tomo logo

$325,000

Beds
3
Baths
2.5
sq ft
1,918

2523 Spring Oaks Way, Raleigh, NC 27614

2523 Spring Oaks Way

Raleigh, NC 27614

  • 112 days on market
    • Price drop $5,000↓
This townhome in Wakefield is a great opportunity for anyone looking for a move-in-ready home! The attached garage, open concept living area, and private backyard with a screened patio offer a lot of comfort and convenience. Plus, having the bedrooms, bathrooms, and laundry all upstairs is such a practical layout. The loft space upstairs is a nice bonus for flexibility—whether for work or play. The location is key, with so many nearby amenities and easy access to major routes like Route 1 and Falls of Neuse. It's definitely a great spot for those who value convenience and outdoor access. The HOA restriction on investor purchases is something to keep in mind if you were considering renting it out, but for someone looking for a primary residence, this is a great opportunity.

Details

Property type

Townhouse

Est. home value

$357,789

Lot size

1,742.4 sq ft

Price per sq ft

$170

Year built

2007

Annual property taxes

$2,902

Monthly HOA fee

$22.92

Price History

02/07/2025
TriangleMLS

TriangleMLS #10061441

Price change
$325,000
-1.52%
12/20/2024
TriangleMLS

TriangleMLS #10061441

Price change
$330,000
-3.23%
11/24/2024
TriangleMLS

TriangleMLS #10061441

Price change
$341,000
-0.29%

Schools & Community

Elementary school: 

Wake - Wakefield

Middle school: 

Wake - Wakefield

High school: 

Wake - Wakefield

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

State Employees Cu

Loan start date

March 2023

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

6.15%

Loan type

Credit Line (Revolving)

Seller

Brian Melvin Ferguson and Juanita Jenene Ferguson

Lender

State Employees Cu

Loan start date

September 2021

Original loan amount

$246,650

Est. remaining balance

$214,704

Interest rate

2.87%

Loan type

New Conventional, 20 year

Seller

Juanita Jenene Ferguson and Brian Melvin Ferguson

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: 02/23/2025 at 3:30 AM

Listing updated: 02/18/2025 at 9:50 AM

Listed by: Amy Millikin, Lavrack Properties, Inc. Phone #: (919) 341-4745

MLS: TriangleMLS #10061441

TriangleMLS logo

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