tomo logo

$825,000

Beds
3
Baths
1.5
sq ft
1,584

1111 Mordecai Drive, Raleigh, NC 27604

1111 Mordecai Drive

Raleigh, NC 27604

  • Pending
    • Price drop $24,000↓
Meticulously renovated bungalow, filled with light and charm, located in Raleigh's popular Mordecai neighborhood. Modern updates blend seamlessly with classic details. Spacious living areas and a newly renovated kitchen with custom cabinetry and high-end European appliances offer a lifestyle of comfort and convenience. Home boasts original hardwood floors thoughtfully restored. High ceilings throughout, original glass front curio cabinets in living area, original coal-burning fireplace converted to gas-burning logs. Updates include new HVAC system, tankless hot-water heater, new interior paint, all outlets, dimmers and switches throughout. Potential for second bath upstairs, must be verified by a licensed contractor. Enjoy the expansive back deck, fully fenced-in backyard with an additional structure perfectly suited for a workshop, avid gardener, artist studio, or home office. With great curb appeal and a covered front porch to enjoy the vibrant neighborhood, this home is within walking distance to parks and some of the best spots in town such as award-winning restaurants Jolie and Crawford & Son. Person Street Bar, Yellow Dog Bakery and more.

Details

Property type

Single Family Residence

Est. home value

$752,504

Property condition

Updated/Remodeled

Lot size

7,405.2 sq ft

Price per sq ft

$521

Year built

1935

Annual property taxes

$5,736.32

Price History

11/02/2024
TriangleMLS

TriangleMLS #10046364

Pending
$825,000
10/22/2024
TriangleMLS

TriangleMLS #10046364

Price change
$825,000
-2.83%
09/27/2024
TriangleMLS

TriangleMLS #10046364

Price change
$849,000
-2.3%

Schools & Community

Neighborhood: 

Mordecai

Elementary school: 

Wake - Conn

Middle school: 

Wake - Oberlin

High school: 

Wake - Broughton

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Hometrust Bank

Loan start date

June 2022

Original loan amount

$74,925

Est. remaining balance

Not provided

Interest rate

3.69%

Loan type

Credit Line (Revolving), 30 year

Seller

Shelley Kimball Dodge and Darla Schneider

Lender

Academy Mortgage Corp

Loan start date

May 2022

Original loan amount

$600,000

Est. remaining balance

$577,826

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Shelley Kimball Dodge and Darla Brown Schneider

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: Pending/Under Contract

Tomo last checked: 11/05/2024 at 1:50 AM

Listing updated: 11/02/2024 at 8:05 AM

Listed by: Murphy Trogdon Ayala, Berkshire Hathaway HomeService Phone #: (919) 782-6641

MLS: TriangleMLS #10046364

TriangleMLS logo

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