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$899,999

Beds
4
Baths
2.5
sq ft
3,321

11701 Pacesferry Drive, Raleigh, NC 27614

11701 Pacesferry Drive

Raleigh, NC 27614

  • 3 days on market
Welcome to your dream home! This beautifully renovated 4-bedroom sanctuary is nestled in the picturesque neighborhood of Banbury Woods, offering the perfect blend of modern elegance and cozy charm. As you step through the inviting front foyer, you're greeted by an expansive open-concept living space bathed in natural light. The heart of the home boasts a stunning fireplace, providing warmth and ambiance on chilly evenings, while large windows in the adjacent sunroom frame views of the lush backyard and invite you to bask in the sunlight while enjoying your morning coffee or curling up with a good book. The gourmet kitchen is a chef's delight, featuring sleek countertops, stainless steel appliances, and spacious center island perfect for entertaining. Adjacent to the kitchen, the dining room beckons for intimate dinners or lively gatherings with loved ones. The main floor offers a generously-sized mudroom/pantry, complete with built-in storage solutions to keep your gear organized and tidy and plenty of storage for all your culinary essentials. Additionally, the centrally located laundry room ensures laundry day is a breeze. Also downstairs, discover the luxurious primary suite, a peaceful retreat boasting a spacious walk-in closet and an indulgent soaking tub, perfect for unwinding after a long day. For added convenience, an adjacent office provides the ideal workspace for remote productivity. Upstairs, three additional bedrooms offer ample space for family or guests, each thoughtfully designed with comfort and style in mind. Outside, the expansive yard provides plenty of room for outdoor activities and entertaining, while the fenced backyard offers privacy and security for children and pets to roam freely. This home is not just a place to live; it's a haven where cherished memories are made and treasured moments are shared. Welcome home!

Details

Property type

Single Family Residence

Est. home value

$693,520

Property condition

Updated/Remodeled

Lot size

0.92 acres

Price per sq ft

$272

Year built

1989

Annual property taxes

$3,250.3

HOA fee

$305

Price History

06/27/2024
TriangleMLS

TriangleMLS #10037974

Listed
$899,999
+118.45%
06/27/2019
TriangleMLS

TriangleMLS #2245618

Sold
$412,000

Schools & Community

Elementary school: 

Wake - Brassfield

Middle school: 

Wake - West Millbrook

High school: 

Wake - Millbrook

Community features: 

Playground, Pool, Tennis Court(s)

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

$473,419
Asking price
$899,999
Closing costs (~8% of asking)
-$72,000
Est. remaining loan balance
-$354,580
Cash to seller
$473,419

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

Seller’s Loan History

Lender

Corporate Investors Mortgage Group Inc

Loan start date

June 2019

Original loan amount

$391,400

Est. remaining balance

$354,580

Interest rate

4.1%

Loan type

New Conventional, 30 year

Seller

Mohammed A Riyami and Morgan R Riyami

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: 06/30/2024 at 10:40 PM

Listing updated: 06/30/2024 at 5:53 AM

Listed by: Patty Topakian, NextHome RARE Properties Phone #: (919) 576-0345

MLS: TriangleMLS #10037974

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