tomo logo

$299,000

Beds
3
Baths
2.0
sq ft
1,199

605 Stratton Way, Durham, NC 27704

605 Stratton Way

Durham, NC 27704

  • <1 day on market
This beautifully updated home offers a fantastic opportunity for all buyers. With a brand-new 2024 roof, HVAC system, and water heater, it's move-in ready and worry-free. The interior features fresh paint, new flooring, and updated bathrooms. A convenient first-floor primary suite adds to the home's appeal. Located just minutes from Duke Regional Hospital and Duke University, this home combines modern comfort with an unbeatable location. Don't miss out!

Details

Property type

Single Family Residence

Est. home value

$261,785

Lot size

4,356 sq ft

Price per sq ft

$250

Year built

1992

Annual property taxes

$1,868.8

Price History

02/25/2025
TriangleMLS

TriangleMLS #10078414

Listed
$299,000
02/25/2025
TriangleMLS

TriangleMLS #10066125

Removed
$299,000
02/06/2025
TriangleMLS

TriangleMLS #10066125

Price change
$299,000
-5.08%

Schools & Community

Elementary school: 

Durham - Holt

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

$239,685
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$35,395
Cash to seller
$239,685

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

Seller’s Loan History

Lender

First Magnus Financial Corp

Loan start date

March 2004

Original loan amount

$71,500

Est. remaining balance

$35,395

Interest rate

5.66%

Loan type

Not Provided, 30 year

Seller

Warnetta Harrison

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: 02/26/2025 at 1:00 PM

Listing updated: 02/25/2025 at 5:06 PM

Listed by: Dana Ellington, Compass -- Raleigh Phone #: (919) 726-6548

MLS: TriangleMLS #10078414

TriangleMLS logo

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