tomo logo

$398,900

Beds
4
Baths
2.5
sq ft
2,687

5604 Torness Court, Raleigh, NC 27604

5604 Torness Court

Raleigh, NC 27604

  • 222 days on market
    • Price drop $1,000↓
REDUCED 20,000.00 !! INVESTORS or FOR PERSONAL RESIDENCE ******BRING Your Offer TODAY Before It Gets Gone!! ....4 Bedroom Home with Extra 1 Bedroom Apartment with a separate entrance in a Great Raleigh Location. Easy access to I440 and I540 and all points in downtown Raleigh and /or Knightdale. In Ground Swimming Pool!! (Pool needs repairs) Fireplace. Fenced Backyard / Pool area.. Bedrooms are large with nice closet spaces. Garage has been converted into a one bedroom Apartment with a full bathroom and has separate entrance. (This addition may not have been permitted but looks professionally done !!). Buyer might can convert Apartment back to a Garage....not sure.) Close to shopping, restaurants, etc. (Should also make a great Investment or Rental Property). (Total Square footage includes the Converted Garage apartment) SELLER SAYS RENTAL INCOME is 2500 to 3000.00 per MONTH !! (Current Tenant on a lease that ends in May 21st.. then goes month to month lease) (Showings on Wednesdays from1 to 4pm only)

Details

Property type

Single Family Residence

Est. home value

$397,442

Lot size

8,712 sq ft

Price per sq ft

$149

Year built

1993

Annual property taxes

$1,890.5

Monthly HOA fee

$18.33

Price History

06/16/2024
TriangleMLS

TriangleMLS #10023042

Price change
$398,900
-0.25%
05/07/2024
TriangleMLS

TriangleMLS #10023042

Price change
$399,900
-4.79%
04/14/2024
TriangleMLS

TriangleMLS #10023042

Listed
$420,000
+103.64%

Schools & Community

Elementary school: 

Wake - Beaverdam

Middle school: 

Wake - River Bend

High school: 

Wake - Knightdale

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 Federal Cu

Loan start date

July 2017

Original loan amount

$17,500

Est. remaining balance

Not provided

Interest rate

3.15%

Loan type

Credit Line (Revolving)

Seller

Diego M Montealegre and Carla P Montealegre

Lender

Coastal Federal Cu

Loan start date

July 2017

Original loan amount

$1,300

Est. remaining balance

Not provided

Interest rate

3.13%

Loan type

Credit Line (Revolving)

Seller

Diego M Montealegre and Carla P Montealegre

Lender

Fairway Independent Mortgage Corp

Loan start date

May 2017

Original loan amount

$168,000

Est. remaining balance

$94,761

Interest rate

3.44%

Loan type

New Conventional, 15 year

Seller

Diego M Montealegre and Carla P Montealegre

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: 11/23/2024 at 1:50 AM

Listing updated: 08/23/2024 at 9:14 AM

Listed by: Ricky Murray, Howard Perry & Walston Realtor Phone #: (919) 876-8824

MLS: TriangleMLS #10023042

TriangleMLS logo

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