tomo logo

$595,000

Beds
2
Baths
2.0
sq ft
1,472

618 North Boylan Avenue Unit 518, Raleigh, NC 27603

618 North Boylan Avenue Unit 518

Raleigh, NC 27603

  • 133 days on market
    • Price drop $5,000↓
Nestled in the highly sought-after Paramount community, this large 2-bed, 2-bath chic condo epitomizes urban luxury. A grand entrance leads to an open floor plan adorned with a tray ceiling, creating an inviting space that seamlessly blends style and comfort. The kitchen, a culinary haven, features granite countertops, an eat-in bar, and stainless-steel appliances. Ideal for both casual meals and entertaining. The primary bedroom, a spacious retreat, boasts a walk-in closet ensuring ample storage. Unique to this unit, enjoy direct access from your private patio to the community pool and barbecue grills on the exclusive 5th floor. Imagine the luxury of outdoor leisure just steps away from your living space. Plus, revel in the added convenience of a small storage room right on your patio - perfect for keeping your belongings easily accessible yet neatly tucked away. The 5th floor extends the experience with a fitness center, community clubhouse, and pool table. Two parking spaces enhance convenience, ensuring a stress-free return to your urban oasis. As an extra bonus, the 10th floor boasts a rooftop terrace, providing a breathtaking panoramic view of the surroundings. Security is paramount in this building, offering residents peace of mind with robust measures in place. Conveniently located to shopping, restaurants, and nightlife, this condo places you in the heart of the vibrant city scene. Don't miss the chance to call this unique unit your own.

Details

Property type

Condominium

Est. home value

$612,349

Lot size

Unknown

Price per sq ft

$405

Year built

2005

Annual property taxes

$5,824.06

Monthly HOA fee

$596.62

Price History

04/04/2024
TriangleMLS

TriangleMLS #10013139

Price change
$595,000
-0.83%
02/22/2024
TriangleMLS

TriangleMLS #10013139

Listed
$600,000

Schools & Community

Neighborhood: 

Hillsborough

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

Community features: 

Fitness Center, 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

$380,108
Asking price
$595,000
Closing costs (~8% of asking)
-$47,600
Est. remaining loan balance
-$167,292
Cash to seller
$380,108

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

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

November 2015

Original loan amount

$344,800

Est. remaining balance

$167,292

Interest rate

3.11%

Loan type

New Conventional, 15 year

Seller

Tyler S Nelson

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 11:10 PM

Listing updated: 05/07/2024 at 6:44 AM

Listed by: Bonnie Sue Ferrari, Grow Local Realty, LLC Phone #: (919) 830-5233

MLS: TriangleMLS #10013139

TriangleMLS logo

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