tomo logo

$1,875,000

Beds
4
Baths
3.0
sq ft
3,535

1502 Iredell Drive, Raleigh, NC 27608

1502 Iredell Drive

Raleigh, NC 27608

  • Pending
Showings start Wednesday, 2/26. Nestled in the picturesque Hayes Barton neighborhood, this turn-key home offers timeless charm and modern comfort in an idyllic setting. Ideal for both entertaining and everyday family living, this thoughtfully designed home offers a spacious floor plan with seamless flow between living areas. A beautiful foyer welcomes you into a home filled with natural light. Two cozy yet spacious living rooms on the main floor provide opportunities for entertaining or hanging out with loved ones. The sunroom wrapped in windows offers the perfect place for your morning coffee. Upstairs, well-appointed bedrooms provide peaceful spaces to unwind. Don't miss the third-floor bonus room—perfect for a home office, playroom, or workout room—along with ample walk-in attic storage. The home features Visual Comfort light fixtures, as well as, refinished hardwood floors, upgraded Baldwin Estate Series door hardware, fresh paint, and updated roof and gutters (2021). A recently landscaped yard features all new curbed beds, stone retaining wall, brick wall and pathway, and a custom wooden gate with artisan iron hardware, setting the stage for the warmth and character found inside. With its storybook curb appeal, sun-filled interiors, and seamless blend of character and functionality, this home offers a truly exceptional living experience in one of the most sought-after communities.

Details

Property type

Single Family Residence

Est. home value

$1,428,428

Lot size

0.31 acres

Price per sq ft

$531

Year built

1985

Annual property taxes

$11,959

Price History

02/27/2025
TriangleMLS

TriangleMLS #10077495

Pending
$1,875,000
02/24/2025
TriangleMLS

TriangleMLS #10077495

Listed
$1,875,000
02/20/2025
TriangleMLS

TriangleMLS #10077495

Removed
$1,875,000

Schools & Community

Neighborhood: 

Five Points

Elementary school: 

Wake - Lacy

Middle school: 

Wake - Oberlin

High school: 

Wake - Broughton

Community features: 

Curbs, Sidewalks

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

$1,111,780
Asking price
$1,875,000
Closing costs (~8% of asking)
-$150,000
Est. remaining loan balance
-$613,220
Cash to seller
$1,111,780

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

Seller’s Loan History

Lender

Morgan Stanley Private Bank Na

Loan start date

March 2021

Original loan amount

$675,500

Est. remaining balance

$613,220

Interest rate

2.79%

Loan type

New Conventional, 30 year

Seller

Ellis Edwards Minton and Lee Miller Clark

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: Pending/Under Contract

Tomo last checked: 04/01/2025 at 1:45 PM

Listing updated: 03/31/2025 at 12:53 PM

Listed by: Miller Minton, Hodge & Kittrell Sotheby's Int Phone #: (919) 876-7411

MLS: TriangleMLS #10077495

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