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$304,135Estimated home value

Beds
3
Baths
1.5
sq ft
1,603

629 Mimosa Street, Durham, NC 27703

629 Mimosa Street

Durham, NC 27703

  • Sold On 8/23/2024
Welcome to your new home in Wellons Village! This spacious 3 bed/1.5 bath home has just had a facelift and is all set for its new owner. The fresh, neutral paint throughout gives it an updated touch, while the newer kitchen counters, sink, and mostly new flooring add a fresh feel. Some bath updates have been made as well. You'll have plenty of room to spread out with a formal living room, family room, den, and bonus room. This home lives large with tons of space. Must see to appreciate. A separate, large laundry room makes laundry day a breeze. The fenced rear yard is perfect for pets or a garden, and the two-car carport provides ample parking. A back entrance allows for numerous options without having to reconfigure the home. Conveniently located close to downtown Durham and RTP, and right on the bus line for easy commuting. Don't miss out on this lovely home ready for its next chapter!

Details

Property type

Single Family Residence

Est. home value

$304,135

Lot size

0.33 acres

Price per sq ft

$184

Year built

1966

Annual property taxes

$2,041

Price History

08/22/2024
TriangleMLS

TriangleMLS #10039224

Sold
$294,900
07/15/2024
TriangleMLS

TriangleMLS #10039224

Pending
$294,900
07/03/2024
TriangleMLS

TriangleMLS #10039224

Listed
$294,900

Schools & Community

Elementary school: 

Durham - Merrick-Moore

Middle school: 

Durham - Neal

High school: 

Durham - Southern

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

$178,435
Asking price
$294,900
Closing costs (~8% of asking)
-$23,592
Est. remaining loan balance
-$92,873
Cash to seller
$178,435

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

Seller’s Loan History

Lender

Beneficial Mortgage Co Of North Carolina

Loan start date

April 2008

Original loan amount

$138,986

Est. remaining balance

$92,873

Interest rate

6.03%

Loan type

Not Provided, 30 year

Seller

Shelby P Simmons

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: Off Market

Tomo last checked: 10/05/2024 at 8:40 PM

Listing updated: 09/12/2024 at 11:41 AM

Listed by: Michael Rice, Better Homes & Gardens Real Es Phone #: (919) 439-2168

MLS: TriangleMLS #10039224

TriangleMLS logo

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