tomo logo

$340,000

Beds
2
Baths
1.0
sq ft
637

419 Second Street, Apex, NC 27502

419 Second Street

Apex, NC 27502

  • 5 days on market
    • Open house Feb 23
Investor and builders take notice! Stylish bungalow on a rare double lot (0.33 acre) in downtown Apex. Currently a successful short-term rental, averaging over $3000 rental income a month. This home was renovated in 2020/2021. Partial list of improvements include a new metal roof, HVAC, windows, and appliances. Additional updates are refinished hardwood floors, fresh paint, renovated bath, updated lighting, and tile. Furnishings negotiable with an acceptable offer. Prime location within walking distance to restaurants and shopping. Questions about the rental history or lot, please contact the listing agent. Hurry-don't miss this special opportunity!

Details

Property type

Single Family Residence

Est. home value

$218,431

Property condition

Updated/Remodeled

Lot size

0.33 acres

Price per sq ft

$534

Year built

1962

Annual property taxes

$1,745

Price History

02/20/2025
TriangleMLS

TriangleMLS #10076973

Listed
$340,000
+134.03%
07/27/2020
TriangleMLS

TriangleMLS #2313621

Sold
$145,282

Schools & Community

Elementary school: 

Wake - Baucom

Middle school: 

Wake - Apex

High school: 

Wake - Apex

Community features: 

None

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

$232,722
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$80,078
Cash to seller
$232,722

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

July 2020

Original loan amount

$108,961

Est. remaining balance

$80,078

Interest rate

2.62%

Loan type

New Conventional, 15 year

Seller

Nicholas E Poore

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: 02/23/2025 at 10:10 AM

Listing updated: 02/21/2025 at 5:10 AM

Listed by: Beth Randall, Berkshire Hathaway HomeService Phone #: (919) 859-3300

MLS: TriangleMLS #10076973

TriangleMLS logo

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