tomo logo

$400,000

Beds
3
Baths
3.0
sq ft
1,846

3158 Morningside Drive, Raleigh, NC 27607

3158 Morningside Drive

Raleigh, NC 27607

  • Pending
    • Price drop $25,000↓
DIAMOND IN THE ROUGH! Well maintained, but dated. This all brick townhome with full basement is in highly desirable Meredith Townes community. Eat in kitchen with lots of cabinet and counter space. Upper cabinets are new. Large living room with separate dining room. Family room in basement complete with fireplace, windows and back door. 21x21 ft. fenced back yard includes patio area. Unfinished basement has workbench and shelving. Bathrooms on all floors make life easy. This home has brick walls between you and the neighbor! Quiet unit, quiet neighborhood. Plenty of storage space. Ample shaded guest parking. Peaceful wooded area behind your private patio. NEEDS COSMETIC TLC being sold as is . Although a bit dated and personal items left behind it is priced accordingly. 2 year old SS refrigerator conveys as does washer, dryer, and freezer. Minutes to Rex hospital, museums, ITB, RDU, Crabtree Mall, North Hills Mall, Shelley Lake, and I-440.

Details

Property type

Townhouse

Est. home value

$403,869

Lot size

1,306.8 sq ft

Price per sq ft

$217

Year built

1980

Annual property taxes

$3,218

Monthly HOA fee

$390

Price History

12/20/2024
TriangleMLS

TriangleMLS #10062057

Pending
$400,000
11/23/2024
TriangleMLS

TriangleMLS #10062057

Price change
$400,000
-5.88%
11/06/2024
TriangleMLS

TriangleMLS #10062057

Listed
$425,000
+183.52%

Schools & Community

Neighborhood: 

Northwest Raleigh

Elementary school: 

Wake - Stough

Middle school: 

Wake - Oberlin

High school: 

Wake - Broughton

Community features: 

Pool, Sidewalks, Street Lights

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

$266,666
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$101,334
Cash to seller
$266,666

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

November 2016

Original loan amount

$123,000

Est. remaining balance

$101,334

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Jeanne M Moyer

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: Pending/Under Contract

Tomo last checked: 12/22/2024 at 5:05 AM

Listing updated: 12/20/2024 at 4:45 PM

Listed by: Russell Copersito, Salem Street Realty Phone #: (919) 367-8884

MLS: TriangleMLS #10062057

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