tomo logo

$600,000

Beds
2
Baths
2.0
sq ft
1,123

625 New Road, Raleigh, NC 27608

625 New Road

Raleigh, NC 27608

  • 18 days on market
    • Price drop $25,000↓
Really nice and ready to move into... Interior just painted...Hardwoods....Updated kitchen...1st floor owner suite has a great bath, walk-in closet and desk built-in...2nd floor bedroom is very big and private with room for an office also!!! New deck off the 2nd floor bedroom and new deck in the back!!! Detached 16'x16' building with A/C unit and electricity - great office or hobby room.

Details

Property type

Single Family Residence

Est. home value

$601,379

Property condition

Updated/Remodeled

Lot size

6,969.6 sq ft

Price per sq ft

$535

Year built

1948

Annual property taxes

$5,591

Price History

02/21/2025
TriangleMLS

TriangleMLS #10074357

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

TriangleMLS #10074357

Listed
$625,000
+13.64%
02/10/2022
TriangleMLS

TriangleMLS #2428035

Sold
$550,000
+57.14%

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

$315,778
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$236,222
Cash to seller
$315,778

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

$236,222

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: Active

Tomo last checked: 02/22/2025 at 1:15 PM

Listing updated: 02/21/2025 at 2:40 PM

Listed by: Alan P Murray, Berkshire Hathaway HomeService Phone #: (919) 782-6641

MLS: TriangleMLS #10074357

TriangleMLS logo

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