tomo logo

$350,000

Beds
3
Baths
2.0
sq ft
1,198

605 Stratton Way, Durham, NC 27704

605 Stratton Way

Durham, NC 27704

  • 88 days on market
    • Price drop $10,000↓
Step into the welcoming ambiance of this two-story home nestled in Stratton Park, just moments away from Downtown Durham's vibrant attractions! The first floor showcases stunning herringbone-patterned vinyl flooring, adding a touch of sophistication to the living spaces. Vaulted ceilings in the living area create an expansive feel, complemented by abundant windows that bathe the room in natural light and highlight the cozy fireplace, perfect for chilly evenings. The kitchen is a chef's dream with ample cabinet space and sleek Quartz countertops, making meal prep a pleasure. The main floor's primary bedroom offers a tranquil retreat with its ensuite bathroom, ensuring comfort and convenience. Upstairs, two additional bedrooms provide flexibility for guests or a dedicated workspace. Outside, the back patio beckons for al fresco dining and entertaining amidst the fenced-in backyard! With its convenient location near Duke Hospital, shopping, dining, and entertainment options, this home presents an ideal blend of comfort, style, and accessibility for a fulfilling Durham lifestyle!

Details

Property type

Single Family Residence

Est. home value

$261,785

Lot size

4,356 sq ft

Price per sq ft

$293

Year built

1992

Annual property taxes

$1,619.48

Price History

05/17/2024
TriangleMLS

TriangleMLS #10022114

Price change
$350,000
-2.78%
04/10/2024
TriangleMLS

TriangleMLS #10022114

Listed
$360,000

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

$284,913
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$37,087
Cash to seller
$284,913

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

$37,087

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: 07/07/2024 at 8:20 PM

Listing updated: 05/20/2024 at 6:54 AM

Listed by: Zac Alexander Campbell, DASH Carolina Phone #: (984) 205-2279

MLS: TriangleMLS #10022114

TriangleMLS logo

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