tomo logo

$825,000

Beds
4
Baths
2.5
sq ft
2,641

1304 North Salem Street, Apex, NC 27502

1304 North Salem Street

Apex, NC 27502

  • 32 days on market
POTENTIAL COMMERCIAL: Stunning brick home in the heart of Apex offers a perfect blend of classic elegance and modern potential. With 4 bedrooms and 2.5 bathrooms and approximately 2600 SQFT this property is perfect for those seeking comfort and style. With an expansive living room with cedar beams and a magnificent fireplace this space creates a warm and inviting atmosphere. A full walkout basement offers endless possibilities. Situated on almost a half acre lot this property provides ample space for outdoor fun. Located just moments from downtown Apex, this property offers both convenience and charm. There are no HOA restrictions and this property presents a unique opportunity for potential commercial use. Just imagine your business thriving in this vibrant community. Don't miss your chance to own this versatile and beautiful property.

Details

Property type

Single Family Residence

Est. home value

$569,616

Lot size

0.46 acres

Price per sq ft

$313

Year built

1950

Annual property taxes

$4,470.62

Price History

08/16/2024
TriangleMLS

TriangleMLS #10047243

Listed
$825,000
+376.88%
01/12/2015
TriangleMLS

TriangleMLS #1980942

Sold
$173,000
+8.13%
07/01/2002
TriangleMLS

TriangleMLS #643410

Sold
$160,000

Schools & Community

Elementary school: 

Wake - Salem

Middle school: 

Wake - Salem

High school: 

Wake - Apex

Community features: 

None

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

$702,123
Asking price
$825,000
Closing costs (~8% of asking)
-$66,000
Est. remaining loan balance
-$56,877
Cash to seller
$702,123

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

January 2015

Original loan amount

$138,400

Est. remaining balance

$56,877

Interest rate

3.17%

Loan type

New Conventional, 15 year

Seller

Jose Rigoberto Guevara and Gilma Rosibel Argueta

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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TriangleMLS
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218 Wendhurst Court, Apex, NC 27502

Status: Active

Tomo last checked: 09/17/2024 at 11:05 PM

Listing updated: 09/16/2024 at 7:20 AM

Listed by: Valerie Caballero, Grow Local Realty, LLC Phone #: (919) 830-5233

MLS: TriangleMLS #10047243

TriangleMLS logo

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