tomo logo

$995,000

Beds
4
Baths
4.0
sq ft
2,220

221 Woodsborough Place, Raleigh, NC 27601

221 Woodsborough Place

Raleigh, NC 27601

  • 114 days on market
    • Price drop $154,900↓
Attention Home Owners or Investors! This stunning New construction home features the same high end finishes as nearby 2024 Parade of Homes Winner, 207 Woodsborough Pl. INCOME producing with 8-12k a month in potential income!! Investors or Homeowners- this is an exceptional opportunity in the heart of Downtown Raleigh with amazing income potential! Invest and use as a Airbnb or corporate furnished rental, with potential monthly income ranging from $8,000 to $12,000. (One unit on Airbnb for $599 a night) Located in the heart of the downtown attractions and Raleigh's vibrant cultural scene. New construction with an amazing downtown skyline view is just icing on the cake! Andddddd, this is the perfect time to invest with $7.1 billion currently invested in downtown development per the Downtown Raleigh Alliance. This includes $2.4 billion in completed projects, $911 million currently under construction across 19 sites, and $3.8 billion in planned or proposed developments. Now is the perfect time to invest with Raleigh's dynamic growth. Don't miss out on this outstanding opportunity. Pictures of staged model unit 207. Finishes may vary

Details

Property type

Single Family Residence

Est. home value

$776,136

Property condition

New Construction

Lot size

2,613.6 sq ft

Price per sq ft

$449

Year built

2024

Annual property taxes

$2,753.34

HOA

Yes

Price History

09/27/2024
TriangleMLS

TriangleMLS #10049792

Price change
$995,000
-13.47%
08/30/2024
TriangleMLS

TriangleMLS #10049792

Listed
$1,149,900
-8.01%
02/19/2024
TriangleMLS

TriangleMLS #2456600

Removed
$1,250,000

Schools & Community

Neighborhood: 

South Central

Elementary school: 

Wake - Root

Middle school: 

Wake - Moore Square Museum

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

Joseph R Roth Etal

Loan start date

November 2022

Original loan amount

$225,000

Est. remaining balance

Not provided

Interest rate

6.66%

Loan type

Stand Alone Second, 1 year

Seller

Row 12 Llc

Lender

Haley R Roth Etal

Loan start date

February 2021

Original loan amount

$135,000

Est. remaining balance

$0

Interest rate

2.65%

Loan type

Not Provided, 1 year

Seller

Row 12 Llc

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?

Similar Homes Nearby

Price drop
TriangleMLS
$994,000
4 bd
|
4 ba
|
2,220 sq ft
|
House

217 Woodsborough Place, Raleigh, NC 27601

TriangleMLS
$995,000
4 bd
|
4 ba
|
2,220 sq ft
|
House

215 Woodsborough Place, Raleigh, NC 27601

Price drop
TriangleMLS
$994,000
4 bd
|
4 ba
|
2,220 sq ft
|
House

227 Woodsborough Place, Raleigh, NC 27601

Status: Active

Tomo last checked: 12/23/2024 at 5:35 AM

Listing updated: 12/18/2024 at 1:55 PM

Listed by: Stephanie Anson, Northside Realty Inc. Phone #: (919) 784-0101

MLS: TriangleMLS #10049792

TriangleMLS logo

Recently listed in Raleigh