tomo logo

$499,900

Beds
3
Baths
2.5
sq ft
1,800

5317 Cypress Lane, Raleigh, NC 27609

5317 Cypress Lane

Raleigh, NC 27609

  • 26 days on market
    • Price drop $20,000↓
Stunningly renovated and move-in ready, this immaculate Midtown home is located only 7 minutes to North Hills/Midtown Park, 14 minutes to Downtown Raleigh, 22 minutes to RDU airport, and is walking distance to Quail Corners Shopping Center and Raleigh Racquet Club! Step inside to an expansive open floor plan, bathed in natural light. The beautifully renovated kitchen boasts a spacious layout perfect for modern living and effortless entertaining. Chef inspired pre-rinse faucet, stainless steel Samsung appliances, quartz counters, range hood, oversized butcher's block Island, french door refrigerator, and recessed lighting! The primary suite is a true retreat, featuring an enormous spa-like bathroom with double vanities and walk-in closet. 2-car garage, extra parking, flat lot, and NEW ROOF! Outdoor living is a dream with an oversized fenced yard, spacious deck and screened-in gazebo. Yards with this much privacy are becoming increasingly rare to find, adding even more value to this exceptional home!

Details

Property type

Single Family Residence

Est. home value

$534,005

Property condition

Updated/Remodeled

Lot size

0.45 acres

Price per sq ft

$278

Year built

1969

Annual property taxes

$4,239

Price History

10/18/2024
TriangleMLS

TriangleMLS #10057401

Price change
$499,900
-3.85%
10/10/2024
TriangleMLS

TriangleMLS #10057401

Listed
$519,900
+78.05%
02/02/2017
TriangleMLS

TriangleMLS #2089086

Sold
$292,000
+35.81%

Schools & Community

Neighborhood: 

North Raleigh

Elementary school: 

Wake - Millbrook

Middle school: 

Wake - East Millbrook

High school: 

Wake - Millbrook

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

Amerisave Mortgage Corp

Loan start date

December 2020

Original loan amount

$250,000

Est. remaining balance

$228,010

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Sean Olson and Jessica Kiernan

Lender

Wells Fargo Bank Na

Loan start date

February 2017

Original loan amount

$262,800

Est. remaining balance

$222,500

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Sean Olson and Jessica Kiernan

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: 11/05/2024 at 11:25 AM

Listing updated: 11/04/2024 at 12:50 PM

Listed by: Carson Cobb, RE/MAX United Phone #: (919) 518-8100

MLS: TriangleMLS #10057401

TriangleMLS logo

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