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$385,000

Beds
4
Baths
2.5
sq ft
2,055

5313 Tifton Drive, Raleigh, NC 27610

5313 Tifton Drive

Raleigh, NC 27610

  • 2 days on market
Welcome to spacious living in the established Village Lakes subdivision! Expansive 2000+ sq ft home offering 4 bedrooms, 2.5 bath plus main level office/ flex space. High ceilings, hardwood floors, granite counters and more. Large master suite with vaulted ceilings, double vanity, soaking tub and massive walk-in closet. Nice fenced in backyard, perfect for entertaining and/ or relaxing. Enjoy the community's amenities which include a tennis court, swimming pool, and greenway trails with a lake view. Conveniently located minutes from Downtown Raleigh, shopping, healthcare, highways, and more! Seller is offering $5k credit towards buyer's costs with accepted offer.

Details

Property type

Single Family Residence

Est. home value

$369,086

Lot size

8,712 sq ft

Price per sq ft

$188

Year built

1994

Annual property taxes

$2,446.3

Monthly HOA fee

$59.67

Price History

06/28/2024
TriangleMLS

TriangleMLS #10038478

Listed
$385,000
+57.14%
10/23/2020
TriangleMLS

TriangleMLS #2343406

Sold
$245,000
+41.62%
07/31/2015
TriangleMLS

TriangleMLS #2016268

Sold
$173,000

Schools & Community

Neighborhood: 

Southeast Raleigh

Elementary school: 

Wake - Rogers Lane

Middle school: 

Wake - River Bend

High school: 

Wake - S E Raleigh

Community features: 

Clubhouse, Lake, Playground, Pool, Street Lights, Tennis Court(s)

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

$133,019
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$221,181
Cash to seller
$133,019

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

Seller’s Loan History

Lender

Magnolia Bank

Loan start date

October 2020

Original loan amount

$240,562

Est. remaining balance

$221,181

Interest rate

2.93%

Loan type

FHA, 30 year

Seller

Wilbert Lucas Iii and Antonia Mason

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: 06/30/2024 at 10:45 PM

Listing updated: 06/30/2024 at 10:03 PM

Listed by: Faysal Walit Merhi, Costello Real Estate & Investm Phone #: (980) 938-8920

MLS: TriangleMLS #10038478

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