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$450,000

Beds
2
Baths
2.0
sq ft
1,323

1001 Hillsborough Street Unit 304, Raleigh, NC 27603

1001 Hillsborough Street Unit 304

Raleigh, NC 27603

  • 129 days on market
Incredible top floor 2-bedroom, 2-bathroom condo walking distance to downtown Raleigh, Glenwood South, Village District shops and restaurants. Directly across the street from St. Mary's School. Ideal for downtown living or investment property. Hardwood floors throughout with tile in the kitchen and bathrooms. Kitchen is equipped with refrigerator, stove, microwave, and a new dishwasher. Also includes the washer and dryer. The water heater is brand new Oct. 2024. Dedicated parking in the rear parking lot, elevator building.

Details

Property type

Condominium

Est. home value

$458,263

Lot size

Unknown

Price per sq ft

$341

Year built

2003

Annual property taxes

$3,468

Monthly HOA fee

$390

Price History

10/16/2024
TriangleMLS

TriangleMLS #10058494

Listed
$450,000
+18.42%
06/03/2021
TriangleMLS

TriangleMLS #2377790

Sold
$380,000
+38.94%
11/09/2006
TriangleMLS

TriangleMLS #889624

Sold
$273,500

Schools & Community

Neighborhood: 

Hillsborough

Elementary school: 

Wake - Wiley

Middle school: 

Wake - Oberlin

High school: 

Wake - Broughton

Community features: 

None

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

$134,084
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$279,916
Cash to seller
$134,084

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

Seller’s Loan History

Lender

American Portfolio Mortgage Corp

Loan start date

June 2021

Original loan amount

$304,000

Est. remaining balance

$279,916

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Philip Mccormick and Meagan Mccormick

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: 02/22/2025 at 1:10 PM

Listing updated: 02/18/2025 at 9:41 AM

Listed by: John Merriman, Berkshire Hathaway HomeService Phone #: (919) 782-6641

MLS: TriangleMLS #10058494

TriangleMLS logo

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