tomo logo

$360,000

Beds
3
Baths
3.0
sq ft
1,426

929 Morreene Road Unit B, Durham, NC 27705

929 Morreene Road Unit B

Durham, NC 27705

  • 2 days on market
Terrific condo just 1 mile from Duke's West Campus. 3 bedrooms and each has its own full private bathroom and walk-in closet. Wired for high speed internet & cable - this location and layout is perfect for 3 Duke students! GREAT investment property or perfect for parents of Duke students needing rental starting in the summer of 2025! Let your student manage the condo for you with 2 friends and keep as an investment property after they graduate! Dining room could be used as a study. Kitchen has breakfast bar and all appliances remain. Beautiful Sunroom makes a terrific second study or reading room. Property is leased for $1995.00 per month until July 31st 2025.

Details

Property type

Condominium

Est. home value

$305,221

Lot size

Unknown

Price per sq ft

$253

Year built

2002

Annual property taxes

$2,090.39

Monthly HOA fee

$294.8

Price History

01/02/2025
TriangleMLS

TriangleMLS #10068923

Listed
$360,000
+55.17%
07/24/2020
TriangleMLS

TriangleMLS #2323023

Sold
$232,000
+20.21%
02/25/2019
TriangleMLS

TriangleMLS #2230397

Sold
$193,000
+1.05%

Schools & Community

Elementary school: 

Durham - Forest View

Middle school: 

Durham - Brogden

High school: 

Durham - Riverside

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

State Employees Cu

Loan start date

January 2010

Original loan amount

$133,200

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Albert Leon Stanback Jr and Michelle Stanback

Lender

Mutual Community Savings Bank Inc Ssb

Loan start date

January 2003

Original loan amount

$135,040

Est. remaining balance

$65,341

Interest rate

6.75%

Loan type

Not Provided, 30 year

Seller

Albert Leon Stanback Jr and Michelle Stanback

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: Active

Tomo last checked: 01/05/2025 at 1:00 AM

Listing updated: 01/02/2025 at 4:31 PM

Listed by: Bruce Clayton, Griffin Associates REALTORS Phone #: (919) 383-2595

MLS: TriangleMLS #10068923

TriangleMLS logo

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