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$765,000

Beds
5
Baths
2.5
sq ft
2,940

5513 Parkwood Drive, Raleigh, NC 27612

5513 Parkwood Drive

Raleigh, NC 27612

  • 63 days on market
    • Price drop $34,000↓
Stately Brick home in Brookhaven subdivision is ready for a new owner. The property has been well maintained and includes updates around the home. This 5 Bed 2.5 bathroom home has a great front parlor for sitting with guests. The family room includes a cozy fireplace. The elegant dining room is large enough for entertaining or formal dinners. The kitchen has plenty of counter space for the chef to show off their skills. A large backyard and patio complete the look! 2 Car garage with extra space for workshop or other activities.

Details

Property type

Single Family Residence

Est. home value

$710,010

Lot size

Unknown

Price per sq ft

$261

Year built

1966

Annual property taxes

$4,771

Price History

06/18/2024
TriangleMLS

TriangleMLS #10027429

Price change
$765,000
-4.26%
06/03/2024
TriangleMLS

TriangleMLS #10027429

Price change
$799,000
-1.36%
05/20/2024
TriangleMLS

TriangleMLS #10027429

Price change
$810,000
-3.57%

Schools & Community

Neighborhood: 

Northwest Raleigh

Elementary school: 

Wake - York

Middle school: 

Wake - Oberlin

High school: 

Wake - Sanderson

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

Coastal Fcu

Loan start date

August 2020

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

3.02%

Loan type

Credit Line (Revolving), 20 year

Seller

Gerald Payton and Fay Payton

Lender

Coastal Fcu

Loan start date

October 2019

Original loan amount

$253,000

Est. remaining balance

$186,314

Interest rate

3.06%

Loan type

New Conventional, 15 year

Seller

Gerald Payton and Fay Cobb Payton

Lender

Bank Of America

Loan start date

March 2002

Original loan amount

$33,600

Est. remaining balance

Not provided

Interest rate

6.96%

Loan type

Credit Line (Revolving), 25 year

Seller

Gerald C Payton

Lender

Bank Of America

Loan start date

March 2002

Original loan amount

$240,000

Est. remaining balance

Not provided

Interest rate

6%

Loan type

Not Provided, 30 year

Seller

Gerald C Payton

Lender

Nationsbanc Mtg

Loan start date

March 1999

Original loan amount

$220,500

Est. remaining balance

$69,743

Interest rate

6.78%

Loan type

Not Provided, 30 year

Seller

Gerald Payton

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 4:30 PM

Listing updated: 06/27/2024 at 6:05 PM

Listed by: Mark Edward Hargrove, Mark Spain Real Estate Phone #: (770) 886-9000

MLS: TriangleMLS #10027429

TriangleMLS logo

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