tomo logo

$525,000

Beds
2
Baths
2.0
sq ft
1,125

907 Edith Street, Durham, NC 27705

907 Edith Street

Durham, NC 27705

  • 176 days on market
    • Price drop $25,000↓
Looking for a solid investment or a property that offers multi-generational living potential? This charming Bull City Bungalow in the heart of Old West Durham is on a sub-dividable lot and already has a second driveway curb in place for accessing the rear of the property. In addition to a new roof (2024), new HVAC (2024), updated kitchen and two full bathrooms, the large sub-dividable 0.29 acre lot offers investment or multi-generational living opportunities. Conveniently located a few blocks to local favorites (Monuts, Cocoa Cinnamon, 9th Street and Broad St), less than 1 mile to Duke East Campus, less than 2 miles to Duke Hospital and main campus, less than 3 miles to the Durham Farmer's Market or DPAC... With so much vibrant local flavor to choose from, the question really becomes which new place, or old favorite, will you head to next? * Buyer Agents Welcome! *

Details

Property type

Single Family Residence

Est. home value

$483,595

Property condition

Updated/Remodeled

Lot size

0.29 acres

Price per sq ft

$467

Year built

1910

Annual property taxes

$3,358.14

Price History

10/01/2024
TriangleMLS

TriangleMLS #10030898

Price change
$525,000
-4.55%
09/13/2024
TriangleMLS

TriangleMLS #10030898

Price change
$550,000
-4.35%
08/20/2024
TriangleMLS

TriangleMLS #10030898

Price change
$575,000
-4.01%

Schools & Community

Neighborhood: 

Old West Durham

Elementary school: 

Durham - E K Powe

Middle school: 

Durham - Brogden

High school: 

Durham - Riverside

Community features: 

Sidewalks

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

$430,201
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$52,799
Cash to seller
$430,201

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

Seller’s Loan History

Lender

Premier Mortgage Corp

Loan start date

April 2003

Original loan amount

$112,500

Est. remaining balance

$52,799

Interest rate

5.84%

Loan type

Not Provided, 30 year

Seller

Terrella L Street

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: 11/14/2024 at 5:10 PM

Listing updated: 10/20/2024 at 1:15 PM

Listed by: Clayton Nell, Boro Realty Phone #: (919) 240-7016

MLS: TriangleMLS #10030898

TriangleMLS logo

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