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$315,000

Beds
3
Baths
2.5
sq ft
1,505

5504 Skylock Drive, Raleigh, NC 27610

5504 Skylock Drive

Raleigh, NC 27610

  • 80 days on market
    • Price drop $15,000↓
Wonderful opportunity to own a piece of Raleigh real estate! NEW Paint, NEW Flooring, NEW Carpet, NEW granite counter tops and NEW kitchen backsplash. Nice open floor plan. The primary bedroom is bright, spacious, trey ceilings and 2 closets. The ensuite offers double sinks, soaking tub and shower. Additional bedrooms have high ceiling with natural light. The large fenced yard is perfect for gardening or hosting gatherings with friends. Location Location-quick access to Coastal Credit Music Park and just 10 miles from Downtown Raleigh where you can enjoy the year long events & festivals. Conveniently close to highways, shopping, and dining.

Details

Property type

Single Family Residence

Est. home value

$311,145

Lot size

7,840.8 sq ft

Price per sq ft

$210

Year built

2007

Annual property taxes

$2,378.85

Monthly HOA fee

$21.67

Price History

10/11/2024
TriangleMLS

TriangleMLS #10056408

Price change
$315,000
-4.55%
10/04/2024
TriangleMLS

TriangleMLS #10056408

Listed
$330,000
+159.66%
01/25/2008
TriangleMLS

TriangleMLS #924871

Sold
$127,090

Schools & Community

Neighborhood: 

South Raleigh

Elementary school: 

Wake - East Garner

Middle school: 

Wake - West Lake

High school: 

Wake - South Garner

High school district: 

Wake County Schools

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

$230,350
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$59,450
Cash to seller
$230,350

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

Seller’s Loan History

Lender

Alcova Mortgage Llc

Loan start date

September 2010

Original loan amount

$86,810

Est. remaining balance

$59,450

Interest rate

4.49%

Loan type

FHA, 30 year

Seller

Maria Santos Lemus

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: 12/23/2024 at 9:10 AM

Listing updated: 12/18/2024 at 1:55 PM

Listed by: Kathy Garcia, LPT Realty, LLC Phone #: (919) 376-7193

MLS: TriangleMLS #10056408

TriangleMLS logo

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