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$425,000

Beds
3
Baths
2.5
sq ft
1,793

2901 Alder Ridge Lane, Raleigh, NC 27603

2901 Alder Ridge Lane

Raleigh, NC 27603

  • 58 days on market
GREAT NEWS, BACK ON MARKET! DREAMS can come TRUE! This wonderful 3 bedroom 2.5 bath home with a garage. Updates Galore that include.... NEW interior paint, NEW Kitchen counters, NEW Carpet & Laminate, NEW Landscaping, NEW French Drain, NEW Sliding door to backyard, NEW shades, NEW Lights, NEW Vapor barrier, NEWLY rebuilt steps front and Back, Roof (2020) , HVAC (2018), Hot Water Heater (2017), Refrigerator, washer / dryer and home warranty with acceptable offer! Location, Location, Location... Convenient to Parks, Greenway, NC State, State Farmers Market and minutes to Downtown Raleigh! LIVE THE DREAM! Material Fact: All inspections had been done by previous buyer and we will gladly go over all the findings of the home inspection. appraisal was also done, (however they wouldn't share the appraisal with us).)

Details

Property type

Single Family Residence

Est. home value

$424,758

Lot size

6,969.6 sq ft

Price per sq ft

$238

Year built

1998

Annual property taxes

$3,603.43

Monthly HOA fee

$36.3

Price History

03/15/2025
TriangleMLS

TriangleMLS #10073776

Listed
$425,000
02/24/2025
TriangleMLS

TriangleMLS #10073776

Pending
$425,000
01/31/2025
TriangleMLS

TriangleMLS #10073776

Listed
$425,000
+167.46%

Schools & Community

Neighborhood: 

Southwest Raleigh

Elementary school: 

Wake - Dillard

Middle school: 

Wake - Dillard

High school: 

Wake - Athens Dr

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

$272,022
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$118,978
Cash to seller
$272,022

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

Seller’s Loan History

Lender

Wachovia Mortgage Corp

Loan start date

July 2007

Original loan amount

$188,000

Est. remaining balance

$118,978

Interest rate

6.21%

Loan type

Not Provided, 30 year

Seller

Oliver J Capiz

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: 03/30/2025 at 8:10 PM

Listing updated: 03/24/2025 at 5:21 PM

Listed by: Stephen Hooper, KW Realty Platinum Phone #: (919) 275-5597

MLS: TriangleMLS #10073776

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