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$600,000

Beds
3
Baths
2.5
sq ft
2

721 South Person Street, Raleigh, NC 27601

721 South Person Street

Raleigh, NC 27601

  • Coming soon
Home in the heart of downtown Raleigh, walking distance to restaurants, hotels, nightlife, Memorial Auditorium, Convention Center, Red Hat Amphitheater,etc

Details

Property type

Single Family Residence

Est. home value

$502,472

Lot size

9,147.6 sq ft

Price per sq ft

$300,000

Year built

1995

Annual property taxes

$499,395

Schools & Community

Neighborhood: 

Central

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

$392,101
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$159,899
Cash to seller
$392,101

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

Seller’s Loan History

Lender

State Employees Cu

Loan start date

April 2022

Original loan amount

$169,000

Est. remaining balance

$159,899

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Charlzina Romero and Victor Romero

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: Coming Soon

Tomo last checked: 03/12/2025 at 7:00 AM

Listing updated: 03/11/2025 at 10:20 PM

Listed by: Joann Baker McClain, The Property Shop Phone #: (919) 669-2887

MLS: TriangleMLS #10081531

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