tomo logo

$499,999

Beds
4
Baths
2.5
sq ft
2,383

816 Wood Chapel Lane, Durham, NC 27703

816 Wood Chapel Lane

Durham, NC 27703

  • 91 days on market
    • Price drop $10,001↓
Looking for a new home to call your own in Beautiful Durham? Want to be close to Southpoint Mall and RTP? Look no further! This Spacious 4-bedroom, 3-bath home has a Large Living Room, well maintained Kitchen with Granite Countertops and Stainless-Steel appliances! The master bedroom offers an Oversized bathtub and dual vanity. The 3rd floor offers a finished Bonus Room perfect for an office or gym! It also comes with a NEW ROOF!!! Outside of the home, you will find a beautifully landscaped front yard. A firepit and patio await you in the backyard, ready for entertaining. This centrally located home is close to I-40, Southpoint mall, RTP, and everything that Durham has to offer! Hot water heater has been professionally repaired!

Details

Property type

Single Family Residence

Est. home value

$462,535

Lot size

5,662.8 sq ft

Price per sq ft

$210

Year built

2009

Annual property taxes

$2,978.05

Monthly HOA fee

$27

Price History

10/04/2024
TriangleMLS

TriangleMLS #10039658

Price change
$499,999
-1.96%
09/06/2024
TriangleMLS

TriangleMLS #10039658

Price change
$510,000
-1.92%
08/22/2024
TriangleMLS

TriangleMLS #10039658

Price change
$520,000
-0.95%

Schools & Community

Elementary school: 

Durham - Bethesda

Middle school: 

Durham - Lowes Grove

High school: 

Durham - Hillside

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

$162,104
Asking price
$499,999
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$297,895
Cash to seller
$162,104

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

Seller’s Loan History

Lender

East Coast Capital Corp

Loan start date

December 2020

Original loan amount

$325,920

Est. remaining balance

$297,895

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Natalia Timmons

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?

Similar Homes Nearby

Price drop
TriangleMLS
$482,000
4 bd
|
2.5 ba
|
2,565 sq ft
|
House

3 Carylynn Court, Durham, NC 27703

Price drop
TriangleMLS
$474,500
4 bd
|
2.5 ba
|
3,163 sq ft
|
House

413 Glenview Lane, Durham, NC 27703

Price drop
TriangleMLS
$541,000
4 bd
|
2.5 ba
|
3,258 sq ft
|
House

1714 Willowcrest Road, Durham, NC 27703

Status: Active

Tomo last checked: 10/05/2024 at 7:20 PM

Listing updated: 10/04/2024 at 10:35 AM

Listed by: Leo Bordatto, Fathom Realty NC, LLC Phone #: (888) 455-6040

MLS: TriangleMLS #10039658

TriangleMLS logo

Recently listed in Durham

$410,000|4 bd|2.0 ba|House
$389,900|3 bd|2.0 ba|House
$315,000|2 bd|2.0 ba|Townhouse
$535,000|3 bd|2.5 ba|House
$385,000|3 bd|3.5 ba|Townhouse
$979,000|4 bd|4.0 ba|House
$210,000|3 bd|1.0 ba|House
$400,000|2 bd|2.5 ba|Townhouse
$459,900|3 bd|2.0 ba|House
$382,500|3 bd|2.0 ba|House