tomo logo

$359,900

Beds
3
Baths
2.5
sq ft
1,428

428 South Meadow Road, Raleigh, NC 27603

428 South Meadow Road

Raleigh, NC 27603

  • 86 days on market
    • Price drop $5,000↓
Welcome to 428 South Meadow Road, an immaculate 3-bedroom, 2.5-bath home nestled in the serene South Meadows neighborhood of Raleigh, NC. This beautifully updated home boasts LVP floors, fresh interior paint, and new carpet throughout, ensuring a modern and inviting atmosphere. The spacious living areas are perfect for entertaining, while the cozy bedrooms provide a peaceful retreat. A highlight of this property is the expansive detached garage/shop, ideal for hobbies, storage, or a home business. Additionally, a useable storage shed offers extra space for your convenience. Enjoy the tranquility of South Meadows while being just a short drive from Raleigh's vibrant city life. Don't miss this opportunity to own a charming, move-in ready home in a desirable location.

Details

Property type

Single Family Residence

Est. home value

$344,113

Lot size

0.69 acres

Price per sq ft

$253

Year built

1989

Annual property taxes

$1,764

Price History

09/06/2024
TriangleMLS

TriangleMLS #10040772

Price change
$359,900
-1.37%
08/23/2024
TriangleMLS

TriangleMLS #10040772

Price change
$364,900
-1.35%
07/11/2024
TriangleMLS

TriangleMLS #10040772

Listed
$369,900
+105.5%

Schools & Community

Elementary school: 

Wake - Rand Road

Middle school: 

Wake - North Garner

High school: 

Wake - South Garner

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

$179,949
Asking price
$359,900
Closing costs (~8% of asking)
-$28,792
Est. remaining loan balance
-$151,159
Cash to seller
$179,949

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

Seller’s Loan History

Lender

Franklin American Mortgage Co

Loan start date

June 2017

Original loan amount

$176,739

Est. remaining balance

$151,159

Interest rate

4.02%

Loan type

FHA, 30 year

Seller

Joshua M Mccolley and Jessica Desouza Mccolley

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: 10/05/2024 at 9:20 PM

Listing updated: 09/23/2024 at 8:40 AM

Listed by: Stirling West, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: TriangleMLS #10040772

TriangleMLS logo

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