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$325,000

Beds
2
Baths
1.0
sq ft
739

704 North King Charles Road, Raleigh, NC 27610

704 North King Charles Road

Raleigh, NC 27610

  • 3 days on market
This updated 2-bedroom, 1-bathroom home in Raleigh provides 740 sqft of living space and represents a solid investment opportunity with key upgrades already completed. The property features a 7-year-old roof, an updated bathroom, and well-maintained HVAC, plumbing, and electrical systems, offering move-in readiness. The foundation is in excellent condition with no water damage. Serviced by city water and sewer, this home ensures reliability in a prime location.

Details

Property type

Single Family Residence

Est. home value

$282,600

Lot size

Unknown

Price per sq ft

$440

Year built

1950

Price History

03/27/2025
CanopyMLS

CanopyMLS #4239269

Listed
$325,000
+206.6%
07/31/2014
TriangleMLS

TriangleMLS #1936613

Sold
$106,000
+3.92%
06/29/2011
TriangleMLS

TriangleMLS #1772440

Sold
$102,000

Schools & Community

Neighborhood: 

East Raleigh

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$203,466
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$95,534
Cash to seller
$203,466

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

May 2021

Original loan amount

$104,000

Est. remaining balance

$95,534

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Joshua C Arrington and Rakea Arrington

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: 03/30/2025 at 8:00 PM

Listing updated: 03/28/2025 at 10:45 AM

Listed by: Sheri Gregory, Top Brokerage LLC Phone #: (855) 573-3021

MLS: CanopyMLS #4239269

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