tomo logo

$509,000

Beds
3
Baths
2.0
sq ft
1,801

401 Fletcher Drive, Raleigh, NC 27603

401 Fletcher Drive

Raleigh, NC 27603

  • Coming soon
Step into your own private oasis with this stunning, all-brick ranch home nestled on a corner lot with a fully fenced yard. The meticulously landscaped yard boasts a captivating water feature, a covered patio for al fresco dining, and deck perfect for entertaining. Charming new front patio welcomes you in and sets the stage for the updates that lie within. Roof was replaced in 2020, HVAC 2019, Water heater 2021, Windows updated, Vapor barrier 2023, Owners suite bath and Kitchen renovated, added granite, stainless steel appliances, electric cooktop, new deck. Situated on just under half an acre, this home offers the ideal balance of space and convenience, with downtown Raleigh a mere 5 minutes away. The list of upgrades is extensive, and a detailed inventory can be found in the document center for your perusal. Don't miss the opportunity to make this dream home yours - schedule a showing today.

Details

Property type

Single Family Residence

Est. home value

$438,290

Property condition

Updated/Remodeled

Lot size

0.46 acres

Price per sq ft

$283

Year built

1962

Annual property taxes

$3,805.39

Monthly HOA fee

$2.08

Price History

10/01/2024
TriangleMLS

TriangleMLS #10050203

Removed
$518,000
09/05/2024
TriangleMLS

TriangleMLS #10050203

Price change
$518,000
-1.33%
09/02/2024
TriangleMLS

TriangleMLS #10050203

Listed
$525,000

Schools & Community

Elementary school: 

Wake - Smith

Middle school: 

Wake - North Garner

High school: 

Wake - Garner

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

Homebridge Financial Services Inc

Loan start date

December 2021

Original loan amount

$585,000

Est. remaining balance

Not provided

Interest rate

2.64%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 87 year

Seller

Wayne B Capps and The Wayne B Capps Trust

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: Coming Soon

Tomo last checked: 03/27/2025 at 7:45 PM

Listing updated: 03/24/2025 at 5:22 PM

Listed by: Dana Ellington, Compass -- Raleigh Phone #: (919) 726-6548

MLS: TriangleMLS #10083986

TriangleMLS logo

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