tomo logo

$375,000

Beds
3
Baths
2.5
sq ft
1,400

5505 Sorrell Crossing Drive, Raleigh, NC 27617

5505 Sorrell Crossing Drive

Raleigh, NC 27617

  • 3 days on market
    • Open house Dec 21
Nestled in an unbeatable location just minutes from I-540, Brier Creek shopping center, RDU Airport and more! This 3 bedroom, 2.5 bathroom single-family home with a 2-car garage is a must-see at The Village at Westgate. Freshly painted and move-in ready, it boasts a spacious fenced backyard complete with a beautiful patio—perfect for entertaining or relaxing. This open floor plan is filled with natural light, features a cozy gas fireplace in the family room and durable laminate flooring throughout the main level. The kitchen flows seamlessly into the dining area, creating a welcoming space for gatherings. Upstairs, you'll find generously sized bedrooms, a convenient laundry room and two full bathrooms. The primary suite offers comfort and privacy, with ample closet space and en-suite bathroom. Move-in ready!

Details

Property type

Single Family Residence

Est. home value

$382,405

Lot size

5,227.2 sq ft

Price per sq ft

$268

Year built

1998

Annual property taxes

$3,341.57

Monthly HOA fee

$38.82

Price History

12/18/2024
TriangleMLS

TriangleMLS #10067644

Listed
$375,000
+56.25%
10/22/2018
TriangleMLS

TriangleMLS #2209078

Sold
$240,000
+55.84%
05/09/2011
TriangleMLS

TriangleMLS #1767381

Sold
$154,000

Schools & Community

Neighborhood: 

Northwest Raleigh

Elementary school: 

Wake - Leesville Road

Middle school: 

Wake - Leesville Road

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

$175,391
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$169,609
Cash to seller
$175,391

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

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

February 2022

Original loan amount

$180,500

Est. remaining balance

$169,609

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Todd M Caporal and Todd Michael Caporal

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: 12/21/2024 at 12:55 PM

Listing updated: 12/20/2024 at 8:25 PM

Listed by: Tina Caul, EXP Realty LLC Phone #: (888) 584-9831

MLS: TriangleMLS #10067644

TriangleMLS logo

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