tomo logo

$364,900

Beds
1
Baths
1.0
sq ft
865

222 Glenwood Ave Unit 702, Raleigh, NC 27603

222 Glenwood Ave Unit 702

Raleigh, NC 27603

  • 2 days on market
Glenwood South serves as the nexus of downtown Raleigh, and the private residences at 222 Glenwood offer the optimum mix of location, amenities, and convenience. This top floor, upgraded unit includes built-ins in the living room and the office space, including a daybed. The modern kitchen provides an excellent spot to host and entertain, including stainless appliances and granite countertops. The private balcony boats arguably the best view on Glenwood South, directly facing both the downtown Fayetteville Street and Warehouse districts, overlooks the courtyard and pool, and provides an abundance of natural light during the day. The spacious bathroom includes double vanity sinks. Incredible interior location, near the end of a hall and close to the parking deck and the freight evaluator for easy move in/out. Amenities enjoyed by residents include gated parking, saltwater pool, exterior courtyard with fireplace and grilling area, private fitness center, and a desk attendant. This condo puts you just steps away from all that downtown Raleigh's vibrant community has to offer, including some of the best shopping, dining, and nightlife in all of the city.

Details

Property type

Condominium

Est. home value

$367,673

Lot size

Unknown

Price per sq ft

$422

Year built

2007

Annual property taxes

$3,229.34

Monthly HOA fee

$346.13

Price History

01/04/2025
TriangleMLS

TriangleMLS #10069208

Listed
$364,900
+15.84%
06/02/2021
TriangleMLS

TriangleMLS #2370863

Sold
$315,000
+32.63%
02/26/2009
TriangleMLS

TriangleMLS #1644623

Sold
$237,500

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

$117,474
Asking price
$364,900
Closing costs (~8% of asking)
-$29,192
Est. remaining loan balance
-$218,234
Cash to seller
$117,474

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 Wholesale Mortgage

Loan start date

May 2021

Original loan amount

$236,250

Est. remaining balance

$218,234

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

William Andrew Jacki

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?

Status: Active

Tomo last checked: 01/06/2025 at 3:45 PM

Listing updated: 01/04/2025 at 12:30 PM

Listed by: Brandon Yopp, The Oceanaire Realty Phone #: (919) 608-2760

MLS: TriangleMLS #10069208

TriangleMLS logo

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