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$525,000

Beds
3
Baths
2.0
sq ft
1,324

515 Freeman Street, Raleigh, NC 27601

515 Freeman Street

Raleigh, NC 27601

  • 4 days on market
Discover the perfect harmony of cozy living and natural beauty in this charming bungalow situated in Downtown Raleigh. Nested on a large corner lot with two driveways and a garage, this 3 bedroom, 2 bathrooms home makes for a delightful primary residence, investment property or both. Featuring modern updates while retaining its classic character, the home boasts a cozy living area, a beautifully designed kitchen, and polished hardwood flooring throughout the home adds to the seamless and refined aesthetic. Outside, the allure continues with a gated backyard oasis with thoughtful landscaping for additional privacy and provides ample space for gardening, relaxing, or entertaining. 515 Freeman St. offers a unique and idyllic retreat from the hustle and bustle of the city while maintaining easy access to Raleigh's urban amenities.

Details

Property type

Single Family Residence

Est. home value

$445,268

Lot size

6,969.6 sq ft

Price per sq ft

$397

Year built

1949

Annual property taxes

$3,524.74

Price History

06/28/2024
TriangleMLS

TriangleMLS #10038461

Listed
$525,000
+191.67%
04/22/2015
TriangleMLS

TriangleMLS #1946918

Sold
$180,000
+188%
03/14/2014
TriangleMLS

TriangleMLS #1932404

Sold
$62,500

Schools & Community

Neighborhood: 

South Central

Elementary school: 

Wake - Hunter

Middle school: 

Wake - Ligon

High school: 

Wake - Enloe

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

$305,757
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$177,243
Cash to seller
$305,757

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

Seller’s Loan History

Lender

Nationstar Mortgage Llc

Loan start date

December 2019

Original loan amount

$195,000

Est. remaining balance

$177,243

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Travis Carl Cline

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: 07/02/2024 at 7:40 PM

Listing updated: 07/01/2024 at 3:04 AM

Listed by: Tina Caul, EXP Realty LLC Phone #: (888) 584-9831

MLS: TriangleMLS #10038461

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