tomo logo

$337,000

Beds
3
Baths
2.0
sq ft
1,296

415 Melbourne Street, Durham, NC 27703

415 Melbourne Street

Durham, NC 27703

  • 52 days on market
    • Price drop $3,000↓
Motivated Sellers!!! This gorgeous, one-story living, open-concept ranch home welcomes you with tons of natural light and well-appointed updates. This home was renovated in 2022 and features a beautiful kitchen with granite counters, tile backsplash, updated light fixtures, and stainless steel appliances. Enjoy the large and tranquil primary bedroom with a lovely ensuite bathroom at the back of the home. Down the hall, you'll also find two spacious secondary bedrooms, an updated secondary bathroom, and a laundry room. Outside, enjoy entertaining or relaxing in the large, fenced-in backyard, complete with a shed for storage, projects, or extra space! Additional updates include updated light fixtures, newer roof (2022), newer water heater (2022), new HVAC (2024), and new windows (2023). No HOA! Minutes from restaurants & shopping at Brier Creek & Downtown Durham!

Details

Property type

Single Family Residence

Est. home value

$302,401

Lot size

0.23 acres

Price per sq ft

$261

Year built

1993

Annual property taxes

$1,745

Price History

02/14/2025
TriangleMLS

TriangleMLS #10068765

Price change
$337,000
-0.88%
01/20/2025
TriangleMLS

TriangleMLS #10068765

Price change
$340,000
-1.45%
01/14/2025
TriangleMLS

TriangleMLS #10068765

Price change
$345,000
-1.43%

Schools & Community

Elementary school: 

Durham - Oakgrove

Middle school: 

Durham - Neal

High school: 

Durham - Southern

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

$34,305
Asking price
$337,000
Closing costs (~8% of asking)
-$26,960
Est. remaining loan balance
-$275,735
Cash to seller
$34,305

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

Seller’s Loan History

Lender

Goprime Mortgage Inc

Loan start date

October 2022

Original loan amount

$284,050

Est. remaining balance

$275,735

Interest rate

5.89%

Loan type

New Conventional, 30 year

Seller

Zachary Polak and Teague Murphy

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: 02/22/2025 at 11:25 PM

Listing updated: 02/18/2025 at 9:51 AM

Listed by: Beth Peterson, Costello Real Estate & Investm Phone #: (980) 938-8920

MLS: TriangleMLS #10068765

TriangleMLS logo

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