2 Beds   1 Bath   850 Sq. Ft.   Single-Family
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S Plum St
Durham, NC 27701

Status: Inactive
Listing ID: 56495401

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Property Information

  • Bedrooms: 2
  • Bathrooms: 1
  • Living Area Size: 850
  • Heating Type: Wall
  • Year Built: 1959
  • Source ID: 21306380
  • Day(s) On Site: 209
  • Improvement Value: $34,586
  • Subdivision: COLLEGE VIEW
  • Assessed Value: $47,692
  • Land Value: $13,106
  • Parcel Number: 117820
  • Property Type: Single Family Dwelling
  • Case Number: 21SP419
  • Last Sale Amount: $61,000
  • Last Sale Date: 02-23-2007
  • Trustee Name: JASON PURSER
  • Trustee Phone: (704) 333-8107
  • Deed Category: NFS
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Public Records

  • Bedrooms: 2
  • Baths: 1
  • Full Baths: 1
  • Rooms: 3
  • No. of Stories: 1
  • Construction Type: WOOD
  • Exterior Wall Type: ALUMINUM
  • Frame Type: WOOD TRUSS
  • Heating Type: FLOOR/WALL FURNACE
  • Roof Material: ASPHALT SHINGLE
  • Land Area Sqft: 8,843
  • Year Built: 1959
  • APN: 117820
  • Property Type: Single Family Residence
  • Township: CNTY-DRHM/CITY-DURHAM
  • Front Footage: 60
  • Depth Footage: 150
  • Living Sqft: 850
  • Style: CONVENTIONAL
  • Sewer Type: PUBLIC
  • Subdivision: COLLEGE VIEW
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Preforeclosure

Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Auction Information

  • Auction Date: 12-15-2021
  • Auction Time: 10:00 AM
  • Auction Address: 510 S DILLARD ST
  • Auction City: DURHAM
  • Auction Zip: 27701

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Listing History

Start Date End Date Listing Type Bank Name
07/27/21 11/10/21 Preforeclosure

Durham, NC
Home Inspectors
Stephen and Son Home Inspections, LLC
Stephen M. Mihaich
919-219-4178
Sheldahl Property Inspections
Richard Sheldahl
9198863005
Homes On This Street
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S Plum St
Durham, NC 27701

2 Beds   1 Bath   850 sq. ft.   Single-Family

 

Status: Inactive Listing ID: 56495401

Property Information

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Public Records

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Property Description

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Listing URL

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