tomo logo

$875,000

Beds
4
Baths
3.5
sq ft
3,606

1020 Andiron Lane, Raleigh, NC 27614

1020 Andiron Lane

Raleigh, NC 27614

  • 29 days on market
    • Price drop $25,000↓
This classic home has been handsomely updated, yet retains its' solid and stately presence while feeling fresh and current. The interior has been lovingly maintained and improved to offer a splendid and spotless property that is perfect to spread out, work from home, play inside and out, or just rest comfortably. The large and private lot gives you a serene setting that is increasingly hard to find - the benefit of having a double lot. The proud sellers have made aesthetic improvements, both inside and out, all the while protecting the home with annual maintenance checks on the systems. Smart buyers will love the generously sized bedrooms, abundant storage, oversized garage, sunroom and extended decking with spa. You'll enjoy entertaining in the large kitchen, but you can also take the party outside to the deck, sunroom or expansive backyard. This is the home that can provide a respite from the world.

Details

Property type

Single Family Residence

Est. home value

$793,236

Property condition

Updated/Remodeled

Lot size

1.91 acres

Price per sq ft

$243

Year built

1988

Annual property taxes

$4,475.68

Monthly HOA fee

$8.33

Price History

10/21/2024
TriangleMLS

TriangleMLS #10056916

Price change
$875,000
-2.78%
10/07/2024
TriangleMLS

TriangleMLS #10056916

Listed
$900,000
+95.65%
06/20/2016
TriangleMLS

TriangleMLS #2062236

Sold
$460,000

Schools & Community

Elementary school: 

Wake - Brassfield

Middle school: 

Wake - West Millbrook

High school: 

Wake - Millbrook

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

$465,436
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$339,564
Cash to seller
$465,436

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

June 2016

Original loan amount

$414,000

Est. remaining balance

$339,564

Interest rate

3.61%

Loan type

New Conventional, 30 year

Seller

Lisa Terwilliger and Eric L Terwilliger

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?

Similar Homes Nearby

Price drop
TriangleMLS
$935,000
4 bd
|
3.5 ba
|
3,694 sq ft
|
House

1120 Hawk Hollow Lane, Wake Forest, NC 27587

TriangleMLS
$849,000
4 bd
|
3.5 ba
|
3,297 sq ft
|
House

200 Fulham Place, Raleigh, NC 27615

TriangleMLS
$900,000
4 bd
|
3.5 ba
|
3,312 sq ft
|
House

1328 Mill Glen Circle, Raleigh, NC 27614

Status: Active

Tomo last checked: 11/05/2024 at 10:10 PM

Listing updated: 10/29/2024 at 11:05 PM

Listed by: Susan Reinhard, Fonville Morisey/Triangle Spec Phone #: (919) 417-9908

MLS: TriangleMLS #10056916

TriangleMLS logo

Recently listed in Raleigh