tomo logo

$550,000

Beds
2
Baths
2.0
sq ft
1,202

1300 St Marys Street Unit 404, Raleigh, NC 27605

1300 St Marys Street Unit 404

Raleigh, NC 27605

  • <1 day on market
Welcome to this beautifully upgraded fourth-floor condo at 1300 St. Mary's Street in Raleigh! With an open floor plan designed for modern living, this unit offers ample space and chic style. Both bedrooms feature Elfa storage systems in the closets, ensuring organization and ease. The property offers a refreshing pool for summer relaxation, a well-equipped workout room, a brand-new fence around the pool, and thoughtful exterior updates including new lighting throughout. The common areas have been freshly painted, and new carpet has been added to all shared spaces for an added touch of comfort. Every unit includes a convenient storage unit off the lobby and a designated parking spot, adding to the functionality of the home. This neighborhood is full of amenities and charm! Enjoy being just a short walk from the Village District, with its lively shops, restaurants, and more, plus it's a fantastic walking neighborhood.

Details

Property type

Condominium

Est. home value

$526,896

Lot size

Unknown

Price per sq ft

$458

Year built

2015

Annual property taxes

$4,959

Monthly HOA fee

$471.8

Price History

01/30/2025
TriangleMLS

TriangleMLS #10073713

Listed
$550,000
+47.94%
10/24/2016
TriangleMLS

TriangleMLS #2035187

Sold
$371,775

Schools & Community

Neighborhood: 

Five Points

Elementary school: 

Wake - Lacy

Middle school: 

Wake - Oberlin

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

$273,153
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$232,847
Cash to seller
$273,153

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

September 2020

Original loan amount

$257,500

Est. remaining balance

$232,847

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Sarah Caroline Cunningham

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: 01/30/2025 at 8:15 PM

Listing updated: 01/30/2025 at 5:26 PM

Listed by: Charlotte Quinn, Rich Realty Group Phone #: (919) 710-0256

MLS: TriangleMLS #10073713

TriangleMLS logo

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