tomo logo

$1,700,000

Beds
4
Baths
3.5
sq ft
3,518

550 East Edenton Street, Raleigh, NC 27601

550 East Edenton Street

Raleigh, NC 27601

  • 50 days on market
Nestled amidst the vibrant streets of downtown Raleigh, this one-owner custom-built home stands as a testament to timeless elegance and modern luxury. It's not just a house; it's a sanctuary, meticulously designed and crafted to be a haven of comfort and style. As you approach, the sight of the stunning curb appeal welcomes you with open arms. A meticulously landscaped front yard, adorned with lush greenery and vibrant blooms, sets the stage for the beauty that lies within. The elegant natural granite stone tower, adorned with delicate landscape lighting at its base, stands as a beacon of sophistication, drawing you closer. Step through the front door, and you're greeted by a grandeur that is both awe-inspiring and inviting. The flowing layout of the home unfolds before you, effortlessly blending indoor and outdoor living spaces. Floor-to-ceiling windows bathe the interior in natural light, casting a warm glow upon the pristine hardwood floors below. Your journey continues as you follow the path of the custom-built two-story wooden spiral staircase, encased in a rounded granite stone tower. Pillars, curved walls, and recessed shelving add architectural interest at every turn, while solid iron and glass hanging light fixtures cast a soft, welcoming glow. The heart of the home, the kitchen, beckons with its sleek modern design and premium finishes. Silestone countertops, glass backsplash, and under-cabinet lighting create an ambiance of culinary delight, while Frigidaire professional gas range/stove and Sub Zero refrigerator offer the tools of a gourmet chef's dreams. As night falls, the outdoor living space comes alive with dramatic landscape lighting, illuminating the private fenced side yard and expansive patio. High-end NanaWall accordion doors seamlessly connect the interior to the outdoor oasis, inviting you to dine al-fresco under the stars or simply unwind in quiet solitude. Retreat to the master suite, where luxury awaits at every turn. The master bathroom, adorned with travertine tile and marble countertops, offers a spa-like escape with its walk-in shower, soaking tub, and private windows that invite the beauty of the outdoors in. And with a spacious walk-in closet featuring custom-built shelving, storage is never a concern. An adjoining private deck offers another opportunity to take in the outdoors. The home also boasts a third-floor bonus room, providing additional living space ideal for a family room, home office, or entertainment area. Additionally, a detached two-car garage completes the picture of luxury and convenience, offering ample space for parking and storage. This award-winning home, recipient of the prestigious Sir Walter Raleigh Award for Community Appearance presented by the city of Raleigh, isn't just a house; it's a story waiting to be lived. With its leafy urban oasis setting and proximity to downtown amenities, it offers a lifestyle of unparalleled luxury and convenience. Discover the magic of this architectural masterpiece and make one of Raleigh's finest homes yours. Copy and paste this url into your browser to view the 3D Matterport tour: https://my.matterport.com/show/?m=mgRC4ZnufBZ&play=1&brand=0&mls=1& and this for the video tour: https://listings.lighthousevisuals.com/videos/018f67f0-d2e6-731c-a2f3-57494f32ca16

Details

Property type

Single Family Residence

Est. home value

$1,350,009

Lot size

6,969.6 sq ft

Price per sq ft

$484

Year built

2008

Annual property taxes

$9,810.38

Price History

05/16/2024
TriangleMLS

TriangleMLS #10029561

Listed
$1,700,000

Schools & Community

Neighborhood: 

North Central

Elementary school: 

Wake - Root

Middle school: 

Wake - Oberlin

High school: 

Wake - Broughton

Community features: 

Fitness Center, Park, Playground, Restaurant, Sidewalks, Street Lights

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

Pnc Bank Na

Loan start date

June 2022

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

3.78%

Loan type

Credit Line (Revolving), 40 year

Seller

Jonathan B Dodge

Lender

State Employees Cu

Loan start date

August 2020

Original loan amount

$665,500

Est. remaining balance

Not provided

Interest rate

3.37%

Loan type

New Conventional, 30 year

Seller

Jonathan B Dodge and Lora Lynn Dodge

Lender

Pnc Bank Na

Loan start date

February 2020

Original loan amount

$185,000

Est. remaining balance

Not provided

Interest rate

3.16%

Loan type

Closed-end Mortgage, 15 year

Seller

Jonathan B Dodge and Lora Dodge

Lender

Pnc Bank Na

Loan start date

April 2015

Original loan amount

$47,000

Est. remaining balance

Not provided

Interest rate

2.97%

Loan type

Credit Line (Revolving), 40 year

Seller

Jonathan B Dodge and Lora Lynn Dodge

Lender

Rbc Centura Bank

Loan start date

September 2007

Original loan amount

$624,000

Est. remaining balance

Not provided

Interest rate

6.12%

Loan type

Not Provided, 30 year

Seller

Jonathan Barker Dodge

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: 07/04/2024 at 10:40 PM

Listing updated: 06/21/2024 at 5:03 PM

Listed by: Doug Yopp, The Oceanaire Realty Phone #: (919) 608-2760

MLS: TriangleMLS #10029561

TriangleMLS logo

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