tomo logo

$429,000

Beds
4
Baths
1.5
sq ft
1,439

508 East Trinity Avenue, Durham, NC 27701

508 East Trinity Avenue

Durham, NC 27701

  • <1 day on market
    • Open house Apr 05
Welcome home to this beautifully updated bungalow filled with charm, warmth, and timeless character, located just one mile from the heart of downtown Durham. This spacious 4-bedroom, 1.5-bath home strikes the perfect balance between classic features with modern touches throughout. It's nestled in one of the city's most walkable and thriving neighborhoods. Natural light pours through the home, accentuating the original hardwood floors and a thoughtfully designed layout that feels both open and inviting. The kitchen offers stainless steel appliances, granite countertops, open shelving, new luxury vinyl plank flooring, and a separate dining area that serves as the perfect gathering place. Carefully curated finishes elevate both the comfort and style of the home. A new architectural shingle roof with a transferable warranty, a newer water heater, and refreshed light fixtures in the dining room, living room, and bedrooms create a fresh, updated atmosphere. These improvements seamlessly complement the home's original finishes, providing modern durability while preserving its timeless charm. Step outside, and you will fall in love with its spacious back deck that overlooks a beautifully landscaped yard filled with mature trees. Your own peaceful oasis in the middle of the city. In addition, you will discover an enlarged walk-in crawl space that offers excellent storage and provides the potential for creative use. This location is truly unbeatable. You're just a short stroll from Durham's most popular spots, including the farmer's market, Durham Central Park, Boxcar, DPAC, and an exciting mix of local coffee shops, breweries, and top-tier restaurants—some led by Michelin-starred chefs. With quick access to Duke University, RTP, major highways, and the scenic Tobacco Trail, daily convenience meets weekend adventure. The neighborhood is friendly, walkable, and rapidly growing, with new developments all around. Whether you're hosting a backyard gathering, enjoying a sunny afternoon on the deck, or heading out to explore downtown, this home offers the lifestyle and location you've been dreaming of.

Details

Property type

Single Family Residence

Est. home value

$436,540

Lot size

8,276.4 sq ft

Price per sq ft

$299

Year built

1950

Annual property taxes

$3,075

Price History

04/03/2025
TriangleMLS

TriangleMLS #10086888

Listed
$429,000
+110.81%
10/12/2017
TriangleMLS

TriangleMLS #2150332

Sold
$203,500
+66.8%
07/31/2009
TriangleMLS

TriangleMLS #1001336

Sold
$122,000

Schools & Community

Neighborhood: 

Old North Durham

Elementary school: 

Durham - George Watts

Middle school: 

Durham - Lucas

High school: 

Durham - Northern

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

$121,354
Asking price
$429,000
Closing costs (~8% of asking)
-$34,320
Est. remaining loan balance
-$273,326
Cash to seller
$121,354

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

July 2021

Original loan amount

$297,000

Est. remaining balance

$273,326

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Naya Powell

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: 04/04/2025 at 1:35 PM

Listing updated: 04/04/2025 at 12:12 PM

Listed by: Koren Bowman, Keller Williams Preferred Realty Phone #: (919) 471-8000

MLS: TriangleMLS #10086888

TriangleMLS logo

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