tomo logo

$555,000

Beds
3
Baths
2.5
sq ft
1,933

829 Cotton Exchange Court, Raleigh, NC 27608

829 Cotton Exchange Court

Raleigh, NC 27608

  • 6 days on market
End unit townhome in prime location near Five Points! Main level has hardwoods & crown molding throughout. Open concept living room & kitchen with eat up island & breakfast nook. Adjacent space can be used as a dining room or office. Second level has 2 bedrooms, 2 full bathrooms & a pocket office. Third floor makes for a great bonus room or spacious third bedroom. Walk to bars, restaurants & shopping! Future East End Market mixed used development project will surround the property! Investors welcome!

Details

Property type

Townhouse

Est. home value

$498,392

Lot size

1,742.4 sq ft

Price per sq ft

$288

Year built

2002

Annual property taxes

$3,608.64

Monthly HOA fee

$150

Price History

01/15/2025
TriangleMLS

TriangleMLS #10070881

Listed
$555,000
+123.79%
04/21/2016
TriangleMLS

TriangleMLS #2053300

Sold
$248,000
+18.1%
10/05/2011
TriangleMLS

TriangleMLS #1767293

Sold
$210,000

Schools & Community

Neighborhood: 

Five Points

Elementary school: 

Wake - Joyner

Middle school: 

Wake - Oberlin

High school: 

Wake - Broughton

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

$479,224
Asking price
$555,000
Closing costs (~8% of asking)
-$44,400
Est. remaining loan balance
-$31,376
Cash to seller
$479,224

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

Seller’s Loan History

Lender

First Citizens Bank & Trust Co

Loan start date

November 2012

Original loan amount

$138,000

Est. remaining balance

$31,376

Interest rate

2.7%

Loan type

New Conventional, 15 year

Seller

Brian J Kalsbeek

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: 01/21/2025 at 7:25 PM

Listing updated: 01/15/2025 at 3:11 PM

Listed by: Chelsea Jones, DASH Carolina Phone #: (984) 205-2279

MLS: TriangleMLS #10070881

TriangleMLS logo

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