tomo logo

$345,000

Beds
3
Baths
2.5
sq ft
1,600

1112 Renewal Place, Raleigh, NC 27603

1112 Renewal Place

Raleigh, NC 27603

  • 64 days on market
    • Price drop $15,000↓
Well maintained end-unit built in 2016. The bright & airy open floor plan filled w/ natural light. Hardwood floors throughout the living room, dining and kitchen. Kitchen comes with Stainless Steel appliances, beautiful granite countertops, and a large kitchen island. Oversized master closet and two large secondary bedrooms. Fantastic neighborhood amenities include miles of sidewalk, pool, tennis, playground, fitness center, and volleyball court! Close to downtown Raleigh and I-40. This is the lifestyle you've been waiting for!

Details

Property type

Townhouse

Est. home value

$350,595

Lot size

2,178 sq ft

Price per sq ft

$216

Year built

2016

Annual property taxes

$2,993

Monthly HOA fee

$77

Price History

11/05/2024
TriangleMLS

TriangleMLS #10053807

Price change
$345,000
-4.17%
09/20/2024
TriangleMLS

TriangleMLS #10053807

Listed
$360,000
+15.38%
11/22/2021
TriangleMLS

TriangleMLS #2413432

Sold
$312,000
+28.4%

Schools & Community

Neighborhood: 

Southwest Raleigh

Elementary school: 

Wake - Smith

Middle school: 

Wake - North Garner

High school: 

Wake - Garner

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

$124,162
Asking price
$345,000
Closing costs (~8% of asking)
-$27,600
Est. remaining loan balance
-$193,238
Cash to seller
$124,162

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

Seller’s Loan History

Lender

Resource Financial Services Inc

Loan start date

November 2021

Original loan amount

$234,000

Est. remaining balance

$193,238

Interest rate

2.23%

Loan type

New Conventional, 15 year

Seller

Hui Li and Zhen Liu

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: 11/23/2024 at 12:40 AM

Listing updated: 11/05/2024 at 3:30 PM

Listed by: Tony Yao, CHK Realty Phone #: (919) 345-6370

MLS: TriangleMLS #10053807

TriangleMLS logo

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