tomo logo

$625,000

Beds
3
Baths
2.5
sq ft
1,476

117 Idlewild Avenue, Raleigh, NC 27601

117 Idlewild Avenue

Raleigh, NC 27601

  • 63 days on market
    • Price drop $4,000↓
Nestled in the heart of downtown Raleigh, this home epitomizes the perfect fusion of modern convenience and serene outdoor living. Just minutes away from historic Oakwood, this home and the surrounding neighborhood provides the perfect gateway to the city's vibrant lifestyle. Featuring 3beds, 2.5 bath, beautiful hardwood floors throughout, a HUGE screened in porch + patio, fully fenced in enormous backyard, these spacious indoor +outdoor spaces are perfect for entertaining. Envision yourself, friends, and family gathering around the dinner table or warming up by a fire in backyard. One bedroom has a Murphy bed that conveys with a brand new mattress and built in bookshelves, which makes for a great office space or guest room. Since there is no HOA or restrictive covenants, you could potentially build an ADU in the backyard. With brand new interior and exterior paint and fresh landscaping, this property is move-in ready!! **This home qualifies for a closing credit from Preferred Lender.

Details

Property type

Single Family Residence

Est. home value

$613,958

Lot size

7,405.2 sq ft

Price per sq ft

$424

Year built

2012

Annual property taxes

$3,915.76

Price History

06/06/2024
TriangleMLS

TriangleMLS #10026792

Price change
$625,000
-0.64%
05/02/2024
TriangleMLS

TriangleMLS #10026792

Listed
$629,000
+0.64%
06/28/2023
TriangleMLS

TriangleMLS #2513381

Sold
$625,000

Schools & Community

Neighborhood: 

North Central

Elementary school: 

Wake - Powell

Middle school: 

Wake - Ligon

High school: 

Wake - Broughton

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

$169,715
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$405,285
Cash to seller
$169,715

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

Seller’s Loan History

Lender

Pnc Bank Na

Loan start date

June 2023

Original loan amount

$410,000

Est. remaining balance

$405,285

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Benjamin Christoph and Sara Christoph

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: 07/04/2024 at 10:10 PM

Listing updated: 06/10/2024 at 5:04 AM

Listed by: Lisa M Merritt, Nest Realty of the Triangle Phone #: (919) 493-8383

MLS: TriangleMLS #10026792

TriangleMLS logo

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