tomo logo

$352,500

Beds
2
Baths
1.0
sq ft
875

700 Bishops Park Drive Unit 104, Raleigh, NC 27605

700 Bishops Park Drive Unit 104

Raleigh, NC 27605

  • 31 days on market
SIMPLY IRRESISTIBLE!! Fall in love with this absolutely adorable, 1st floor Condominium with 2 Bedrooms & 1 Bath, located in the heart of Raleigh! Updated & cozy, this home is a recipe for BLISSFUL Living! Special features include: LVP Flooring thoughout; Updated Kitchen with quartz tops, shaker style white cabinets & newer appliances; Delightful Dining Area; Step down Family Room with wood-burning Fireplace & new Anderson, sound reducing, Sliding Doors; Large Primary Retreat; Bath has nook for morning prep; Secondary Bedroom can also be Office or Study; Fabulous Landscaped Patio has small Storage Closet! Google Fiber available. Ideal location adjacent to Glenwood Avenue & next door to Fred Fletcher Park, walk to Publix, Glenwood South Restaurants, Five Points & the Village District! Refrigerator & Washer to Convey.

Details

Property type

Condominium

Est. home value

$354,520

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$403

Year built

1983

Annual property taxes

$1,341.36

Monthly HOA fee

$284.47

Price History

10/22/2024
TriangleMLS

TriangleMLS #10059474

Listed
$352,500
+3.68%
12/28/2023
TriangleMLS

TriangleMLS #2539529

Sold
$340,000
+123.68%
01/18/2005
TriangleMLS

TriangleMLS #773268

Sold
$152,000
+14.29%

Schools & Community

Neighborhood: 

Five Points

Elementary school: 

Wake - Wiley

Middle school: 

Wake - Oberlin

High school: 

Wake - Broughton

Community features: 

Pool, Street Lights

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

$235,020
Asking price
$352,500
Closing costs (~8% of asking)
-$28,200
Est. remaining loan balance
-$89,280
Cash to seller
$235,020

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

December 2023

Original loan amount

$90,000

Est. remaining balance

$89,280

Interest rate

7.76%

Loan type

New Conventional, 30 year

Seller

George William Bliss Iii and Penelope Sue Bliss

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: 11/22/2024 at 9:30 PM

Listing updated: 10/27/2024 at 4:30 PM

Listed by: Tina Barletta, HomeTowne Realty Clayton East Phone #: (919) 550-4800

MLS: TriangleMLS #10059474

TriangleMLS logo

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