tomo logo

$299,500

Beds
3
Baths
2.0
sq ft
1,295

5366 Patuxent Drive, Raleigh, NC 27616

5366 Patuxent Drive

Raleigh, NC 27616

  • <1 day on market
    • Open house Jan 26
Beautifully updated END-UNIT townhome with a hard to find1st-floor Owner's Suite! This charming home offers an open floorplan with high ceilings, a cozy corner gas fireplace, bamboo floors, Stainless Steel appliances, and an abundance of natural light. The kitchen boasts generous counter & cabinet space, a pantry closet and a seating counter for bar stools that overlooks the Vaulted Dining and Family rooms! The MAIN FLOOR Owner's Suite features 2 LARGE walk-in closets, built in linen storage shelves, and a stunning renovated bathroom with an oversized tiled shower. Upstairs, you'll find two additional bedrooms and a full bathroom. Enjoy your private tree lined back and side yard! Large patio with vinyl privacy screen and spacious storage closet. This adorable home is Conveniently located Walking distance to WRAL Soccer Park and the Neuse River walking trail! It has easy access to I-540, major highways, great shopping, and dining. Don't miss out on this gem-schedule your showing today!

Details

Property type

Townhouse

Est. home value

$281,195

Lot size

2,613.6 sq ft

Price per sq ft

$232

Year built

2002

Annual property taxes

$2,409.64

Monthly HOA fee

$155

Price History

01/22/2025
TriangleMLS

TriangleMLS #10072086

Listed
$299,500
+34.91%
06/09/2021
TriangleMLS

TriangleMLS #2378108

Sold
$222,000
+22.65%
09/19/2019
TriangleMLS

TriangleMLS #2273130

Sold
$181,000
+56.17%

Schools & Community

Neighborhood: 

Northeast Raleigh

Elementary school: 

Wake - Wildwood Forest

Middle school: 

Wake - Wake Forest

High school: 

Wake - Wakefield

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

$89,713
Asking price
$299,500
Closing costs (~8% of asking)
-$23,960
Est. remaining loan balance
-$185,827
Cash to seller
$89,713

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

June 2021

Original loan amount

$201,400

Est. remaining balance

$185,827

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Kenneth M Flores Garcia

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: 01/22/2025 at 1:00 PM

Listing updated: 01/22/2025 at 10:35 AM

Listed by: Kathy Suzanne Bennett, Raleigh Realty Inc. Phone #: (919) 249-8536

MLS: TriangleMLS #10072086

TriangleMLS logo

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