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$375,000

Beds
3
Baths
2.5
sq ft
1,830

1212 Southgate Drive, Raleigh, NC 27610

1212 Southgate Drive

Raleigh, NC 27610

  • 2 days on market
    • Open house Jan 05
Convenient location to Downtown Raleigh and Garner! New roof in 2021. NO CARPET! Updated Kitchen and Primary Bath. Wooded privacy in back. Very low HOA fees. This is a great starter home or investment property.

Details

Property type

Single Family Residence

Est. home value

$343,643

Lot size

4,791.6 sq ft

Price per sq ft

$205

Year built

2005

Annual property taxes

$3,206

Monthly HOA fee

$17

Price History

01/02/2025
TriangleMLS

TriangleMLS #10068864

Listed
$375,000
+106.04%
07/29/2018
TriangleMLS

TriangleMLS #2200175

Sold
$182,000
+23.81%
05/28/2008
TriangleMLS

TriangleMLS #989670

Sold
$147,000
+5.08%

Schools & Community

Neighborhood: 

South Raleigh

Elementary school: 

Wake - Walnut Creek

Middle school: 

Wake - West Lake

High school: 

Wake - S E Raleigh

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

$337,559
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$7,441
Cash to seller
$337,559

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

Seller’s Loan History

Lender

Department Of Housing & Urban Dev

Loan start date

January 2021

Original loan amount

$8,303

Est. remaining balance

$7,441

Interest rate

2.71%

Loan type

FHA, 27 year

Seller

Jaouad Haji and Safaa Louardirhi

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?

Status: Active

Tomo last checked: 01/04/2025 at 7:45 PM

Listing updated: 01/04/2025 at 4:30 AM

Listed by: Yvonne Schaefer, Real Broker, LLC Phone #: (919) 348-2585

MLS: TriangleMLS #10068864

TriangleMLS logo

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