tomo logo

$450,000

Beds
5
Baths
2.0
sq ft
2,153

2809 Newark Drive, Raleigh, NC 27610

2809 Newark Drive

Raleigh, NC 27610

  • 154 days on market
Renovated and ready for you! Convenient to Downtown Raleigh, the beltline and so much more! Minutes from future projected development such as Downtown South! Renovations make this home ideal and ''turnkey'' ready. Spacious basement renovations adds the ideal flexibility of additional entertainment, sleeping and storage space. Don't miss this rare opportunity for flexible living space, spacious yard, and NO HOA!

Details

Property type

Single Family Residence

Est. home value

$489,009

Lot size

0.31 acres

Price per sq ft

$210

Year built

1967

Annual property taxes

$1,456.62

Price History

02/01/2024
TriangleMLS

TriangleMLS #10009102

Listed
$450,000
+28.57%
04/13/2022
TriangleMLS

TriangleMLS #2437744

Sold
$350,000
+70.73%
11/05/2021
TriangleMLS

TriangleMLS #2415265

Sold
$205,000

Schools & Community

Neighborhood: 

South Raleigh

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$158,111
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$255,889
Cash to seller
$158,111

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

August 2022

Original loan amount

$262,500

Est. remaining balance

$255,889

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Jennifer M Utz

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: 07/05/2024 at 12:05 AM

Listing updated: 05/07/2024 at 6:44 AM

Listed by: Hunter Cutright, EXP Realty LLC Phone #: (888) 584-9831

MLS: TriangleMLS #10009102

TriangleMLS logo

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