tomo logo

$425,000

Beds
2
Baths
1.0
sq ft
840

701 Edmund Street, Raleigh, NC 27604

701 Edmund Street

Raleigh, NC 27604

  • 1 day on market
Welcome to 701 Edmund Street, Raleigh, NC, an exceptional opportunity to build your dream home in an incredible location. The existing structure is being sold as-is, presenting a unique chance to tear down and build a custom home tailored to your specifications. Situated within walking distance to local breweries, parks, and renowned restaurants, this site is perfect for those seeking an urban lifestyle with suburban comforts. Additionally, the property is just minutes away from Iron Works, Person Street and downtown Raleigh, providing easy access to a variety of cultural and entertainment options. Property being sold as-is.

Details

Property type

Single Family Residence

Est. home value

$476,605

Lot size

9,147.6 sq ft

Price per sq ft

$506

Year built

1955

Annual property taxes

$3,774.53

Price History

09/18/2024
TriangleMLS

TriangleMLS #10053268

Listed
$425,000
-68.52%
06/01/2024
TriangleMLS

TriangleMLS #2467496

Removed
$1,350,000
09/22/2023
TriangleMLS

TriangleMLS #2467496

Listed
$1,350,000

Schools & Community

Neighborhood: 

East Raleigh

Elementary school: 

Wake - Conn

Middle school: 

Wake - Ligon

High school: 

Wake - Enloe

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

Capital Bank

Loan start date

March 2009

Original loan amount

$28,000

Est. remaining balance

Not provided

Interest rate

5.25%

Loan type

Credit Line (Revolving), 15 year

Seller

David A Schulz and Cindy K Schulz

Lender

Capital Bank

Loan start date

October 2004

Original loan amount

$115,000

Est. remaining balance

Not provided

Interest rate

5.81%

Loan type

Not Provided

Seller

David A Schulz and Cindy A Schulz

Lender

Capital Bank

Loan start date

February 2001

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

6.89%

Loan type

Credit Line (Revolving)

Seller

David A Schulz and Cindy K Schulz

Lender

Capital Bank

Loan start date

January 2000

Original loan amount

$15,347

Est. remaining balance

Not provided

Interest rate

7.75%

Loan type

Not Provided

Seller

David A Schulz and Cindy K Schulz

Lender

Capital Bank

Loan start date

January 2000

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

7.75%

Loan type

Not Provided

Seller

David A Schulz and Cindy K Schulz

Lender

First Union National Bank

Loan start date

February 1998

Original loan amount

$22,328

Est. remaining balance

$0

Interest rate

6.99%

Loan type

Not Provided, 5 year

Seller

David A Schulz and Cindy K Schulz

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?

Status: Active

Tomo last checked: 09/19/2024 at 5:25 AM

Listing updated: 09/17/2024 at 9:29 PM

Listed by: Frank DeRonja, Corcoran DeRonja Real Estate Phone #: (919) 443-3123

MLS: TriangleMLS #10053268

TriangleMLS logo

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