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$750,000

Beds
4
Baths
3.5
sq ft
3,256

5 Falcon Nest Court, Durham, NC 27713

5 Falcon Nest Court

Durham, NC 27713

  • 10 days on market
Dream house located on an acre in Hope Valley Farms. Perfectly situated on a cul-de-sac abutting Third Fork Creek Trail. Attached one bedroom apartment with its own kitchen, living room, & bathroom is perfect for in-laws, an au-pair, guests, or as an income generating asset. Beautiful main house is filled with natural light & features hardwood floors & spacious rooms. Kitchen offers tons of cabinet & countertop space and is open to the dining room & deck. HUGE unfinished basement and walk-in attic space offer plenty of storage or expansion possibilities. 5 Falcon Nest is unlike any other house you will find & combines the best of everything. Come see for yourself!

Details

Property type

Single Family Residence

Est. home value

$716,303

Lot size

0.96 acres

Price per sq ft

$231

Year built

1993

Annual property taxes

$5,505

Monthly HOA fee

$20

Price History

06/22/2024
TriangleMLS

TriangleMLS #10037339

Listed
$750,000
+7.13%
03/30/2023
TriangleMLS

TriangleMLS #2495734

Sold
$700,100

Schools & Community

Neighborhood: 

Hope Valley Farms

Elementary school: 

Durham - Murray Massenburg

Middle school: 

Durham - Githens

High school: 

Durham - Jordan

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

$35,040
Asking price
$750,000
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$654,960
Cash to seller
$35,040

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2023

Original loan amount

$665,000

Est. remaining balance

$654,960

Interest rate

6.13%

Loan type

New Conventional, 30 year

Seller

Jonathan Edward Stinson and Melissa Perkins Stinson

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 7:55 PM

Listing updated: 07/02/2024 at 4:03 PM

Listed by: Mariana A Byrd, Urban Durham Realty Phone #: (919) 237-3701

MLS: TriangleMLS #10037339

TriangleMLS logo

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