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$849,900

Beds
4
Baths
3.5
sq ft
3,727

12516 Shallowford Drive, Raleigh, NC 27614

12516 Shallowford Drive

Raleigh, NC 27614

  • <1 day on market
    • Open house Mar 15
Just a 10-minute stroll to the breathtaking Falls Lake! This exceptional home offers the perfect blend of outdoor adventure and luxurious comfort. The spacious and thoughtfully designed main floor features an open floor plan with tons of natural daylight. The kitchen features classic white cabinets, subway tile backsplash and tons of builtins for storage, it even has a builtin table for meals, work, or homework. There is a bonus room and a finished third floor with a full bath, offering endless possibilities for a guest suite, home office, or recreation space. Venture outside to an entertainer's dream—a huge tiered Trex deck overlooking a beautiful, expansive backyard complete with a swim spa for year-round relaxation and a fenced-in garden for your green thumb. This home is more than a place to live—it's a lifestyle. Don't miss this rare opportunity to own a one-of-a-kind retreat near one of the Triangle's most sought-after lakes!

Details

Property type

Single Family Residence

Est. home value

$837,976

Lot size

1.39 acres

Price per sq ft

$229

Year built

1984

Annual property taxes

$4,787.99

Monthly HOA fee

$66.67

Price History

03/14/2025
TriangleMLS

TriangleMLS #10082327

Listed
$849,900
+50.42%
07/10/2020
TriangleMLS

TriangleMLS #2317662

Sold
$565,000
+40.37%
02/28/2005
TriangleMLS

TriangleMLS #773560

Sold
$402,500

Schools & Community

Elementary school: 

Wake - Brassfield

Middle school: 

Wake - West Millbrook

High school: 

Wake - Millbrook

Community features: 

Pool, Playground, 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

$323,953
Asking price
$849,900
Closing costs (~8% of asking)
-$67,992
Est. remaining loan balance
-$457,955
Cash to seller
$323,953

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

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

July 2020

Original loan amount

$508,500

Est. remaining balance

$457,955

Interest rate

3.24%

Loan type

New Conventional, 30 year

Seller

Sarah Frances Schauman and Christopher Brian Schauman

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: 03/14/2025 at 3:45 PM

Listing updated: 03/14/2025 at 1:31 PM

Listed by: Tina Caul, EXP Realty LLC Phone #: (888) 584-9431

MLS: TriangleMLS #10082327

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