tomo logo

$199,000

Beds
3
Baths
2.0
sq ft
1,225

1008 Sandlin Place Unit J, Raleigh, NC 27606

1008 Sandlin Place Unit J

Raleigh, NC 27606

  • 59 days on market
GREAT INVESTMENT OPPORTUNITY OR A NICE FIRST TIME HOME BUYERS CONDO !!!!! Top floor Condo with all the appliances , spacious for a family to live in or rent it out for awesome returns. Near to freeways and NC State University. New LVP flooring in the bedrooms and kitchen. Freshly painted few months back. HOA is $295. Assigned Parking space. The community has a swimming pool, play area and basket ball court. Made $2200 per month last year by renting per room - great opportunity to get a good ROI for interested investors. Comes semi-furnished -if you want to keep the furniture. This is flexible. Please Note: The home does NOT need work, it is completely livable, and there isn't much room to negotiate. Only serious buyers reach out.

Details

Property type

Condominium

Est. home value

$217,562

Property condition

Updated/Remodeled

Lot size

435.6 sq ft

Price per sq ft

$163

Year built

1972

Annual property taxes

$1,659

Monthly HOA fee

$296

Price History

09/16/2024
TriangleMLS

TriangleMLS #10053069

Listed
$199,000
+17.06%
11/23/2021
TriangleMLS

TriangleMLS #2412431

Sold
$170,000
+30.77%
02/26/2021
TriangleMLS

TriangleMLS #2363070

Sold
$130,000

Schools & Community

Neighborhood: 

West Raleigh

Elementary school: 

Wake - Adams

Middle school: 

Wake - Lufkin Road

High school: 

Wake - Athens Dr

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

$67,075
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$116,005
Cash to seller
$67,075

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 Wholesale Mortgage

Loan start date

November 2021

Original loan amount

$123,750

Est. remaining balance

$116,005

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Girish Amarsi Rathod and Roopa Girish Rathod

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?

Status: Active

Tomo last checked: 11/15/2024 at 5:50 AM

Listing updated: 10/19/2024 at 11:26 AM

Listed by: Christina Elise Parker, Trelora Realty Inc. Phone #: (984) 389-8600

MLS: TriangleMLS #10053069

TriangleMLS logo

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