tomo logo

$375,000

Beds
3
Baths
1.0
sq ft
1,015

1206 Downing Road, Raleigh, NC 27610

1206 Downing Road

Raleigh, NC 27610

  • 38 days on market
Charming ITB Bungalow that was fully renovated in 2018 including a new roof, new windows, HVAC and refinished hardwoods. Kitchen has new cabinets and granite.

Details

Property type

Single Family Residence

Est. home value

$355,052

Property condition

Updated/Remodeled

Lot size

8,712 sq ft

Price per sq ft

$370

Year built

1955

Annual property taxes

$3,286

Price History

10/12/2024
TriangleMLS

TriangleMLS #10057966

Listed
$375,000
+1.35%
06/22/2022
TriangleMLS

TriangleMLS #2442693

Sold
$370,000

Schools & Community

Neighborhood: 

East Raleigh

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

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

-$7,242
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$352,242
Cash to seller
-$7,242

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

Seller’s Loan History

Lender

Alcova Mortgage Llc

Loan start date

June 2022

Original loan amount

$365,759

Est. remaining balance

$352,242

Interest rate

5%

Loan type

VA, 30 year

Seller

Robert Bruce Byerly and Cristen N Moore

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: 11/19/2024 at 8:40 AM

Listing updated: 10/20/2024 at 1:40 PM

Listed by: Deborah Niehaus, Adorn Realty Phone #: (919) 323-5032

MLS: TriangleMLS #10057966

TriangleMLS logo

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