tomo logo

$1,250,000

Beds
5
Baths
7.0
sq ft
6,224

400 Tharps Lane, Raleigh, NC 27614

400 Tharps Lane

Raleigh, NC 27614

  • Pending
An invitation to traditional, splendid grandeur starts from the moment you pull down the cherry blossom lined drive of 400 Tharps Lane. Set on an expansive and highly coveted corner lot in the prestigious, serene Swan's Mill neighborhood of North Raleigh, this estate-like, optional 6-bedroom property offers a generous canvas of opportunity throughout every square foot. Emerging from the alluring circular drive and stepping through the front door, you are immediately ensconced in the home's incredible ceiling heights, which carry on throughout the entirety of the property. Turn left and you'll find a spacious reception room with hardwood floors, which then flows into a first-floor bedroom perfectly convertible for a secondary primary suite. A strategic renovation made by the current owners allows for you to meld from the reception room into the open-plan kitchen, which features stainless steel appliances, a plethora of cabinetry and an inviting, granite-topped island. The kitchen combines with a cavernous family room that boasts nearly floor-to-ceiling windows allowing for an abundance of natural light and a wood-burning fireplace adding the unmistakable allure of coziness. The sprawling first floor continues with an expansive mud room, oversized two-car garage with workshop space capability, easily accessible laundry room, and a unique fitness studio grounded for all functional needs. Take either of the two staircases upstairs where the opportunity for creativity continues with a grand primary suite inclusive an impressive closet, and a unique attached sitting room / office space customizable for your family's needs. The floor's three additional bedrooms offer endless space and storage within each, as well as accompanying bathrooms in the form of ensuites and hall-access. The gem of the second floor comes to life in the colossal bonus room, a distinctive space complete with modern built-ins and a malleable layout perfect for designing your ideal usage. The residence is capped by a third-floor hideaway and accompanying bathroom, creating the optionality for an additional bedroom or ideal for a larger office space. Copious amounts of storage abound across the upper levels and an unfinished attic space. Pivoting to the exterior, this established abode is equipped with a breathtaking, flat, and private backyard prime for a pool or any other outdoor activities which is overlooked by an idyllic screened-in porch and multi-layer deck. This brick property is also pleasantly positioned within walking distance to the community pool, tennis courts and the calming Swan's Mill pond. Beneath the surface, this home has been lovingly cared for with endless ''behind the scenes'' improvements, offering peace of mind to any future owners. Not merely a residence, 400 Tharps Lane is a captivating, majestic home in one of the most manicured neighborhoods in North Raleigh, and it is ready for its next composition.

Details

Property type

Single Family Residence

Est. home value

$1,315,970

Lot size

1.85 acres

Price per sq ft

$201

Year built

1993

Annual property taxes

$6,924.36

Monthly HOA fee

$150

Price History

03/13/2025
TriangleMLS

TriangleMLS #10081729

Pending
$1,250,000
03/12/2025
TriangleMLS

TriangleMLS #10081729

Listed
$1,250,000
+85.39%
06/12/2015
TriangleMLS

TriangleMLS #1984112

Sold
$674,250

Schools & Community

Elementary school: 

Wake - Brassfield

Middle school: 

Wake - West Millbrook

High school: 

Wake - Millbrook

Community features: 

Pool, Street Lights, Tennis Court(s)

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

Navy Fcu

Loan start date

September 2023

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

6.9%

Loan type

Credit Line (Revolving), 40 year

Seller

Michael S Mccann and Karen E Mccann

Lender

Intercoastal Mortgage

Loan start date

July 2020

Original loan amount

$495,000

Est. remaining balance

$445,797

Interest rate

3.24%

Loan type

New Conventional, 30 year

Seller

Michael S Mccann and Karen E Mccann

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: Pending/Under Contract

Tomo last checked: 03/13/2025 at 11:00 PM

Listing updated: 03/13/2025 at 9:30 PM

Listed by: Tom Staff, Hodge & Kittrell Sotheby's Int Phone #: (919) 876-7411

MLS: TriangleMLS #10081729

TriangleMLS logo

Recently listed in Raleigh

$349,900|3 bd|2.5 ba|Townhouse
$349,900|3 bd|2.5 ba|House
$330,000|2 bd|2.5 ba|Townhouse
$949,995|4 bd|2.5 ba|House
$485,000|4 bd|2.5 ba|House
$300,000|3 bd|2.5 ba|Townhouse
$329,900|2 bd|1.0 ba|House