tomo logo

$360,000

Beds
3
Baths
2.5
sq ft
1,561

3905 Joe And Ruth Lee Drive, Raleigh, NC 27610

3905 Joe And Ruth Lee Drive

Raleigh, NC 27610

  • <1 day on market
    • Open house Apr 05
Welcome Home! This well maintained home will not last long. Built in 2006, this property offers an open concept with three bedrooms and two and a half baths. The furnace and HVAC were replaced in 2024. The water heater has a new expansion tank and a new T&P Valve. The back yard features a storage shed and a fully fenced in back yard. Washer, Dryer, & Refrigerator convey. Convenient to multiple interstates, Downtown Raleigh, North Hills, Shopping, Restaurants, entertainment & more!

Details

Property type

Single Family Residence

Est. home value

$331,350

Lot size

6,534 sq ft

Price per sq ft

$231

Year built

2006

Annual property taxes

$3,073.38

Monthly HOA fee

$4.58

Price History

04/02/2025
TriangleMLS

TriangleMLS #10086455

Listed
$360,000
+9.09%
03/09/2022
TriangleMLS

TriangleMLS #2429422

Sold
$330,000
+24.53%
10/22/2021
TriangleMLS

TriangleMLS #2410492

Sold
$265,000
+92.03%

Schools & Community

Neighborhood: 

Southeast Raleigh

Elementary school: 

Wake - Rogers Lane

Middle school: 

Wake - Carnage

High school: 

Wake - South Garner

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

$30,909
Asking price
$360,000
Closing costs (~8% of asking)
-$28,800
Est. remaining loan balance
-$300,291
Cash to seller
$30,909

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

Seller’s Loan History

Lender

Panorama Mortgage Group Llc

Loan start date

March 2022

Original loan amount

$320,100

Est. remaining balance

$300,291

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Erin Alemdar

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?

Status: Active

Tomo last checked: 04/03/2025 at 3:05 PM

Listing updated: 04/03/2025 at 1:36 PM

Listed by: Alayna Nye, Northside Realty Inc. Phone #: (919) 784-0101

MLS: TriangleMLS #10086455

TriangleMLS logo

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