tomo logo

$680,000

Beds
4
Baths
2.5
sq ft
3,000

551 Competition Road, Raleigh, NC 27603

551 Competition Road

Raleigh, NC 27603

  • 51 days on market
    • Price drop $10,000↓
Exquisite former parade of homes master piece located in the highly desirable Eagle Ridge subdivision and backing up to the 18th hole and walking distance to the pool, driving range and clubhouse! This stunning home comes complete with breathtaking open floor plan, 4 luxurious bedrooms including first floor owners suite, inviting 2.5 baths, 2 story relaxing family room with wall of windows for lovely natural lighting all year round, huge open island kitchen complete with separate seating area with double sided fireplace, Hardwoods & custom tile flooring, stay connected with in home intercom system, beautiful back deck looking out over the 18th hole perfect for spending time with family and friends while watching the final round, private workshop storage area under the deck, all of this located minutes from downtown Raleigh, make this gorgeous house your next home!

Details

Property type

Single Family Residence

Est. home value

$613,648

Lot size

0.28 acres

Price per sq ft

$227

Year built

2000

Annual property taxes

$5,000

HOA fee

$300

Price History

07/03/2024
TriangleMLS

TriangleMLS #10029949

Price change
$680,000
-1.45%
06/23/2024
TriangleMLS

TriangleMLS #10029949

Price change
$690,000
-1.43%
05/16/2024
TriangleMLS

TriangleMLS #10029949

Listed
$700,000
+80.88%

Schools & Community

Elementary school: 

Wake County Schools

Middle school: 

Wake County Schools

High school: 

Wake County Schools

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

Hometap Equity Partners Llc

Loan start date

August 2022

Original loan amount

$128,524

Est. remaining balance

Not provided

Interest rate

5.3%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Bradley J Borst and Anna Marie H Borst

Lender

Homebridge Financial Services Inc

Loan start date

April 2021

Original loan amount

$335,515

Est. remaining balance

$312,665

Interest rate

3.02%

Loan type

FHA, 30 year

Seller

Bradley J Borst and Anna Marie H Borst

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: 07/07/2024 at 4:35 PM

Listing updated: 07/03/2024 at 11:53 AM

Listed by: Beau Bourquin, EXP Realty LLC Phone #: (888) 584-9831

MLS: TriangleMLS #10029949

TriangleMLS logo

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