tomo logo

$665,000

Beds
3
Baths
2.0
sq ft
1,797

408 Latimer Road, Raleigh, NC 27609

408 Latimer Road

Raleigh, NC 27609

  • 47 days on market
    • Price drop $30,000↓
Welcome to this charming split-level home nestled in the Lakemont subdivision of North Hills. This residence gracefully merges mid-century allure with contemporary sophistication, creating an inviting space that effortlessly blends style and comfort. Step inside to a harmonious open-concept kitchen-living area that showcases the home's elegant transformation. The spacious living room, with its rich hardwood floors and crisp, white walls, creates a serene atmosphere. The kitchen has been completely reimagined with top-of-the-line appliances, including a new sleek gas range, microwave, and dishwasher. A large island with storage and seating provides a perfect spot for casual meals or entertaining guests. The upstairs layout includes two generously sized bedrooms, each thoughtfully designed to be both functional and inviting. The star of the show is the upstairs full bathroom, appearing to have been plucked straight from a luxury home magazine. With its new luxury vinyl plank flooring, the lower level of the home offers an additional bedroom and full bathroom. However, the highlight is the cozy living room, ideal for relaxation or movie nights, which opens onto a private backyard oasis. The generous outdoor space features a sizable, relatively flat lawn that provides ample area for play or gardening. The composite deck off the kitchen maintains its appeal at night with the lighted railing, an even better vantage point from which to enjoy this outdoor slice of bliss. This perfect blend of elegance and practicality is ready to welcome its new owners!

Details

Property type

Single Family Residence

Est. home value

$609,107

Lot size

0.28 acres

Price per sq ft

$371

Year built

1962

Annual property taxes

$5,349.31

Price History

09/16/2024
TriangleMLS

TriangleMLS #10044742

Price change
$665,000
-4.32%
08/14/2024
TriangleMLS

TriangleMLS #10044742

Price change
$695,000
-3.34%
08/02/2024
TriangleMLS

TriangleMLS #10044742

Listed
$719,000
+43.83%

Schools & Community

Neighborhood: 

Falls of Neuse

Elementary school: 

Wake - Douglas

Middle school: 

Wake - Carroll

High school: 

Wake - Sanderson

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

$182,508
Asking price
$665,000
Closing costs (~8% of asking)
-$53,200
Est. remaining loan balance
-$429,292
Cash to seller
$182,508

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

November 2021

Original loan amount

$457,750

Est. remaining balance

$429,292

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Brian R Zetocha and Nicole Gonzalez

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: 09/18/2024 at 9:30 PM

Listing updated: 09/16/2024 at 3:20 PM

Listed by: Meghan Hammes, HODGE & KITTRELL SOTHEBYS INTE Phone #: (919) 377-9799

MLS: TriangleMLS #10044742

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