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$259,800

Beds
2
Baths
1.5
sq ft
1,241

5528 Forest Oaks Drive, Raleigh, NC 27609

5528 Forest Oaks Drive

Raleigh, NC 27609

  • 46 days on market
    • Price drop $5,100↓
Don't miss your chance to experience this charming townhome in an unbeatable location—a true gem! Ideally located just minutes from the lively North Hills, Trader Joe's, Wegmans, and with quick access to Highways 440 and 540, this home offers convenience at its finest. Step inside to an inviting open living room featuring a cozy fireplace that flows seamlessly into a the breakfast nook. The kitchen features sleek stainless steel appliances and a large sink under a window overlooking the backyard. Upstairs, discover two spacious bedrooms with a full bathroom conveniently connecting them. Outside, enjoy a fenced-in patio, complete with a serene view of the trees. This community is complete with a pool and a dog park! New windows and paint throughout. New water heater and roof in 2023. The washer, dryer, and fridge convey with the home for added convenience.

Details

Property type

Townhouse

Est. home value

$243,974

Lot size

1,306.8 sq ft

Price per sq ft

$210

Year built

1981

Annual property taxes

$2,106.9

Monthly HOA fee

$189

Price History

09/30/2024
TriangleMLS

TriangleMLS #10053745

Price change
$259,800
-1.93%
09/19/2024
TriangleMLS

TriangleMLS #10053745

Listed
$264,900
+29.22%
02/16/2023
TriangleMLS

TriangleMLS #2490938

Sold
$205,000

Schools & Community

Neighborhood: 

North Raleigh

Elementary school: 

Wake - Millbrook

Middle school: 

Wake - East Millbrook

High school: 

Wake - Millbrook

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

$61,284
Asking price
$259,800
Closing costs (~8% of asking)
-$20,784
Est. remaining loan balance
-$177,732
Cash to seller
$61,284

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

Seller’s Loan History

Lender

Loan Pronto Inc

Loan start date

August 2023

Original loan amount

$180,000

Est. remaining balance

$177,732

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

Mark Dwayne Ellis

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: 11/05/2024 at 1:55 AM

Listing updated: 11/04/2024 at 3:26 AM

Listed by: Joshua Fields, Compass -- Raleigh Phone #: (919) 726-6548

MLS: TriangleMLS #10053745

TriangleMLS logo

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