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$2,250,000

Beds
4
Baths
3.5
sq ft
3,821

5601 Lambshire Drive, Raleigh, NC 27612

5601 Lambshire Drive

Raleigh, NC 27612

  • 54 days on market
Nestled on a serene 2.87-acre lot, this exquisitely renovated mid-century modern masterpiece provides ultimate privacy, courtesy of an abundant tree canopy in the backyard. Featuring 4 generous bedrooms and 3.5 baths, this home has experienced a remarkable array of upgrades. The airy main level is bathed in natural light, with large windows and white oak floors flowing throughout. The kitchen, a blend of functionality and beauty, is equipped with a spacious island, a prep sink, upscale Jenn-Air appliances, a gas stovetop, and a wine fridge. In the living and dining areas, vaulted ceilings adorned with wooden beams complement a modern gas fireplace and sliding doors that lead to a terrazzo balcony overlooking a dramatic pool. Both the primary suite and second bedroom enjoy access to the balcony and secluded backyard. The walk-out basement features polished terrazzo flooring and an additional living space that opens to the pool through sliding doors. This entertainment oasis includes a wet bar fitted with a wine/beverage refrigerator, ice maker, dishwasher, and sink. Accommodating guests, there are two spacious bedrooms, one boasting a sliding door with a built-in dog door that opens to a fully fenced, turf-covered backyard. A laundry room adds convenience with ample storage and folding areas, along with an extra bathroom. The adjoining pool house contains a half bath, a living space with kitchen amenities, a mud bench, utility sink, and a full-sized refrigerator. A modern glass garage door effortlessly links this area to the outdoor kitchen and pool, enhancing the seamless indoor-outdoor lifestyle. The backyard is perfect for entertaining, featuring newly installed pavers, a complete outdoor kitchen equipped with a grill, pizza oven, refrigerator, and granite counters, all complemented by a sparkling pool, adorned with pebble plaster and fountains, plus a partially sheltered seating area. Surrounded by a fence, the improved landscaping and subtle lighting create a cozy atmosphere for evening gatherings. Additional features include a two-car garage and a separate storage shed. Ideally located just minutes from Crabtree Valley Mall, North Hills, Shelley Lake, the airport, and a variety of local amenities. Attached pool house - renovated 2023/2024 Half bath Living/kitchen area - mud bench, utility sink, full size fridge, modern glass garage door Indoor/outdoor living leading out to outdoor kitchen/pool Backyard - renovated 2023 New pavers Full built-in outdoor kitchen - grill, side burner, fridge, pizza oven, storage drawers/cabinets, granite countertops Pool - pebble plaster, new tile/coping, partially covered by balcony cantilever, 2 fountains Covered and uncovered sitting area. Backyard lighting in pavers, retaining wall, steps, and string light over uncovered sitting area. Fully fenced Paver stairs up side of house with lighting Other: Landscape lighting in front 2 car garage Separate shed 2.87 acres

Details

Property type

Single Family Residence

Est. home value

$1,344,643

Lot size

2.87 acres

Price per sq ft

$589

Year built

1960

Annual property taxes

$8,228

Monthly HOA fee

$22.92

Price History

09/12/2024
TriangleMLS

TriangleMLS #10052310

Listed
$2,250,000
+204.05%
09/19/2018
TriangleMLS

TriangleMLS #2179736

Sold
$740,000

Schools & Community

Neighborhood: 

North Raleigh

Elementary school: 

Wake - York

Middle school: 

Wake - Oberlin

High school: 

Wake - Sanderson

Community features: 

None

High school district: 

Wake County Schools

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

$1,542,344
Asking price
$2,250,000
Closing costs (~8% of asking)
-$180,000
Est. remaining loan balance
-$527,656
Cash to seller
$1,542,344

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

Seller’s Loan History

Lender

Ubs Bank Usa

Loan start date

September 2018

Original loan amount

$592,000

Est. remaining balance

$527,656

Interest rate

4.6%

Loan type

New Conventional, 30 year

Seller

Chad Barba and Julie B Barba

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 2:40 PM

Listing updated: 10/20/2024 at 4:38 PM

Listed by: Susan Dahlin Bashford, Hodge & Kittrell Sotheby's Int Phone #: (919) 876-7411

MLS: TriangleMLS #10052310

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