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$505,000

Beds
4
Baths
2.5
sq ft
1,793

7208 Mine Shaft Road, Raleigh, NC 27615

7208 Mine Shaft Road

Raleigh, NC 27615

  • 52 days on market
    • Price drop $15,000↓
Highly desired prime North Raleigh location! Wonderful 4 bedroom home on large private lot with no HOA. Updated throughout! Gorgeous hardwood floors, wood burning fireplace, new paint, new carpet. Fenced in backyard with large deck and gazebo, perfect for outdoor living and entertaining! Close to great shopping, restaurants, I540 and RDU Airport. Walk to Greenway Access!

Details

Property type

Single Family Residence

Est. home value

$464,629

Lot size

0.42 acres

Price per sq ft

$282

Year built

1984

Annual property taxes

$3,239

Price History

06/28/2024
TriangleMLS

TriangleMLS #10029664

Price change
$505,000
-2.88%
06/12/2024
TriangleMLS

TriangleMLS #10029664

Price change
$520,000
-0.95%
05/31/2024
TriangleMLS

TriangleMLS #10029664

Price change
$525,000
-0.94%

Schools & Community

Neighborhood: 

North Raleigh

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

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

$253,135
Asking price
$505,000
Closing costs (~8% of asking)
-$40,400
Est. remaining loan balance
-$211,465
Cash to seller
$253,135

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

Seller’s Loan History

Lender

United Nations Fcu

Loan start date

February 2020

Original loan amount

$279,000

Est. remaining balance

$211,465

Interest rate

3.16%

Loan type

New Conventional, 15 year

Seller

Amy Feigenbaum and David Harrison Minehan

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 3:55 PM

Listing updated: 06/28/2024 at 8:23 PM

Listed by: Serina Harris, NorthGroup Real Estate, Inc. Phone #: (704) 412-2804

MLS: TriangleMLS #10029664

TriangleMLS logo

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