tomo logo

$420,000

Beds
2
Baths
2.0
sq ft
1,032

600 South Duke Street Unit 18, Durham, NC 27701

600 South Duke Street Unit 18

Durham, NC 27701

  • 71 days on market
    • Price drop $15,000↓
Urban convenience and contemporary design converge in this downtown Durham oasis designed by the iconic Durham-based Center Studio Architecture. Bask in the natural light from sliding floor-to-ceiling windows and watch sunbeams warm the hardwood floors. This corner unit features lush treehouse-like views that will make you forget you're in the middle of downtown, but just head to the expansive shared rooftop with grill for the best downtown views in the city. Watch the city grow around you with the planned American Tobacco Campus expansion and redevelopment of the historic Home Security Life Building in the surrounding blocks.

Details

Property type

Condominium

Est. home value

$428,062

Lot size

Unknown

Price per sq ft

$407

Year built

2021

Annual property taxes

$6,357.2

Monthly HOA fee

$337.66

Price History

11/11/2024
TriangleMLS

TriangleMLS #10052143

Price change
$420,000
-3.45%
11/06/2024
TriangleMLS

TriangleMLS #10052143

Price change
$435,000
-1.14%
11/04/2024
TriangleMLS

TriangleMLS #10052143

Price change
$440,000
-2.22%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Durham - George Watts

Middle school: 

Durham - Brogden

High school: 

Durham - Jordan

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

-$4,493
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$390,893
Cash to seller
-$4,493

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2023

Original loan amount

$399,000

Est. remaining balance

$390,893

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Keith Roger Flynn

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 7:05 AM

Listing updated: 11/18/2024 at 12:50 PM

Listed by: Roy Ellis, Compass -- Chapel Hill - Durham Phone #: (919) 999-8482

MLS: TriangleMLS #10052143

TriangleMLS logo

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