tomo logo

$249,900

Beds
2
Baths
1.5
sq ft
1,243

5528 Forest Oaks Drive, Raleigh, NC 27609

5528 Forest Oaks Drive

Raleigh, NC 27609

  • 30 days on market
    • Price drop $5,100↓
Welcome to this inviting townhome, offering a cozy and functional layout with plenty of thoughtful updates. The spacious living room features a charming fireplace and flows into the bright breakfast nook, great for relaxing and entertaining. The kitchen is equipped with sleek stainless steel appliances, a large sink, and a window overlooking the private backyard...equipped with a new fence! Upstairs, you'll find two generously sized bedrooms with plenty of closet space, along with a full bathroom conveniently located between them. Additional updates include newer windows and fresh paint throughout, as well as a recently installed water heater and roof. The updated washer, dryer, and refrigerator convey with the home as well! This peaceful community also features a pool and dog park included with the HOA.

Details

Property type

Townhouse

Est. home value

$243,974

Lot size

1,306.8 sq ft

Price per sq ft

$202

Year built

1981

Annual property taxes

$2,106.14

Monthly HOA fee

$199.5

Price History

02/07/2025
TriangleMLS

TriangleMLS #10072269

Price change
$249,900
-2%
01/23/2025
TriangleMLS

TriangleMLS #10072269

Listed
$255,000
-1.85%
12/06/2024
TriangleMLS

TriangleMLS #10053745

Removed
$259,800

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

$52,857
Asking price
$249,900
Closing costs (~8% of asking)
-$19,992
Est. remaining loan balance
-$177,051
Cash to seller
$52,857

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

$177,051

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: 02/22/2025 at 9:20 PM

Listing updated: 02/18/2025 at 9:56 AM

Listed by: Jacob Lowder, DASH Carolina Phone #: (984) 205-2279

MLS: TriangleMLS #10072269

TriangleMLS logo

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