tomo logo

$1,250,000

Beds
6
Baths
4.0
sq ft
4,067

807 East Edenton Street, Raleigh, NC 27601

807 East Edenton Street

Raleigh, NC 27601

  • 190 days on market
    • Price drop $25,000↓
Come explore this turnkey AirBnB in downtown Raleigh with a gorgeous updated and renovated basement with its own fenced in back yard and separate entrance. Currently rents as 3 units, with 3 kitchens and laundry in each unit, however upstairs could easily be large single home with basement for rental OR multi generational living. Truly move-in ready with newer roof, 3 newer AC Units, and updated bathrooms. Enjoy your new home from the front porch, or entertain out back in the large fenced in yard. Enjoy this great income producing property, with bookings already scheduled, that is just blocks from city center, museums, & restaurants. This home, even though it is now part of this modern era, has kept so much of its original charm that makes this home so very special!

Details

Property type

Single Family Residence

Est. home value

$824,639

Lot size

8,276.4 sq ft

Price per sq ft

$308

Year built

1925

Annual property taxes

$5,343

Price History

10/21/2024
TriangleMLS

TriangleMLS #10029663

Price change
$1,250,000
-1.96%
09/11/2024
TriangleMLS

TriangleMLS #10029663

Price change
$1,275,000
-1.16%
05/16/2024
TriangleMLS

TriangleMLS #10029663

Listed
$1,290,000
+168.75%

Schools & Community

Neighborhood: 

North Central

Elementary school: 

Wake - Powell

Middle school: 

Wake - Ligon

High school: 

Wake - Broughton

Community features: 

Park, Restaurant, 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

$842,668
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$307,332
Cash to seller
$842,668

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

April 2021

Original loan amount

$358,000

Est. remaining balance

$307,332

Interest rate

2.73%

Loan type

New Conventional, 20 year

Seller

Juliana Trigoso and Fernando A Trigoso

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: 11/22/2024 at 9:30 PM

Listing updated: 10/21/2024 at 10:20 AM

Listed by: Steven Norris, EXP Realty LLC Phone #: (888) 584-9431

MLS: TriangleMLS #10029663

TriangleMLS logo

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