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