tomo logo

$405,000

Beds
1
Baths
1.0
sq ft
802

500 North Duke Street Unit 54-207, Durham, NC 27701

500 North Duke Street Unit 54-207

Durham, NC 27701

  • 3 days on market
Second story condo in wonderful historic warehouse building with large windows, original hardwoods, exposed brick, and high ceilings. Lots of updates including built-ins for Bedroom and Hallway, Full wall bookcase in Living Room, renovated Kitchen and Bath. Just a minute's walk to downtown and Farmer's Market, close to Duke and sooo many great restaurants!

Details

Property type

Condominium

Est. home value

$366,981

Lot size

Unknown

Price per sq ft

$505

Year built

1984

Annual property taxes

$3,822

Monthly HOA fee

$357.99

Price History

06/29/2024
TriangleMLS

TriangleMLS #10038580

Listed
$405,000
+41.11%
02/28/2020
TriangleMLS

TriangleMLS #2295507

Sold
$287,000
+33.49%
06/30/2016
TriangleMLS

TriangleMLS #2052459

Sold
$215,000

Schools & Community

Neighborhood: 

Warehouse District

Elementary school: 

Durham - E K Powe

Middle school: 

Durham - Brogden

High school: 

Durham - Riverside

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

$162,827
Asking price
$405,000
Closing costs (~8% of asking)
-$32,400
Est. remaining loan balance
-$209,773
Cash to seller
$162,827

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

February 2020

Original loan amount

$229,600

Est. remaining balance

$209,773

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

Margaret E Goodhand and Leslie F Jackson

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: Active

Tomo last checked: 07/02/2024 at 7:30 PM

Listing updated: 06/29/2024 at 12:04 PM

Listed by: Lou R Perron, West Durham Realty Phone #: (919) 286-9400

MLS: TriangleMLS #10038580

TriangleMLS logo

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