tomo logo

$590,000

Beds
4
Baths
2.0
sq ft
2,321

5715 Sky Lane Drive, Durham, NC 27704

5715 Sky Lane Drive

Durham, NC 27704

  • 56 days on market
    • Price drop $20,000↓
This home is in a neighborhood with a historic airport attached. This general aviation airport can be viewed at Lakeridgeaeropark.com. Living Room sofa for sale outside property sales.

Details

Property type

Ranch

Est. home value

$457,463

Property condition

Fixer

Lot size

1.17 acres

Price per sq ft

$255

Year built

1998

Annual property taxes

$2,312.59

Monthly HOA fee

$41.25

Price History

10/30/2024
TriangleMLS

TriangleMLS #10055160

Price change
$590,000
-3.28%
09/27/2024
TriangleMLS

TriangleMLS #10055160

Listed
$610,000
+151.3%
07/09/2007
TriangleMLS

TriangleMLS #922134

Sold
$242,741

Schools & Community

Elementary school: 

Durham - Glenn

Middle school: 

Durham - Neal

High school: 

Durham - Southern

Community features: 

Pool, Airport/Runway, Lake

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

$397,073
Asking price
$590,000
Closing costs (~8% of asking)
-$47,200
Est. remaining loan balance
-$145,727
Cash to seller
$397,073

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 2020

Original loan amount

$195,000

Est. remaining balance

$145,727

Interest rate

2.77%

Loan type

New Conventional, 15 year

Seller

Lou Utley and Jane Utley

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: 11/23/2024 at 6:10 AM

Listing updated: 11/11/2024 at 3:30 PM

Listed by: Paul Hensley, Hensley Real Estate Appraisal Phone #: (919) 220-5115

MLS: TriangleMLS #10055160

TriangleMLS logo

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