tomo logo

$699,000

Beds
4
Baths
3.5
sq ft
3,454

313 Martindale Drive, Raleigh, NC 27614

313 Martindale Drive

Raleigh, NC 27614

  • 81 days on market
    • Price drop $26,000↓
OFFERING 5K CLOSING COSTS for a July closing. Come see 313 Martindale, a spacious and versatile home in a prime north Raleigh location. Need multiple offices, bonus rooms, or a workshop? Look no further. A recent 1,000 sq. ft. addition allows for endless layout possibilities. With a new roof installed in December 2023, HVAC replaced in 2020, new LVP on the main floor, renovated bathrooms, and fresh paint throughout, this home is move-in ready. The generously-sized kitchen features new quartz countertops and opens to the dining space and living room. Not bound by HOA restrictions, this property offers the freedom to park a boat or RV. Utilize the chicken coop and a wired greenhouse with water line to create your own suburban homestead. The 2-car garage with a large workshop area is perfect for DIY enthusiasts or hobbyists. A wired shed provides more workspace. All this sits on a flat, fenced-in acre lot. Don't miss the opportunity to make 313 Martindale your own and embrace the unique lifestyle it has to offer.

Details

Property type

Single Family Residence

Est. home value

$700,191

Lot size

0.99 acres

Price per sq ft

$203

Year built

1988

Annual property taxes

$3,211.31

Price History

05/31/2024
TriangleMLS

TriangleMLS #10023483

Price change
$699,000
-3.59%
05/22/2024
TriangleMLS

TriangleMLS #10023483

Pending
$725,000
05/15/2024
TriangleMLS

TriangleMLS #10023483

Price change
$725,000
-1.36%

Schools & Community

Elementary school: 

Wake - Brassfield

Middle school: 

Wake - West Millbrook

High school: 

Wake - Millbrook

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

$241,349
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$401,731
Cash to seller
$241,349

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

Seller’s Loan History

Lender

Nationstar Mortgage Llc

Loan start date

January 2022

Original loan amount

$423,200

Est. remaining balance

$401,731

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

John S Richardson and Janice L Richardson

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: 07/07/2024 at 3:50 PM

Listing updated: 06/29/2024 at 1:33 PM

Listed by: Alley Leary Buscemi, Compass -- Raleigh Phone #: (919) 726-6548

MLS: TriangleMLS #10023483

TriangleMLS logo

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