tomo logo

$329,900

Beds
3
Baths
2.5
sq ft
1,408

1025 Southgate Drive, Raleigh, NC 27610

1025 Southgate Drive

Raleigh, NC 27610

  • 2 days on market
Charming two story home w/ 2 car garage located in Granite Ridge Subdivision. Located conveniently to everything, just minutes to downtown, I 40 & 440. This home needs a little TLC. This charmer of a home offers 3 BR/ 2 1/2 BTHS. Inviting front porch leads into the 2 story, open living room which is light, bright, open and features a cozy fireplace! This open floorplan also boasts a formal dining room and great kitchen with eat in breakfast area! 3 spacious bedrooms upstairs with the catwalk overlooking the 2 story living room. Fenced in backyard offers lots of privacy. This is an amazing opportunity. Show & Sell!

Details

Property type

Single Family Residence

Est. home value

$307,972

Lot size

5,227.2 sq ft

Price per sq ft

$235

Year built

2002

Annual property taxes

$2,878

Monthly HOA fee

$17

Price History

01/27/2025
TriangleMLS

TriangleMLS #10072912

Listed
$329,900
+78.32%
06/24/2019
TriangleMLS

TriangleMLS #2252930

Sold
$185,000
+15.63%
11/21/2017
TriangleMLS

TriangleMLS #2152163

Sold
$160,000
+25.1%

Schools & Community

Neighborhood: 

South Raleigh

Elementary school: 

Wake - Walnut Creek

Middle school: 

Wake - West Lake

High school: 

Wake - S E Raleigh

Community features: 

Curbs, Street Lights

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

$293,796
Asking price
$329,900
Closing costs (~8% of asking)
-$26,392
Est. remaining loan balance
-$9,712
Cash to seller
$293,796

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

Seller’s Loan History

Lender

Servis One Inc

Loan start date

August 2022

Original loan amount

$10,085

Est. remaining balance

$9,712

Interest rate

5.81%

Loan type

VA, 28 year

Seller

Dever Martin and Jessica Martin

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: 01/29/2025 at 1:10 AM

Listing updated: 01/27/2025 at 7:11 AM

Listed by: Yolanda Martin, Yolanda Martin Homes Phone #: (919) 669-5073

MLS: TriangleMLS #10072912

TriangleMLS logo

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