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$530,000

Beds
3
Baths
2.0
sq ft
2,844

1012 Mountain Laurel Drive, Raleigh, NC 27603

1012 Mountain Laurel Drive

Raleigh, NC 27603

  • 4 days on market
Welcome to this charming 3-bedroom, 2-bathroom ranch-style home in South Raleigh! Featuring upgraded light fixtures, luxury vinyl plank flooring throughout the main living areas, and all of the bedrooms on the first floor. The spacious living room includes a beautiful corner fireplace, while the formal dining room offers an ideal space for entertaining. The kitchen boasts quartz countertops, a stylish backsplash, and a light and bright breakfast nook. The first-floor primary suite includes dual vanities, a walk-in closet, and a walk-in shower. Upstairs, enjoy a large bonus area with endless possibilities - office, media room, gym, or extra bedroom. Outdoors, relax on the expansive deck overlooking a large backyard with wooded views. Additional storage is available in the walk-in crawl space and included shed. There is also electric hookup for an RV behind the 2 car garage, and an oversized, flat driveway. All of this on a .71 acre lot on a quiet street with no HOA!

Details

Property type

Single Family Residence

Est. home value

$455,891

Lot size

0.71 acres

Price per sq ft

$187

Year built

1997

Annual property taxes

$2,653

Price History

03/26/2025
TriangleMLS

TriangleMLS #10084794

Listed
$530,000
+14.72%
05/04/2022
TriangleMLS

TriangleMLS #2437337

Sold
$462,000
+32%
05/27/2021
TriangleMLS

TriangleMLS #2376882

Sold
$350,000
+134.9%

Schools & Community

Elementary school: 

Wake - Rand Road

Middle school: 

Wake - North Garner

High school: 

Wake - South Garner

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

$70,835
Asking price
$530,000
Closing costs (~8% of asking)
-$42,400
Est. remaining loan balance
-$416,765
Cash to seller
$70,835

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

May 2022

Original loan amount

$438,900

Est. remaining balance

$416,765

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Stephen A Wood and Elizabeth M Wood

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: 03/31/2025 at 7:00 AM

Listing updated: 03/31/2025 at 4:11 AM

Listed by: Beth Peterson, Costello Real Estate & Investm Phone #: (980) 938-8920

MLS: TriangleMLS #10084794

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