tomo logo

$1,000,000

Beds
4
Baths
3.5
sq ft
4,219

5300 Grand Gate Drive, Raleigh, NC 27613

5300 Grand Gate Drive

Raleigh, NC 27613

  • 26 days on market
    • Price drop $100,000↓
Stunning custom 3 sided brick 4 bed 3.5 bath home in prime North Raleigh location nestled on nearly 1 acre lot. Gated community. Reclaimed heart pine floors throughout 1st floor. Extensive millwork. Fresh interior paint. Spacious family room features cathedral ceiling & gas log fireplace with stone surround. Formal dining includes trey ceiling, wainscoting & built-in shelving. Renovated kitchen offers granite countertops, custom cabinets, stainless steel appliances (double oven), center island & tile backsplash. 1st floor primary suite has renovated bathroom including oversized tile shower, whirlpool tub, quartz top dual vanities & walk in closet. 2 additional bedrooms on 1st floor. Upstairs boasts a large bonus room, office/ flex room & rec room with adjoining bedroom. Hardwood floors throughout most of 2nd floor. Screen porch + generous deck overlook beautiful, fenced backyard. Expansive 2 car garage with epoxy floor + additional detached, conditioned garage/workshop. New tankless water heater 2024. Newer 2nd floor HVAC.

Details

Property type

Single Family Residence

Est. home value

$984,901

Lot size

0.94 acres

Price per sq ft

$238

Year built

2004

Annual property taxes

$5,446.3

Monthly HOA fee

$83.33

Price History

03/21/2025
TriangleMLS

TriangleMLS #10080170

Price change
$1,000,000
-9.09%
03/05/2025
TriangleMLS

TriangleMLS #10080170

Listed
$1,100,000
+96.43%
12/20/2005
TriangleMLS

TriangleMLS #787800

Sold
$560,000

Schools & Community

Elementary school: 

Wake - Barton Pond

Middle school: 

Wake - West Millbrook

High school: 

Wake - Leesville Road

Community features: 

Gated

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

Fidelity Bank

Loan start date

July 2005

Original loan amount

$112,500

Est. remaining balance

$0

Interest rate

5.2%

Loan type

Not Provided, 10 year

Seller

Jw Nichols Builders Inc

Lender

Fidelity Bank

Loan start date

July 2005

Original loan amount

$112,000

Est. remaining balance

Not provided

Interest rate

5.2%

Loan type

Credit Line (Revolving), 10 year

Seller

Jw Nichols Builders Inc

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: 04/01/2025 at 1:50 PM

Listing updated: 03/21/2025 at 9:26 PM

Listed by: David Wilson, Carolina's Choice Real Estate Phone #: (919) 788-9525

MLS: TriangleMLS #10080170

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