tomo logo

$625,000

Beds
4
Baths
2.5
sq ft
2,147

801 Purdue Street, Raleigh, NC 27609

801 Purdue Street

Raleigh, NC 27609

  • 14 days on market
    • Price drop $20,000↓
    • Open house Sep 21
Gem of a home in Quail Hollow! Enjoy all that Midtown has to offer.NEW roof - Sept 2024. Open family room is perfect for entertaining. Updated kitchen is highlighted by white cabinetry, granite countertops, and SS appliances. The large dining room is ready for all the upcoming holiday meals. You will find FOUR generously sized bedrooms on the upper level. Stylish and chic, this home is move in ready. The fenced backyard is large and flat with great privacy. Large rear patio and outdoor storage shed. This is a rare opportunity.

Details

Property type

Single Family Residence

Est. home value

$644,941

Lot size

0.38 acres

Price per sq ft

$292

Year built

1977

Annual property taxes

$5,255.78

Price History

09/17/2024
TriangleMLS

TriangleMLS #10050695

Price change
$625,000
-3.1%
09/05/2024
TriangleMLS

TriangleMLS #10050695

Listed
$645,000
+61.25%
03/12/2020
TriangleMLS

TriangleMLS #2298017

Sold
$400,000
+37.93%

Schools & Community

Neighborhood: 

Falls of Neuse

Elementary school: 

Wake - Douglas

Middle school: 

Wake - Carroll

High school: 

Wake - Sanderson

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

$204,301
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$370,699
Cash to seller
$204,301

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

Seller’s Loan History

Lender

Corporate Investors Mortgage Group Inc

Loan start date

September 2021

Original loan amount

$396,800

Est. remaining balance

$370,699

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Paul Cameron Thomas and Susanna Ruth Halley Thomas

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 6:05 PM

Listing updated: 09/18/2024 at 3:20 PM

Listed by: Eddie Cash, Allen Tate/Raleigh-Glenwood Phone #: (919) 719-2900

MLS: TriangleMLS #10050695

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