tomo logo

$395,900

Beds
3
Baths
2.5
sq ft
2,166

5205 Deep Channel Drive, Raleigh, NC 27616

5205 Deep Channel Drive

Raleigh, NC 27616

  • 3 days on market
Welcome Home! Don't miss this lovely better than new home nestled on one of the best wooded lots in the Riverwalk subdivision, this freshly painted 3-bedroom, 2.5-bath home with 2 car garage back to the Neuse River Water Basin offers breathtaking sunsets and serene river views. With an Open and Bright floor plan, it seamlessly blends modern comfort with everyday convenience. Open-concept living with a spacious family room, a chef-ready kitchen featuring granite countertops, stainless steel appliances, and an oversized island, plus a dining area leading to a gorgeous open view. Luxurious primary suite with a walk-in shower, vanity with granite and walk-in closet & additional secondary bedrooms and a versatile flex space ideal for a home office or entertainment, with direct access to a patio and backyard. The community boasts a playground, pavilion, and walking trails. Conveniently located and just minutes to I-540, RDU, Downtown Raleigh, Triangle Town Center, parks and local amenities. Don't miss this unique home with its priceless views—perfect for modern living!

Details

Property type

Townhouse

Est. home value

$369,845

Lot size

2,613.6 sq ft

Price per sq ft

$183

Year built

2022

Annual property taxes

$3,188.29

Monthly HOA fee

$175

Price History

01/17/2025
TriangleMLS

TriangleMLS #10071484

Listed
$395,900

Schools & Community

Elementary school: 

Wake - Forestville Road

Middle school: 

Wake - Neuse River

High school: 

Wake - Knightdale

Community features: 

Playground

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

$87,166
Asking price
$395,900
Closing costs (~8% of asking)
-$31,672
Est. remaining loan balance
-$277,062
Cash to seller
$87,166

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

August 2022

Original loan amount

$286,425

Est. remaining balance

$277,062

Interest rate

5.7%

Loan type

New Conventional, 30 year

Seller

Kin Ki and Qianqian Guan

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: Active

Tomo last checked: 01/21/2025 at 12:00 AM

Listing updated: 01/19/2025 at 4:45 AM

Listed by: Hannah Chan, Cary-Raleigh Realty, Inc. Phone #: (919) 426-1854

MLS: TriangleMLS #10071484

TriangleMLS logo

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