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$575,000

Beds
2
Baths
2.0
sq ft
1,259

708 New Road, Raleigh, NC 27608

708 New Road

Raleigh, NC 27608

  • 38 days on market
    • Price drop $24,000↓
Explore 708 New Road, a delightful bungalow in Georgetown with charming curb appeal accentuated by established landscaping. This inviting home offers modern comforts amidst an upbeat downtown lifestyle. Enjoy the fenced yard, perfect for pets or outdoor barbecues. Conveniently located near breweries, restaurants, and shops. Just a stroll away lies the award-winning Ajja Mediterranean restaurant, ensuring easy access to Five Points' vibrant scene. Don't miss this prime opportunity to experience the convenience and charm of this sought-after Raleigh location.

Details

Property type

Single Family Residence

Est. home value

$600,019

Lot size

6,098.4 sq ft

Price per sq ft

$457

Year built

1949

Annual property taxes

$4,051

Price History

06/24/2024
TriangleMLS

TriangleMLS #10031736

Price change
$575,000
-4.01%
05/27/2024
TriangleMLS

TriangleMLS #10031736

Listed
$599,000

Schools & Community

Neighborhood: 

Five Points

Elementary school: 

Wake - Underwood

Middle school: 

Wake - Oberlin

High school: 

Wake - Broughton

Community features: 

Park, Playground, Suburban

High school district: 

Wake County Schools

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

$388,211
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$140,789
Cash to seller
$388,211

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

Seller’s Loan History

Lender

North State Bank

Loan start date

March 2013

Original loan amount

$190,000

Est. remaining balance

$140,789

Interest rate

3.53%

Loan type

New Conventional, 30 year

Seller

Andrea Alyse Abramowski

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 11:25 PM

Listing updated: 06/24/2024 at 5:45 PM

Listed by: Susan Dahlin Bashford, Hodge & Kittrell Sotheby's Int Phone #: (919) 876-7411

MLS: TriangleMLS #10031736

TriangleMLS logo

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