tomo logo

$1,295,000

Beds
5
Baths
5.0
sq ft
4,833

1526 Brooks Avenue, Raleigh, NC 27607

1526 Brooks Avenue

Raleigh, NC 27607

  • 25 days on market
    • Price drop $55,000↓
Hard to beat the value of this 4800+ sq ft Inside the Beltline Home near Banbury Park! Elegant French Chateau style home filled with elevated finishes throughout...from marble floors and countertops, French Chandeliers, Custom painted mural, detailed carved moldings, high ceilings and custom built-ins! Relax or entertain in the outdoor kitchen/patio and two-level pool/spa. Make an entrance with the open, 2 story Grand Foyer with hand crafted metal railings. 1st Floor Primary suite with marble, steam shower, and elegant soaking tub. 4 Bedrooms upstairs with additional Family room and spacious laundry. 3rd floor rec/theater room is the ultimate spot to entertain with built-in theater seating, pool table and wet bar. Convenient to everything Raleigh has to offer!

Details

Property type

Single Family Residence

Est. home value

$1,562,137

Lot size

0.26 acres

Price per sq ft

$268

Year built

2000

Annual property taxes

$10,658.26

Price History

10/24/2024
TriangleMLS

TriangleMLS #10057535

Price change
$1,295,000
-4.07%
10/10/2024
TriangleMLS

TriangleMLS #10057535

Listed
$1,350,000
+86.98%
10/28/2014
TriangleMLS

TriangleMLS #1947183

Sold
$722,000
-37.22%

Schools & Community

Neighborhood: 

Wade

Elementary school: 

Wake - Lacy

Middle school: 

Wake - Martin

High school: 

Wake - Broughton

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

State Employees Cu

Loan start date

October 2016

Original loan amount

$747,900

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Christopher Corchiani

Lender

Washington Mutual Bank Fa

Loan start date

August 2002

Original loan amount

$942,000

Est. remaining balance

Not provided

Interest rate

5.5%

Loan type

Not Provided, 30 year

Seller

Christopher Corchiani and Stewart H Corchiani

Lender

Numax Mtg Corp

Loan start date

August 2001

Original loan amount

$928,000

Est. remaining balance

Not provided

Interest rate

7.99%

Loan type

Not Provided, 30 year

Seller

Christopher Corchiani and Stewart H Corchiani

Lender

Southtrust Bank

Loan start date

October 2000

Original loan amount

$192,000

Est. remaining balance

Not provided

Interest rate

7.96%

Loan type

Not Provided

Seller

Christopher Corchiani and Stewart H Corchiani

Lender

World Svgs Bank Fsb

Loan start date

October 2000

Original loan amount

$687,500

Est. remaining balance

Not provided

Interest rate

7.96%

Loan type

Stand Alone First, 30 year

Seller

Christopher Corchiani and Stewart H Corchiani

Lender

Bank Of America

Loan start date

December 1999

Original loan amount

$348,000

Est. remaining balance

Not provided

Interest rate

7.84%

Loan type

Credit Line (Revolving), 1 year

Seller

Christopher Corchiani and Stewart H Corchiani

Lender

Bank Of America

Loan start date

October 1999

Original loan amount

$171,000

Est. remaining balance

$0

Interest rate

7.88%

Loan type

Not Provided, 1 year

Seller

Christopher Corchiani and Stewart H Corchiani

Lender

Lumina Mtg Company Inc

Loan start date

June 1999

Original loan amount

$178,110

Est. remaining balance

Not provided

Interest rate

7.5%

Loan type

Not Provided, 30 year

Seller

Christopher Corchiani and Stewart Corchiani

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: 11/05/2024 at 4:20 AM

Listing updated: 10/24/2024 at 2:01 PM

Listed by: Michael Proctor, Triangle Home Team Realty Phone #: (919) 355-8063

MLS: TriangleMLS #10057535

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