tomo logo

$375,000

Beds
3
Baths
2.0
sq ft
1,243

321 Jones Franklin Road, Raleigh, NC 27606

321 Jones Franklin Road

Raleigh, NC 27606

  • 33 days on market
    • Price drop $15,000↓
Back on the Market! Previous buyer got cold feet at no fault of the sellers. Attention all garden and plant lovers! Come see this lovely ranch style home with hardwood floors, back deck perfect for grilling and entertaining, big garden and fenced in backyard with plenty of storage. This home has been extremely well cared for and loved. Perfectly situated in between Raleigh and Cary, this home is very close to multiple grocery stores, restaurants and shopping. It should also be noted that the room off the kitchen could easily be converted into a fourth bedroom with its own private entrance. The home is only a 4 minute drive to Lake Johnson which has walking trails, and water activities galore. It's easy access to I-40 highway makes it so easy to drive to anywhere in the Triangle area. -Foam insulation in exterior walls was installed in 2022. -Vapor Barrier was installed in the crawl space. -Hardwood floors were refinished in 2024. -AC Unit #1 (Replaced in 2024) on the side of the house is the main AC unit for Cooling and Electric Heat. -Roof is less than 5 years old -Entire interior has been freshly repainted Perennial Edible Plants (the ones that survive all year long): -Thornless Blackberries -Thornless Raspberries -Multiple Varieties of Blueberries -Fig Trees -Strawberries -Chardonnay Grapes -Merlot Grapes -Various Herbs

Details

Property type

Single Family Residence

Est. home value

$295,819

Lot size

0.29 acres

Price per sq ft

$302

Year built

1955

Annual property taxes

$2,272

Price History

08/29/2024
TriangleMLS

TriangleMLS #10047416

Price change
$375,000
-3.85%
08/21/2024
TriangleMLS

TriangleMLS #10047416

Listed
$390,000
08/20/2024
TriangleMLS

TriangleMLS #10047416

Pending
$390,000

Schools & Community

Neighborhood: 

West Raleigh

Elementary school: 

Wake - Adams

Middle school: 

Wake - Lufkin Road

High school: 

Wake - Athens Dr

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

State Employees Cu

Loan start date

January 2022

Original loan amount

$20,000

Est. remaining balance

Not provided

Interest rate

2.45%

Loan type

Credit Line (Revolving)

Seller

Thomas Mitch Johnson and Andrea Brooks

Lender

Blue Ridge Bank

Loan start date

October 2020

Original loan amount

$131,250

Est. remaining balance

$101,429

Interest rate

2.42%

Loan type

New Conventional, 15 year

Seller

Thomas Mitchell Johnson

Lender

State Employees Cu

Loan start date

July 2017

Original loan amount

$132,000

Est. remaining balance

Not provided

Interest rate

4.62%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Thomas Mitch Johnson

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: 09/19/2024 at 12:30 PM

Listing updated: 09/12/2024 at 11:50 AM

Listed by: Matt Ryan Spitzer, Rich Realty Group Phone #: (919) 710-0256

MLS: TriangleMLS #10047416

TriangleMLS logo

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