tomo logo

$1,000,000

Beds
3
Baths
3.0
sq ft
2,436

706 Hinsdale Street, Raleigh, NC 27605

706 Hinsdale Street

Raleigh, NC 27605

  • 8 days on market
1924 was a special year: the first Winter Olympics took place, George Gershwin shocked the world with the release of ''Rhapsody in Blue,'' and Glenwood-Brooklyn was graced with a beautiful new home. Today, we celebrate the 100th year of the historic ''Archie J. Wood House'' by presenting it for its new owners. Come visit with confidence as you review the pre-inspection report and structural evaluation. Quietly tucked away from the bustle of Glenwood South, be prepared for a spacious surprise you may not expect from the street. As you cross through the deep, shaded front porch, you're greeted by historic hardwoods flowing under the 11-ft. ceilings. Downstairs you'll find two bedrooms and two full baths, before stepping out to the private, fenced backyard. Enjoy the summer evenings from your private rear screened porch, with retractable screens. Upstairs, a spacious loft offers extra living space, while the full bedroom and bath makes for a great home office or guest suite. From the window treatments to the claw-foot tub, this historic beauty is move-in ready, and packed full of hidden value. A few notable updates: covered rear porch with retractable screens (2021), new roof (2023), full exterior paint (2023), historic window restoration (2019), full primary bathroom remodel (2022), California Closets installation for primary closet (2020), and so much more. Steps away from Glenwood South and Smoky Hollow, which are full of coffee shops, restaurants, bars, Publix, yoga studios, and more. Village District shopping and restaurants are right down the road. Districted for award-winning Wiley Elementary. Located in both the City of Raleigh and National Registry Historic Districts for Glenwood-Brooklyn.

Details

Property type

Single Family Residence

Est. home value

$960,887

Lot size

5,227.2 sq ft

Price per sq ft

$411

Year built

1924

Annual property taxes

$6,955.67

Price History

06/26/2024
TriangleMLS

TriangleMLS #10037876

Listed
$1,000,000
+50.38%
08/13/2019
TriangleMLS

TriangleMLS #2257750

Sold
$665,000

Schools & Community

Neighborhood: 

Five Points

Elementary school: 

Wake - Wiley

Middle school: 

Wake - Oberlin

High school: 

Wake - Broughton

Community features: 

None

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

$469,201
Asking price
$1,000,000
Closing costs (~8% of asking)
-$80,000
Est. remaining loan balance
-$450,799
Cash to seller
$469,201

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

September 2021

Original loan amount

$480,000

Est. remaining balance

$450,799

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Eric S Boduch and Jennifer M Sikora

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: 07/04/2024 at 10:45 PM

Listing updated: 06/30/2024 at 5:54 AM

Listed by: Patrick J Madigan, Keller Williams Realty Phone #: (919) 882-3200

MLS: TriangleMLS #10037876

TriangleMLS logo

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