tomo logo

$650,000

Beds
3
Baths
2.5
sq ft
1,648

27 Summit Avenue, Raleigh, NC 27603

27 Summit Avenue

Raleigh, NC 27603

  • 4 days on market
Location Location! Welcome home to this ITB beauty! Close to everything downtown Raleigh has to offer, this 3 bedroom, 2.5 bath home is sure to please! From the large covered front porch to the natural light accentuating the site finished hardwoods! Feast your eyes on the gorgeous kitchen boasting an 8 foot island with beautiful granite countertop, high end appliances, quartz countertops, and beautiful cabinetry! Generous primary suite and spacious secondary bedrooms. Newly installed turf hardscape in backyard serves multi purposes! Walk across the road and enjoy a fun day at Eliza Pool Park or take a walk on one of the two greenways! HVAC 2020, Hardwoods 2020, Windows 2014, Roof ~2010

Details

Property type

Single Family Residence

Est. home value

$566,182

Lot size

9,147.6 sq ft

Price per sq ft

$395

Year built

1984

Annual property taxes

$3,662.07

Price History

06/28/2024
TriangleMLS

TriangleMLS #10038315

Listed
$650,000
+13.04%
08/16/2022
TriangleMLS

TriangleMLS #2453722

Sold
$575,000
+194.87%
09/29/2014
TriangleMLS

TriangleMLS #1965158

Sold
$195,000

Schools & Community

Neighborhood: 

Southwest Raleigh

Elementary school: 

Wake - Washington

Middle school: 

Wake - Ligon

High school: 

Wake - Enloe

Community features: 

Park, Playground, Sidewalks, Street Lights

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

$99,332
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$498,668
Cash to seller
$99,332

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

August 2022

Original loan amount

$546,250

Est. remaining balance

$498,668

Interest rate

4.83%

Loan type

New Conventional, 15 year

Seller

Leonard Ralph Warden Ii and Sharday Warden

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: 07/02/2024 at 7:25 PM

Listing updated: 06/30/2024 at 5:54 AM

Listed by: Julie Chriscoe, ERA Live Moore Phone #: (919) 500-7570

MLS: TriangleMLS #10038315

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