tomo logo

$1,999,999

Beds
5
Baths
6.5
sq ft
7,690

5808 Cavanaugh Drive, Raleigh, NC 27614

5808 Cavanaugh Drive

Raleigh, NC 27614

  • 13 days on market
This luxury home is in one of Raleigh's Premier neighbors, The Registry at Bailey Farm. The Registry is a prestigious, subdivision of 105 beautifully crafted and landscaped custom homes set in the gently rolling hills of North Raleigh. This Custom home, Boasting 6 bedrooms & 6 baths, on 1.28 acres of land. The pool was recognized amongst the nicest by Raleigh Custom Pool Builders, which was completely redone in the last 2 years. In addition to the main home, the pool house has an in-law suite and living space. Entertain your family in the custom theater with new, state of the art equipment, or your guests in the 55k gallon custom pool and built in natural gas bbq, with entertaining space for 30+ people in the rear of home. Move-in Ready, interior just painted to update home, as well as exterior paint 2 years ago. Meticulously Maintained, Open Floor Plan, Gourmet Chefs Kitchen with Wolfe Gas Cook Top,Executive Level Master Suite, Family Friendly for all generations, Covered Outdoor Kitchen + multiple outdoor living spaces. Inside is a gas Burning

Details

Property type

Single Family Residence

Est. home value

$1,666,612

Lot size

1.28 acres

Price per sq ft

$261

Year built

2005

Annual property taxes

$9,333

Monthly HOA fee

$200

Price History

06/21/2024
TriangleMLS

TriangleMLS #10037043

Listed
$1,999,999
06/18/2024
TriangleMLS

TriangleMLS #10032167

Removed
$1,999,999
06/14/2024
TriangleMLS

TriangleMLS #10032167

Price change
$1,999,999
-9.09%

Schools & Community

Elementary school: 

Wake - Pleasant Grove

Middle school: 

Wake - West 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

$1,371,848
Asking price
$1,999,999
Closing costs (~8% of asking)
-$160,000
Est. remaining loan balance
-$468,151
Cash to seller
$1,371,848

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

Seller’s Loan History

Lender

Corporate Investors Mortgage Group Inc

Loan start date

July 2020

Original loan amount

$510,400

Est. remaining balance

$468,151

Interest rate

3.21%

Loan type

New Conventional, 30 year

Seller

James Casey Sharp and Melissa Porazzo

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?

Similar Homes Nearby

TriangleMLS
$1,750,000
5 bd
|
5.5 ba
|
4,230 sq ft
|
House

7445 Summer Tanager Trail, Raleigh, NC 27614

New
TriangleMLS
$1,750,000
5 bd
|
6 ba
|
4,895 sq ft
|
House

7440 Summer Tanager Trail, Raleigh, NC 27614

TriangleMLS
$1,894,000
5 bd
|
4.5 ba
|
5,944 sq ft
|
House

6729 Greywalls Lane, Raleigh, NC 27614

Status: Active

Tomo last checked: 07/04/2024 at 9:30 PM

Listing updated: 06/27/2024 at 11:54 AM

Listed by: Paul J Haynes, Haynes Properties Phone #: (919) 749-1208

MLS: TriangleMLS #10037043

TriangleMLS logo

Recently listed in Raleigh

$343,000|3 bd|2.5 ba|Townhouse
$438,000|3 bd|2.5 ba|Townhouse
$750,000|4 bd|3.0 ba|House
$488,000|3 bd|2.5 ba|Townhouse
$1,600,000|4 bd|4.5 ba|House
$770,000|4 bd|3.0 ba|House