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$264,000

Beds
3
Baths
2.5
sq ft
1,492

5264 Patuxent Drive, Raleigh, NC 27616

5264 Patuxent Drive

Raleigh, NC 27616

  • 27 days on market
    • Price drop $10,000↓
SELLER MOTIVATED! GREAT PRICE ADJUSTMENT ON THIS AWESOME 3 BEDRM - 2.5 BATHS TOWNHOME IN DESIRABLE SOUGHT-AFTER LOCATION WITH WALKING DISTANCE TO WRAL SOCCER PARK, CONVENIENT TO THE NEUSE RIVER TRAILS AND CITY AMENITIES. THIS TOWNHOME FEATURES THE LOVELY SPACIOUS FORMAL DINING RM TO ENJOY FAMILY/FRIENDS DINNERS and ESPECIALLY TO SHARE DURING THOSE SPECIAL HOLIDAYS. THE NICE PANTRY AND THE KITCHEN WITH THE BRAND-NEW ELECTRIC SMOOTH TOP RANGE-SELF CLEANING OVEN, MICROWAVE, DISHWASHER, REFRIGERATOR AND DISPOSAL-OPENS TO THE HUGE FAMILY ROOM-GREAT FOR ENTERTAINING. NICE NATURAL LIGHT, 9' CEILINGS, LAMINATE VINYL FLOORS IN ENTRY FOYER, FORMAL DINING RM, and POWDER RM ARE ATTRACTIVE ACCENTS. THE TOP OF LINE WASHER & DRYER CONVEY AND LOCATED IN THE LAUNDRY RM ON THE MAIN FLOOR. THE SECOND FLOOR OFFERS A PRIMARY BEDROOM WITH VAULTED CEILING, WIC AND BATH WITH WALK IN SHOWER PLUS TWO NICE SIZE 2ND AND 3RD BEDROOMS WITH GUEST BATH INCLUDING A BATHTUB. WINDOW COVERINGS CONVEY. TWO ASSIGNED PARKING SPACES. CHEST FREEZER DOES NOT CONVEY. THIS WOULD BE A WONDERFUL PLACE PROUD TO OWN AND CALL HOME. CREATE MEMORIES HERE. PLEASE NOTE: MEASUREMENTS INCLUDING FLOORPLAN BY MCNAMERA APPRAISERS.

Details

Property type

Townhouse

Est. home value

$275,953

Lot size

1,742.4 sq ft

Price per sq ft

$177

Year built

2001

Annual property taxes

$2,475.41

Monthly HOA fee

$155

Price History

03/29/2025
TriangleMLS

TriangleMLS #10079776

Price change
$264,000
-3.65%
03/18/2025
TriangleMLS

TriangleMLS #10079776

Price change
$274,000
-1.08%
03/03/2025
TriangleMLS

TriangleMLS #10079776

Listed
$277,000
+73.13%

Schools & Community

Neighborhood: 

Northeast Raleigh

Elementary school: 

Wake - Wildwood Forest

Middle school: 

Wake - Wake Forest

High school: 

Wake - Wakefield

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Quicken Loans Inc

Loan start date

May 2020

Original loan amount

$166,616

Est. remaining balance

$149,645

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Momodou Malick Gaye and Bella Secka

Lender

United Wholesale Mortgage

Loan start date

May 2019

Original loan amount

$161,275

Est. remaining balance

$143,205

Interest rate

4.08%

Loan type

New Conventional, 30 year

Seller

Momodou Malick Gaye

Lender

United Wholesale Mortgage

Loan start date

July 2018

Original loan amount

$155,200

Est. remaining balance

$136,618

Interest rate

4.66%

Loan type

New Conventional, 30 year

Seller

Momodou Malick Gaye

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: 03/30/2025 at 8:40 PM

Listing updated: 03/29/2025 at 12:06 PM

Listed by: Sandra Jean LaBarbera, RE/MAX United Phone #: (919) 518-8100

MLS: TriangleMLS #10079776

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