tomo logo

$1,074,900

Beds
5
Baths
4.5
sq ft
3,866

5402 Garrett Road, Durham, NC 27707

5402 Garrett Road

Durham, NC 27707

  • 2 days on market
    • Price drop $9,674,100↓
Elm Street Builders, an award-winning local custom builder, presents this exciting, brand new home ready for you today! Upon entering from the welcoming front porch you'll be awed by this home's comfortable, crisp feel. Professionally designed with clean lines and open,airy spaces, the style is contemporary yet invitingly warm. The main floor features a dining room and butler's pantry, as well as a flexible study/ bedroom for your guest's overnight stay. The family room embraces an open plan layout with a beautiful statement fireplace. Take in the immaculate chef's dream kitchen, with the indoor/outdoor transitional space leading to a screened porch and fenced back yard beyond. The Primary Suite is upstairs, and features a stunning accent wall and a bath with a true WOW factor! Find 3 additional spacious bedrooms with walk-in closets, then head to the 3rd floor, with it's flexible bonus room, half bath, and a ton of extra storage! All of this in a small Enclave of custom homes on Garrett Road--where you'll capture the best of all the conveniences that Durham has to offer! If you're ready for a move, closing on this special opportunity can be quick!

Details

Property type

Single Family Residence

Est. home value

$1,092,009

Property condition

New Construction

Lot size

0.37 acres

Price per sq ft

$279

Year built

2024

Monthly HOA fee

$10.42

Price History

07/02/2024
TriangleMLS

TriangleMLS #2492670

Removed
$1,074,900
07/02/2024
TriangleMLS

TriangleMLS #10038967

Price change
$1,074,900
-90%
07/02/2024
TriangleMLS

TriangleMLS #10038967

Listed
$10,749,000
+900%

Schools & Community

Elementary school: 

Durham - Murray Massenburg

Middle school: 

Durham - Githens

High school: 

Durham - Jordan

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The Fidelity Bank

Loan start date

July 2023

Original loan amount

$660,569

Est. remaining balance

Not provided

Interest rate

6.57%

Loan type

Building or Construction Loan

Seller

Enclave On Garrett Llc

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: 07/04/2024 at 10:20 PM

Listing updated: 07/03/2024 at 12:54 PM

Listed by: Dori Witek, Elm Street Builders Realty LLC Phone #: (919) 632-4681

MLS: TriangleMLS #10038967

TriangleMLS logo

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