tomo logo

$320,000

Beds
2
Baths
2.0
sq ft
1,386

513 Hugo Street, Durham, NC 27704

513 Hugo Street

Durham, NC 27704

  • <1 day on market
This beautiful, well kept ranch in Braggtown is PERFECT for any potential buyer ! Just a 7 minute drive to downtown Durham and the Farmer's Market and less than 15 minutes from Duke University, this location is EVERYTHING! This corner lot features solar panels and is turnkey ready. Please don't hesitate to reach out with any questions. **Judicial Sale** Property is subject to a 10 day upset bid at the courthouse. After offer has been accepted it will be available for upset bids at the courthouse. Buyer will need to bring 5% deposit to upset current bid. If current bid is upset 10 days resets. Once property sits through 10 days without any upsets it can continue and close like a normal sale.

Details

Property type

Ranch

Est. home value

$371,711

Lot size

0.24 acres

Price per sq ft

$231

Year built

1959

Annual property taxes

$2,636.9

Price History

01/09/2025
TriangleMLS

TriangleMLS #10070016

Listed
$320,000
+259.55%
09/26/2011
TriangleMLS

TriangleMLS #1747697

Sold
$89,000
-30.85%
06/09/2006
TriangleMLS

TriangleMLS #843589

Sold
$128,700

Schools & Community

Neighborhood: 

Colonial Village

Elementary school: 

Durham - Club Blvd

Middle school: 

Durham - Brogden

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

$223,819
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$70,581
Cash to seller
$223,819

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

September 2011

Original loan amount

$99,276

Est. remaining balance

$70,581

Interest rate

4.39%

Loan type

New Conventional, 30 year

Seller

Lucious Daye

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: 01/10/2025 at 3:50 AM

Listing updated: 01/09/2025 at 4:31 PM

Listed by: Carson McLean Fishel, Keller Williams Elite Realty Phone #: (984) 244-5830

MLS: TriangleMLS #10070016

TriangleMLS logo

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