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$365,000

Beds
3
Baths
1.5
sq ft
1,728

3416 Oates Drive, Raleigh, NC 27604

3416 Oates Drive

Raleigh, NC 27604

  • 43 days on market
    • Price drop $10,000↓
1962 split-level home nestled on nearly half an acre in a quiet, dead-end street in Raleigh. With a desirable 3-bedroom, 1.5-bath layout, this home is filled with natural light from large windows that overlook an expansive front yard. The main floor features a spacious family room, a private dining area, and a kitchen with freshly painted cabinets that opens directly to the deck and patio, perfect for outdoor entertaining in the private, fenced backyard. Hardwood floors run throughout all three bedrooms and the hallways, adding timeless appeal. The partially finished walk out basement, provides flexible space that could serve as a rental, game room, or craft room. Additional features include two large utility rooms for ample storage and an outbuilding for storage or even a small chicken coop. This home's floor plan and location are ideal—just minutes from shopping, dining, I-440, and downtown Raleigh.

Details

Property type

Single Family Residence

Est. home value

$346,851

Lot size

0.46 acres

Price per sq ft

$212

Year built

1962

Annual property taxes

$3,057

Price History

12/02/2024
TriangleMLS

TriangleMLS #10062375

Price change
$365,000
-2.67%
11/08/2024
TriangleMLS

TriangleMLS #10062375

Listed
$375,000

Schools & Community

Neighborhood: 

Northeast Raleigh

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

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

$226,463

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?

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Status: Active

Tomo last checked: 12/22/2024 at 12:05 AM

Listing updated: 12/21/2024 at 8:40 AM

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

MLS: TriangleMLS #10062375

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