tomo logo

$1,100,000

Beds
4
Baths
3.5
sq ft
2,953

622 Velma Hopkins Lane, Raleigh, NC 27603

622 Velma Hopkins Lane

Raleigh, NC 27603

  • 257 days on market
    • Price drop $100,000↓
Back on market, no fault of seller. This is one of the largest homes in Caraleigh Commons at over 2953 sqft. and one the largest backyards in the community. This home is open for self touring 7 days a week between 7am-9pm via Nter App. Directions for entry are located on the sign outside the property. Uniquely modern, historically inspired custom home w/skyline views from rooftop deck in desirable Caraleigh Commons. 4 Bd/3 Ensuite Bath+1/2 Ba on main &spacious office/flex on 3rd. Features incl 10'ceilings, detailed trim pkg, o'size windows, oak stairs+hrdwd floors. 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

$234,227

Property condition

New Construction
Under Construction

Lot size

2,178 sq ft

Price per sq ft

$373

Year built

2024

Annual property taxes

$2,098.25

Monthly HOA fee

$16.67

Price History

07/31/2024
TriangleMLS

TriangleMLS #10006725

Listed
$1,100,000
06/04/2024
TriangleMLS

TriangleMLS #10006725

Pending
$1,100,000
03/07/2024
TriangleMLS

TriangleMLS #10006725

Price change
$1,100,000
-8.33%

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

April 2023

Original loan amount

$155,250

Est. remaining balance

Not provided

Interest rate

6.73%

Loan type

Building or Construction Loan, 30 year

Seller

O Connell Developing Llc

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?

Similar Homes Nearby

Price drop
TriangleMLS
$995,000
4 bd
|
4 ba
|
2,220 sq ft
|
House

217 Woodsborough Place, Raleigh, NC 27601

Price drop
TriangleMLS
$995,000
4 bd
|
4 ba
|
2,220 sq ft
|
House

227 Woodsborough Place, Raleigh, NC 27601

Price drop
TriangleMLS
$1,150,000
4 bd
|
4 ba
|
2,220 sq ft
|
House

229 Woodsborough Place, Raleigh, NC 27601

Status: Active

Tomo last checked: 10/01/2024 at 9:35 AM

Listing updated: 09/23/2024 at 8:40 AM

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

MLS: TriangleMLS #10006725

TriangleMLS logo

Recently listed in Raleigh