tomo logo

$399,500

Beds
5
Baths
2.0
sq ft
2,153

2809 Newark Drive, Raleigh, NC 27610

2809 Newark Drive

Raleigh, NC 27610

  • 58 days on market
    • Price drop $500↓
Renovated with luxury finishes with the ideal floor plan for entertaining, house hacking and much more! Minutes from Red Hat Amphitheater, Walnut Creek Music Park, Lenovo Center, Restaurants and shopping!

Details

Property type

Single Family Residence

Est. home value

$489,009

Lot size

0.31 acres

Price per sq ft

$186

Year built

1967

Annual property taxes

$2,821.2

Price History

12/21/2024
TriangleMLS

TriangleMLS #10060359

Price change
$399,500
-0.13%
10/26/2024
TriangleMLS

TriangleMLS #10060359

Listed
$400,000
-11.11%
08/14/2024
TriangleMLS

TriangleMLS #10009102

Removed
$450,000

Schools & Community

Neighborhood: 

South Raleigh

Elementary school: 

Wake - Timber Drive

Middle school: 

Wake - Lufkin Road

High school: 

Wake - S E Raleigh

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

$113,188
Asking price
$399,500
Closing costs (~8% of asking)
-$31,960
Est. remaining loan balance
-$254,352
Cash to seller
$113,188

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

$254,352

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: 12/23/2024 at 2:40 PM

Listing updated: 12/20/2024 at 8:40 PM

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

MLS: TriangleMLS #10060359

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