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$599,142Estimated home value

Beds
4
Baths
2.5
sq ft
3,128

5205 Longwood Drive, Durham, NC 27713

5205 Longwood Drive

Durham, NC 27713

  • Sold On 6/30/2023
Set amongst mature trees & vibrant plantings is your welcomed respite to the hectic pace of life.Nicely updated home offers so much flexibility.It has play areas,great work space,areas to relax and entertain-both indoors and outside!Thoughtfully built with all your needs in mind.Come inside.Take a peak at what this special home has to offer.Mature & colorful plantings show off the neutral palette of the home’s exterior.There's plenty of gardening options if you have a green thumb. Shaded fun in your backyard oasis.There is a sense of privacy with mature trees that can only be felt in a garden that has been tended. You’ll come to appreciate it and the downtime it offers for quiet contemplation.

Details

Property type

Single Family Residence

Est. home value

$599,142

Lot size

0.32 acres

Price per sq ft

$192

Year built

1988

Annual property taxes

$4,265

Monthly HOA fee

$20

Price History

11/09/2024
TriangleMLS

TriangleMLS #10042292

Removed
$589,900
09/22/2024
TriangleMLS

TriangleMLS #10042292

Price change
$589,900
-1.67%
08/15/2024
TriangleMLS

TriangleMLS #10042292

Price change
$599,900
-1.64%

Schools & Community

Neighborhood: 

Hope Valley Farms

Elementary school: 

Durham - Hope Valley

Middle school: 

Durham - Githens

High school: 

Durham - Jordan

Community features: 

Playground, Pool

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

-$8,660
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$560,660
Cash to seller
-$8,660

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

Seller’s Loan History

Lender

Equity Resources Inc

Loan start date

June 2023

Original loan amount

$570,000

Est. remaining balance

$560,660

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Matalaba Napier and Richard Rowell

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: Off Market

Tomo last checked: 11/14/2024 at 10:55 AM

Listing updated: 02/22/2024 at 6:05 PM

Listed by: Masha Halpern, Keller Williams Elite Realty Phone #: (984) 244-5830

MLS: TriangleMLS #2509601

TriangleMLS logo

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