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$965,000

Beds
3
Baths
3.5
sq ft
2,478

618 Velma Hopkins Lane, Raleigh, NC 27603

618 Velma Hopkins Lane

Raleigh, NC 27603

  • 233 days on market
Uniquely modern, historically inspired custom home w/skyline views from rooftop deck in desirable Caraleigh Commons. Lot positioned with generous open space easement on side of home ensuring lots of light and airflow. House will feature- 3 Bd/ 3 Ensuite Bath+1/2 Ba on main & spacious office/flex on 3rd. Currently in the process of being built and will incl 10'ceilings, detailed trim pkg, o'size windows, oak stairs+hrdwd floors. Buyers still have time to make selections. Enjoy the ease+convenience of open plan layout+downtown living in this bustling development w/lg common area+greenway leading to Farmers Market+Dix Park & Trophy brewing across the street!

Details

Property type

Single Family Residence

Est. home value

$227,954

Property condition

New Construction

Lot size

3,049.2 sq ft

Price per sq ft

$390

Year built

2024

Annual property taxes

$2,479.75

Monthly HOA fee

$16.67

Price History

05/03/2024
TriangleMLS

TriangleMLS #10027209

Listed
$965,000
+324.18%
05/30/2023
TriangleMLS

TriangleMLS #2496627

Sold
$227,500

Schools & Community

Neighborhood: 

Southwest Raleigh

Elementary school: 

Wake - Farmington Woods

Middle school: 

Wake - Martin

High school: 

Wake - Broughton

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The Fidelity Bank

Loan start date

May 2023

Original loan amount

$731,250

Est. remaining balance

Not provided

Interest rate

6.28%

Loan type

Building or Construction Loan

Seller

Wmlr Inc

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: 12/23/2024 at 11:35 AM

Listing updated: 12/18/2024 at 1:54 PM

Listed by: Annette Holt, Compass -- Cary Phone #: (919) 769-1956

MLS: TriangleMLS #10027209

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