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$625,000

Beds
2
Baths
2.0
sq ft
1,436

1535 Caraleigh Mills Court Unit 104, Raleigh, NC 27603

1535 Caraleigh Mills Court Unit 104

Raleigh, NC 27603

  • 15 days on market
Discover a unique piece of Raleigh history with this stunning two-bedroom, two-bathroom condo in a beautifully preserved building from 1892. Originally a textile factory, this historic gem blends vintage charm with modern luxury. Enjoy exposed brick walls, loft-height ceilings, oversized windows, and original hardwood floors. The updated kitchen features quartz countertops and new appliances, while both bathrooms are tastefully modernized. The entire unit has been repainted. The open layout is perfect for relaxing and entertaining. Community amenities include gated parking, a pool, gym, clubhouse, community kitchen, game room and dog park. Also included EV charging. Centrally located, you're close to vibrant shopping, dining, and entertainment options. This pet-friendly condo offers both historical character and modern convenience.

Details

Property type

Condominium

Est. home value

$559,321

Lot size

Unknown

Price per sq ft

$436

Year built

1892

Annual property taxes

$2,014.77

Monthly HOA fee

$484

Price History

06/17/2024
TriangleMLS

TriangleMLS #10036172

Listed
$625,000
+31.58%
03/21/2024
TriangleMLS

TriangleMLS #10008370

Sold
$475,000
-2.86%
02/23/2024
TriangleMLS

TriangleMLS #10008370

Pending
$489,000

Schools & Community

Neighborhood: 

Southwest Raleigh

Elementary school: 

Wake - Farmington Woods

Middle school: 

Wake - Martin

High school: 

Wake - Broughton

Community features: 

Clubhouse, Fitness Center, Gated, Park, Pool

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

$258,091
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$316,909
Cash to seller
$258,091

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

Seller’s Loan History

Lender

Cornerstone Home Lending Inc

Loan start date

August 2021

Original loan amount

$337,500

Est. remaining balance

$316,909

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Niko Hallassou Spezial

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: 07/02/2024 at 7:45 PM

Listing updated: 06/19/2024 at 5:03 AM

Listed by: Kimberlee Beth Edwards, Keller Williams Realty Cary Phone #: (919) 882-3200

MLS: TriangleMLS #10036172

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