tomo logo

$1,230,000

Beds
5
Baths
4.0
sq ft
2,297

2147 Wake Drive, Raleigh, NC 27608

2147 Wake Drive

Raleigh, NC 27608

  • 3 days on market
As you approach from the street, the allure of this captivating storybook brick residence is sure to win your heart. Every corner and detail invites exploration, from the charming captain's window closet to the hidden wine cellar located in the basement. However, the real gem of this property is the carriage apartment. This stunning living space, featuring exposed beams, two bedrooms, and a bathroom, presents a myriad of possibilities. Whether you choose to utilize it as a profitable VRBO, a home-based work studio, a hangout for teenagers, or a retreat for in-laws, the options are plentiful. With an additional 1,185 square feet, this fantastic area complements the uniquely crafted 2,300 square feet of the main home, bringing the total living space to nearly 3,500 square feet. It's a rare treasure situated in the vibrant Five Points neighborhood. Homes like this one are scarce in the 27608 zip code, particularly those equipped with a separate two-car garage. Combining a cozy character with contemporary appliances, the high ceilings and hardwood flooring add significant appeal. A series of distinctive windows ensures brightness and warmth throughout the home. French doors open up to a charming Charleston-style courtyard, perfect for effortless grilling or enjoying cocktails and coffee on your secluded patio. Completing the property is a walk-up attic that provides ample additional storage space.

Details

Property type

Single Family Residence

Est. home value

$1,086,094

Lot size

8,276.4 sq ft

Price per sq ft

$536

Year built

1929

Annual property taxes

$8,888

Price History

02/19/2025
TriangleMLS

TriangleMLS #10077383

Listed
$1,230,000
+26.15%
12/13/2021
TriangleMLS

TriangleMLS #2412398

Sold
$975,000
+43.12%
09/29/2017
TriangleMLS

TriangleMLS #2128376

Sold
$681,248

Schools & Community

Neighborhood: 

Five Points

Elementary school: 

Wake - Root

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

$403,735
Asking price
$1,230,000
Closing costs (~8% of asking)
-$98,400
Est. remaining loan balance
-$727,865
Cash to seller
$403,735

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

Seller’s Loan History

Lender

Towne Mortgage Of The Carolinas

Loan start date

December 2021

Original loan amount

$780,000

Est. remaining balance

$727,865

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Ara L Gregorian and Hye Jin Gregorian

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 4:00 PM

Listing updated: 02/20/2025 at 4:45 PM

Listed by: Susan Dahlin Bashford, Hodge & Kittrell Sotheby's Int Phone #: (919) 876-7411

MLS: TriangleMLS #10077383

TriangleMLS logo

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