tomo logo

$999,000

Beds
4
Baths
2.5
sq ft
2,597

524 East Edenton Street, Raleigh, NC 27601

524 East Edenton Street

Raleigh, NC 27601

  • 50 days on market
    • Price drop $25,900↓
Modern. Elegant. Iconic. Welcome to 524 E Edenton Street, an architectural gem just steps away from downtown Raleigh's best offerings. Designed by local architect Nick Hammer, this 3-story home is a seamless blend of artistry and livability. From the expansive rooftop deck, you'll soak in breathtaking city views, creating a perfect backdrop for entertaining or quiet moments of reflection. The open-concept living space on the top floor flows effortlessly to the rooftop, ensuring natural light floods every corner of the home. Sleek finishes and thoughtful details elevate the experience of everyday living. Part of the Cap6 collection built in 2018, this home combines contemporary design with urban convenience. Enjoy the perks of garage parking and being walking distance to the lively Transfer Co. Food Hall, Moore Square, Marbles Museum, Historic Oakwood, and all of downtown Raleigh. This home is more than just a place to live—it's a lifestyle.

Details

Property type

Single Family Residence

Est. home value

$1,048,692

Lot size

3,920.4 sq ft

Price per sq ft

$385

Year built

2018

Annual property taxes

$8,244.25

Price History

11/09/2024
TriangleMLS

TriangleMLS #10056183

Price change
$999,000
-2.53%
10/29/2024
TriangleMLS

TriangleMLS #10056183

Price change
$1,024,900
-2.3%
10/03/2024
TriangleMLS

TriangleMLS #10056183

Listed
$1,049,000
+37.84%

Schools & Community

Neighborhood: 

North Central

Elementary school: 

Wake - Powell

Middle school: 

Wake - Ligon

High school: 

Wake - Broughton

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

$372,698
Asking price
$999,000
Closing costs (~8% of asking)
-$79,920
Est. remaining loan balance
-$546,382
Cash to seller
$372,698

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

March 2019

Original loan amount

$608,824

Est. remaining balance

$546,382

Interest rate

4.45%

Loan type

New Conventional, 30 year

Seller

Jason Paul Lafayette and Lindsey Ann Lafayette

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: 11/22/2024 at 9:35 PM

Listing updated: 11/08/2024 at 7:30 PM

Listed by: Kelli Kaspar, Keller Williams Elite Realty Phone #: (984) 244-5830

MLS: TriangleMLS #10056183

TriangleMLS logo

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