Information You MUST be pre-qualified before buying a Home.
Get pre-qualified by filling out our easy, 3 step form!
5408 Craig Road
Durham, NC 27712
$850,000
Conventional
Property
Bedroom
3
Bathroom
3
Property Type
Conventional
Square ft
1940
Property Description
Welcome to your dream home located just 10 minutes from downtown Durham. Nestled on 3.6 acres of woodland and bisected by a lovely creek, every detail of this home and setting has been crafted to offer the perfect blend of luxury, comfort, and functionality. The heart of the home—the kitchen—boasts an exquisite quartz countertop. Beyond the kitchen, the great room soars upward in a 20 foot Alpine ceiling over the dining area and sunken living room, while the massive wall of fireplace stone is brightened with lime wash to create a focal point that beckons after a long day. The living room is finished with 200 year old red oak flooring from Baba Wooden Floors, and the three coats of oil urethane adds depth and rich character. Both bathrooms are newly renovated, featuring luxurious walk-in showers with rain heads and sliding glass doors. A spa-like experience right at home! Like the great room, each bedroom soars 20 feet, and in the master bedroom, an oaken ladder leads to a loft library—or art room/office. Outside you'll discover your own personal oasis, complete with a wood fired oven (built for pizza, bread, and everything else), a flagstone patio bordering the creek, a fire pit (perfect for roasting marshmallows under a starlit sky), and a screened porch overlooking a gurgling cascade. On the recreation area, you'll find a basketball court, a badminton court, and corn hole game area. A completely unexpected amenity is the beautifully designed 18-hole frisbee golf course! For the entrepreneur or artist, a newly remodeled home office/studio above the garage with a half bath and hvac lies just above the garage and offers new LVP flooring and a new mini-split system for customized comfort year-round. Green thumbs will appreciate the carefully crafted raised-bed garden, as well as the nine blueberry bushes, two apple trees, and two pear trees. A bounty of fresh goodness at your fingertips! (The owner grew lots of tomatoes and put away 50 quarts of tomato sauce each year.) Storage is no issue with a tractor shed, garden shed, utility shed, and even a raccoon-and-fox-impervious chicken coop—lots of space for tools, equipment, and even a hobby farm! A leisurely walking trail winds through the woods and fields and beside the stream, offering glimpses of nature's beauty at every turn. Both the exterior, interior, and deck of this home have been newly painted and last year the roof was shingled with fifty year Americana shingles. The spacious rear deck spans the entire back face of the home and is edged with new black metal railing. The entire home was repiped with Pex this year. This is not just a home—it's a lifestyle where every day feels like a retreat. Make it your forever home, or invest in a vacation home which has already proven itself in the short term rental market.
Property Information
Lot Size
3 acre(s) square ft
Property Type
Residential
Year Built
1978
MLS Number
10028680
Location
Address
5408 Craig Road
City
Durham
State
NC
Zip Code
27712
County
DURHAM (NORTH)
Listing
Provider
Choice Residential Real Estate, LLC, original listing
Name
Choice Residential Real Estate, LLC
Phone
(919) 280-3646
Office Name
Choice Residential Real Estate
Office Phone
(919) 720-4991
Agent Name
Marci Ryan

Local Real Estate Expert

Real Estate Expert Photo for Bobbie Kirby
Bobbie Kirby
REMAX Above and Beyond
Call Today!: (919) 524-4839

USHUD.com on the Go!

Foreclosure Mobile App
Ushud Foreclosure iPhone App
Ushud Foreclosure Android App

HUD Foreclosures
Free Foreclosure Listings
Foreclosure Listings Increasing

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.