tomo logo

$355,000

Beds
3
Baths
1.5
sq ft
1,209

8604 Lobelia Street, Raleigh, NC 27603

8604 Lobelia Street

Raleigh, NC 27603

  • <1 day on market
Welcome to this beautifully updated ranch home, offering the perfect blend of comfort and convenience just minutes from downtown Raleigh! Situated on a large lot, this property features a spacious backyard with a cozy fire pit, ideal for entertaining or relaxing under the stars. The inviting screen porch provides a peaceful spot to enjoy the outdoors year-round. Inside, the home boasts a bright and modern kitchen complete with sleek quartz countertops, stylish cabinetry, new backsplash and updated LVT. New carpet and Freshly painted Interior and Exterior. Additional highlights include a convenient outdoor shed for extra storage and a prime location close to shopping, dining, and everything Raleigh has to offer.

Details

Property type

Single Family Residence

Est. home value

$283,832

Lot size

0.47 acres

Price per sq ft

$294

Year built

1979

Annual property taxes

$2,045.6

Price History

11/14/2024
TriangleMLS

TriangleMLS #10063392

Listed
$355,000
+103.44%
02/14/2020
TriangleMLS

TriangleMLS #2295379

Sold
$174,500
+51.87%
01/28/2005
TriangleMLS

TriangleMLS #775369

Sold
$114,900

Schools & Community

Elementary school: 

Wake - Banks Road

Middle school: 

Wake - West Lake

High school: 

Wake - Middle Creek

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

$142,839
Asking price
$355,000
Closing costs (~8% of asking)
-$28,400
Est. remaining loan balance
-$183,761
Cash to seller
$142,839

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

November 2021

Original loan amount

$196,700

Est. remaining balance

$183,761

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Colin Lee Mccormac

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: 11/14/2024 at 8:00 PM

Listing updated: 11/14/2024 at 4:31 PM

Listed by: Tammy Orebaugh, Flex Realty Phone #: (919) 355-4376

MLS: TriangleMLS #10063392

TriangleMLS logo

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