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$795,000

Beds
3
Baths
3.5
sq ft
2,020

701 West Lane Street Unit 102, Raleigh, NC 27603

701 West Lane Street Unit 102

Raleigh, NC 27603

  • 74 days on market
    • Price drop $15,000↓
2000+ SF Townhome in Downtown Raleigh WITH a garage and extra parking? Say no more and schedule a showing today! Welcome to urban living at its finest! Nestled in the heart of Raleigh, this stunning townhome at 701 W Lane St, Unit 102, offers the perfect blend of modern convenience and vibrant city life. The home is set back off of the main road and offers a quiet oasis in the middle of bustling Glenwood South. Step inside this beautifully appointed home and you'll immediately see through to a large bedroom with French doors opening to the private patio with brick enclosure in the backyard. A full bath is included in the space. This set up is perfect for a guest bedroom, office, or extra living space! As you progress to the second floor, you are greeted with tons of natural light streaming through large windows in both the front and back of the unit. The living area is an inviting space, perfect for relaxation or entertaining guests, and seamlessly flows into the recently renovated kitchen, complete with sleek countertops, stainless steel appliances, and ample storage space. You'll find a half bath and another versatile room on the second floor that can be used as a dining room, or for whatever your heart desires. The townhome features 2 more bedrooms on the third floor, each offering comfort and privacy. The primary suite is a peaceful retreat, boasting a luxurious en-suite bathroom and plenty of closet space. An additional bedroom with en-suite bathroom, as well as a convenient laundry area rounds out the space. On top of offering beautiful features inside the townhome, the design of the community was also well thought out. With only 7 townhomes, each unit has its own 1-car garage as well as space for 1 car in the driveway. There are even extra parking spaces for guests. This is a rarity in downtown living! Lastly, let's talk location, location, location! This unit is located in the vibrant heart of Raleigh. Residents will enjoy easy access to a myriad of dining, shopping, and entertainment options just moments away. Whether you're strolling through nearby parks, exploring the bustling downtown scene, or commuting to work, everything you need is right at your fingertips. Don't miss the opportunity to make this urban oasis your new home. Schedule your showing today and experience the best of Raleigh living at 701 W Lane St Unit 102!

Details

Property type

Townhouse

Est. home value

$804,294

Lot size

1,306.8 sq ft

Price per sq ft

$394

Year built

1998

Annual property taxes

$5,575.49

Monthly HOA fee

$150

Price History

05/16/2024
TriangleMLS

TriangleMLS #10024902

Price change
$795,000
-1.85%
05/01/2024
TriangleMLS

TriangleMLS #10024902

Price change
$810,000
-1.82%
04/24/2024
TriangleMLS

TriangleMLS #10024902

Listed
$825,000

Schools & Community

Neighborhood: 

Hillsborough

Elementary school: 

Wake - Wiley

Middle school: 

Wake - Oberlin

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

State Employees Cu

Loan start date

April 2023

Original loan amount

$75,000

Est. remaining balance

Not provided

Interest rate

6.65%

Loan type

Credit Line (Revolving), 3 year

Seller

Karen Smith

Lender

Guaranteed Rate Inc

Loan start date

July 2020

Original loan amount

$382,000

Est. remaining balance

$350,088

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Karen Smith

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: 07/07/2024 at 3:30 PM

Listing updated: 07/05/2024 at 3:33 AM

Listed by: Jennifer Anne Ravenscraft, Choice Residential Real Estate Phone #: (919) 720-4991

MLS: TriangleMLS #10024902

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