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$848,000

Beds
4
Baths
3.5
sq ft
3,985

5501 Fallen Leaf Court, Raleigh, NC 27606

5501 Fallen Leaf Court

Raleigh, NC 27606

  • 140 days on market
    • Price drop $27,000↓
LOOK NO FURTHER! THIS WELL MAINTAINED + STUNNING HOME IN HIGHLY DESIRABLE ENCHANTED OAKS IS THE ONE FOR YOU! This welcoming house is nestled in a quiet cul-de-sac on a hard to find .92 flat lot surrounded by a canopy of trees! Oversized living room is cozy w/ brick fireplace/gas logs. Wonderful sun room brings in natural light into the home & is the perfect spot for your morning coffee. Eat-in kitchen w/ granite counters, stainless steel appliances, custom backsplash & good size pantry brings function & style to this fabulous home. The breakfast room & dining room allow for casual meals & hosting friends! Spacious master w/ two walk-in-closets & lovely bath with dual vanities. Three secondary bedrooms are good size! A highlight is the incredible bonus room w/ pool table! Ideal spot to watch your favorite sports game! Now on to the amazing third floor which has an office, exercise room & bath (permits unknown)! Huge deck on the back of the home w/ a fenced-in area. You will fall in love with the private feeling of this yard w/ lots of beautiful trees! Side entry garage enhances the curb appeal! Close to downtown Raleigh, Lake Wheeler, Farmers Market, Cary, NCSU & more! Updates include new windows (2014), siding replaced w/ fiber cement (2014), back yard aluminum fence (2015), new AC/heat pumps for first and second floors (2016), new roof (2017), water heater replaced (2022)! Several photos are virtually staged - family room, sun room and primary. Time to buy before the holidays!

Details

Property type

Single Family Residence

Est. home value

$753,166

Lot size

0.92 acres

Price per sq ft

$213

Year built

1985

Annual property taxes

$3,125.6

Price History

08/20/2024
TriangleMLS

TriangleMLS #10036896

Price change
$848,000
-3.09%
06/20/2024
TriangleMLS

TriangleMLS #10036896

Listed
$875,000
+119.85%
06/01/2001
TriangleMLS

TriangleMLS #588314

Sold
$398,000

Schools & Community

Elementary school: 

Wake - Yates Mill

Middle school: 

Wake - Dillard

High school: 

Wake - Athens Dr

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

Countrywide Bank Na

Loan start date

June 2006

Original loan amount

$349,500

Est. remaining balance

Not provided

Interest rate

1.5%

Loan type

New Conventional, 40 year

Seller

Robert H Ritchie and Leatha P Ritchie

Lender

Central Carolina Bank

Loan start date

November 2002

Original loan amount

$300,700

Est. remaining balance

$138,396

Interest rate

6.01%

Loan type

Not Provided, 30 year

Seller

Robert H Ritchie and Leatha P Ritchie

Lender

Central Carolina Bank

Loan start date

November 2002

Original loan amount

$59,000

Est. remaining balance

Not provided

Interest rate

6.01%

Loan type

Credit Line (Revolving)

Seller

Robert H Ritchie and Leatha P Ritchie

Lender

Fm Lending Services Inc

Loan start date

May 2001

Original loan amount

$275,000

Est. remaining balance

Not provided

Interest rate

6.37%

Loan type

Not Provided, 30 year

Seller

Robert H Ritchie and Leatha P Ritchie

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: 11/08/2024 at 10:40 AM

Listing updated: 10/27/2024 at 6:01 AM

Listed by: Kathryn E West, Berkshire Hathaway HomeService Phone #: (919) 782-6641

MLS: TriangleMLS #10036896

TriangleMLS logo

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