tomo logo

$365,000

Beds
3
Baths
1.5
sq ft
1,859

3416 Oates Drive, Raleigh, NC 27604

3416 Oates Drive

Raleigh, NC 27604

  • 11 days on market
Looking for an affordable home with plenty of potential in Raleigh, North Carolina? This charming 1962 split-level home, located on a DEAD END street, offers a spacious lot, great privacy, and the opportunity for passive income. With 3 bedrooms, 2 bathrooms, and a huge basement with its own private entrance, this home provides ample room for everyone. Plus, there's NO HOA, so you can enjoy more freedom and flexibility! The basement can serve as an additional family space or be converted into a one-bedroom rental for extra income. Need space for multiple vehicles, a boat, or an RV? This property has you covered! There's even room to house chickens in the chicken coop attached to the shed. Step inside to an open and bright floor plan that's perfect for daily living and entertaining. The spacious living room flows into the dining area and a private kitchen, which overlooks the backyard and provides easy access to the deck - ideal for barbecues and gatherings. If you prefer a more relaxed vibe, enjoy the screened porch for covered dining or watching the game in the fresh air. This home features freshly painted black kitchen cabinets, white-painted interior walls, exterior black shutters and black front door, giving it a modern touch with plenty of character. The primary suite is a peaceful retreat, and two additional bedrooms offer great space for guests, a home office, or hobbies. Enjoy morning coffee or evening tea on the cozy screened porch, a perfect spot for year-round relaxation. Additional features include a four-car carport, a well-equipped laundry room, and a location just 6 miles from downtown Raleigh, 4 miles from Duke Raleigh Hospital, 12 miles from Lenovo Center, and 15 miles from Cary, NC. Plus, the septic tank was pumped last month, giving you peace of mind. This home has it all - don't miss the chance to make it yours!

Details

Property type

Single Family Residence

Est. home value

$346,851

Lot size

0.46 acres

Price per sq ft

$197

Year built

1962

Annual property taxes

$3,057.14

Price History

02/11/2025
TriangleMLS

TriangleMLS #10075819

Listed
$365,000
01/10/2025
TriangleMLS

TriangleMLS #10062375

Removed
$365,000
12/02/2024
TriangleMLS

TriangleMLS #10062375

Price change
$365,000
-2.67%

Schools & Community

Neighborhood: 

Northeast Raleigh

Elementary school: 

Wake - Wilburn

Middle school: 

Wake - Durant

High school: 

Wake - Heritage

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

Local Government Fcu

Loan start date

June 2023

Original loan amount

$45,000

Est. remaining balance

Not provided

Interest rate

6.39%

Loan type

Credit Line (Revolving)

Seller

Ben P Trevathan Jr and Holly M Trevathan

Lender

Local Government Fcu

Loan start date

August 2021

Original loan amount

$244,000

Est. remaining balance

$225,539

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Ben P Trevathan Jr

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?

Similar Homes Nearby

TriangleMLS
$385,000
3 bd
|
2 ba
|
1,789 sq ft
|
House

4308 Tipperary Drive, Raleigh, NC 27604

New
TriangleMLS
$335,000
3 bd
|
2 ba
|
1,476 sq ft
|
House

1721 Kingston Heath Way, Raleigh, NC 27604

TriangleMLS
$374,900
3 bd
|
2 ba
|
1,180 sq ft
|
House

2504 Glascock Street, Raleigh, NC 27610

Status: Active

Tomo last checked: 02/22/2025 at 3:55 PM

Listing updated: 02/18/2025 at 10:01 AM

Listed by: Angie Howe, Choice Residential Real Estate Phone #: (919) 720-4991

MLS: TriangleMLS #10075819

TriangleMLS logo

Recently listed in Raleigh

$330,000|2 bd|2.5 ba|Townhouse
$1,750,000|5 bd|4.5 ba|House
$425,000|4 bd|2.0 ba|House
$350,000|3 bd|2.5 ba|House
$285,000|2 bd|2.0 ba|Condo
$239,000|2 bd|1.5 ba|Townhouse