tomo logo

$599,900

Beds
4
Baths
2.5
sq ft
3,136

5205 Longwood Drive, Durham, NC 27713

5205 Longwood Drive

Durham, NC 27713

  • 59 days on market
    • Price drop $10,000↓
Lovely home in convenient Hope Valley Farms subdivision. Over 3000 sq ft with plenty of flex space to meet your family's needs. Priced at under $200/sq ft. Hardwoods throughout. Eat-in kitchen with granite counters, new appliances(gas stove, dishwasher ,microwave). Relaxing sunroom and deck for indoor/outdoor living. Completing main level are FDR,LR,den, and 2 flex rooms (office/guest space/playroom?). 3 BR + MBR upstairs (HW in all), along with bonus room. Large private backyard. Wonderful community near walking trails, YMCA, shopping, and freeways. Seller is a licensed RE professional.

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

$4,020.18

Monthly HOA fee

$20

Price History

08/15/2024
TriangleMLS

TriangleMLS #10042292

Price change
$599,900
-1.64%
07/19/2024
TriangleMLS

TriangleMLS #10042292

Listed
$609,900
+1.65%
06/30/2023
TriangleMLS

TriangleMLS #2509601

Sold
$600,000
+88.09%

Schools & Community

Neighborhood: 

Hope Valley Farms

Elementary school: 

Durham - Hope Valley

Middle school: 

Durham - Githens

High school: 

Durham - Jordan

Community features: 

None

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

-$9,895
Asking price
$599,900
Closing costs (~8% of asking)
-$47,992
Est. remaining loan balance
-$561,803
Cash to seller
-$9,895

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

$561,803

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: Active

Tomo last checked: 09/16/2024 at 4:15 PM

Listing updated: 08/23/2024 at 9:44 AM

Listed by: Monti Napier, Pink Pineapple Realty LLC Phone #: (919) 522-8846

MLS: TriangleMLS #10042292

TriangleMLS logo

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