Cottage / Storybook home in Durham, NC
This Cottage home in Durham, NC offers 3 bedrooms and 2.5 bathrooms across 1,763 square feet. The Cottage styling carries through the home's design.
| Price | $579,900 |
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| Beds | 3 |
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| Baths | 2.5 |
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| Sqft | 1763 |
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| Architectural style | Cottage / Storybook (51% match) |
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| Address | 2505 Stephenson St, Durham, NC 27704 |
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Why buy this home
- Confirmed Cottage / Storybook architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced above comparable homes.
- At $580K, this home is 38% above the $420K median for 102 similar Cottage / Storybook homes in Durham, NC.
- That works out to $329 per square foot, 24% above the $266 comparable rate.
- On the market 11 days.
| This home | $579,900 |
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| Cottage / Storybook median in Durham, NC | $420,000 (102 homes) |
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| Price per sq ft | $329 vs. $266 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $3,788/month with 20% down at a 7.28% 30-year fixed rate. You would need about $162,340 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $3,174/mo |
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| Property tax (new-buyer reassessed rate) | $396/mo |
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| Homeowners insurance | $217/mo |
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| Total monthly | $3,788/mo |
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| Down payment (20%) | $115,980 |
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| Income needed | $162,340/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (70 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (70/100) |
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| Beats renting in | 27% of modeled paths |
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| Modeled 5-yr equity (median) | $311,030 |
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| Range (10th to 90th pct) | $190,889 to $454,699 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Durham, NC where local data is thin.
Local home values
Typical home values in Durham, NC have risen about 21% over the past 5 years (-2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia