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$195,000

Beds
2
Baths
2.0
sq ft
985

4907 Hollenden Drive Unit 102, Raleigh, NC 27616

4907 Hollenden Drive Unit 102

Raleigh, NC 27616

  • 28 days on market
    • Price drop $5,000↓
This beautiful aparment with 2 beds and 2 baths offer a great opportunity for a first time buyer. It is an excellent option for investor looking for a good cash flow as well. HVAC unit was replaced almost 2 years ago and LVP floor was installed for your enjoy. Community offer pool and tennis court. Close to Capital Blvd and triangle mall, this condo will give the best to you. Current rent is $1,500 and tenant is in a month to month lease. At lease 30 days notice is needed to vacant the property.

Details

Property type

Condominium

Est. home value

$174,906

Lot size

Unknown

Price per sq ft

$198

Year built

1986

Annual property taxes

$963.84

Monthly HOA fee

$206

Price History

06/27/2024
TriangleMLS

TriangleMLS #10033227

Price change
$195,000
-2.5%
06/03/2024
TriangleMLS

TriangleMLS #10033227

Listed
$200,000
+58.73%
04/05/2021
TriangleMLS

TriangleMLS #2369594

Sold
$126,000
+10.53%

Schools & Community

Neighborhood: 

Northeast Raleigh

Elementary school: 

Wake - Wakefield

Middle school: 

Wake - East Millbrook

High school: 

Wake - Wake Forest

Community features: 

Pool

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

$78,999
Asking price
$195,000
Closing costs (~8% of asking)
-$15,600
Est. remaining loan balance
-$100,401
Cash to seller
$78,999

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

Seller’s Loan History

Lender

Alcova Mortgage Llc

Loan start date

April 2021

Original loan amount

$108,000

Est. remaining balance

$100,401

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Andreina Rosario Paulino

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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4921 Hollenden Drive Unit 104, Raleigh, NC 27616

Status: Active

Tomo last checked: 07/02/2024 at 7:05 PM

Listing updated: 06/27/2024 at 6:05 PM

Listed by: CHRISTIAN Gregory Romero Pinzon, CRP REAL ESTATE LLC Phone #: (919) 395-3525

MLS: TriangleMLS #10033227

TriangleMLS logo

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