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$384,900

Beds
2
Baths
1.5
sq ft
971

1101 Parkridge Lane Unit 205, Raleigh, NC 27605

1101 Parkridge Lane Unit 205

Raleigh, NC 27605

  • 34 days on market
    • Price drop $10,100↓
Welcome Home to one of Raleigh's most popular condominium complexes. Located in the heart of the Village District, this 2 bedroom home is city living at its finest. This second floor unit offers privacy and quiet living with a screen porch that overlooks a beautiful park view. Ample size bedrooms and closets and a great kitchen and living area round out what will surely feel like home. Newly painted walls, lvp floors along with some updates throughout make this condo a keeper whether to live in yourself or as an investment. Come take a look today.

Details

Property type

Condominium

Est. home value

$372,276

Lot size

Unknown

Price per sq ft

$397

Year built

1986

Annual property taxes

$2,917

Monthly HOA fee

$308.75

Price History

06/21/2024
TriangleMLS

TriangleMLS #10032165

Price change
$384,900
-2.56%
05/29/2024
TriangleMLS

TriangleMLS #10032165

Listed
$395,000
+50.19%
08/06/2019
TriangleMLS

TriangleMLS #2250664

Sold
$263,000
+21.82%

Schools & Community

Neighborhood: 

Five Points

Elementary school: 

Wake - Wiley

Middle school: 

Wake - Oberlin

High school: 

Wake - Broughton

Community features: 

Pool

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

$143,288
Asking price
$384,900
Closing costs (~8% of asking)
-$30,792
Est. remaining loan balance
-$210,820
Cash to seller
$143,288

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

November 2020

Original loan amount

$235,000

Est. remaining balance

$210,820

Interest rate

2.9%

Loan type

New Conventional, 25 year

Seller

Spencer Arritt

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: 07/02/2024 at 7:25 PM

Listing updated: 06/21/2024 at 1:04 PM

Listed by: Paige P Coker, Howard Perry & Walston Realtor Phone #: (919) 960-6430

MLS: TriangleMLS #10032165

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