tomo logo

$354,900

Beds
3
Baths
2.5
sq ft
1,622

1700 Crag Burn Lane, Raleigh, NC 27604

1700 Crag Burn Lane

Raleigh, NC 27604

  • 42 days on market
    • Price drop $4,100↓
Beautiful and spacious transitional home in the popular Hedingham Subdivision right in the heart of Raleigh! A brick front home that is back to the golf course and convenient to downtown Raleigh, I540, 401 and major shopping at this price point can't be found anywhere in Raleigh! Home has gone through extensive renovation: New roof, paint, carpet, stainless steel refrigerator, dishwasher, countertop, kitchen back splash and many light fixtures. An open floor plan with very large family room connecting to dining room and kitchen. Master bedroom is huge with cathedral ceiling on the second floor, with a sizable walk-in closet. Two additional large bedrooms with laundry room nearby for convenience. Beautiful backyard overlooking lushing green from the golf course, and covered front porch to add to outdoor living and entertainment. A lot of house for the money, especially at this price point!

Details

Property type

Single Family Residence

Est. home value

$331,805

Lot size

5,227.2 sq ft

Price per sq ft

$219

Year built

1998

Annual property taxes

$2,463.78

Monthly HOA fee

$65

Price History

06/21/2024
TriangleMLS

TriangleMLS #10031299

Price change
$354,900
-1.14%
05/24/2024
TriangleMLS

TriangleMLS #10031299

Listed
$359,000
+24.65%
03/27/2024
TriangleMLS

TriangleMLS #2543369

Sold
$288,000
-7.1%

Schools & Community

Neighborhood: 

Northeast Raleigh

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

Community features: 

Golf, 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

$37,390
Asking price
$354,900
Closing costs (~8% of asking)
-$28,392
Est. remaining loan balance
-$289,118
Cash to seller
$37,390

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

March 2023

Original loan amount

$293,550

Est. remaining balance

$289,118

Interest rate

6.13%

Loan type

New Conventional, 30 year

Seller

Omar Abdur Rahman

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: 07/04/2024 at 11:35 PM

Listing updated: 06/21/2024 at 9:03 AM

Listed by: Tuan Nguyen, Golden Realty Phone #: (919) 605-7892

MLS: TriangleMLS #10031299

TriangleMLS logo

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