tomo logo

$460,000

Beds
3
Baths
2.0
sq ft
1,161

602 Gray Avenue, Durham, NC 27701

602 Gray Avenue

Durham, NC 27701

  • 5 days on market
    • Open house Apr 06
Charming, Reimagined Bungalow in the Heart of Durham Welcome to 602 Gray Avenue a beautifully rebuilt 3-bedroom, 2-bath bungalow that blends timeless character with fresh, modern updates. Completely reconstructed from the foundation up in 2023, this single-level home features a newer roof, new HVAC, and quality craftsmanship throughout. Inside, you'll find an open-concept layout with warm, wood-style flooring and abundant natural light. The show stopping kitchen is anchored by sleek marble countertops, an oversized center island, stainless steel appliances, gas range, and custom herringbone tile backsplash - ideal for cooking, gathering, and everyday living. Each of the three spacious rooms offers versatility, with one currently styled as a chic home office featuring custom wall accents. Both full bathrooms are updated with granite countertops and elegant fixtures, creating a spa-like experience at home. Out front, enjoy morning coffee on the wide, covered porch or take in the view from the back deck. Enjoy space to garden, entertain, or simply relax under the trees. The extended side patio offers even more outdoor potential. Perfectly positioned near the energy of Downtown Durham — close to farmers markets, the historic Carolina Theatre, DPAC, Durham Bulls Ballpark, museums, restaurants, hotels, and Duke University — this home offers the ultimate mix of comfort, convenience, and charm. 602 Gray Ave is truly move-in ready and designed for modern living in one of Durham's most dynamic communities.

Details

Property type

Single Family Residence

Est. home value

$328,412

Property condition

Updated/Remodeled

Lot size

3,920.4 sq ft

Price per sq ft

$397

Year built

1920

Annual property taxes

$3,393.29

Price History

04/01/2025
TriangleMLS

TriangleMLS #10085706

Listed
$460,000
+2966.67%
03/24/2011
TriangleMLS

TriangleMLS #1765646

Sold
$15,000
-37.24%
02/23/2007
TriangleMLS

TriangleMLS #906380

Sold
$23,900
-65.31%

Schools & Community

Neighborhood: 

Cleveland-Holloway

Elementary school: 

Durham - Eastway

Middle school: 

Durham - Brogden

High school: 

Durham - Riverside

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

Loan Funder Llc

Loan start date

November 2023

Original loan amount

$343,700

Est. remaining balance

Not provided

Interest rate

7.18%

Loan type

Commercial, 2 year

Seller

Triple E Properties Llc and 919 Investments Llc

Lender

Finance Of America Mortgage Llc

Loan start date

June 2022

Original loan amount

$252,832

Est. remaining balance

Not provided

Interest rate

5.3%

Loan type

Commercial, 1 year

Seller

Triple E Properties Llc and 919 Investments 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?

Status: Active

Tomo last checked: 04/04/2025 at 1:55 AM

Listing updated: 04/02/2025 at 4:11 AM

Listed by: Monica Boswell, The M Homes Group Phone #: (919) 907-9906

MLS: TriangleMLS #10085706

TriangleMLS logo

Recently listed in Durham

$370,000|3 bd|2.5 ba|Townhouse
$649,000|5 bd|3.0 ba|House
$384,900|3 bd|2.0 ba|Townhouse
$400,000|3 bd|2.5 ba|House
$375,000|3 bd|2.5 ba|House
$338,500|2 bd|2.5 ba|Townhouse
$475,000|3 bd|2.0 ba|House
$490,000|3 bd|2.0 ba|House