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$399,000

Beds
2
Baths
2.5
sq ft
1,552

5602 Picnic Rock Lane, Raleigh, NC 27613

5602 Picnic Rock Lane

Raleigh, NC 27613

  • <1 day on market
Welcome to 5602 Picnic Rock Lane, a charming 3-bed, 2.5-bath home with hardwood floors and an inviting open layout. The living room, anchored by a cozy gas fireplace, flows into a modern kitchen with granite countertops and stainless steel appliances. French doors open to a serene screened-in porch and a large deck overlooking the backyard, perfect for relaxing or entertaining. The primary suite features vaulted ceilings, a luxurious en-suite bath with dual vanities, a walk-in shower, and a soaking tub. A flexible bonus room offers space for a home office or playroom. Additional features include a laundry room and a two-car garage. Nestled in a quiet neighborhood, this home is just a short drive to Raleigh-Durham International Airport, making it ideal for frequent travelers. Close to parks, top-rated schools, and shopping, this home is a must-see. Schedule your showing today!

Details

Property type

Townhouse

Est. home value

$344,103

Lot size

Unknown

Price per sq ft

$258

Year built

1999

Annual property taxes

$2,499

Monthly HOA fee

$180

Price History

10/07/2024
TriadMLS

TriadMLS #1158105

Listed
$399,000
+144.79%
05/26/2011
TriangleMLS

TriangleMLS #1753695

Sold
$163,000
-3.26%
07/14/2005
TriangleMLS

TriangleMLS #789175

Sold
$168,500
+1.26%

Schools & Community

Neighborhood: 

Northwest Raleigh

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$305,765
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$61,315
Cash to seller
$305,765

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

March 2018

Original loan amount

$70,000

Est. remaining balance

$61,315

Interest rate

4.22%

Loan type

New Conventional, 30 year

Seller

Suzanne Podbela and Denise M Hurley

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?

Status: Active

Tomo last checked: 10/08/2024 at 12:45 PM

Listing updated: 10/07/2024 at 4:15 PM

Listed by: Justin Rini, KELLER WILLIAMS REALTY Phone #: (336) 992-0200

MLS: TriadMLS #1158105

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