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$566,182Estimated home value

Beds
3
Baths
2.5
sq ft
1,643

27 Summit Avenue, Raleigh, NC 27603

27 Summit Avenue

Raleigh, NC 27603

  • Sold On 8/16/2022
A light-filled Foursquare in a fantastic ITB location. 1st floor totally renovated in 2020 to create a thoughtfully designed kitchen, high-end appliances and an eight-foot island, as well as a walk-in laundry & new half bath. The house faces the lovely Eliza Pool park, bordered by two greenways, in close proximity to Dix Park, Farmer's Market, the new Downtown South project. 1 mile to the heart of Downtown Raleigh, visited by thousands of migrating birds, this house and neighborhood are truly special.

Details

Property type

Single Family Residence

Est. home value

$566,182

Lot size

9,147.6 sq ft

Price per sq ft

$365

Year built

1984

Annual property taxes

$2,699

Price History

03/08/2025
TriangleMLS

TriangleMLS #10038315

Removed
$645,000
02/02/2025
TriangleMLS

TriangleMLS #10038315

Removed
$645,000
10/20/2024
TriangleMLS

TriangleMLS #10038315

Listed
$645,000

Schools & Community

Neighborhood: 

Southwest Raleigh

Elementary school: 

Wake - Washington

Middle school: 

Wake - Ligon

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

$73,123
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$477,957
Cash to seller
$73,123

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

$477,957

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: Off Market

Tomo last checked: 04/01/2025 at 2:05 PM

Listing updated: 02/20/2025 at 2:56 PM

Listed by: Cecilia Zuvic, Monarch Realty Co. Phone #: (919) 606-2905

MLS: TriangleMLS #2453722

TriangleMLS logo

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