tomo logo

$385,000

Beds
2
Baths
2.5
sq ft
1,768

7504 Wellesley Park South, Raleigh, NC 27615

7504 Wellesley Park South

Raleigh, NC 27615

  • 61 days on market
    • Price drop $14,900↓
NEW PRICE and brand new roof (2023)and brand new exterior paint (to be completed mid-September) SELLER WILL PAY $3,500 in closing costs or rate reduction with full price offer. Bright and sunny 2 bedroom/2-1/2 bathroom home in conveniently located subdivision with lake access. Freshly painted with hardwood floors on both levels, this home is move-in ready. Large skylights (just reset and sealed in 2023 along with the roof) brighten up the entire unit. The family room is huge with a lovely fireplace and lots of room for entertaining. Primary Bedroom on second floor with spa bath and an adorable Juliette balcony and 2 closets. A second bedroom with ensuite bath that is perfect for guests or roommates. includes a huge walk in closet. Kitchen has space for a table, and the pantry is large. Freshly painted cabinetry and stainless steel appliances, all of which convey. Beautiful private deck with lovely views of trees. The lake is accessible down the street, and there is a nice walkway around. as well as a lovely pocket park with a gazebo. This home is located within a mile of 2 shopping centers that include grocery stores, restaurants, drug stores, a veterinarian, pet food store and many other necessary retail. 20 minutes to Downtown Raleigh, and 20-25 minutes to Downtown Durham.

Details

Property type

Townhouse

Est. home value

$362,678

Lot size

Unknown

Price per sq ft

$218

Year built

1986

Annual property taxes

$3,219.19

Monthly HOA fee

$289

Price History

09/06/2024
TriangleMLS

TriangleMLS #10042447

Price change
$385,000
-3.73%
08/06/2024
TriangleMLS

TriangleMLS #10042447

Price change
$399,900
-1.26%
07/19/2024
TriangleMLS

TriangleMLS #10042447

Listed
$405,000
+90.59%

Schools & Community

Neighborhood: 

North Raleigh

Elementary school: 

Wake - Lynn Road

Middle school: 

Wake - Carroll

High school: 

Wake - Sanderson

Community features: 

Gated, Lake, Park, Sidewalks, Street Lights

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

$86,046
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$268,154
Cash to seller
$86,046

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

Seller’s Loan History

Lender

Nationstar Mortgage Llc

Loan start date

July 2022

Original loan amount

$276,760

Est. remaining balance

$268,154

Interest rate

5.09%

Loan type

FHA, 30 year

Seller

William Jeffrey Fink

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: 09/19/2024 at 5:55 PM

Listing updated: 09/17/2024 at 11:19 PM

Listed by: Sara DuChon, Corcoran DeRonja Real Estate Phone #: (919) 443-3123

MLS: TriangleMLS #10042447

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