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$309,000

Beds
3
Baths
2.0
sq ft
1,350

725 Colonial Drive, Raleigh, NC 27603

725 Colonial Drive

Raleigh, NC 27603

  • 86 days on market
    • Price drop $50,900↓
Hard to find 3 bedroom/2 bath RANCH home with an AMAZING in-ground pool (liner replaced in 2023). Very private, completely fenced backyard with large deck and pool area ideal for entertaining and fun backyard parties. Master suite is split from the other 2 bedrooms. Newer flooring and carpet. 2-car carport and additional parking. Home is located at the end of Colonial Drive. Minutes from shopping and amenities along Old Stage and Timber Drive. NO HOA AND NO CITY TAXES.

Details

Property type

Single Family Residence

Est. home value

$300,204

Lot size

0.48 acres

Price per sq ft

$229

Year built

1960

Annual property taxes

$1,624

Price History

11/25/2024
TriangleMLS

TriangleMLS #10055239

Price change
$309,000
-14.14%
09/27/2024
TriangleMLS

TriangleMLS #10055239

Listed
$359,900
+291.2%
08/13/2004
TriangleMLS

TriangleMLS #717067

Sold
$92,000

Schools & Community

Elementary school: 

Wake - Smith

Middle school: 

Wake - North Garner

High school: 

Wake - Garner

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Coastal Fcu

Loan start date

July 2023

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

6.79%

Loan type

Credit Line (Revolving), 20 year

Seller

Darrell Ray Howard

Lender

Quicken Loans Inc

Loan start date

July 2014

Original loan amount

$92,825

Est. remaining balance

$33,942

Interest rate

3.31%

Loan type

New Conventional, 15 year

Seller

Darrell Ray Howard

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: 12/23/2024 at 9:45 AM

Listing updated: 12/18/2024 at 1:55 PM

Listed by: Don Gomez, C-A-RE Realty Phone #: (704) 565-0689

MLS: TriangleMLS #10055239

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