tomo logo

$5,170,000

Beds
3
Baths
2.0
sq ft
1,248

7612 Fayetteville Road, Raleigh, NC 27603

7612 Fayetteville Road

Raleigh, NC 27603

  • 252 days on market
9.4 +- Acres total, Prime land located along Fayetteville rd. in the Opportunity Zone business corridor. Other properties near to this are zoned R-40 adjacent to the new Costco shopping center, retail buildings and high density apartments. High traffic area ready for redevelopment. Property being sold in conjunction with 7.37 acres vacant land PIN#0689988964.

Details

Property type

Single Family Residence

Lot size

9.4 acres

Price per sq ft

$4,143

Year built

1989

Annual property taxes

$1,483.41

Price History

03/15/2024
TriangleMLS

TriangleMLS #10017444

Listed
$5,170,000
+363.05%
03/02/2024
TriangleMLS

TriangleMLS #2499416

Removed
$1,116,500
10/02/2023
TriangleMLS

TriangleMLS #2499416

Listed
$1,116,500

Schools & Community

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

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

Centura Bank

Loan start date

January 1999

Original loan amount

$15,000

Est. remaining balance

Not provided

Interest rate

6.71%

Loan type

Not Provided

Seller

James H Sorrell

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: Active

Tomo last checked: 11/23/2024 at 1:30 AM

Listing updated: 10/20/2024 at 1:16 PM

Listed by: Ben Parker, Keller Williams Legacy Phone #: (919) 439-2105

MLS: TriangleMLS #10017444

TriangleMLS logo

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