tomo logo

$525,000

Beds
4
Baths
2.0
sq ft
2,151

1401 Morningsdale Drive, Raleigh, NC 27609

1401 Morningsdale Drive

Raleigh, NC 27609

  • <1 day on market
    • Price drop $5,000↓
    • Open house Nov 16
Welcome to this inviting 4-bedroom, 2-bath home, perfectly situated for convenient living! Step inside to discover a bright and open floor plan, ideal for entertaining guests or enjoying cozy family gatherings. The first-floor primary bedroom offers comfort and accessibility, while a versatile bonus room provides additional space to fit your lifestyle needs. You'll love the charming fenced backyard, complete with a spacious brick patio, perfect for relaxing mornings with coffee or evening gatherings. With a 1-car garage and plenty of curb appeal, this home truly has it all! Don't miss your chance to make it yours.

Details

Property type

Single Family Residence

Est. home value

$544,397

Lot size

9,147.6 sq ft

Price per sq ft

$245

Year built

1985

Annual property taxes

$4,310

Monthly HOA fee

$102

Price History

11/15/2024
TriangleMLS

TriangleMLS #10063489

Price change
$525,000
-0.94%
11/15/2024
TriangleMLS

TriangleMLS #10063489

Listed
$530,000
+96.37%
10/30/2015
TriangleMLS

TriangleMLS #2031204

Sold
$269,900
+74.13%

Schools & Community

Neighborhood: 

North Raleigh

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

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

$177,294
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$305,706
Cash to seller
$177,294

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

Seller’s Loan History

Lender

State Employees Cu

Loan start date

August 2021

Original loan amount

$328,500

Est. remaining balance

$305,706

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Wesley Yarber and Anna Yarber

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: 11/15/2024 at 1:30 PM

Listing updated: 11/15/2024 at 11:05 AM

Listed by: Sharon Evans, EXP Realty LLC Phone #: (888) 584-9831

MLS: TriangleMLS #10063489

TriangleMLS logo

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