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$459,500

Beds
3
Baths
2.5
sq ft
2,186

609 Democracy Street, Raleigh, NC 27603

609 Democracy Street

Raleigh, NC 27603

  • 32 days on market
    • Price drop $15,000↓
Exquisite, beautifully maintained townhome in highly sought-after Renaissance Park. Offering a spacious 2100+ square feet, 3 beds and 2.5 baths. This turn-key property is on the green commons of Democracy Street providing serenity and privacy. This residence has been meticulously maintained and upgraded with a new HVAC in 2021, 2024 fresh paint, and professionally cleaned carpets. The open floorplan is perfect for modern living, with a stunning upgraded kitchen equipped with stainless steel appliances and granite countertops. The primary suite is conveniently located on the main floor, providing a serene retreat with its luxurious bathroom. Upstairs, an expansive loft offers versatile space for a bonus room or office. Enjoy the convenience of a 2-car garage accessed via a back alleyway, ensuring privacy and ease. The home is ideally situated close to Carolina Pines, Raleigh Golf Association, Peach Road Park, and just 3.6 miles from the heart of Downtown Raleigh. High quality and well treated neighborhood amenities include pool, tennis, and indoor gym/fitness center. This property truly combines luxury, comfort, and location. You won't find anything else like it for the price.

Details

Property type

Townhouse

Est. home value

$435,365

Lot size

2,613.6 sq ft

Price per sq ft

$211

Year built

2013

Annual property taxes

$3,362

Monthly HOA fee

$139.5

Price History

06/19/2024
TriangleMLS

TriangleMLS #10033067

Price change
$459,500
-3.16%
06/03/2024
TriangleMLS

TriangleMLS #10033067

Listed
$474,500
+63.62%
04/17/2019
TriangleMLS

TriangleMLS #2231683

Sold
$290,000

Schools & Community

Neighborhood: 

Southwest Raleigh

Elementary school: 

Wake - Smith

Middle school: 

Wake - North Garner

High school: 

Wake - Garner

Community features: 

Pool, Clubhouse, Park, Street Lights, Tennis Court(s)

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

$250,006
Asking price
$459,500
Closing costs (~8% of asking)
-$36,760
Est. remaining loan balance
-$172,734
Cash to seller
$250,006

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

October 2020

Original loan amount

$219,400

Est. remaining balance

$172,734

Interest rate

2.37%

Loan type

New Conventional, 15 year

Seller

Taylor Winn Green

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: 07/04/2024 at 11:35 PM

Listing updated: 06/30/2024 at 5:53 AM

Listed by: Dale Moody, Cornerstone Properties Phone #: (919) 341-9594

MLS: TriangleMLS #10033067

TriangleMLS logo

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