tomo logo

$1,495,000

Beds
4
Baths
3.5
sq ft
3,518

1816 Great Oaks Drive, Raleigh, NC 27608

1816 Great Oaks Drive

Raleigh, NC 27608

  • 76 days on market
    • Price drop $100,000↓
    • Open house Jul 07
Elegant, open, spacious, and warm, this stunning traditional house offers one level living with 9-foot ceilings, deep moldings, and custom trims. Designed by Carter Skinner, attributes include main floor primary suite, 2-car garage with electric charging station, exceptionally large, spectacular courtyard, and multiple living spaces. Bonus room is light filled, versatile, accessible, and adaptable for den, office or social. Open kitchen dining and living areas combine with outdoor space are perfect for entertaining. The owner has created a private oasis with lush landscaping and beautiful plantings. Walkable to Five Points and the Village District. NEW ROOF in 2024! Don't miss this unique opportunity.

Details

Property type

Single Family Residence

Est. home value

$1,117,958

Lot size

7,405.2 sq ft

Price per sq ft

$425

Year built

2001

Annual property taxes

$7,754.64

Monthly HOA fee

$50

Price History

06/06/2024
TriangleMLS

TriangleMLS #10024121

Price change
$1,495,000
-6.27%
04/19/2024
TriangleMLS

TriangleMLS #10024121

Listed
$1,595,000

Schools & Community

Neighborhood: 

Wade

Elementary school: 

Wake - Lacy

Middle school: 

Wake - Oberlin

High school: 

Wake - Broughton

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Townebank

Loan start date

December 2022

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

6.95%

Loan type

Stand Alone Second, 3 year

Seller

S Worth Dunn Iii and S Worth Dunn Iii Revocable Trust

Lender

Primary Residential Mortgage Inc

Loan start date

June 2013

Original loan amount

$363,533

Est. remaining balance

$270,499

Interest rate

3.4%

Loan type

New Conventional, 30 year

Seller

Sydney W Dunn Iii

Lender

Primary Residential Mortgage Inc

Loan start date

April 2009

Original loan amount

$389,300

Est. remaining balance

$263,181

Interest rate

5.07%

Loan type

Not Provided, 30 year

Seller

Sydney W Dunn Iii

Lender

Branch Banking & Trust Co

Loan start date

September 2003

Original loan amount

$132,000

Est. remaining balance

Not provided

Interest rate

5.67%

Loan type

Credit Line (Revolving)

Seller

Sydney Worth Dunn Iii

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: 07/04/2024 at 11:50 PM

Listing updated: 07/03/2024 at 12:53 PM

Listed by: Dell P Paschal, Berkshire Hathaway HomeService Phone #: (919) 782-6641

MLS: TriangleMLS #10024121

TriangleMLS logo

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