tomo logo

$365,000

Beds
2
Baths
2.5
sq ft
1,380

7801 Otura Way, Raleigh, NC 27612

7801 Otura Way

Raleigh, NC 27612

  • 88 days on market
    • Price drop $7,000↓
Welcome to 7801 Otura Way, a stunning end unit townhouse located in the desirable Lynnwood Bluff Subdivision of Raleigh, NC. This 2-bedroom, 2.5-bathroom home offers the perfect blend of style and convenience, situated just a short distance from RDU International Airport. Step inside this 2-story home to find a beautifully designed kitchen featuring granite countertops, stainless steel appliances, and an included refrigerator. The kitchen seamlessly flows into a cozy breakfast nook and an inviting living room, creating an open and airy layout perfect for entertaining. A convenient half bath on the first floor is ideal for guests. French doors lead from the living room to a charming back patio that is partially fenced and includes a small storage closet, perfect for outdoor relaxation. Upstairs, the primary bedroom awaits with a spacious walk-in closet and a luxurious full bathroom complete with dual vanities. The second bedroom is equally spacious and offers plenty of room for comfort. This townhome truly has it all, combining modern amenities with a prime location.

Details

Property type

Townhouse

Est. home value

$360,488

Lot size

1,306.8 sq ft

Price per sq ft

$265

Year built

2016

Annual property taxes

$2,628.37

Monthly HOA fee

$155

Price History

10/09/2024
TriangleMLS

TriangleMLS #10045708

Price change
$365,000
-1.88%
09/10/2024
TriangleMLS

TriangleMLS #10045708

Price change
$372,000
-2.08%
08/08/2024
TriangleMLS

TriangleMLS #10045708

Listed
$379,900
+58.29%

Schools & Community

Neighborhood: 

Northwest Raleigh

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

Community features: 

Pool, 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

$126,276
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$209,524
Cash to seller
$126,276

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

Seller’s Loan History

Lender

Jfq Lending Inc

Loan start date

March 2021

Original loan amount

$229,363

Est. remaining balance

$209,524

Interest rate

2.79%

Loan type

FHA, 29 year

Seller

Steven Tyler Coats and Jamie Pennington

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?

Similar Homes Nearby

Price drop
TriangleMLS
$355,000
2 bd
|
2.5 ba
|
1,417 sq ft
|
Townhouse

7873 Allscott Way, Raleigh, NC 27612

Pending
TriangleMLS
$325,000
2 bd
|
2.5 ba
|
1,317 sq ft
|
Townhouse

8263 City Loft Court, Raleigh, NC 27613

TriangleMLS
$319,900
2 bd
|
2.5 ba
|
1,348 sq ft
|
Townhouse

5638 Hamstead Crossing, Raleigh, NC 27612

Status: Active

Tomo last checked: 11/04/2024 at 11:15 PM

Listing updated: 10/19/2024 at 11:26 AM

Listed by: Judy Kluczykowski, HomeTowne Realty Phone #: (919) 550-7355

MLS: TriangleMLS #10045708

TriangleMLS logo

Recently listed in Raleigh

$599,900|3 bd|2.0 ba|House
$295,000|2 bd|2.5 ba|Townhouse
$417,490|4 bd|2.5 ba|House
$475,000|3 bd|2.5 ba|House
$452,490|5 bd|3.0 ba|House
$302,000|3 bd|2.5 ba|House
$1,090,000|3 bd|3.5 ba|House
$300,000|3 bd|2.5 ba|Townhouse