tomo logo

$1,428,428Estimated home value

Beds
4
Baths
3.0
sq ft
3,162

1502 Iredell Drive, Raleigh, NC 27608

1502 Iredell Drive

Raleigh, NC 27608

  • Sold On 4/17/2017
Rare opportunity to own a more recently built Hayes-Barton home on a beautiful lot in an ideal location. The first floor is open with tall ceilings and plenty of sunlight--you'll find formal living and dining rooms, a wet bar, large family room, kitchen, breakfast room and full bath. Master bedroom with fireplace, ensuite master bath and walk in closet, along with 3 guest rooms and full guest bath are upstairs. Large finished bonus room on third floor.

Details

Property type

Single Family Residence

Est. home value

$1,428,428

Lot size

0.31 acres

Price per sq ft

$253

Year built

1985

Annual property taxes

$10,227

Price History

02/20/2025
TriangleMLS

TriangleMLS #10077495

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

TriangleMLS #10077495

Listed
$1,875,000
+153.38%
04/17/2017
TriangleMLS

TriangleMLS #2070883

Sold
$740,000

Schools & Community

Neighborhood: 

Five Points

Elementary school: 

Wake - Lacy

Middle school: 

Wake - Oberlin

High school: 

Wake - Broughton

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

$119,177
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$615,903
Cash to seller
$119,177

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

$615,903

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?

Similar Homes Nearby

TriangleMLS
$2,000,000
4 bd
|
2.5 ba
|
4,900 sq ft
|
House

2618 Wade Avenue, Raleigh, NC 27607

TriangleMLS
$1,895,000
4 bd
|
3.5 ba
|
3,451 sq ft
|
House

1313 College Place, Raleigh, NC 27605

TriangleMLS
$1,992,000
4 bd
|
4.5 ba
|
3,724 sq ft
|
House

2651 Marchmont Street, Raleigh, NC 27608

Status: Off Market

Tomo last checked: 02/23/2025 at 1:00 AM

Listing updated: 02/14/2025 at 2:51 AM

Listed by: Brian S Meares,

MLS: TriangleMLS #2070883

TriangleMLS logo

Recently listed in Raleigh

$595,000|3 bd|3.0 ba|House
$330,000|2 bd|2.5 ba|Townhouse
$1,750,000|5 bd|4.5 ba|House
$425,000|4 bd|2.0 ba|House
$350,000|3 bd|2.5 ba|House
$285,000|2 bd|2.0 ba|Condo