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$255,000

Beds
3
Baths
2.5
sq ft
1,922

5324 Rock Quarry Road, Raleigh, NC 27610

5324 Rock Quarry Road

Raleigh, NC 27610

  • 2 days on market
Great investment opportunity as this home offers a lot of square footage as an excellent rental property on a big lot size for future development in higher density as zoned R-10. This property has been used as a rental and received $2,500 in rents - it can be converted to a duplex and receive more in rents. It offers a private setting and a large lot size. Crawspace is big in size offering additional storage. This location is about (15) minutes to downtown Raleigh. ''Builders and developers, take notice this lot location is zoned R-10 allowing for future development of higher density.''

Details

Property type

Single Family Residence

Est. home value

$231,700

Lot size

0.92 acres

Price per sq ft

$133

Year built

1951

Annual property taxes

$1,307

Price History

04/01/2025
TriangleMLS

TriangleMLS #10085990

Listed
$255,000
03/31/2025
TriangleMLS

TriangleMLS #10071517

Removed
$255,000
03/24/2025
TriangleMLS

TriangleMLS #10071517

Price change
$255,000
-3.77%

Schools & Community

Elementary school: 

Wake - East Garner

Middle school: 

Wake - West Lake

High school: 

Wake - Garner

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

$197,139
Asking price
$255,000
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$37,461
Cash to seller
$197,139

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

Seller’s Loan History

Lender

Wachovia Bank Na

Loan start date

November 2006

Original loan amount

$61,154

Est. remaining balance

$37,461

Interest rate

6.3%

Loan type

Not Provided, 30 year

Seller

Nancy N Patton

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: 04/04/2025 at 5:20 AM

Listing updated: 04/01/2025 at 8:12 PM

Listed by: Brent Henson, Compass -- Raleigh Phone #: (919) 726-6548

MLS: TriangleMLS #10085990

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