tomo logo

$350,000

Beds
2
Baths
1.0
sq ft
868

707 Wade Avenue, Raleigh, NC 27605

707 Wade Avenue

Raleigh, NC 27605

  • 31 days on market
    • Price drop $25,000↓
    • Open house Mar 04
ITB CAMERON VILLAGE Charmer! This is your chance to own a piece of Raleigh history. This fully renovated and tastefuly updated two bedroom condo is move in ready and convenient to everything! This light and bright home offers main floor living and features a stunning built in accent wall with lighting, TV connection and an electric fireplace. Updates include brand new plumbing, subflooring, duct work and an HVAC unit, all new luxury vinyl plank flooring throughout (NO carpet), new baseboards, new doors and casings, new paint, new lighting, new Samsung stainless steel appliances and a large capacity single bowl kitchen sink. The bathroom in this unit was completely gutted and has new tiled floors, subway tiled shower walls and black penny mosaic accent tiles for the shower floor and niche. There is a brand new vanity, toilet and upgraded shower head with wand. The unit has a private back yard space and includes designated parking in the front.

Details

Property type

Condominium

Est. home value

$329,876

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$404

Year built

1949

Annual property taxes

$2,305.02

Monthly HOA fee

$375

Price History

02/07/2025
TriangleMLS

TriangleMLS #10073883

Price change
$350,000
-6.67%
01/31/2025
TriangleMLS

TriangleMLS #10073883

Listed
$375,000
+200.24%
07/25/2003
TriangleMLS

TriangleMLS #693324

Sold
$124,900
+16.84%

Schools & Community

Neighborhood: 

Hillsborough

Elementary school: 

Wake - Wiley

Middle school: 

Wake - Oberlin

High school: 

Wake - Broughton

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

$277,000
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$45,000
Cash to seller
$277,000

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

July 2003

Original loan amount

$99,920

Est. remaining balance

$45,000

Interest rate

5.26%

Loan type

Not Provided, 30 year

Seller

Charles W Mayo

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: 03/04/2025 at 12:30 AM

Listing updated: 03/03/2025 at 5:31 PM

Listed by: Kendal Hartel, eXp Realty, LLC - C Phone #: (888) 584-9431

MLS: TriangleMLS #10073883

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