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$225,000

Beds
2
Baths
1.5
sq ft
1,152

800 Fargo Street Unit B1, Durham, NC 27707

800 Fargo Street Unit B1

Durham, NC 27707

  • 77 days on market
    • Price drop $8,000↓
Updated END-UNIT 2-bed 1.5 bath townhouse located near the heart of downtown Durham. Your new home is within walking distance of the DPAC, Durham Bulls Stadium, and access to the American Tobacco Trail greenways. Step inside to discover FRESH interior paint throughout, creating a bright and welcoming atmosphere. The upstairs features BRAND-NEW luxury vinyl plank flooring, providing both an elegant appearance and functional durability. The kitchen is outfitted with stainless steel appliances, sleek GRANITE countertops, a stylish backsplash, and ample cabinet storage space. The living room and master bedroom are equipped with charming wood blinds, adding an extra touch of sophistication to your most frequented living spaces. Enjoy the ease of urban living with quick access to local dining, entertainment, and cultural attractions, all just a short stroll away. This property combines modern upgrades with a PRIME LOCATION, making it an excellent choice for homebuyers and/investors alike. Don't miss out on this exceptional opportunity to own a beautiful home in one of Durham's most sought-after areas! 800 Fargo Street B1 is eligible for a special interest rate up to 2% below the current market. This rate is only available through the United Community Bank Community Lending Program and for qualified buyers purchasing primary homes in specific locations. 800 Fargo Street B1 is in one of those areas.

Details

Property type

Townhouse

Est. home value

$218,603

Lot size

0.4 acres

Price per sq ft

$196

Year built

1985

Annual property taxes

$1,215

Monthly HOA fee

$75

Price History

11/14/2024
TriangleMLS

TriangleMLS #10051205

Listed
$225,000
10/10/2024
TriangleMLS

TriangleMLS #10051205

Pending
$225,000
09/30/2024
TriangleMLS

TriangleMLS #10051205

Price change
$225,000
-3.43%

Schools & Community

Neighborhood: 

Southside / St. Teresa

Elementary school: 

Durham - Spaulding

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

$38,914
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$168,086
Cash to seller
$38,914

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

January 2022

Original loan amount

$178,771

Est. remaining balance

$168,086

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Rachael Pope

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 12:50 PM

Listing updated: 11/14/2024 at 9:25 PM

Listed by: Stan Crowe, Weichert, Realtors-Mark Thomas Phone #: (919) 403-5315

MLS: TriangleMLS #10051205

TriangleMLS logo

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