tomo logo

$1,400,000

Beds
3
Baths
3.5
sq ft
2,900

617 Tower Street, Raleigh, NC 27607

617 Tower Street

Raleigh, NC 27607

  • 1 day on market
Unlike any other, this home offers sophisticated living with a uniquely modest elegance. As you enter from the courtyard, you are greeted by an inviting open-concept layout. The main level features a spacious dining room with built-in cabinetry, perfect for hosting memorable dinner parties. Leading into the heart of the home is the stylish kitchen, which flows effortlessly into the two story living area with abundant natural light, creating an ideal space for entertaining. A main level office offers a quiet retreat for work or study. The downstairs primary suite is situated on the other side of the house providing a haven of tranquility, ample privacy and comfort with its elegant design. Boasting high ceilings, a large walk-in closet, and a spacious bath with a walk-in shower and separate soaking tub. Ascend to the second floor to find two additional bedrooms, each with its own private bath. These rooms offer stunning views of the downtown Raleigh skyline, adding a touch of urban charm to your living space. Step outside to discover a backyard oasis designed for relaxation and entertainment. The rear patio and deck overlook a sparkling inground lap pool, perfect for cooling off on hot summer days or keeping up with your fitness routine. The pool also features an electric heater for the cooler seasons. Located just one block from the vibrant Village District shopping area offering unparalleled access to the best dining, shopping, and entertainment Raleigh has to offer. This home is truly a masterpiece, combining luxurious features with an unbeatable location.

Details

Property type

Single Family Residence

Est. home value

$1,276,201

Lot size

0.28 acres

Price per sq ft

$483

Year built

2015

Annual property taxes

$9,210

Price History

07/01/2024
TriangleMLS

TriangleMLS #10011806

Removed
$1,400,000
07/01/2024
TriangleMLS

TriangleMLS #10038776

Listed
$1,400,000
02/15/2024
TriangleMLS

TriangleMLS #10011806

Listed
$1,400,000
+84.21%

Schools & Community

Neighborhood: 

Wade

Elementary school: 

Wake - Olds

Middle school: 

Wake - Martin

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

$846,466
Asking price
$1,400,000
Closing costs (~8% of asking)
-$112,000
Est. remaining loan balance
-$441,534
Cash to seller
$846,466

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

Seller’s Loan History

Lender

Pnc Mortgage Llc

Loan start date

August 2015

Original loan amount

$540,000

Est. remaining balance

$441,534

Interest rate

4.02%

Loan type

New Conventional, 30 year

Seller

Stephanie Fanjul

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 7:20 PM

Listing updated: 07/01/2024 at 9:13 AM

Listed by: Ray R Williamson, City to Coast Realty Phone #: (919) 280-4444

MLS: TriangleMLS #10038776

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