tomo logo

$425,000

Beds
3
Baths
2.5
sq ft
2,227

1024 Silver Farm Road, Raleigh, NC 27603

1024 Silver Farm Road

Raleigh, NC 27603

  • 65 days on market
    • Price drop $5,000↓
Price Reduced! Welcome to this charming property nestled on a .56-acre fully fenced lot, and screened porch offering both space and privacy. This home features 3 bedrooms, 2.5 baths, and a bonus room with a closet, perfect for use as an additional bedroom or office. The open floor plan enhances the spacious feel, ideal for both relaxing and entertaining. Located just 15 minutes from Costco, and with convenient access to I540, I40/42, and Fuquay Varina, this property combines the tranquility of a large lot with easy access to essential amenities and commuting routes.

Details

Property type

Single Family Residence

Est. home value

$423,562

Lot size

0.56 acres

Price per sq ft

$191

Year built

2017

Annual property taxes

$2,574.15

HOA fee

$223

Price History

08/05/2024
TriangleMLS

TriangleMLS #10040060

Price change
$425,000
-1.16%
07/09/2024
TriangleMLS

TriangleMLS #10040060

Listed
$430,000
+48.28%
09/16/2020
TriangleMLS

TriangleMLS #2329155

Sold
$290,000
+12.13%

Schools & Community

Elementary school: 

Wake - Rand Road

Middle school: 

Wake - North Garner

High school: 

Wake - Garner

Community features: 

Street Lights

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Us Bank Na

Loan start date

January 2024

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

7.44%

Loan type

Credit Line (Revolving), 30 year

Seller

Katherine Iles and Carson R Lee

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
$414,900
3 bd
|
2.5 ba
|
3,037 sq ft
|
House

1021 Silver Farm Road, Raleigh, NC 27603

Price drop
TriangleMLS
$385,000
3 bd
|
2.5 ba
|
2,333 sq ft
|
House

353 Rio Grande Lane, Willow Spring, NC 27592

Pending
TriangleMLS
$399,000
3 bd
|
2.5 ba
|
1,806 sq ft
|
House

1001 Highlander Drive, Raleigh, NC 27603

Status: Active

Tomo last checked: 09/13/2024 at 11:25 AM

Listing updated: 09/05/2024 at 1:43 PM

Listed by: Kathy Dyer, Coldwell Banker Advantage Phone #: (919) 467-5111

MLS: TriangleMLS #10040060

TriangleMLS logo

Recently listed in Raleigh

$475,000|3 bd|2.5 ba|Townhouse
$750,000|3 bd|3.5 ba|Townhouse
$374,900|3 bd|3.5 ba|Townhouse
$330,000|3 bd|2.5 ba|Townhouse
$400,000|2 bd|2.0 ba|Townhouse
$545,500|3 bd|3.0 ba|House
$305,900|3 bd|2.5 ba|Townhouse