tomo logo

$499,000

Beds
3
Baths
2.0
sq ft
1,555

412 Lynchester Court, Raleigh, NC 27615

412 Lynchester Court

Raleigh, NC 27615

  • Pending
Beautiful Midtown Ranch on a Quiet Cul-de-Sac. This 3-bedroom, 2-bathroom ranch offers modern updates and classic charm. Inside, cohesive updated flooring throughout. One think you're sure to notice... no popcorn ceilings! The spacious kitchen features updated cabinetry, granite countertops, stainless steel appliances, a tile backsplash, and a farmhouse sink, seamlessly flowing into a bright breakfast nook and a large family room with vaulted ceilings, with exposed wood beams. A recently updated bathroom and a 2021 HVAC system provide contemporary comfort. Outside, a screened porch and deck overlook a beautiful backyard, complemented by a detached shed/workshop for extra storage or hobby space. This home's prime location offers close proximity to North Ridge Country Club and the esteemed Ravenscroft School. For shopping, dining, and entertainment, North Hills is just a short drive away, offering a variety of retail stores, restaurants, and cultural events. Outdoor enthusiasts will appreciate the nearby Cedar Hills Park, known for its scenic beauty and recreational facilities, perfect for various activities. Combining modern updates with classic charm, this home is situated within a vibrant community that offers a blend of recreational, educational, and dining options, making it an ideal choice for those seeking both comfort and convenience.

Details

Property type

Single Family Residence

Est. home value

$446,720

Lot size

0.28 acres

Price per sq ft

$321

Year built

1976

Annual property taxes

$3,469.81

Price History

03/25/2025
TriangleMLS

TriangleMLS #10084147

Pending
$499,000
03/22/2025
TriangleMLS

TriangleMLS #10084147

Listed
$499,000
+70.89%
03/27/2019
TriangleMLS

TriangleMLS #2238054

Sold
$292,000
+46%

Schools & Community

Neighborhood: 

North Raleigh

Elementary school: 

Wake - North Ridge

Middle school: 

Wake - West Millbrook

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

$200,225
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$258,855
Cash to seller
$200,225

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

June 2021

Original loan amount

$281,500

Est. remaining balance

$258,855

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Nicholas Alexander Ogeary and Emily Chase Stroud

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: 03/27/2025 at 8:10 PM

Listing updated: 03/25/2025 at 5:22 PM

Listed by: Dale Moody, Cornerstone Properties Phone #: (919) 341-9594

MLS: TriangleMLS #10084147

TriangleMLS logo

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