tomo logo

$424,000

Beds
2
Baths
1.0
sq ft
859

1716 Bennett Street, Raleigh, NC 27604

1716 Bennett Street

Raleigh, NC 27604

  • 74 days on market
    • Price drop $5,000↓
This charming 2-bedroom, 1-bathroom home invites you to experience a peaceful retreat near the city. A spacious lot, a rarity for downtown areas, provides a serene outdoor space for gardening, entertaining, or simply enjoying the sunshine. Inside, discover a cozy and inviting living space that's perfect for unwinding after a long day. With its prime location, you're just a short distance away from Raleigh's vibrant downtown scene, offering endless opportunities for dining, shopping, and entertainment. The home is also very close to popular Lions Park, just a short walk away. This charming cottage is more than just a home; it's a lifestyle. Don't miss this opportunity to own a piece of history in the heart of Raleigh.

Details

Property type

Single Family Residence

Est. home value

$413,945

Lot size

8,276.4 sq ft

Price per sq ft

$494

Year built

1949

Annual property taxes

$3,518.32

Price History

11/12/2024
TriangleMLS

TriangleMLS #10050866

Price change
$424,000
-1.17%
10/16/2024
TriangleMLS

TriangleMLS #10050866

Price change
$429,000
-2.39%
09/26/2024
TriangleMLS

TriangleMLS #10050866

Price change
$439,500
-1.24%

Schools & Community

Neighborhood: 

East Raleigh

Elementary school: 

Wake - Conn

Middle school: 

Wake - Ligon

High school: 

Wake - Enloe

Community features: 

Park

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

$159,744
Asking price
$424,000
Closing costs (~8% of asking)
-$33,920
Est. remaining loan balance
-$230,336
Cash to seller
$159,744

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

Seller’s Loan History

Lender

First National Bank Of Pennsylvania

Loan start date

November 2020

Original loan amount

$252,875

Est. remaining balance

$230,336

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Hunter C Freeman

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: 11/19/2024 at 8:25 AM

Listing updated: 11/12/2024 at 11:30 AM

Listed by: Autumn DuBois, Compass -- Raleigh Phone #: (919) 726-6548

MLS: TriangleMLS #10050866

TriangleMLS logo

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