tomo logo

$294,900

Beds
3
Baths
2.5
sq ft
1,593

512 Summer Storm Drive, Durham, NC 27704

512 Summer Storm Drive

Durham, NC 27704

  • 27 days on market
    • Price drop $5,000↓
IMPROVED PRICE!! Wonderful end unit townhome in a great Durham location. Move in ready, and nicely updated. The kitchen has stainless steel appliances, and flows nicely into the dining and living areas. Laminate flooring throughout the first level, the only carpet is in the 3 spacious upstairs bedrooms. The primary suite is feels larger due to the vaulted ceilings and abundance of natural light. The attached primary bath has double vanities and a separate walk-in shower and soaking tub. It doesn't end there, you also get a private back patio. You don't want to miss this one!

Details

Property type

Townhouse

Est. home value

$294,310

Lot size

5,227.2 sq ft

Price per sq ft

$186

Year built

2003

Annual property taxes

$1,688.33

Monthly HOA fee

$139

Price History

10/20/2024
TriangleMLS

TriangleMLS #10055884

Price change
$294,900
-1.67%
10/02/2024
TriangleMLS

TriangleMLS #10055884

Listed
$299,900
+63.88%
03/23/2020
TriangleMLS

TriangleMLS #2302766

Sold
$183,000
+88.66%

Schools & Community

Neighborhood: 

Summer Meadow

Elementary school: 

Durham - Sandy Ridge

Middle school: 

Durham - Carrington

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

$111,292
Asking price
$294,900
Closing costs (~8% of asking)
-$23,592
Est. remaining loan balance
-$160,016
Cash to seller
$111,292

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 2020

Original loan amount

$176,540

Est. remaining balance

$160,016

Interest rate

3.51%

Loan type

New Conventional, 30 year

Seller

Jacob Lucas Samuels

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: 10/30/2024 at 12:15 AM

Listing updated: 10/27/2024 at 6:01 AM

Listed by: Debbie McCormick, Berkshire Hathaway HomeService Phone #: (919) 929-7100

MLS: TriangleMLS #10055884

TriangleMLS logo

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