tomo logo

$1,285,000

Beds
3
Baths
3.5
sq ft
2,716

2005 Bernard Street, Raleigh, NC 27608

2005 Bernard Street

Raleigh, NC 27608

  • 10 days on market
This home is a stunning example of craftsmanship and design. Located in the Hi Mount/Five Points neighborhood, this residence is a masterfully designed collaboration between Tony Frazier and the current homeowners, brought to life by Custom Estate Homes. You will be welcomed by a wraparound porch and a voluminous foyer, featuring a wall of windows in the stairwell. The lower level includes a private office with a large closet and a gourmet kitchen with an abundance of cabinets in both the kitchen and the dining space. You can feel the custom touches throughout the home, such as reclaimed wood accent walls, custom cabinets flanking the fireplace, an expansive island in the kitchen, and a walk-in pantry. The outdoor space is unparalleled, offering a large covered porch and a patio with a fire pit in your completely fenced, heavily landscaped rear yard. There is also a custom-designed storage shed built to mimic the home's design. The upper floor consists of the primary bedroom and spa-like bath, featuring a freestanding tub and oversized shower. The massive walk-in closet has direct entry to the laundry. The additional two bedrooms each have private baths. There are multiple entry points for the home: a front door for guests and a side door for the convenience of unloading the car. You will also enjoy the proximity to the Raleigh Greenway, Kiwanis Park, Joyner Elementary, Five Points, and a multitude of restaurants and shops, making this an extremely walkable location.

Details

Property type

Single Family Residence

Est. home value

$1,040,292

Lot size

7,840.8 sq ft

Price per sq ft

$474

Year built

2017

Annual property taxes

$9,312.95

Price History

02/12/2025
TriangleMLS

TriangleMLS #10076025

Listed
$1,285,000
+497.67%
05/25/2007
TriangleMLS

TriangleMLS #905990

Sold
$215,000
+56.93%
09/28/2001
TriangleMLS

TriangleMLS #608028

Sold
$137,000

Schools & Community

Neighborhood: 

Five Points

Elementary school: 

Wake - Joyner

Middle school: 

Wake - Oberlin

High school: 

Wake - Broughton

Community features: 

None

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

$734,420
Asking price
$1,285,000
Closing costs (~8% of asking)
-$102,800
Est. remaining loan balance
-$447,780
Cash to seller
$734,420

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

Seller’s Loan History

Lender

Gold Star Mortgage Financial Group Corp

Loan start date

March 2021

Original loan amount

$528,000

Est. remaining balance

$447,780

Interest rate

2.73%

Loan type

New Conventional, 20 year

Seller

Gregory S Delage and Monique L Delage

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: 02/22/2025 at 4:25 PM

Listing updated: 02/18/2025 at 10:01 AM

Listed by: Carolyn Swenson, Allen Tate/Raleigh-Glenwood Phone #: (919) 719-2900

MLS: TriangleMLS #10076025

TriangleMLS logo

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