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$355,052Estimated home value

Beds
3
Baths
1.0
sq ft
1,015

1206 Downing Road, Raleigh, NC 27610

1206 Downing Road

Raleigh, NC 27610

  • Sold On 6/22/2022
Great opportunity to live in fast growing area close to downtown, Five Points, restaurants and shopping. Whole house was updated in 2018 including new roof, windows, HVAC and refinished hardwoods; Kitchen with updated with granite countertops, cabinets, appliances and flooring; Bathroom with updated with flooring, vanity, toilet and tile backsplash; Blinds throughout; Ceiling fans; Washer/dryer & refrigerator included (as is). Large fenced in backyard. Walking distance to Crabtree greenway & Lockwood Park

Details

Property type

Single Family Residence

Est. home value

$355,052

Lot size

8,712 sq ft

Price per sq ft

$365

Year built

1955

Annual property taxes

$1,981

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 - Powell

Middle school: 

Wake - Martin

High school: 

Wake - Enloe

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

-$11,346
Asking price
$370,000
Closing costs (~8% of asking)
-$29,600
Est. remaining loan balance
-$351,746
Cash to seller
-$11,346

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

$351,746

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: Off Market

Tomo last checked: 12/22/2024 at 12:15 AM

Listing updated: 02/22/2024 at 8:44 PM

Listed by: Mark A Moye, HTR Capital Group Phone #: (919) 879-8777

MLS: TriangleMLS #2442693

TriangleMLS logo

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