tomo logo

$349,000

Beds
3
Baths
1.0
sq ft
935

2229 Sheffield Road, Raleigh, NC 27610

2229 Sheffield Road

Raleigh, NC 27610

  • 5 days on market
Investor Alert! Discover this charming brick bungalow nestled inside the beltway, right in the heart of Raleigh! This 3-bedroom, 1-bath home offers a perfect blend of classic charm and modern updates. Step inside to find a spacious open living area bathed in natural light, complete with beautiful wood flooring and elegant recessed lighting throughout. The updated kitchen is a chef's delight, featuring sleek white cabinetry with soft-close hinges, stainless steel appliances, a convenient pantry, and granite countertops. The full bath boasts a modern aesthetic with a subway tile shower/bath, tile flooring, and a stylish updated vanity. The expansive backyard is an entertainer's dream, complete with a large deck, fenced-in yard, and a handy storage shed, perfect for outdoor activities and gatherings. Conveniently located close to schools, shopping centers, Wake Med, and just under 10 minutes to downtown Raleigh, this bungalow is a true gem in an unbeatable location!

Details

Property type

Single Family Residence

Est. home value

$398,119

Lot size

9,147.6 sq ft

Price per sq ft

$374

Year built

1950

Annual property taxes

$3,255

Price History

09/13/2024
TriangleMLS

TriangleMLS #10052663

Listed
$349,000
+48.57%
09/05/2018
TriangleMLS

TriangleMLS #2201871

Sold
$234,900
+248%
05/18/1998
TriangleMLS

TriangleMLS #474523

Sold
$67,500

Schools & Community

Neighborhood: 

East Raleigh

Elementary school: 

Wake - Underwood

Middle school: 

Wake - Martin

High school: 

Wake - Enloe

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

$122,054
Asking price
$349,000
Closing costs (~8% of asking)
-$27,920
Est. remaining loan balance
-$199,026
Cash to seller
$122,054

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

August 2018

Original loan amount

$223,155

Est. remaining balance

$199,026

Interest rate

4.53%

Loan type

New Conventional, 30 year

Seller

Julie E Bassett Garner and Bryan K Garner

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: 09/18/2024 at 9:40 PM

Listing updated: 09/15/2024 at 3:20 AM

Listed by: Liz Brown, Compass -- Cary Phone #: (919) 769-1956

MLS: TriangleMLS #10052663

TriangleMLS logo

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