tomo logo

$568,000

Beds
4
Baths
2.5
sq ft
2,505

5025 Hollyridge Drive, Raleigh, NC 27612

5025 Hollyridge Drive

Raleigh, NC 27612

  • 120 days on market
    • Price drop $2,000↓
Motivated Seller! Offering $5,000 in closing costs with acceptable offer. Situated in the heart of Raleigh's coveted Oak Park neighborhood, this home offers a serene and quaint setting with close proximity to all the amenities Raleigh has to offer. Enjoy easy access to 40/440/540, shopping, dining, and entertainment. Hardwood floors flow throughout the living spaces creating a warm and inviting ambiance. Brimming with character and charm, the formal Living Room, Dining Room, and Family Room with masonry fireplace are perfect for entertaining. The beautifully updated white cabinet Kitchen features Quartz counters, new SS appliances, and center island with bar seating. New scratch-resistant flooring has been installed in the entry, Kitchen, and Dining Room. Spacious bedrooms, fresh interior paint in select rooms, new Anderson black windows throughout the home, screened patio, and much more!

Details

Property type

Single Family Residence

Est. home value

$570,625

Property condition

Updated/Remodeled

Lot size

0.34 acres

Price per sq ft

$227

Year built

1965

Annual property taxes

$3,741

Price History

06/22/2024
TriangleMLS

TriangleMLS #10015357

Price change
$568,000
-0.35%
06/18/2024
TriangleMLS

TriangleMLS #10015357

Listed
$570,000
06/17/2024
TriangleMLS

TriangleMLS #10015357

Removed
$570,000

Schools & Community

Neighborhood: 

Northwest Raleigh

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

High school district: 

Wake County Schools

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

$32,711
Asking price
$568,000
Closing costs (~8% of asking)
-$45,440
Est. remaining loan balance
-$489,849
Cash to seller
$32,711

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

Seller’s Loan History

Lender

Prosperity Home Mortgage Llc

Loan start date

February 2022

Original loan amount

$515,000

Est. remaining balance

$489,849

Interest rate

3.11%

Loan type

VA, 30 year

Seller

Michael A Kirkland and Amy Duffy

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: 07/04/2024 at 11:35 PM

Listing updated: 06/22/2024 at 9:39 PM

Listed by: Angie M Cole, LPT Realty LLC Phone #: (919) 414-1989

MLS: TriangleMLS #10015357

TriangleMLS logo

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