tomo logo

$842,000

Beds
4
Baths
3.5
sq ft
3,870

5 Teahouse Court, Durham, NC 27707

5 Teahouse Court

Durham, NC 27707

  • Coming soon
    • Open house Jan 11
Don't miss this rare opportunity to own in Marena Place! This quality-built executive-style David Weekely home features 4 bedrooms and 3.5-bathrooms and has everything you could want. The open and spacious floorplan boasts of 10-foot ceilings on the main level and 10-foot ceilings on the second level! All the features on the main level include: a formal entry, a separate living room, a formal dining room, an eat-in kitchen that opens to the family room, a main-level guest suite and a powder room. Take the beautiful, curved staircase upstairs and you will enjoy even more space on the second level: a bonus room for relaxing and hobbies, a spacious primary bedroom (extra reading area) with a large en-suite, separate vanities and a soaking tub, and a walk-in closet with organizers. Two additional bedrooms joined by a Jack-n-Jill bathroom. Doing laundry is a breeze in the upstairs laundry room. This home is located on a cul-de-sac location and the orientation maximizes interior privacy while allowing for outdoor activities. Enjoy the outdoors from your screened-in porch. The spacious fenced-in yard offers ample privacy for all your outside activities. Some of the many features include large windows allowing for abundant natural light, trey ceilings in the dining room and primary bedroom, wood flooring on the main level, fresh interior paint, interior shutters, a two-car attached garage, private yard, no HOA Dues, new HVAC (2024), newer water heater (2021), newer stove-top with down draft fan & much more! Ideally located near I40, Duke, UNC, Shopping, Schools, Ephesus Park, RTP & More! Hurry, this opportunity won't last long. **New HVAC both units (2024)** Newer Water Heater (2021)** Guest Suite on Main Level** Newer Stovetop with Downdraft Fan** Fresh Interior Paint** 10 Ft Ceilings both levels** Wood Flooring on Main Level & Stairs** Large Primary Bed w/ Reading Area** Walk-in Closet with Organizers** Trey Ceilings** Interior Shutters** Screened-in Porch** Private Fenced Yard** Private Orientation** Cul-de-sac Location** No HOA Dues**

Details

Property type

Single Family Residence

Est. home value

$781,732

Lot size

0.27 acres

Price per sq ft

$218

Year built

2006

Annual property taxes

$5,347

Price History

10/19/2018
TriangleMLS

TriangleMLS #2193332

Sold
$485,000
-9.43%
01/05/2007
TriangleMLS

TriangleMLS #868917

Sold
$535,495

Schools & Community

Elementary school: 

Durham - Creekside

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

$453,653
Asking price
$842,000
Closing costs (~8% of asking)
-$67,360
Est. remaining loan balance
-$320,987
Cash to seller
$453,653

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

Seller’s Loan History

Lender

Stearns Lending Llc

Loan start date

November 2021

Original loan amount

$345,000

Est. remaining balance

$320,987

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Vikram Kanteti and Praveena M Kanteti

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?

Status: Coming Soon

Tomo last checked: 01/09/2025 at 3:55 AM

Listing updated: 01/08/2025 at 5:15 PM

Listed by: Jackie Romant, Coldwell Banker - HPW Phone #: (919) 960-6300

MLS: TriangleMLS #10069721

TriangleMLS logo

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