tomo logo

$330,000

Beds
1
Baths
1.0
sq ft
818

500 North Duke Street Unit 55-105, Durham, NC 27701

500 North Duke Street Unit 55-105

Durham, NC 27701

  • 64 days on market
    • Price drop $10,000↓
Opportunity! 1 bedroom first floor condo in the highly desirable Bullington Warehouses! Renovated!! You will love the beautiful, updated kitchen with new cabinetry and granite counters and updated appliances. Soaring ceilings and exposed brick make this condo perfect for your art and décor. Cool bedroom with double closets and with separate area for yoga/exercise. Good storage! Amenities include secure entry, community room includes kitchen, seating areas, desk, media and bathroom - perfect for entertaining or just joining your neighbors. Also see the laundry area with washing machines, dryers, bicycle storage, Small fenced dog run and... outdoor patio space and raised deck with seating - with grills and tables. Generous parking for you and your visitors. Short walk to exciting downtown Durham and its many restaurants and night life - entertainment!

Details

Property type

Condominium

Est. home value

$354,862

Lot size

Unknown

Price per sq ft

$404

Year built

1927

Annual property taxes

$4,069.62

Monthly HOA fee

$353.21

Price History

11/13/2024
TriangleMLS

TriangleMLS #10058805

Price change
$330,000
-2.94%
10/17/2024
TriangleMLS

TriangleMLS #10058805

Listed
$340,000
-6.85%
09/07/2024
TriangleMLS

TriangleMLS #10029996

Removed
$365,000

Schools & Community

Neighborhood: 

Warehouse District

Elementary school: 

Durham - George Watts

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

$189,546
Asking price
$330,000
Closing costs (~8% of asking)
-$26,400
Est. remaining loan balance
-$114,054
Cash to seller
$189,546

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

December 2020

Original loan amount

$125,000

Est. remaining balance

$114,054

Interest rate

2.84%

Loan type

New Conventional, 30 year

Seller

Germaine F Brewington

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: 12/21/2024 at 1:30 PM

Listing updated: 12/18/2024 at 1:54 PM

Listed by: Susan A Richter, Berkshire Hathaway HomeService Phone #: (919) 383-4663

MLS: TriangleMLS #10058805

TriangleMLS logo

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