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$601,379Estimated home value

Beds
2
Baths
2.0
sq ft
1,123

625 New Road, Raleigh, NC 27608

625 New Road

Raleigh, NC 27608

  • Sold On 2/10/2022
Seller has accepted an offer. Will consider backup offer. Charming cottage in Georgetown has been updated and is ready to move in. Or build your new house on this beautiful lot. Beautifully renovated kitchen with eating area. Hardwood flooring in LR, kitchen. Smooth ceilings. 1st Floor owners suite with WIC and desk area. 2nd floor has bedroom and full bath with bonus/flex/office space and a deck. Storage shed in back is finished and has electricity and a cooling unit.

Details

Property type

Single Family Residence

Est. home value

$601,379

Lot size

6,969.6 sq ft

Price per sq ft

$446

Year built

1946

Annual property taxes

$4,017

Price History

03/26/2025
TriangleMLS

TriangleMLS #10074357

Removed
$600,000
02/21/2025
TriangleMLS

TriangleMLS #10074357

Price change
$600,000
-4%
02/03/2025
TriangleMLS

TriangleMLS #10074357

Listed
$625,000
+13.64%

Schools & Community

Neighborhood: 

Five Points

Elementary school: 

Wake - Underwood

Middle school: 

Wake - Oberlin

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

$224,865
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$235,135
Cash to seller
$224,865

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

February 2017

Original loan amount

$280,000

Est. remaining balance

$235,135

Interest rate

4.2%

Loan type

New Conventional, 30 year

Seller

Russell Seth Liston

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: Off Market

Tomo last checked: 04/02/2025 at 4:45 PM

Listing updated: 02/20/2025 at 2:56 PM

Listed by: Nancy Cashwell, Coldwell Banker HPW Phone #: (919) 847-6767

MLS: TriangleMLS #2428035

TriangleMLS logo

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