tomo logo

$2,000,000

Beds
5
Baths
3.5
sq ft
3,632

222 East Park Drive, Raleigh, NC 27605

222 East Park Drive

Raleigh, NC 27605

  • 110 days on market
    • Price drop $149,000↓
Newly constructed Forest Park (formerly Cameron Park) house overlooking 3.5 acres of open space. This 2018 house was built by GR Wooten and features top-notch craftsmanship and appointments throughout. The house was designed to meet modern desires while preserving the character of the 100+ year old neighborhood. The first-floor master bedroom is sure to suit everyone's lifestyle. The interior features an open floor plan with 10-foot ceilings, a large first-floor master with a spacious walk-in closet, a luxurious bathroom, and a steam shower. Additionally, there is a first-floor work space, sunroom, and mudroom. The second floor includes four generous bedrooms, a bonus room, a loft, and plenty of closet space. Laundry room on both first and second floor. You can relax on the large rocking chair front porch overlooking the park, or in the private backyard with a patio and privacy fence. The detached garage can accommodate one vehicle and comes equipped with power, hot and cold water, and a 240v EV charging station. There is also potential for it to be converted into an ADU or garage apartment.

Details

Property type

Single Family Residence

Est. home value

$1,700,948

Lot size

9,147.6 sq ft

Price per sq ft

$551

Year built

2018

Annual property taxes

$12,571.35

Price History

08/16/2024
TriangleMLS

TriangleMLS #10041777

Price change
$2,000,000
-6.93%
07/17/2024
TriangleMLS

TriangleMLS #10041777

Listed
$2,149,000
07/08/2024
TriangleMLS

TriangleMLS #10035242

Removed
$2,149,000

Schools & Community

Neighborhood: 

Hillsborough

Elementary school: 

Wake - Wiley

Middle school: 

Wake - Oberlin

High school: 

Wake - Broughton

Community features: 

Park, Sidewalks, Street Lights

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

Flagstar Bank Fsb

Loan start date

June 2020

Original loan amount

$505,500

Est. remaining balance

$459,029

Interest rate

3.23%

Loan type

New Conventional, 30 year

Seller

Thomas N Brugh and Lisa F Brugh

Lender

Caliber Home Loans Inc

Loan start date

January 2017

Original loan amount

$384,000

Est. remaining balance

$209,743

Interest rate

3.37%

Loan type

New Conventional, 15 year

Seller

Thomas N Brugh and Lisa F Brugh

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: 11/05/2024 at 10:35 AM

Listing updated: 08/23/2024 at 9:44 AM

Listed by: John M Merriman, Berkshire Hathaway HomeService Phone #: (919) 782-6641

MLS: TriangleMLS #10041777

TriangleMLS logo

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