tomo logo

$445,000

Beds
4
Baths
3.0
sq ft
2,125

5718 Russell Road, Durham, NC 27712

5718 Russell Road

Durham, NC 27712

  • 31 days on market
    • Price drop $5,000↓
This beautifully maintained four-bedroom, three-bathroom traditional home is situated on a serene half-acre wooded lot. The main level offers a convenient bedroom and w/an updated full bath (NEW flooring 2024), ideal for guests or a home office. The eat-in kitchen features granite countertops and stainless steel appliances, perfect for both everyday meals and entertaining. The home exudes elegance with hardwood floors in the downstairs bedroom and formal dining room. The spacious great room with a cozy brick fireplace, gas longs and NEW flooring (2024) provides a warm and inviting atmosphere. Enjoy the charm of the rocking-chair front porch or host gatherings on the large deck that overlooks the fenced-in backyard. Nestled in a private and tranquil setting, this home is also conveniently located near Duke University, UNC, and RTP, offering a perfect blend of peaceful living and accessibility. Windows replaced 2022!

Details

Property type

Single Family Residence

Est. home value

$417,010

Lot size

0.55 acres

Price per sq ft

$210

Year built

1978

Annual property taxes

$2,349.66

Price History

11/01/2024
TriangleMLS

TriangleMLS #10058169

Price change
$445,000
-1.11%
10/14/2024
TriangleMLS

TriangleMLS #10058169

Listed
$450,000
10/13/2024
TriangleMLS

TriangleMLS #10046956

Removed
$450,000

Schools & Community

Neighborhood: 

Willowhaven

Elementary school: 

Durham - Easley

Middle school: 

Durham - Carrington

High school: 

Durham - Riverside

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

$163,400
Asking price
$445,000
Closing costs (~8% of asking)
-$35,600
Est. remaining loan balance
-$246,000
Cash to seller
$163,400

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

August 2020

Original loan amount

$270,750

Est. remaining balance

$246,000

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Steven Lee Dinkins and Erin Lowder

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: 11/14/2024 at 5:20 PM

Listing updated: 11/01/2024 at 12:01 PM

Listed by: Shamika Burwell, Relevate Real Estate Inc. Phone #: (919) 395-0735

MLS: TriangleMLS #10058169

TriangleMLS logo

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