tomo logo

$900,000

Beds
4
Baths
3.0
sq ft
2,434

132 Woodburn Road, Raleigh, NC 27605

132 Woodburn Road

Raleigh, NC 27605

  • 63 days on market
    • Price drop $20,000↓
Own a piece of Raleigh's history! Rare opportunity to own a Tudor revival row-style condominium, one of the 1st multiple dwelling units in the city in one of Raleigh's most sought-after neighborhoods. Walkers paradise: walk to NC State University, Village District (Cameron Village), parks & Downtown - plenty of options for dining, shopping, and entertainment. Numerous updates, but the original character is still intact. 3 levels, unfinished dry walk in basement is currently used as an artist studio with separate entrance, covered front porch overlooking tree-lined street, large privacy fenced back yard -your private gardening oasis, second floor balcony off the master bedroom, finished 3rd floor offers bedroom and bonus room with full bath is perfect for teen/guest suite, tall ceilings, original trim detail, 2 fireplaces (not being used), real hardwood floors, plenty of alley and off street parking. Gorgeous landscaping. Wall color field painting in the dining room is by George Beriline, famous artist, and professor emeritus of design at NC State (conveys). Light fixture does not, will be removed and capped prior to closing. Lots of history - don't miss this one! Lives like a townhome, condo ownership. Meticulously maintained and well loved! Please contact agent with questions. All documents are loaded in MLS. Showings to begin 9/6

Details

Property type

Townhouse

Est. home value

$892,783

Property condition

Updated/Remodeled

Lot size

2,613.6 sq ft

Price per sq ft

$370

Year built

1917

Annual property taxes

$7,891.22

Monthly HOA fee

$275

Price History

10/10/2024
TriangleMLS

TriangleMLS #10050928

Price change
$900,000
-2.17%
09/05/2024
TriangleMLS

TriangleMLS #10050928

Listed
$920,000
+211.86%
05/09/2005
TriangleMLS

TriangleMLS #740674

Sold
$295,000

Schools & Community

Neighborhood: 

Hillsborough

Elementary school: 

Wake - Wiley

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

$770,295
Asking price
$900,000
Closing costs (~8% of asking)
-$72,000
Est. remaining loan balance
-$57,705
Cash to seller
$770,295

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

Seller’s Loan History

Lender

Union Mortgage Group Inc

Loan start date

June 2013

Original loan amount

$205,400

Est. remaining balance

$57,705

Interest rate

2.56%

Loan type

New Conventional, 15 year

Seller

R Thomas Jones and Judith H Jones

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: 11/08/2024 at 6:10 AM

Listing updated: 10/23/2024 at 5:03 AM

Listed by: Ganna Fisher, Real Estate By Design Phone #: (919) 381-9456

MLS: TriangleMLS #10050928

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