tomo logo

$495,000

Beds
5
Baths
2.0
sq ft
1,803

5125 Kaplan Drive, Raleigh, NC 27606

5125 Kaplan Drive

Raleigh, NC 27606

  • 21 days on market
    • Price drop $25,000↓
Welcome to this rare, mid-century modern gem nestled inside the Beltline on a spacious .31-acre lot. This versatile home can be a 5-bedroom family residence or a 3-bedroom, 1-bathroom upstairs with a 2-bedroom, 1-bathroom in-law suite downstairs, featuring a separate entrance. The large driveway offers ample parking for four cars. The home boasts beautiful hardwoods and tile upstairs, and durable tile floors downstairs. Enjoy the full galley kitchen upstairs and a convenient kitchenette downstairs, perfect for versatile living and entertaining. Both floors feature renovated full bathrooms. Recent updates enhance the home's modern appeal, including a newer roof (2023) and a drainage system leading to a charming rain garden in the backyard. The completely fenced yard offers privacy and security. The large backyard is a true oasis, featuring a 8x10 storage shed and a spacious deck off the upper kitchen, ideal for outdoor gatherings. The garden is adorned with a variety of fruit trees and bushes, including banana, fig, pomegranate, blueberry, raspberry, persimmon, and plum, creating a delightful and productive space. Don't miss out on this rare gem combining mid-century charm with modern updates, conveniently located in the heart of Raleigh.

Details

Property type

Single Family Residence

Est. home value

$467,411

Lot size

0.31 acres

Price per sq ft

$275

Year built

1958

Annual property taxes

$2,951.01

Price History

06/27/2024
TriangleMLS

TriangleMLS #10035517

Price change
$495,000
-4.81%
06/13/2024
TriangleMLS

TriangleMLS #10035517

Listed
$520,000
+44.44%
01/08/2021
TriangleMLS

TriangleMLS #2355295

Sold
$360,000

Schools & Community

Neighborhood: 

West Raleigh

Elementary school: 

Wake - Combs

Middle school: 

Wake - Centennial Campus

High school: 

Wake - Athens Dr

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

$156,426
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$298,974
Cash to seller
$156,426

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

January 2021

Original loan amount

$324,000

Est. remaining balance

$298,974

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Brian Brown

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 11:05 PM

Listing updated: 06/27/2024 at 10:03 PM

Listed by: Glen R Clemmons, Keller Williams Realty Phone #: (919) 676-0600

MLS: TriangleMLS #10035517

TriangleMLS logo

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