tomo logo

$1,550,000

Beds
3
Baths
3.5
sq ft
2,595

413 West Lenoir Street, Raleigh, NC 27601

413 West Lenoir Street

Raleigh, NC 27601

  • 14 days on market
Unlock the potential of a rollout ready Airbnb venture with this prime downtown gem! Live music and culinary delights await just steps away. You'll stand out with the only townhouse boasting a spacious two-car garage, and as the corner unit, revel in the most square footage. Ascend to the rooftop in your own elevator, where enhanced vistas of the amphitheater set the stage for unparalleled outdoor entertainment. Seize this turnkey opportunity to dive into the vibrant pulse of downtown living, where every amenity is primed for immediate enjoyment or profitability.

Details

Property type

Townhouse

Est. home value

$1,269,113

Lot size

1,306.8 sq ft

Price per sq ft

$598

Year built

2022

Annual property taxes

$8,155.76

Monthly HOA fee

$183

Price History

06/20/2024
TriangleMLS

TriangleMLS #10036801

Listed
$1,550,000
+10.71%
07/21/2023
TriangleMLS

TriangleMLS #2485649

Sold
$1,400,000

Schools & Community

Neighborhood: 

Central

Elementary school: 

Wake - Conn

Middle school: 

Wake - Centennial Campus

High school: 

Wake - S E Raleigh

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

$318,782
Asking price
$1,550,000
Closing costs (~8% of asking)
-$124,000
Est. remaining loan balance
-$1,107,218
Cash to seller
$318,782

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

June 2023

Original loan amount

$1,120,000

Est. remaining balance

$1,107,218

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

John Santoro

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: 07/04/2024 at 10:05 PM

Listing updated: 06/22/2024 at 6:18 PM

Listed by: Kristen Spruill, PocketListing LLC Phone #: (919) 964-5478

MLS: TriangleMLS #10036801

TriangleMLS logo

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