tomo logo

$600,000

Beds
3
Baths
3.0
sq ft
2,313

307 South Arendell Avenue, Zebulon, NC 27597

307 South Arendell Avenue

Zebulon, NC 27597

  • 31 days on market
Great ranch home & lot being sold as package. Both 305 S Arendell (land) and 307 S Arendell (home) are being sold as one package. Total Acreage is 1.88 acres (307 is 0.85acres & 305 is 1.03acres). Brick ranch in wonderful shape - all hard flooring - no carpet! Updated kitchen with granite counters, stainless steel appliances, and lots of cabinets. Family room with statement fireplace. 3 bedroom & 2 full bathrooms. Large, dedicated laundry room. The converted garage has kitchen and full bathroom. With a separate entrance, this space has the possibility to be an income producing space. The outdoor area has endless possibilities. Shed and workshop already in place (blue shed not conveying). Home backs up to Zebulon Community Park! Refrigerator, washer and dryer conveying with sale! Elementary & Middle Schools less than 2 miles. High School 8 miles. Downtown Raleigh is only 25 miles & RDU Airport is 36 miles. Garage and back porch were completed without permits. Total heated square footage of home is 2313sqft. Approximately 410sqft were not permitted - 1903sqft is permitted, heated space. Once a ''mini-split'' HVAC system is added to back porch, another 245sqft of heated space could be captured.

Details

Property type

Single Family Residence

Est. home value

$351,900

Lot size

1.88 acres

Price per sq ft

$260

Year built

1966

Annual property taxes

$3,757

Price History

11/21/2024
TriangleMLS

TriangleMLS #10064399

Listed
$600,000
+155.43%
06/29/2018
TriangleMLS

TriangleMLS #2192788

Sold
$234,900

Schools & Community

Elementary school: 

Wake - Zebulon

Middle school: 

Wake - Zebulon

High school: 

Wake - East Wake

Community features: 

None

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

$338,787
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$213,213
Cash to seller
$338,787

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

November 2020

Original loan amount

$234,584

Est. remaining balance

$213,213

Interest rate

2.87%

Loan type

VA, 30 year

Seller

George Herbert Wilcox Iii and Mayra Wilcox

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 10:30 AM

Listing updated: 12/18/2024 at 1:55 PM

Listed by: Todd Harrison, LPT Realty, LLC Phone #: (919) 376-7193

MLS: TriangleMLS #10064399

TriangleMLS logo

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