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$439,900

Beds
3
Baths
2.5
sq ft
1,775

2517 Farlow Gap Lane, Raleigh, NC 27603

2517 Farlow Gap Lane

Raleigh, NC 27603

  • 45 days on market
    • Price drop $10,000↓
Beautiful Home in Trailwood Hills! This amazing home has been meticulously maintained and updated with new paint! Soaring two story foyer and family room makes this open floorplan so elegant that would be very hard to find at this price point. The Family Room features custom built-in bookshelves and a Gas Fireplace. A large kitchen with new LVP flooring, stainless steel appliances, and white cabinets. Huge master bedroom with large walk-in closet and sitting area. Two additional bedrooms on the other side of the house, sandwiched between the second bathroom to create privacy in each bedroom. A very private, fenced in backyard. Extremely close to NCSU, Downtown Raleigh, Farmer Market, I-40 and shopping! Come and make this your home!

Details

Property type

Single Family Residence

Est. home value

$442,256

Lot size

7,405.2 sq ft

Price per sq ft

$248

Year built

1999

Annual property taxes

$3,669

Monthly HOA fee

$36.3

Price History

09/13/2024
TriangleMLS

TriangleMLS #10044690

Price change
$439,900
-2.22%
08/02/2024
TriangleMLS

TriangleMLS #10044690

Listed
$449,900
+87.46%
07/13/2017
TriangleMLS

TriangleMLS #2126806

Sold
$240,000
+18.81%

Schools & Community

Neighborhood: 

Southwest Raleigh

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

Community features: 

Pool

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

$260,733
Asking price
$439,900
Closing costs (~8% of asking)
-$35,192
Est. remaining loan balance
-$143,975
Cash to seller
$260,733

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

May 2013

Original loan amount

$195,091

Est. remaining balance

$143,975

Interest rate

3.43%

Loan type

VA, 30 year

Seller

Robert W Brooks Iii and Alma Jessica Brooks

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: 09/16/2024 at 3:25 PM

Listing updated: 09/12/2024 at 11:19 PM

Listed by: Tuan Nguyen, Golden Realty Phone #: (919) 605-7892

MLS: TriangleMLS #10044690

TriangleMLS logo

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