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$487,000

Beds
2
Baths
2.0
sq ft
1,170

222 Glenwood Ave Unit 307, Raleigh, NC 27603

222 Glenwood Ave Unit 307

Raleigh, NC 27603

  • 142 days on market
    • Price drop $3,000↓
Absolutely stunning 2 bedroom, 2 full bathroom condo located in downtown Raleigh! Don't miss out on this amazing opportunity to own this exterior facing unit. Restaurants and nail salon located on the first floor of the building. Building also features a gym, pool and 9-5 desk attendant. Unit features 2 parking spaces plus a storage unit. Walk to restaurants, grocery stores and much more.

Details

Property type

Condominium

Est. home value

$461,053

Lot size

Unknown

Price per sq ft

$417

Year built

2007

Annual property taxes

$4,103

Monthly HOA fee

$448

Price History

09/27/2024
TriangleMLS

TriangleMLS #10044454

Price change
$487,000
-0.61%
08/01/2024
TriangleMLS

TriangleMLS #10044454

Listed
$490,000
+48.53%
12/14/2017
TriangleMLS

TriangleMLS #2151573

Sold
$329,900
+12.59%

Schools & Community

Neighborhood: 

Hillsborough

Elementary school: 

Wake - Wiley

Middle school: 

Wake - Oberlin

High school: 

Wake - Broughton

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

$292,012
Asking price
$487,000
Closing costs (~8% of asking)
-$38,960
Est. remaining loan balance
-$156,028
Cash to seller
$292,012

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

Seller’s Loan History

Lender

United Bank

Loan start date

March 2021

Original loan amount

$200,000

Est. remaining balance

$156,028

Interest rate

2.21%

Loan type

New Conventional, 15 year

Seller

Christin Curtis and Steven A Kopcsak

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: 12/21/2024 at 11:05 PM

Listing updated: 12/18/2024 at 1:54 PM

Listed by: Brooke Young, Keller Williams Preferred Realty Phone #: (919) 471-8000

MLS: TriangleMLS #10044454

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