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$400,000

Beds
3
Baths
2.5
sq ft
2,305

2517 Oakes Plantation Drive, Raleigh, NC 27610

2517 Oakes Plantation Drive

Raleigh, NC 27610

  • Pending
    • Price drop $25,000↓
BACK ON MARKET! PRICE REDUCTION! $400,000.00! This home has a lot to offer and is nestled in a very quiet neighborhood. The first floor features the primary room, 1.5 bathrooms, family room with fireplace, a kitchen with separate dining room, and it has a spacious sunroom which leads to a swimming pool. Upstairs you will find 2 bedrooms, 1 full bath, and an office/media room. From the garage to your right, there is a door which will lead you upstairs to a room which can be used as a man cave, gym, play area for the kids, etc. A generator conveys with this house. Use your imagination to make this home your very own. This home sits on .94 acres of beautiful flat land.

Details

Property type

Single Family Residence

Lot size

0.94 acres

Price per sq ft

$174

Year built

1988

Annual property taxes

$2,317

Price History

12/22/2024
TriangleMLS

TriangleMLS #10043920

Pending
$400,000
12/03/2024
TriangleMLS

TriangleMLS #10043920

Price change
$400,000
-5.88%
08/26/2024
TriangleMLS

TriangleMLS #10043920

Pending
$425,000

Schools & Community

Elementary school: 

Wake - Knightdale

Middle school: 

Wake - Neuse River

High school: 

Wake - Knightdale

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

Phh Mortgage Services Corp

Loan start date

May 2022

Original loan amount

$607,500

Est. remaining balance

Not provided

Interest rate

4.1%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 72 year

Seller

Joseph E Bostic Jr and Kathleen Bias

Lender

Mid-American Mortgage Inc

Loan start date

April 2021

Original loan amount

$456,750

Est. remaining balance

Not provided

Interest rate

2.56%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 72 year

Seller

Joseph E Bostic Jr

Lender

Liberty Home Equity Solutions Inc

Loan start date

April 2018

Original loan amount

$435,000

Est. remaining balance

Not provided

Interest rate

4.83%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

Joseph E Bostic Jr and Elvia Bostic

Lender

Slm Mortgage Corp Nc

Loan start date

February 2003

Original loan amount

$10,513

Est. remaining balance

Not provided

Interest rate

5.93%

Loan type

Stand Alone Second, 7 year

Seller

Joe E Bostic Jr

Lender

Novastar Mortgage Inc

Loan start date

February 2003

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

6.99%

Loan type

Not Provided, 30 year

Seller

Joseph E Bostic Jr

Lender

Beneficial Mtg Co Of North Carolina

Loan start date

December 2002

Original loan amount

$30,303

Est. remaining balance

$0

Interest rate

6.11%

Loan type

Not Provided, 20 year

Seller

Joseph E Bostic Jr

Lender

Beneficial Mtg Co

Loan start date

October 2001

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

6.89%

Loan type

Credit Line (Revolving)

Seller

Joseph E Bostic Jr

Lender

Slm Financial/Mtg Corp

Loan start date

December 1999

Original loan amount

$10,076

Est. remaining balance

$0

Interest rate

7.57%

Loan type

Not Provided, 10 year

Seller

Joseph E Bostic Jr

Lender

Americas Wholesale Lndr

Loan start date

September 1999

Original loan amount

$168,800

Est. remaining balance

Not provided

Interest rate

8.5%

Loan type

Not Provided, 30 year

Seller

Joseph E Bostic Jr

Lender

Consolidated Mtg & Financial Svcs Corp

Loan start date

October 1997

Original loan amount

$153,000

Est. remaining balance

$0

Interest rate

7.46%

Loan type

Not Provided, 20 year

Seller

Joseph E Bostic Jr and Fay E Bostic

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: Pending/Under Contract

Tomo last checked: 12/23/2024 at 11:50 AM

Listing updated: 12/21/2024 at 7:10 PM

Listed by: Jackie Moore, Moore's Realty, Inc. Phone #: (919) 931-1116

MLS: TriangleMLS #10043920

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