tomo logo

$465,000

Beds
3
Baths
2.5
sq ft
1,862

5408 Fairmead Circle, Raleigh, NC 27613

5408 Fairmead Circle

Raleigh, NC 27613

  • 4 days on market
Situated in an ideal Raleigh location close to everything one could need, this charming residence is completely move-in ready. Featuring a functional floor plan, a first floor owner's suite and a long list of upgrades, this home truly has it all. The vaulted ceiling in the family room makes it feel open and bright. Upstairs, you will find two additional bedrooms with a Jack and Jill-style bathroom and spacious closets. Enjoy entertaining on the back deck overlooking the flat, fenced-in backyard. Recent major exterior upgrades in 2023 enhance the home's curb appeal and durability, including significant siding replacement, a brand new roof, new gutters, shutters and fresh exterior paint. Inside, the owner's suite has undergone a complete renovation, now boasting a spa-like bathroom equipped with a soaker tub and a walk-in shower, along with new built-ins in the walk-in closet. Located in close proximity to RDU Airport, RTP, Brier Creek, and I-70, this home is ready for its next owners.

Details

Property type

Single Family Residence

Est. home value

$445,663

Lot size

0.24 acres

Price per sq ft

$250

Year built

1987

Annual property taxes

$4,155.01

Monthly HOA fee

$22

Price History

10/31/2024
TriangleMLS

TriangleMLS #10061068

Listed
$465,000
+76.39%
04/23/2019
TriangleMLS

TriangleMLS #2240808

Sold
$263,616
+20.1%
03/19/2010
TriangleMLS

TriangleMLS #1690828

Sold
$219,500
+22.01%

Schools & Community

Neighborhood: 

Northwest Raleigh

Elementary school: 

Wake - Sycamore Creek

Middle school: 

Wake - Pine Hollow

High school: 

Wake - Leesville Road

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

$271,740
Asking price
$465,000
Closing costs (~8% of asking)
-$37,200
Est. remaining loan balance
-$156,060
Cash to seller
$271,740

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

March 2021

Original loan amount

$197,500

Est. remaining balance

$156,060

Interest rate

2.2%

Loan type

New Conventional, 15 year

Seller

Thomas Parry

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: 11/05/2024 at 6:35 AM

Listing updated: 10/31/2024 at 7:01 PM

Listed by: Rachel Goley Lowe, Hodge & Kittrell Sotheby's Int Phone #: (919) 876-7411

MLS: TriangleMLS #10061068

TriangleMLS logo

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