tomo logo

$429,000

Beds
4
Baths
2.0
sq ft
1,513

3411 Octavia Street, Raleigh, NC 27606

3411 Octavia Street

Raleigh, NC 27606

  • <1 day on market
    • Open house Jan 12
Welcome to your next home! Perfect for first-time buyers, investor, students or anyone who appreciates an established neighborhood in a convenient location. Located close to downtown Raleigh, NC State University and major commuter routes, this ranch home is ready for its new owner. With a mostly brick exterior, new front siding, new exterior paint, newer roof and a fenced yard you will not need to do much but move in. Inside you will find loads of wood floors, smoothed ceilings in many rooms, fresh paint, new kitchen floors and a stunning brick fireplace wall. In the kitchen you'll discover a new dishwasher and new single-bowl sink and faucet. Kitchen refrigerator is included. Washer and dryer are included. 3411 Octavia Street is ready for you!

Details

Property type

Single Family Residence

Est. home value

$408,571

Lot size

0.56 acres

Price per sq ft

$284

Year built

1955

Annual property taxes

$4,010.27

Price History

01/09/2025
TriangleMLS

TriangleMLS #10069888

Listed
$429,000
+32%
08/23/2021
TriangleMLS

TriangleMLS #2395705

Sold
$325,000

Schools & Community

Neighborhood: 

West Raleigh

Elementary school: 

Wake - Combs

Middle school: 

Wake - Centennial Campus

High school: 

Wake - Athens Dr

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

$138,285
Asking price
$429,000
Closing costs (~8% of asking)
-$34,320
Est. remaining loan balance
-$256,395
Cash to seller
$138,285

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

August 2021

Original loan amount

$276,250

Est. remaining balance

$256,395

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Henry Carlson

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: 01/09/2025 at 8:40 PM

Listing updated: 01/09/2025 at 12:31 PM

Listed by: Cara Pierce, Compass -- Raleigh Phone #: (919) 726-6548

MLS: TriangleMLS #10069888

TriangleMLS logo

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