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$525,000

Beds
3
Baths
2.0
sq ft
1,206

305 Freeman Street, Raleigh, NC 27601

305 Freeman Street

Raleigh, NC 27601

  • 23 days on market
This charming historic bungalow, nestled in the heart of one of downtown Raleigh's most sought after neighborhoods, offers an inviting open floor plan perfect for entertaining. The vaulted kitchen features stunning granite countertops, custom cabinets, and stainless steel appliances. Beautiful hardwoods flow throughout the living spaces, and the updated bathrooms boast custom tile floors and tub surrounds. Enjoy relaxing on the rocking chair front porch or private back deck.

Details

Property type

Single Family Residence

Est. home value

$415,391

Property condition

Updated/Remodeled

Lot size

3,484.8 sq ft

Price per sq ft

$436

Year built

1930

Annual property taxes

$3,799

Price History

03/11/2025
TriangleMLS

TriangleMLS #10080828

Listed
$525,000
+228.33%
05/27/2010
TriangleMLS

TriangleMLS #1719359

Sold
$159,900
+166.5%
01/06/2010
TriangleMLS

TriangleMLS #1696496

Sold
$60,000

Schools & Community

Neighborhood: 

South Central

Elementary school: 

Wake - Hunter

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

$379,219
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$103,781
Cash to seller
$379,219

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

Seller’s Loan History

Lender

Suntrust Mortgage Inc

Loan start date

October 2014

Original loan amount

$133,000

Est. remaining balance

$103,781

Interest rate

4.12%

Loan type

New Conventional, 30 year

Seller

Elizabeth H Weichel

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: 03/30/2025 at 8:20 PM

Listing updated: 03/12/2025 at 2:55 AM

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

MLS: TriangleMLS #10080828

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