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$320,000

Beds
3
Baths
3.0
sq ft
1,426

929 Morreene Road Unit C, Durham, NC 27705

929 Morreene Road Unit C

Durham, NC 27705

  • 6 days on market
    • Price drop $5,000↓
Terrific condo just 1 mile from Duke's West Campus. This unit has been remodeled with new flooring, new paint, new stove, new light fixtures, new bath mirrors, new fixtures and hardware. 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. 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.

Details

Property type

Condominium

Est. home value

$307,003

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$225

Year built

2004

Annual property taxes

$2,437.34

Monthly HOA fee

$294.8

Price History

01/21/2025
TriangleMLS

TriangleMLS #10071029

Price change
$320,000
-1.54%
01/15/2025
TriangleMLS

TriangleMLS #10071029

Listed
$325,000
+59.94%
08/31/2020
TriangleMLS

TriangleMLS #2323932

Sold
$203,200
+36.38%

Schools & Community

Elementary school: 

Durham - Forest View

Middle school: 

Durham - Brogden

High school: 

Durham - Riverside

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

$147,139
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$147,261
Cash to seller
$147,139

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

Seller’s Loan History

Lender

United Nations Fcu

Loan start date

July 2020

Original loan amount

$162,560

Est. remaining balance

$147,261

Interest rate

3.21%

Loan type

New Conventional, 30 year

Seller

Di Dong

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: 01/22/2025 at 12:20 AM

Listing updated: 01/21/2025 at 7:17 PM

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

MLS: TriangleMLS #10071029

TriangleMLS logo

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