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$992,744Estimated home value

Beds
5
Baths
3.5
sq ft
4,046

3304 Magical Place, Raleigh, NC 27614

3304 Magical Place

Raleigh, NC 27614

  • Sold On 10/21/2024
IMMACULATE, move-in ready Magical Place in coveted Bedford Estates. Southern charm meets modern functionality in N. Raleigh's storybook Bedford @ Falls River. This elegant, custom beauty checks ALL the boxes for creating new memories! Vibrant, welcoming indoor and outdoor living space includes: Main level luxurious primary retreat, plus 2nd level primary bedrm-perfect for teens or multi-generational living. Chef's kitchen with quartz countertops & huge island, SS appliances, gas range, dble ovens, two pantries. Cozy gathering area leads to private screened-in porch with stone FP & deck. Large outdoor covered oasis with built-in entertaining area is a must see! 2nd lvl has 3 add'l spacious bedrms + 2 full baths w dbl vanities. Sun-filled craft/flex room with lrge work space, wine fridge & storage galore! Large 5th BR could easily be used as an add'l flex space. Fenced-in yard surrounds the garden and tucked away potting shed. Roof (2021), HVAC units (2019),Tankless water heater (2024),2nd lvl Furnace (2022),Fence (2024) Welcome Home!!

Details

Property type

Single Family Residence

Est. home value

$992,744

Lot size

0.34 acres

Price per sq ft

$291

Year built

2005

Annual property taxes

$8,730.19

Monthly HOA fee

$82

Price History

10/21/2024
TriangleMLS

TriangleMLS #10050018

Sold
$1,175,000
09/15/2024
TriangleMLS

TriangleMLS #10050018

Pending
$1,175,000
08/30/2024
TriangleMLS

TriangleMLS #10050018

Listed
$1,175,000
+97.48%

Schools & Community

Neighborhood: 

North Raleigh

Elementary school: 

Wake - Abbotts Creek

Middle school: 

Wake - Wakefield

High school: 

Wake - Wakefield

Community features: 

Clubhouse, Playground, Pool, Restaurant, Sidewalks, Street Lights, Tennis Court(s)

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

$672,053
Asking price
$1,175,000
Closing costs (~8% of asking)
-$94,000
Est. remaining loan balance
-$408,947
Cash to seller
$672,053

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

November 2017

Original loan amount

$476,000

Est. remaining balance

$408,947

Interest rate

3.83%

Loan type

New Conventional, 30 year

Seller

Charles Burke Cowley and Nahida P Cowley

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: Off Market

Tomo last checked: 11/08/2024 at 6:20 AM

Listing updated: 10/21/2024 at 6:00 PM

Listed by: Ginger Jenkins, Allen Tate/Raleigh-Falls Neuse Phone #: (919) 866-4600

MLS: TriangleMLS #10050018

TriangleMLS logo

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